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Arconic Inc. would be renamed Howmet Aerospace Inc. and a new company, Arconic Corporation, would be set up and spun out tax free from Arconic Inc. [30] The new Arconic Corporation would be focused on rolled aluminium products and Howmet Aerospace on engineered products. [31] The separation was completed effective April 1, 2020. [1] [32]
Howmet Aerospace Inc. is an American aerospace company based in Pittsburgh, Pennsylvania. The company manufactures components for jet engines, fasteners, titanium structures for aerospace applications, and forged aluminum wheels for heavy trucks.
Aerospace components are in high demand, setting up a positive outlook for suppliers including Howmet Aerospace (NYSE: HWM). Howmet shares climbed 15.7% in January, according to data provided by S ...
Howmet Aerospace repurchased $190 million in the quarter, $500 million in full-year 2024, and $50 million in January 2025, retiring a total of ~7.9 million shares. The remaining share repurchase ...
Strong commercial aerospace demand fuels a big quarterly beat.
Spin-off entity Transaction value (in billions USD) Inflation adjusted (in billions 2022 USD) Ref 1 2024 General Electric Company: GE Aerospace, GE Vernova, GE Healthcare: 191 191 [1] 2 2008 Altria Group: Philip Morris International: 108 141 [2] [3] 3 2000 BCE: Nortel: 60 97 [3] 4 2013 Abbott Laboratories: AbbVie: 56 67 [3] 5 2015 eBay: PayPal ...
The various Rockwell companies list a large number of technological firsts and historic developments in their histories, including the World War II-era P-51 Mustang fighter and B-25 Mitchell bomber, the Korean War-era F-86 Sabre fighter jet, America's first truly supersonic fighter, the F-100 Super Sabre, and the B-1 Lancer bomber, as well as ...
The company impressed with both its trailing performance in challenging conditions, and its profitability guidance.