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Howmet Aerospace Inc. (HWM) Discusses Technology and Markets Day With Business Update and Strategic Insights Transcript

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Howmet Aerospace executives outlined strategic growth plans during their March 2026 Technology and Markets Day, emphasizing aerospace innovation and operational efficiency amid evolving industry demands. CEO John Plant highlighted record financial performance, projecting sustained EBITDA growth through 2030, driven by commercial aerospace recovery and defense sector expansion. The Engine Products segment revealed advancements in lightweight, high-temperature alloys for next-gen jet engines, targeting 20% fuel efficiency gains by 2028. Fastening Systems and Forged Wheels divisions showcased AI-driven manufacturing optimizations, reducing lead times by 30% while scaling production for electric aircraft components. CFO Patrick Winterlich underscored a $1.5B R&D investment through 2027, prioritizing quantum materials and additive manufacturing to secure long-term competitive advantages.
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SA Transcripts158.98K FollowersFollow5ShareSaveCommentsPlay Earnings CallPlay Earnings Call Howmet Aerospace Inc. (HWM) Discusses Technology and Markets Day With Business Update and Strategic Insights March 10, 2026 8:00 AM EDT Company Participants Paul Luther - Vice President of Investor RelationsJohn Plant - Executive Chairman & CEOMerrick Murphy - President of the Engine Products SegmentVagner Finelli - President of Howmet Fastening SystemsJohan Wall - President of Engineered StructuresRandall Scheps - President of Forged WheelsPatrick Winterlich - Executive VP & CFO Conference Call Participants Peter Arment - Robert W. Baird & Co. Incorporated, Research DivisionJohn Godyn - Citigroup Inc., Research DivisionMichael Ciarmoli - Truist Securities, Inc., Research DivisionSheila Kahyaoglu - Jefferies LLC, Research DivisionMatthew Akers - BNP Paribas, Research DivisionKenneth Herbert - RBC Capital Markets, Research DivisionRobert Stallard - Vertical Research Partners, LLC Presentation Paul LutherVice President of Investor Relations Good morning, and welcome to the Howmet Aerospace 2026 Technology and Markets Day. I'm PT Luther, Vice President of Investor Relations. After today's presentation by our executive leadership team, we'll take some questions. Before we begin, I'd like to remind you that today's discussion will contain forward-looking statements relating to future events and expectations. You can find factors that could cause the company's actual results to differ materially from these projections listed in today's presentation and in our most recent SEC filings. In today's presentation, references to EBITDA, operating income and EPS, mean adjusted EBITDA, excluding special items, adjusted operating income, excluding special items, adjusted EPS, excluding special items. These measures are among the non-GAAP financial measures that we've included in our discussion. Reconciliations to the most directly comparable GAAP financial measures can be found in our most recent SEC filings. And with that, I'd like to turn the presentation over to John Plant, Executive Chairman and Chief Executive Officer. John PlantExecutive Chairman & CEO So good morning, everybody. Welcome

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