Howmet Aerospace Avoids Tariff Impacts For Now

Howmet’s Defense Aerospace segment grew 19% in the March quarter, driven by engine spares demand and new builds, particularly for Lockheed Martin’s F-35 Lightning II fighter jet.  Image credit: Operation 2023 / Alamy Stock Photo

Howmet’s Defense Aerospace segment grew 19% in the March quarter, driven by engine spares demand and new builds, particularly for Lockheed Martin’s F-35 Lightning II fighter jet.

Credit: Operation 2023 / Alamy Stock Photo
A letter Howmet Aerospace sent to customers in early April showed how seriously the metal component supplier took U.S. President Donald Trump’s tariffs: the company declared a force majeure event in a bid to free itself from the obligation to deliver products and services adversely impacted by the...
Matthew Fulco

Matthew Fulco is Business Editor for Aviation Week, focusing on commercial aerospace and defense.

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