Howmet Aerospace is set to enhance its aerospace portfolio with the $1.8 billion acquisition of Consolidated Aerospace Manufacturing, aiming for significant revenue growth and improved operational efficiencies.

Target Company Overview

On December 22, 2025, Howmet Aerospace, a notable player in the aerospace sector, announced its intention to acquire Consolidated Aerospace Manufacturing (CAM) from Stanley Black & Decker for $1.8 billion in cash. This strategic move is positioned to significantly enhance Howmet's operational landscape and increase its revenue capabilities. The acquisition is expected to contribute approximately $500 million to Howmet's fiscal year 2026 revenue, while also aiming to elevate EBITDA margins beyond 20% prior to accounting for synergies.

CAM is recognized for its specialized fasteners, fittings, and precision components that cater to both original equipment (OE) and aftermarket services in the aerospace industry. With its existing product lineup closely aligned with Howmet's offerings, CAM presents an attractive integration opportunity that is poised to bolster Howmet’s market presence and efficiency.

Industry Overview

The aerospace industry has witnessed a robust recovery, with increasing demand for commercial aircraft spares. Notably, Howmet has experienced a 15% growth in its commercial aerospace revenue, with engine p