Howmet Aerospace Pursues Growth with $1.8 Billion Acquisition of Consolidated Aerospace Manufacturing

### Howmet Aerospace Expands Strategic Growth with Proposed Acquisition

Howmet Aerospace Inc., a prominent player in the aerospace and transportation industries, takes significant steps to bolster its market position through strategic acquisitions. The company has announced its intention to acquire Consolidated Aerospace Manufacturing (CAM) from Stanley Black & Decker for approximately $1.8 billion. This move reflects Howmet's commitment to enhancing its offerings in advanced engineered solutions, particularly in the aerospace sector, where efficiency and innovation are paramount. By integrating CAM's capabilities, Howmet aims to strengthen its product portfolio, which includes essential components for jet engines and airframe structures crucial for performance in aerospace and defense applications.

This acquisition is poised to complement Howmet's existing operations, which are underpinned by a robust portfolio of approximately 1,170 granted and pending patents. The company focuses on manufacturing technologies that enable lighter, more fuel-efficient aircraft and commercial trucks, thereby facilitating a lower carbon footprint. As environmental considerations become increasingly critical in the aerospace industry, Howmet's innovative solutions are positioned to meet the growing demand for sustainable practices. The integration of CAM is expected to enhance Howmet's technological advancements and drive further efficiencies in production processes.

In addition to its acquisition efforts, Howmet Aerospace maintains a strong financial foundation, as evidenced by its recent announcement of a 12-cent dividend per share on its outstanding Common Stock. This dividend is to be paid on February 25, 2026, to shareholders on record as of February 6, 2026. This financial strategy not only reflects Howmet's commitment to shareholder value but also underscores its confidence in the company's ongoing growth trajectory and operational stability. Stakeholders are encouraged to keep abreast of future developments and financial performance updates through Howmet's official website.

Howmet Aerospace is set to announce its fourth quarter and full-year financial results for 2025 on February 12, 2026. This forthcoming announcement will provide further insight into the company's operational achievements and strategic directions. As Howmet continues to align its business strategies with industry demands, the acquisition of CAM represents a pivotal moment in its journey towards becoming a more integrated and innovative leader in aerospace manufacturing.