PWR Is Investing Ahead of a Step-Up in Aerospace and Defense Work

PWR Holdings is poised for further growth in advanced cooling. We expect the company's strong earnings growth to continue, principally driven by its competitively privileged position in high-performance automotive cooling. PWR's narrow economic moat is underpinned by the significant brand equity, intellectual property, and entrenched customer relationships it enjoys in this niche market. The company has a presence across practically all major motorsport competitions—notably Formula One, where PWR supplies every car on the grid. These competitive advantages also allow PWR to command top-tier aftermarket pricing and position itself as a trusted supplier for high-performance, low-volume production of supercars and hypercars with vehicle manufacturers.