Bernstein Analysts Say Howmet Aerospace Faces Little Threat from SpaceX's In-House Turbine Blade Plans
Analysts at Bernstein believe that Howmet Aerospace (HWM) is unlikely to face significant competition from SpaceX’s plans to produce turbine blades in-house. Despite the space company’s move toward internal manufacturing, its reliance on Howmet for specialized components and the broader industrial gas turbine market dynamics are expected to remain stable. The assessment comes after online discussions about SpaceX's production capabilities raised questions about potential disruptions to suppliers like Howmet. However, Bernstein argues that the technical complexity of aerospace-grade parts will likely keep companies dependent on established manufacturers with proven expertise in high-performance materials and precision engineering.
Topics: aerospace industrial manufacturing supplier relationships