New Howmet Aerospace Shelves Dividend, Cutting Costs Due To Virus

HowmetAerospace
Credit: Howmet Aerospace
Howmet Aerospace, formerly the aviation and defense-focused assets under the Arconic brand, said April 6 it will work to save about $100 million in costs as its OEM customers halt production of large commercial aircraft due to COVID-19 fallout. Pittsburgh-based Howmet, which began operations April 1...

Subscription Required

 

New Howmet Aerospace Shelves Dividend, Cutting Costs Due To Virus is published in Aerospace Daily & Defense Report, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.

Already a member of AWIN or subscribe to Aerospace Daily & Defense Report through your company? Login with your existing email and password.

Not a member?  Learn how you can access the market intelligence and data you need to stay abreast of what's happening in the aerospace and defense community.