Applied Aerospace & Defense, Inc. (Ticker: AADX US) is an American aerospace and defense manufacturing company providing design, engineering and vertically integrated manufacturing services for mission-critical subsystems. The company serves three core markets: space and launch systems, defense aviation and airborne systems, and C5ISR and precision strike systems.

Applied Aerospace & Defense plans to list on the NYSE on June 3, 2026, offering 32.5 million shares at $18.00 to $21.00 per share, raising approximately $634 million at the midpoint. The company is incorporated in Delaware and has an estimated market capitalization of approximately $3.3 billion.

The company was created in December 2025 through the merger of PCX Aerosystems, whose roots date to 1900, and Applied Aerospace, founded in 1954. According to the prospectus, Applied Aerospace & Defense supplies highly engineered systems for leading and next-generation space and defense technology companies, with sole- or single-source positions representing about 87% of revenue for the fiscal year ended December 31, 2025. Morgan Stanley, Jefferies, BofA Securities, RBC Capital Markets, Guggenheim Securities, Baird, Stifel, WR Securities and Nomura Securities are joint bookrunners.