Applied Aerospace & Defense, Inc. Prices Initial Public Offering
The space and defense manufacturer sold 32.5 million shares and granted underwriters a 30-day option for up to 4.875 million more.
- On Tuesday, Applied Aerospace & Defense announced the pricing of its initial public offering at $20 per share. Shares begin trading today on the New York Stock Exchange under the ticker symbol "AADX."
- Huntsville, Ala.-based Applied produces mission-critical systems for Space and Launch Systems, Defense Aviation and Airborne Systems, and C5ISR and Precision Strike Systems. The company combines material science expertise with rapid prototyping capabilities to scale production.
- Morgan Stanley and Jefferies LLC are serving as lead book-running managers for the offering. BofA Securities, RBC Capital Markets, Guggenheim Securities, Baird, Stifel, Wolfe, Nomura Alliance, and Academy Securities provide additional support.
- Applied granted underwriters a 30-day option to purchase up to 4,875,000 additional shares at the initial offering price. The offering is expected to close on June 4, 2026, subject to customary closing conditions.
- The registration statement on Form S-1 was declared effective by the SEC on June 2, 2026. Forward-looking statements regarding business and operations involve risks and uncertainties difficult to predict.
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Applied Aerospace & Defense, Inc. Prices Initial Public Offering
HUNTSVILLE, Ala., June 2, 2026 /PRNewswire/ -- Applied Aerospace & Defense, Inc., an advanced manufacturer of mission critical systems for space and defense ("Applied" or "we"), today announced the pricing of its initial public offering of 32,500,000 shares of its…
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Greenbriar-backed Applied Aerospace & Defense raises $650m in US IPO debut
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