Howmet Aerospace raised its 2025 profit forecast as the maker of fasteners and castings expects to pass on tariff costs amid strong demand from increased jet production.

Fastening Systems reported revenue rose 6% to $412 million due to growth in the commercial aerospace market, partially offset by declines in the commercial transportation market. Segment adjusted EBITDA climbed 38% to $127 million, while margin increased approximately 710 basis points to 30.8%.

“Margin progression within the Fastening Systems and Engineered Structures segments was particularly noteworthy,” stated Howmet CEO John Plant.

Consolidated revenue grew 6% to $1.94 billion, driven by a 9% increase in commercial aerospace.

Operating income margin increased to 25.4%, with net income improving 41% to $344 million.

Howmet has been booking $20 million to $30 million worth of additional orders, and has hundreds of parts yet to quote, after a major fire at the rival SPS Technologies factory in February hurt fastener supply, according to Plant.

“We’re going to hopefully have a slice of what remains," Plant said. "It’s pretty difficult to take all of that production and move it in-house, because nobody sits there with that capacity.”