Howmet Aerospace Announces $400 Million Bond Offering
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1 day ago
0mins
Should l Buy HWM?
Source: Newsfilter
- Bond Offering Size: Howmet Aerospace has announced a public offering of $400 million in bonds, including 3.750% notes due in 2028, 3.900% notes due in 2029, and 4.750% notes due in 2036, with the offering expected to close on March 3, 2026, indicating the company's active engagement in capital markets.
- Acquisition Financing Plan: The net proceeds from this bond offering will be combined with $600 million in borrowings and cash to finance the approximately $1.8 billion acquisition of Consolidated Aerospace Manufacturing, reflecting the company's aggressive growth strategy.
- Underwriting Team: The bond offering is being managed by Citigroup Global Markets, Goldman Sachs, J.P. Morgan, and SMBC Nikko Securities, showcasing strong market confidence and support for Howmet Aerospace.
- Compliance Statement: The announcement clarifies that the bond offering does not constitute an offer to sell or solicit purchases, with all related documents filed with the SEC, ensuring compliance and transparency.
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Analyst Views on HWM
Wall Street analysts forecast HWM stock price to fall
13 Analyst Rating
12 Buy
1 Hold
0 Sell
Strong Buy
Current: 252.550
Low
209.00
Averages
236.77
High
258.00
Current: 252.550
Low
209.00
Averages
236.77
High
258.00
About HWM
Howmet Aerospace Inc. is a global provider of advanced engineered solutions for the aerospace and transportation industries. The Company’s primary business focus is on jet engine components, aerospace fastening systems, and airframe structural components. Its Engine Products segment produces investment castings, including airfoils, and seamless rolled rings primarily for aircraft engines and industrial gas turbine applications. Its Fastening Systems segment produces aerospace fastening systems, as well as commercial transportation, industrial and other fasteners. Its Engineered Structures segment produces titanium ingots and mill products for aerospace and defense applications and is vertically integrated to produce titanium forgings, titanium extrusions, and machining services for airframe, wing, aero-engine, and landing gear components. Its Forged Wheels segment provides forged aluminum wheels and related products for heavy-duty trucks and the commercial transportation market.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Howmet Aerospace Announces Planned Senior Notes Offering - SEC Filing
Company Announcement: Howmet Aerospace has announced a proposed offering of senior notes.
Purpose of Offering: The proceeds from the offering are intended for general corporate purposes, including potential refinancing of existing debt.
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Howmet Aerospace Announces $400 Million Bond Offering
- Bond Offering Size: Howmet Aerospace has announced a bond offering totaling $400 million, which includes 3.750% notes due in 2028, 3.900% notes due in 2029, and 4.750% notes due in 2036, reflecting the company's strong financing capability and confidence in the capital markets.
- Clear Use of Proceeds: The net proceeds from this bond offering will be combined with $600 million in commercial paper borrowings and cash to finance the approximately $1.8 billion acquisition plan, indicating the company's proactive strategic positioning for business expansion.
- Strong Underwriter Lineup: Citigroup Global Markets, Goldman Sachs, J.P. Morgan Securities, and SMBC Nikko Securities are acting as joint book-running managers for this offering, showcasing market trust and support for Howmet Aerospace.
- Compliance Statement: This offering is conducted under an effective registration statement with the SEC, ensuring compliance and transparency, which further enhances investor confidence and promotes a positive image for the company in the capital markets.
See More
Howmet Aerospace Announces $400 Million Bond Offering
- Bond Offering Size: Howmet Aerospace has announced a public offering of $400 million in bonds, including 3.750% notes due in 2028, 3.900% notes due in 2029, and 4.750% notes due in 2036, with the offering expected to close on March 3, 2026, indicating the company's active engagement in capital markets.
- Acquisition Financing Plan: The net proceeds from this bond offering will be combined with $600 million in borrowings and cash to finance the approximately $1.8 billion acquisition of Consolidated Aerospace Manufacturing, reflecting the company's aggressive growth strategy.
- Underwriting Team: The bond offering is being managed by Citigroup Global Markets, Goldman Sachs, J.P. Morgan, and SMBC Nikko Securities, showcasing strong market confidence and support for Howmet Aerospace.
- Compliance Statement: The announcement clarifies that the bond offering does not constitute an offer to sell or solicit purchases, with all related documents filed with the SEC, ensuring compliance and transparency.
See More
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- AI Market Outlook: The global AI market in defense and aerospace is projected to grow from $4.2 billion in 2026 to $42.8 billion by 2036, at a compound annual growth rate of 26.4%, indicating a rapid acceleration in demand for autonomous platforms and intelligent command systems, attracting significant institutional capital.
- Howmet's Strong Performance: Howmet Aerospace reported $2.2 billion in revenue for Q4 2025, a 15% year-over-year increase, with full-year revenue reaching a record $8.3 billion and adjusted EPS rising 40% to $3.77, reflecting robust growth in commercial and defense aerospace sectors.
- Curtiss-Wright Contract Win: Curtiss-Wright has been selected by Boeing to supply mission computers for the U.S. Air Force's C-17 Globemaster III, with an estimated contract value exceeding $400 million, enhancing the operational life of this critical military platform and reinforcing Curtiss-Wright's pivotal role in defense modernization.
See More
Howmet Aerospace Announces Planned Senior Notes Offering - SEC Filing
Company Announcement: Howmet Aerospace has announced a proposed offering of senior notes.
Purpose of Offering: The proceeds from the offering are intended for general corporate purposes, including potential refinancing of existing debt.
See More
Airbus Expects 870 Aircraft Deliveries in 2026
- Delivery Expectations Adjusted: Airbus anticipates delivering 870 commercial aircraft in 2026, slightly below analysts' expectations of 880, reflecting challenges due to supplier quality issues that could impact future revenue growth.
- Increased Competitive Pressure: Amid Boeing's gradual recovery, sentiment around Airbus has notably shifted, with analysts noting that while Airbus delivered 793 aircraft in 2025, the decline in delivery numbers may affect its market share.
- Financial Performance Exceeds Expectations: Airbus reported an adjusted EBIT of €2.98 billion in the fourth quarter, surpassing market expectations of €2.87 billion, indicating the company's resilience in maintaining profitability despite challenges.
- Cautious Future Outlook: Airbus expects an adjusted EBIT of around €7.5 billion in 2026; however, the downward adjustment of delivery targets may heighten investor concerns regarding its long-term growth prospects.
See More
Howmet Aerospace Announces $400 Million Bond Offering
- Bond Offering Size: Howmet Aerospace has announced a bond offering totaling $400 million, which includes 3.750% notes due in 2028, 3.900% notes due in 2029, and 4.750% notes due in 2036, reflecting the company's strong financing capability and confidence in the capital markets.
- Clear Use of Proceeds: The net proceeds from this bond offering will be combined with $600 million in commercial paper borrowings and cash to finance the approximately $1.8 billion acquisition plan, indicating the company's proactive strategic positioning for business expansion.
- Strong Underwriter Lineup: Citigroup Global Markets, Goldman Sachs, J.P. Morgan Securities, and SMBC Nikko Securities are acting as joint book-running managers for this offering, showcasing market trust and support for Howmet Aerospace.
- Compliance Statement: This offering is conducted under an effective registration statement with the SEC, ensuring compliance and transparency, which further enhances investor confidence and promotes a positive image for the company in the capital markets.
See More
Howmet Aerospace Announces $400 Million Bond Offering
- Bond Offering Size: Howmet Aerospace has announced a public offering of $400 million in bonds, including 3.750% notes due in 2028, 3.900% notes due in 2029, and 4.750% notes due in 2036, with the offering expected to close on March 3, 2026, indicating the company's active engagement in capital markets.
- Acquisition Financing Plan: The net proceeds from this bond offering will be combined with $600 million in borrowings and cash to finance the approximately $1.8 billion acquisition of Consolidated Aerospace Manufacturing, reflecting the company's aggressive growth strategy.
- Underwriting Team: The bond offering is being managed by Citigroup Global Markets, Goldman Sachs, J.P. Morgan, and SMBC Nikko Securities, showcasing strong market confidence and support for Howmet Aerospace.
- Compliance Statement: The announcement clarifies that the bond offering does not constitute an offer to sell or solicit purchases, with all related documents filed with the SEC, ensuring compliance and transparency.
See More
Congress Passes $839 Billion Defense Budget for 2026
- Defense Budget Increase: Congress has passed an $839 billion defense spending bill, marking the Pentagon's first full-year appropriation since fiscal 2024, with $9.8 billion specifically allocated for the development of autonomous and unmanned systems, highlighting a commitment to modern military technology.
- AI Market Outlook: The global AI market in defense and aerospace is projected to grow from $4.2 billion in 2026 to $42.8 billion by 2036, with a compound annual growth rate of 26.4%, indicating that defense budgets are driving rapid advancements in related technologies.
- Accelerated Corporate Investment: The DoD's IT budget for fiscal 2026 reached $66 billion, an increase of $1.8 billion from 2025, with every service branch boosting its AI allocations, and the Navy's AI spending alone rising by 22.7% year-over-year, reflecting a strong demand for intelligent technologies.
- Strategic Partnership Opportunities: VisionWave Holdings' subsidiary Solar Drone held meetings in Italy with potential customers in the Middle East to discuss drone cleaning solutions, indicating the company's pursuit of new business opportunities in the rapidly growing solar market in the region.
See More
Congress Passes $839 Billion Defense Budget for 2026
- Defense Budget Increase: The U.S. Congress has passed an $839 billion defense spending bill, marking the Pentagon's first full-year appropriation since fiscal 2024, with $9.8 billion allocated specifically for the development of autonomous and unmanned systems, which is expected to drive investment and market growth for related companies.
- AI Market Outlook: The global AI market in defense and aerospace is projected to grow from $4.2 billion in 2026 to $42.8 billion by 2036, at a compound annual growth rate of 26.4%, indicating a rapid acceleration in demand for autonomous platforms and intelligent command systems, attracting significant institutional capital.
- Howmet's Strong Performance: Howmet Aerospace reported $2.2 billion in revenue for Q4 2025, a 15% year-over-year increase, with full-year revenue reaching a record $8.3 billion and adjusted EPS rising 40% to $3.77, reflecting robust growth in commercial and defense aerospace sectors.
- Curtiss-Wright Contract Win: Curtiss-Wright has been selected by Boeing to supply mission computers for the U.S. Air Force's C-17 Globemaster III, with an estimated contract value exceeding $400 million, enhancing the operational life of this critical military platform and reinforcing Curtiss-Wright's pivotal role in defense modernization.
See More
