Howmet Aerospace (HWM) Is Facing New Competition In Gas Turbine Blade Casting

Howmet Aerospace (NYSE:HWM) faces new direct competition as SpaceX begins casting gas turbine blades in house. SpaceX is shifting from customer to rival in a key industrial process that underpins Howmet Aerospace’s core casting business. The move introduces a well funded and technically capable competitor into a specialized market that has historically relied on external suppliers. Investors are assessing how this change in supplier and customer relationships could affect Howmet’s future...