Howmet Aerospace Inc. has been given a neutral rating by UBS, emphasizing its role as a significant provider of advanced engineering solutions in the aerospace and transportation sectors.

The company operates through four main segments:

• The Engine Products segment focuses on manufacturing components for aircraft engines and industrial gas turbines using advanced designs and technologies.
• The Fastening Systems segment specializes in producing fastening systems and installation tools for aerospace and commercial transportation applications.
• The Engineered Structures segment is vertically integrated, producing titanium ingots and rolled products for aerospace and defense, as well as titanium forgings and machining services for critical components.
• Lastly, the Forged Wheels segment manufactures forged aluminum wheels for the global commercial transportation market, serving trucks, buses, and trailers.