Despite OEM Rate Cuts, Howmet Still Expects Price Increases In New LTAs

Credit: Howmet Aerospace
Howmet Aerospace, one of the few providers of aerospace forgings, castings and other key aircraft ingredients, still expects to leverage price gains out of embattled aviation OEMs in new long-term agreements (LTAs) even as COVID-19 upends commercial air travel nearer term. Howmet, the new Tier 1...
Michael Bruno

Based in Washington, Michael Bruno is Aviation Week Network’s Executive Editor for Business. He oversees coverage of aviation, aerospace and defense businesses, supply chains and related issues.

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