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Applied Aerospace & Defense Raises $650 Million In NYSE Debut

Bluesky Social Huntsville 15h2h Impact 3
Applied Aerospace & Defense priced its initial public offering at $20 per share, raising $650 million to reduce debt. The Huntsville-based firm focuses on space and defense systems. It reported $522 million in revenue and a $24.8 million net loss.

Topics

IPO aerospace defense

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Sources · 7 independent

Bluesky Social

“Applied Aerospace & Defense priced its IPO at $20/share, raising $650M to reduce debt. The Huntsville firm focuses on space and defense systems with $522M revenue and $24.8M net loss.”

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