What Happened
Comparing Two Defense Giants Amid Rising Geopolitical Tensions
Rising geopolitical tensions are driving demand for defense equipment and technologies, creating growth opportunities for companies like Howmet Aerospace and ATI. Both companies are benefiting from strong aerospace and defense demand, with Howmet Aerospace’s commercial aerospace demand increasing and ATI’s aerospace and defense sales growing 13% year over year. According to Zacks Investment Research, both companies have strong growth prospects, but ATI’s lower forward valuation makes it relatively more attractive. This article was originally published on Zacks Investment Research.