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With a market cap of $68.9 billion, Howmet Aerospace Inc. (HWM) provides advanced engineered solutions for the aerospace, defense, and commercial transportation industries worldwide, including in the U.S., Japan, China, and Europe. It operates through four segments: Engine Products, Fastening Systems, Engineered Structures, and Forged Wheels.
Companies worth more than $10 billion are generally labeled as “large-cap” stocks, and Howmet Aerospace fits this criterion perfectly. The company serves customers in the aircraft engine, industrial gas turbine, and heavy-duty vehicle markets.