Carpenter Technology announces GICS Aerospace & Defense sector reclassification

Carpenter Technology Corporation (NYSE: CRS) today confirmed that its Global Industry Classification Standard (GICS) designation, as determined by MSCI Inc. and S&P Dow Jones Indices, has been reclassified to 20101010 – Aerospace & Defense, effective September 30, 2025.

“While we remain focused on the execution of our strategy to drive long-term value, we believe this update will enhance our visibility with sector-focused investors and support a valuation that better reflects our earnings power and growth trajectory,” said Tony Thene, President and Chief Executive Officer.

Carpenter Technology is a critical provider of advanced alloy solutions for a broad range of applications across commercial aerospace and defense. The reclassification in GICS designation reflects the company’s strategic position and sustained revenue concentration in the Aerospace and Defense markets.