HWM · 10-Q · 2026Q2 · Full report

Capital Expenditures Program

Howmet Aerospace Inc. · 2026-08-06 · Importance 96 · Surprise 100 · No source text

Cash used in investing activities increased to $1,900 million in the six months ended June 30, 2026 from $212 million in the prior-year period. The increase primarily reflected $1,929 million of cash used for the CAM and Brunner acquisitions, net of cash acquired. Proceeds from asset and business sales increased by $217 million, primarily from the Savannah disk forging facility sale, while capital expenditures decreased by $23 million. Total 2026 capital expenditures are expected to equal approximately 5% of sales, including continued Engine Products capacity investments.

Key facts

Impact estimates

metricdirectionstageexpectedbasis
assetspositiveprobable+0.5%Total capital expenditures are anticipated to be approximately 5% of sales in 2026, including continued growth investments in the Engine…
cashnegativeprobable-0.5%Total capital expenditures are anticipated to be approximately 5% of sales in 2026, including continued growth investments in the Engine…