Kennametal manufactures metal cutting tools and wear-resistant components used in industrial manufacturing and resource extraction. The company operates two segments: Metal Cutting and Infrastructure. Metal Cutting provides inserts, drills, and milling systems for the aerospace, defense, transportation, and energy sectors. Infrastructure produces engineered tungsten carbide and ceramic components for harsh environments, such as earth-cutting tools for mining, road milling, and oil and gas drilling. Kennametal sells these products through a direct sales force, distributors, and digital channels. Application engineers are integral to the sales process, visiting customer facilities to diagnose challenges and design customized tooling solutions. The business model focuses on selling consumable products that require frequent replacement, creating recurring revenue tied to industrial production cycles. Kennametal is vertically integrated, processing raw tungsten ore into finished products internally to manage costs and supply chain reliability. This integration is a key differentiator as tungsten is the primary raw material for almost all company products. Kennametal’s strategy targets market share gains in aerospace and defense while executing a multi-year restructuring program to consolidate its manufacturing footprint. The company also develops digital machining solutions and AI-assisted optimization tools.