Aerospace · HXL

Hexcel (HXL) does not disclose its U.S. government share of revenue

What Hexcel's FY2025 annual report says, and what federal contract records show.

Compiled by C. Zakarian, PhDFiscal year FY2025 (ends Dec 2025)Data as of October 16, 2026

Summary

Hexcel does not report a company-wide share of revenue from the U.S. government. Its FY2025 annual report says: 10-K gives no company-wide U.S. government revenue share; reports a Defense, Space & Other market share that includes foreign military programs. New coverage: latest 10-K, picked by Claude Code; needs editor approval. Total revenue was $1.89B. We show the share as not disclosed rather than estimate it.

Not disclosedof FY2025 revenue from the U.S. government, as reported
Not disclosedU.S. government revenue, of $1.89B total
No matchfederal contract obligations, FFY2025
—obligations ÷ reported U.S. government revenue

Share of revenue over time

Hexcel does not disclose a company-wide U.S. government percentage, so there is no share history to chart.

Hexcel U.S. government share by fiscal year
Fiscal yearU.S. gov shareU.S. gov revenueTotal revenueSource
FY2025 not disclosed — $1.89B 10-K

What Hexcel counts as government revenue

Definition used
10-K gives no company-wide U.S. government revenue share; reports a Defense, Space & Other market share that includes foreign military programs
Foreign military sales
Not applicable
Subcontract work
Not stated
Adjusted ex-FMS share
—

“Approximately 39% of our 2025 sales were to the Defense, Space & Other market, of which approximately 88% were related to military programs in the United States and other countries.”

Hexcel, FY2025 Form 10-K · read the filing

New coverage: latest 10-K, picked by Claude Code; needs editor approval.

The contract record

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Recipients we matched to Hexcel

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Peers

Peer companies
CompanySectorU.S. gov shareTotal revenue
HXLHexcelAerospacenot disclosed$1.89B
MOG-AMoogAerospace38%$3.86B
HWMHowmet AerospaceAerospacenot disclosed$8.25B
TDGTransDigmAerospacenot disclosed$8.83B
TXTTextronAerospace27%$14.8B
ICFIICF InternationalGovernment services other sector, similar size43%$1.87B

Aerospace ranking · All companies

Sources

  1. Hexcel, FY2025 annual report (U.S. government share) (accessed October 16, 2026)
  2. SEC XBRL company facts for Hexcel (revenue history) (accessed October 16, 2026)
  3. Federal Exposure methodology