Regional, Business & General Aviation

Source: Adobe Stock


FI INSIGHT: HOWMET’S $1.8B CAM DEAL TARGETS THE AEROSPACE SUPPLY CHAIN’S PRESSURE POINTS
Tuesday, December 23, 2025

Source: Adobe Stock


PITTSBURGH -- Howmet Aerospace is making a big bet on the nuts and bolts of aerospace manufacturing. The company has agreed to acquire Consolidated Aerospace Manufacturing, or CAM, in an all-cash deal valued at roughly $1.8 billion, buying the business from Stanley Black & Decker.

CAM is not a household name, but its hardware is everywhere across modern aircraft and defense platforms. The company designs and manufactures precision fasteners, fluid fittings, latches, and other highly engineered components that are essential to keeping aircraft structures, engines, and systems together under extreme conditions. Its portfolio includes well-known aerospace brands such as Bristol Industries, 3V Fasteners, Moeller, Aerofit, Voss Industries, QRP, E.A. Patten, and Prikos & Becker.

In commercial aviation, CAM supplies high-strength fasteners, specialized latches, and ducting components used on major Boeing programs, including the 737 MAX and 787 Dreamliner. It is also a key supplier to Airbus, providing mission-critical latches and fluid fittings for the A320neo family, as well as widebody platforms such as the A350 and A330. Beyond large commercial jets, CAM hardware appears on aircraft produced by regional and business jet manufacturers, including Bombardier and Embraer.

The defense side of the business is equally broad. CAM components are integrated into frontline fighter aircraft such as the F-35 Lightning II, the F-15 Eagle, and the F/A-18 Super Hornet, where reliability under heat, vibration, and combat stress is non-negotiable. The company also supplies airframe hardware for heavy transport and tanker aircraft, including the C-17 Globemaster III and the KC-46, and produces components for military helicopters built by Bell and Sikorsky.

CAM’s reach extends into propulsion as well. The company provides tubular assemblies and fittings used in major engine programs, including GE Aerospace’s GEnx and LEAP engines, Pratt & Whitney’s Geared Turbofan, and Rolls-Royce’s Trent family. It also supports space and strategic systems markets, supplying fluid distribution systems and high-pressure fittings for commercial launch vehicles and missile defense applications.

Financially, Howmet expects CAM to generate between $485 million and $495 million in revenue in fiscal year 2026, with adjusted EBITDA margins exceeding 20% before synergies. Factoring in cost synergies and tax benefits, Howmet estimates the transaction values CAM at roughly 13 times adjusted EBITDA.

Expected to close in the first half of 2026, the deal underscores accelerating consolidation in the aerospace supply chain, particularly in the high-margin world of precision fasteners and fluid systems. For Howmet, absorbing CAM strengthens its position as a Tier 1 supplier to both commercial and defense primes. By bringing these specialized brands in-house, Howmet Aerospace increases its content per aircraft on nearly every major commercial and military platform in production. As aircraft production rates climb and defense spending remains elevated, owning these specialized, difficult-to-replace components could translate into greater pricing power, improved resilience, and increased strategic leverage with the industry’s largest customers.

 
Airbus A320neo

Airbus A320neo

Source: Airbus


AIRBUS DELIVERED ABOUT 30 JETS IN FIRST-HALF DECEMBER, SOURCES SAY
Monday, December 15, 2025
Airbus A320neo

Airbus A320neo

Source: Airbus


TOULOUSE - Airbus has delivered about 30 commercial jets in the first half of December, according to people familiar with the matter.

This is is slower than a typical December delivery pace. The slower run rate comes as some airlines defer accepting aircraft pending clarification on how the manufacturer will address a recent fuselage issue. To hit its revised full-year delivery goal of roughly 790 aircraft, Airbus now needs to deliver over 100 more jets in the second half of the month, a target analysts say could be difficult given current figures. Airbus has not commented on the mid-month delivery data.

 

Source: Airbus


FAA MANDATES DUST-RELATED INSPECTIONS TO LEAP-1A ENGINES OPERATING IN SOUTH ASIA
Saturday, December 12, 2015

Source: Airbus


WASHINGTON, D.C. - The Federal Aviation Administration (FAA) has issued a new airworthiness directive expanding inspection requirements for CFM International Leap-1A engines to include those operating in South Asia. This regulatory action responds to data indicating that these engines, which power Airbus A320neo jets, suffer from the same dust-induced turbine blade cracks and accelerated deterioration previously identified in Middle Eastern operations. Effective in 16 days, the order mandates specific borescope inspections for high-pressure turbine blades; however, the FAA notes that no US-registered aircraft are currently affected by this directive.

CFM International characterizes the situation as a known issue, stating that operators have already been complying with previously issued service bulletins to prevent operational disruptions. The problem arises from the engine's high-efficiency design, which runs at higher temperatures and pressures, making internal components more vulnerable to distress in dusty environments. To mitigate these failures, CFM has developed a durability kit featuring redesigned components, with approximately one-third of the global Leap-1A fleet already updated with the new configuration.

 

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