Howmet Aerospace has inked a deal to buy Consolidated Aerospace Manufacturing (CAM), a global leading fastener and fitting manufacturer, from Stanley Black & Decker for roughly US$1.8 billion in cash.

This acquisition adds custom fasteners and fluid fittings to Howmet’s existing product lines for the aerospace and defense sectors. The company expects CAM will bring in US$485 to US$495 million in revenue for the 2026 fiscal year, aided by federal tax benefits.

Executive Chairman and CEO John C. Plant said that integrating CAM’s established brands allows the firm to provide a wider range of critical solutions to defense and aviation clients.

Pending regulatory approval, the parties expect to finish the transaction during the first half of 2026.