{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-25-123518","form_type":"8-K","ticker":"HWM","cik":"0000004281","company_name":"Howmet Aerospace Inc.","filed_at":"2025-12-22T23:59:59+00:00","discovered_at":"2026-05-14T18:02:41.790579+00:00","generated_at":"2026-05-16T12:29:31.556265+00:00","sec_items":["7.01","8.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Howmet Aerospace to acquire Consolidated Aerospace from Stanley Black & Decker for ~$1.8B","bullets":["All-cash purchase price of approximately $1.8 billion; expected close in first half of 2026.","CAM is a leading global designer and manufacturer of precision fasteners and fluid fittings for aerospace and defense.","Howmet expects CAM to generate FY2026 revenue of ~$485-495M, with adjusted EBITDA margin >20% before synergies.","Synergies and favorable tax treatment expected to yield ~13x adjusted EBITDA transaction multiple for FY2026.","Executive Chairman and CEO John C. Plant says acquisition builds out differentiated fastener portfolio."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-25-123518","json":"https://secwatch.observer/filing/0001104659-25-123518.json","markdown":"https://secwatch.observer/filing/0001104659-25-123518.md","text":"https://secwatch.observer/filing/0001104659-25-123518.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/4281/000110465925123518/0001104659-25-123518-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/4281/000110465925123518/tm2534069d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T12:29:31.556265+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}