Howmet Aerospace boosts 2026 forecasts as rising jet production drives demand for parts
HWM•Industry pressure on rising costs
Some analysts and consultants say planemakers and large suppliers are now questioning the rising costs after years of overlooking higher prices in order to get parts.
"Fasteners is the prime category where everybody is looking at reducing costs," said Matteo Peraldo, partner and managing director at AlixPartners, who specializes in aerospace.
"At the end of the day, unless you know, unless you keep increasing the price of the aircraft and then the ticket price... you need to look back at the cost."
Howmet raises 2026 profit and revenue forecasts
Aug. 6 - Howmet Aerospace HWM.N raised its 2026 profit and revenue forecasts on Thursday as robust demand from planemakers for parts to support higher jet production is benefiting the company, sending its shares up 3% in premarket trading.
The U.S. aerospace castings and fasteners supplier now expects adjusted profit per share in the range of $5.23 to $5.31, compared with its previous forecast of $4.88 to $5 per share.
