UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549


                                    FORM 8-K


                                 CURRENT REPORT
     Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934


                       January 27, 2005 (January 25, 2005)
                       -----------------------------------
                Date of report (Date of earliest event reported)


                               HEXCEL CORPORATION
               --------------------------------------------------
               (Exact Name of Registrant as Specified in Charter)


        Delaware                 1-8472                   94-1109521
------------------------ --------------------- ---------------------------------
(State of Incorporation) (Commission File No.) (IRS Employer Identification No.)


                               Two Stamford Plaza
                              281 Tresser Boulevard
                        Stamford, Connecticut 06901-3238
              -----------------------------------------------------
              (Address of Principal Executive Offices and Zip Code)


                                 (203) 969-0666
              ----------------------------------------------------
              (Registrant's telephone number, including area code)


                                       N/A
           ------------------------------------------------------------
          (Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):

[   ] Written Communication pursuant to Rule 425 under the Securities Act (17
    CFR 230.425)

[   ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
    240.14a-12)

[   ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
    Exchange Act (17 CFR 240.14d-2(b))

[   ] Pre-commencement communications pursuant to Rule 13e-4(c) under the
    Exchange Act (17 CFR 240.13e-4(c))





Section 2 - Financial Information

Item 2.02   Results of Operation and Financial Condition

          On January 25, 2005, Hexcel Corporation, a Delaware corporation (the
          "Company"), issued a press release in which the Company announced its
          financial results for its fiscal quarter and year ended December 31,
          2004. A copy of this earnings press release is being furnished as
          Exhibit 99.1 and is incorporated herein by reference.

Section 7 - Regulation FD

Item 7.01   Regulation FD Disclosure

          The information contained in Item 2.02 of this report is incorporated
by reference into this Item 7.01.

Section 9 - Financial Statements and Exhibits

                  Item 9.01 Financial Statements and Exhibits.

       (c)  Exhibits

         99.1 Press Release issued by the Company on January 25, 2005.

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                                    Signature

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended,
the Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.


                                   HEXCEL CORPORATION         
                                                              
January 27, 2005
                                   /s/ William J. Fazio       
                                   ------------------------   
                                   William J. Fazio           
                                   Corporate Controller and   
                                   Chief Accounting Officer   
                                   


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                                  Exhibit Index



Exhibit No.                Description
-----------                -----------
99.1                       Press Release issued by the Company
                           on January 25, 2005.


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