What was the IPO price per share?

The IPO price was $20 per share.

Where are the company's shares listed?

The shares are listed on the New York Stock Exchange (NYSE).

What sector does Applied Aerospace & Defense operate in?

The company manufactures components for the space and defense sectors.

Applied Aerospace & Defense IPO Raises $650M on NYSE

Applied Aerospace & Defense completed its IPO on the NYSE, raising $650 million by selling 32.5 million shares at $20 each, within its marketed range.

June 4, 2026

2 min read

Source: Quartz

Key Numbers

shares offered

32.5 million

ipo price

$20

total raised

$650 million

Applied Aerospace & Defense, a Huntsville, Alabama-based space and defense manufacturer, has completed its initial public offering (IPO) on the New York Stock Exchange (NYSE), raising $650 million. The company sold 32.5 million shares at $20 each, within its previously marketed range.

Offering Details

The IPO was priced at $20 per share, the top end of the marketed range. The company specializes in manufacturing components for space and defense applications and plans to use the proceeds to fund growth and expand operations.

Context

The offering comes amid heightened investor interest in the space and defense sectors, driven by rising global defense spending. Major players like Boeing (BA) and GE Aerospace (GE) dominate the industry, but Applied Aerospace & Defense focuses on niche components and contracts.

What It Means for Investors

This IPO offers investors exposure to the space and defense sector through a specialized company. However, investors should consider the risks associated with IPOs, including market volatility and uncertainty about the company's post-listing performance.

Frequently Asked Questions

The company raised $650 million in its initial public offering.

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This article was rewritten in Wrqti's editorial style based on information from the original source above. Content is informational only — not investment advice.