The Aftermarket Advantage: A Tale of Resilience in Turbulent Times As market volatility has left many investors reassessing their strategies, the commercial aerospace industry stands out as a beacon of resilience.
Barometer Capital Management's second quarter 2026 investor letter highlights Howmet Aerospace Inc. 's (NYSE:HWM) impressive performance, driven by the robust aftermarket for engine parts.
At first glance, it may seem counterintuitive that an industry tied to government contracts and defense spending would thrive in a period marked by rising inflation concerns and policy uncertainty.