Howmet Aerospace is experiencing exceptional financial performance, with its stock surging 84.7% year-to-date and 75.8% over the past year. This strong momentum is driven by significant expansion in its aerospace components portfolio and major new contract wins. The company is benefiting from surging commercial aftermarket demand and steady defense sector growth. Defense sales are particularly strong, fueled by increased demand for F-35 and legacy fighter programs, with new military funding providing additional momentum for continued growth.