Search results for "Aerospace"

Applied Aerospace & Defense Raises $650M in Highly Sought-After IPO

Applied Aerospace & Defense, a Huntsville-based firm, successfully raised $650 million in an IPO that was ten times oversubscribed, pricing shares at $20. The offering underscores a strong investor shift towards defense hardware and solidifies the company's $3.4 billion market valuation. Trading begins Wednesday on the NYSE under AADX.