Stamford-based Hexcel Corp. plans to hire additional employees as aircraft production ramps up.
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Stamford-based Hexcel Corp., a manufacturer of advanced composite materials used in commercial and military aircraft, plans to hire additional employees as aircraft production ramps up.
The company disclosed the hiring plans Wednesday while reporting second-quarter earnings, saying stronger demand from commercial aerospace customers is prompting it to increase staffing and bring previously idle manufacturing assets back into service.
"With the commercial aerospace recovery taking hold and improving visibility to future rates, we are now adding headcount and accelerating the restart of previously idle assets," Chairman, President and CEO Tom Gentile said in prepared remarks.
Hexcel did not say how many employees it plans to hire or whether the additions will include jobs in Connecticut. The Hartford Business Journal has asked the company for additional details.
The company reported second-quarter net sales of $529.3 million, up 8% from the same period a year ago, while adjusted diluted earnings per share increased to 66 cents from 50 cents. It also raised its full-year guidance, projecting 2026 sales of between $2.025 billion and $2.125 billion.
Commercial aerospace sales rose 18.3% to $346.6 million in the quarter, driven by higher production of Airbus A350 and Boeing 787 widebody aircraft, as well as Boeing 737 MAX, Airbus A320neo and Airbus A220 aircraft. Defense, space and other sales declined 7.2%, largely reflecting the company's sale of an Austrian industrial business last year.
As of Dec. 31, 2025, Hexcel employed 5,563 full-time employees and contract workers worldwide, including 3,050 in the United States. Its advanced composite materials are used by commercial aerospace, defense and space manufacturers to reduce the weight of aircraft and spacecraft, improving fuel efficiency and performance.
