Aerospace firms scour contracts over tariffs after supplier challenge

Strengthening the Aerospace and Defense industrial supply chain

Matt Magaña, president, Defense & National Security, Voyager Technologies explains how we must reshape the Aerospace and Defense industrial supply chain to make it stronger, smarter and more resilient.

Exclusive: Pittsburgh Aircraft supplier Howmet may halt orders if hit by Trump tariffs, letter says

The US aerospace company Howmet Aerospace, a key provider of Airbus and Boeing, declared the mechanism of “force majeure” in the face of new tariffs by the Donald Trump administration, a measure that threatens the interruption of supplies. The manufacturer, based in Pittsburgh, Pennsylvania, set a precedent in the history of this sector by making use of the legal assumption that exempts from liability the breach of an obligation by “an inevitabl…

In the aviation industry, the dispute begins about who has to bear the additional costs through the new US tariffs. Manufacturers and their suppliers and airlines argue with the manufacturers. Maintenance is also significantly more expensive.

Tariffs May Make Airplane Production More Expensive – Here's What To Know

Due to tariffs recently announced by the Trump administration, costs in aerospace manufacturing — including airplane production — could increase. According to CNBC News, the United States’ tariffs could jack up the price of aerospace products, for which the country is a leading exporter. In early April, Trump set a 10% import tax on America’s trading partners, with some countries facing up to 50%. Regarding how the tariffs will impact the aerosp…

Force Majeure – Humble Student of the Markets

Just a quick update in a day with a fast moving market. Trump’s tariffs are eliciting a reaction among key supporters and the real economy. Pittsburgh based Howmet Aerospace, a key supplier to Airbus and Boeing, declared force majeure on its contracts owing to the new tariff regime. Force majeure is a legal practice allows […] To access this post, you must purchase Monthly subscription.