Applied Aerospace & Defense
Applied Aerospace & Defense Inc. is a Huntsville, Alabama-based space and defense hardware manufacturer—formed by Greenbriar Equity Group's combination of Applied Aerospace and PCX Aerosystems—that builds complex components such as fuselage, flight control surfaces, solid rocket motor cases, and engine shafts for three core markets: Space & Launch Systems, Defense Aviation & Airborne Systems, and C5ISR & Precision Strike Systems. Approximately 83% of its revenue derives from U.S. government contracts, and the company filed for an IPO targeting up to $682.5 million in proceeds at a ~$3.6 billion market valuation.
“Applied Aerospace & Defense...Raised $650M in IPO at ~$3.4B market cap; backed by Greenbriar”
Source→“Seeking to raise up to $682.5 million in a US IPO at a valuation of about $3.6 billion.”
Source→AI-extracted from podcast / newsletter / paper summaries. May contain errors.