Reuters
03 Jun 2026, 01:04 UTC · 2h ago
Applied Aerospace & Defense raises $650 million in US IPO, Bloomberg News reports

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Reuters
03 Jun 2026, 01:04 UTC · 2h ago

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Applied Aerospace & Defense has raised $650 million through its U.S. initial public offering. — A successful mid-sized IPO indicates healthy appetite for defense contractors and provides the company with significant growth capital.
+0.40The company priced its IPO shares at $20 each. — Pricing establishes the baseline valuation for the stock but is a standard procedural detail of an IPO.
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3h ago