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StocksMediumUpdated•Originally published 6 April 2026•Updated 6 April 2026•

1 min read

Stanley Black & Decker Completes $1.8B Sale of Aerospace Unit to Howmet

A Boeing 737 MAX airplane flying over a US flag map. Two other planes are in a factory below, with parts and tools in the foreground.

Key Facts

1Stanley Black & Decker completed the sale of its Consolidated Aerospace Manufacturing (CAM) business to Howmet Aerospace.

about 2 months ago

Version History

1 additional source confirmed this story

Version 1about 2 months ago

What changed: Updated to specify net proceeds of $1.57 billion and clarify that the company will use the funds for debt reduction.

Stanley Black & Decker (SWK) has successfully finalized the divestiture of its Consolidated Aerospace Manufacturing (CAM) business to Howmet Aerospace (HWM) for $1.8 billion. The company confirmed that net proceeds from the transaction amount to approximately $1.57 billion after accounting for taxes and fees. Stanley Black & Decker plans to utilize these funds primarily to reduce its outstanding debt, strengthening its overall financial position. This move is part of a broader strategy to streamline operations and focus more effectively on core business segments. By prioritizing debt reduction, the company aims to enhance its financial flexibility and drive long-term shareholder value. Meanwhile, the acquisition allows Howmet Aerospace to further expand its specialized footprint within the global aerospace manufacturing industry.