Commercial Aerospace Growth

Revenue growth was driven mainly by commercial aerospace: sales in that segment climbed 15.7 % YoY, with Airbus A350 and Boeing 787 programs reporting their highest quarterly sales since before the pandemic. Chairman Tom Gentile attributed the lift to rising build rates at major customers and highlighted new long‑term agreements with Boeing, multiple supplier awards, and $500 million of incremental commercial sales. The company’s five‑year compounded annual growth rate remains 10.3 %, outpacing peers. In contrast, defense and space sales fell 7.7 % (down 7 % in other reports), a decline attributed to strategic portfolio pruning, including the divestiture of the Austrian industrial business and restructuring in Leicester, UK.