HWM · 10-Q · 2026Q2 · Full report
Headcount / Restructuring
Howmet Aerospace Inc. · 2026-08-06 · Importance 46 · Surprise 42 · In source text
Restructuring and other credits totaled $93 million in the six months ended June 30, 2026, primarily from the gain on the Savannah disk forging facility sale. Engine Products added approximately 485 net employees in the second quarter and approximately 720 net employees in the first six months to support expected revenue increases. Engineered Structures reported lower net headcount as part of footprint optimization and product rationalization. Forged Wheels also reduced net headcount in response to lower commercial transportation volumes.
Key facts
- Engine Products Segment Adjusted EBITDA increased $314, or 48%, in the six months ended June 30, 2026 versus the six months ended June 30, 2025; the segment absorbed approximately 720 net headcount in the six months ended June 30, 2026. source
- Engine Products Segment Adjusted EBITDA increased $174, or 51%, in Q2 2026 versus Q2 2025; the segment absorbed approximately 485 net headcount in Q2 2026. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| operating_income | positive | realized | +12.3% | Engine Products Segment Adjusted EBITDA increased $314, or 48%, in the six months ended June 30, 2026 versus the six months ended June 30,… |
| operating_income | positive | realized | +6.8% | Engine Products Segment Adjusted EBITDA increased $174, or 51%, in Q2 2026 versus Q2 2025; the segment absorbed approximately 485 net… |