Applied Aerospace & Defense appoints Elizabeth Robertson to lead growth
She joins from Leidos to direct enterprise expansion, new program capture, and strategic partnerships across space, defense aviation, and precision strike markets.
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Aerospace and defense engineering and advanced manufacturing company
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In short: Applied Aerospace & Defense priced its IPO at $20 and debuted at a $3.54 billion valuation
She joins from Leidos to direct enterprise expansion, new program capture, and strategic partnerships across space, defense aviation, and precision strike markets.
Revenue grew 47.4% to $167.3M, adjusted EBITDA up 38.5% to $36.4M, backlog over $1.1B.
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.
SpaceX supplier Applied Aerospace & Defense reports a surprise second-quarter loss but revenue tops...
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...
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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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