Welcome to our dedicated page for Howmet Aerospace news (Ticker: HWM), a resource for investors and traders seeking the latest updates and insights on Howmet Aerospace stock.
Howmet Aerospace Inc. reports developments across its engineered products business for aerospace, defense, gas turbine and commercial transportation markets. Updates commonly cover revenue and margin trends tied to commercial aerospace production, engine spares, defense demand, gas turbines and commercial transportation, along with cash generation, guidance, stock repurchases and common stock dividends.
Company announcements also address shareholder meetings, investor conference presentations and executive leadership changes. Howmet's product portfolio includes jet engine components, aerospace fastening systems, airframe structural components and forged aluminum wheels for commercial transportation.
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Howmet Aerospace (NYSE:HWM) announced that Vagner Finelli will join as President of Howmet Fastening Systems effective May 1, 2023. Vagner will oversee global operations of HFS and report to John Plant, CEO. He previously served as President and CEO at Sigma Engineered Solutions, focusing on metal castings and stampings across various industries. Vagner's experience includes leadership roles at Precision Castparts and Lear Corporation, where he progressed through multiple management positions. He holds a Bachelor's in Mechanical Engineering from São Paulo State University and an MBA from Michigan State University.
Howmet Aerospace is a leading provider of advanced solutions for aerospace, offering jet engine components and fastening systems that enhance performance and reduce carbon footprints with nearly 1,150 patents.
The Board of Directors of Howmet Aerospace (NYSE:HWM) has declared a dividend of 4 cents per share for its Common Stock, scheduled for payment on May 25, 2023, to shareholders on record as of May 5, 2023. Additionally, a dividend of 93.75 cents per share will be issued for its $3.75 Cumulative Preferred Stock, payable on July 1, 2023, to holders on record by June 9, 2023. Howmet Aerospace, based in Pittsburgh, Pennsylvania, specializes in engineered solutions for the aerospace and transportation industries, focusing on jet engine components and aerospace fastening systems. The company holds nearly 1,150 patents aimed at improving aircraft efficiency and reducing environmental impact.