Howmet Aerospace Inc - Company Profile
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Business Description
Howmet Aerospace Inc (Howmet) is a provider of advanced engineered solutions. It manufactures forged aluminum wheels for commercial transportation. The company focuses on producing jet engine components, aerospace fastening systems, and airframe structural components essential for performance and efficiency in aerospace and defense applications
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R&D Overview
Howmet focuses its research and development on lightweight, high-performance, and fuel-efficient engineered solutions for aerospace and transportation. The company's R&D initiatives include enhancing single-crystal casting and high-temperature superalloys for extreme turbine efficiency in jet engine airfoils, designing high-strength, lightweight fastening systems to reduce overall airframe weight in aerospace fasteners, refining metal powders and hybrid production methods for complex aerospace parts in additive manufacturing, and advancing lightweight forged aluminum commercial truck wheels to lower carbon footprints in sustainable transportation. As of December 2025, the company’s worldwide patent portfolio comprised of 1,020 granted patents and 180 pending patent applications. In FY2025, the company incurred expense of US$37 million on R&D activities, which increased 12.1% YOY.
Business Segments
Overview
Manufactures investment castings, seamless rolled rings and airfoils for industrial gas turbines and aircraft engines. Also produces structural and rotating parts. Serves the commercial and defense aerospace, industrial gas turbine, and oil and gas markets.
Performance
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Overview
Manufactures mill products and titanium ingots for aerospace and defense industries. Provides extrusions forming, titanium forgings, and machining services for wing, aero-engine, airframe, and landing gear components. Also manufactures nickel forgings, aluminum forgings, and aluminum machined components and assemblies. Serves defense aerospace, commercial aerospace, and land and sea defense market.
Performance
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Overview
Produces aerospace and industrial fastening systems, commercial transportation fasteners and installation tools. Its high-tech, multi-material fastening systems are used in various industries including aerospace, commercial transportation, construction and industrial equipment, and renewable energy sectors.
Performance
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Overview
Manufactures forged aluminum wheel for bus, truck, trailer and related products for heavy-duty trucks and the commercial transportation market. Sells its portfolio of wheels under Alcoa and Ultra ONE brands.
Performance
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Geographical Segments
Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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