HWM · 10-Q · 2026Q2 · Full report

Manufacturing Footprint Optimization

Howmet Aerospace Inc. · 2026-08-06 · Importance 50 · Surprise 58

Engineered Structures sales declined 13% in the second quarter and 8% in the first six months of 2026. The decline was primarily attributable to the sale of the disk forging facility in Savannah, Georgia, and product rationalization. The segment is optimizing its manufacturing footprint and rationalizing product mix to improve profitability, resulting in lower expected commercial and defense aerospace revenue in 2026. Productivity gains and lower net headcount partly offset the volume impact.