Recent Updates — HWM
Howmet Aerospace is recasting its historical segment information to move a titanium alloy facility from Engine Products to Engineered Structures, a change that has no impact on consolidated financial results. Additionally, the company prepaid its ¥29,702 million JPY Term Loan Facility and executed a cross-currency swap on $300 million of its 6.750% Notes due 2028, which is expected to reduce annual interest expense by approximately $12 million.
Howmet Aerospace Inc. announced the results of its 2026 annual meeting of shareholders, where all nine director nominees were elected and the appointment of PricewaterhouseCoopers LLP as independent auditor was ratified. Shareholders also approved the advisory vote on executive compensation, which received 243,199,451 votes in favor.
Howmet Aerospace Inc. completed its acquisition of Consolidated Aerospace Manufacturing, LLC, a subsidiary of Stanley Black & Decker, Inc., on April 6, 2026. The transaction was a cash purchase valued at approximately $1.8 billion, subject to customary adjustments.