Applied Aerospace & Defense prices IPO at $20 per share
The offering of 32.5 million shares will start trading on NYSE under AADX on June 3, 2026; Morgan Stanley and Jefferies lead.
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Designer and manufacturer of aerospace and defense technology
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In short: Applied Aerospace & Defense raised $650 million in its NYSE IPO and expanded its capabilities through strategic space-sector acquisitions.
The offering of 32.5 million shares will start trading on NYSE under AADX on June 3, 2026; Morgan Stanley and Jefferies lead.
The company will offer 32.5 million shares at an anticipated $18 to $21 per share on the NYSE under AADX. Proceeds will repay debt and fund general corporate purposes.
The California-based supplier of honeycomb core materials strengthens Applied's supply chain for space and defense systems. The deal supports production capacity and speed.
Vestigo's Spinnaker drag sails deorbit satellites and launch vehicle components in low Earth orbit, aiding compliance with FCC and FAA regulations. Founder Dr. David Spencer joins as VP.
AA&D Holdings distributed 11,456,787 Applied Aerospace & Defense shares pro rata to limited partners with no consideration; all shares, including those distributed, remain subject to...
June 3 (Reuters) - Applied Aerospace & Defense achieved a valuation of $3.54 billion after its shares opened 3.8% above the offer price in their...
Government contractor Applied Aerospace & Defense unveiled a targeted $634 million initial public offering steered by Kirkland & Ellis LLP and Davis Polk & Wardwell...
Applied Aerospace & Defense achieved a valuation of $3.54 billion after its shares opened 3.8% above the offer price in their market debut on Wednesday...
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