Howmet Aerospace Inc. is set to acquire Consolidated Aerospace Manufacturing for approximately $1.8 billion, reinforcing its position in the aerospace fastening solutions sector.

Information on the Target

Howmet Aerospace Inc. has announced its intention to acquire Consolidated Aerospace Manufacturing, LLC (CAM) from Stanley Black & Decker, Inc. for approximately $1.8 billion. CAM is a prominent global designer and manufacturer specializing in precision fasteners, fluid fittings, and other complex products tailored for the demanding aerospace and defense sectors. With this acquisition, Howmet aims to enhance its portfolio of high-tech, mission-critical aerospace fastening solutions.

The acquisition, which is structured as an all-cash transaction, positions Howmet to deepen its engagement with key aerospace and defense platforms. CAM is expected to generate an estimated revenue of $485 to $495 million for the fiscal year 2026, with an adjusted EBITDA margin exceeding 20% prior to realizing associated synergies.

Industry Overview in the Target’s Specific Country

The aerospace and defense industry in the United States is one of the largest and most advanced globally, contributing significantly to the national economy. It encompasses a broad range of sectors including com