Howmet Aerospace Inc. officially split from Arconic to become an independent company trading on the New York Stock Exchange under the ticker “HWM.”
Tag "KLX"
November 08
21:19
2018
“Before acquiring KLX, Boeing was starting to invest in ways to be more integrated with customers’ parts stocking operations as a step to achieve this,” writes Lee Ann Shay of MRO-Network.com. “KLX already is doing that by being integrated in customers’ shop floors day to day through its bin stocking programs for OEMs, airlines and MRO.”
August 07
18:48
2018
If a deal is reached, Arconic would become the second major aerospace fastener supplier to be acquired in recent months.
May 24
23:40
2018
In May, Boeing agreed to acquire aerospace fastener supplier KLX’s Aerospace Solutions Group, for $4.25 billion. Just a few years ago, that could easily have been Wesco Aircraft.
May 21
11:19
2018
Aerospace segment gains “driven by an approximate double-digit percentage increase in both commercial aerospace manufacturing and aftermarket revenues.”
May 08
03:16
2018
“Our customers have long desired a supplier who could offer essentially 100 percent of their requirements for fasteners, consumables and expendables,” stated KLX CEO Amin Khoury.
April 27
14:02
2018
Boeing reportedly has competed against at least one private-equity firm to secure a deal with KLX - the former B/E Aerospace fastener division, the Wall Street Journal reports.
January 08
01:40
2018
Company has retained Goldman Sachs & Co. as financial advisor and Freshfields Bruckhaus Deringer US LLP as legal advisor to assist in its review.
December 06
16:02
2017
"ASG continued its market momentum with three new contract awards and market share gains valued at approximately $125 million in the aggregate."
March 07
14:05
2017
Gains were driven by the contribution of Herndon’s military aftermarket business and increased aircraft maintenance activity.
January 16
00:27
2017
The company said these new program awards represented “significant market share gains” and are initially valued at approximately $300 million in the aggregate.
December 09
00:01
2016
“Organic revenue growth from our commercial aerospace manufacturing and aftermarket customers were up... partially offset by a decline in sales to military manufacturing customers.”
August 30
23:29
2016
KLX - the former Consumables Management segment of B/E Aerospace - reported sales, primarily from fasteners, declined in 2015.
