Howmet CEO Says Parts Orders Directly From Boeing Show Some Trimming, Continue To Be At Levels Above The Actual 737 & 787 Build Rates
Portfolio Pulse from Benzinga Newsdesk
Howmet CEO reports that parts orders from Boeing are slightly trimmed but remain above the actual build rates for the 737 and 787 models.
July 30, 2024 | 2:27 pm
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NEUTRAL IMPACT
Boeing's parts orders from Howmet have been slightly trimmed but are still above the actual build rates for the 737 and 787 models.
The slight trimming in parts orders may indicate a minor adjustment in production plans, but the fact that orders remain above build rates suggests continued strong demand.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEUTRAL IMPACT
Howmet's parts orders from Boeing have been slightly trimmed but remain above the actual build rates for the 737 and 787 models.
The slight trimming in orders may have a minor impact on Howmet's short-term revenue, but the overall order levels remaining high is a positive sign.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80