Applied Aerospace & Defense Inc

AADX

Market cap $2.95B

HUNTSVILLE, Ala.--(BUSINESS WIRE)--Applied Aerospace & Defense, Inc. (“Applied” or the “Company”), a premier provider of advanced manufacturing solutions for mission-critical space and defense applications, announced it will report second quarter financial results for the quarter ended on June 30, 2026, on Wednesday, August 12, 2026, before the market opens. Management will also host a conference call at 8:30 a.m. ET on Wednesday, August 12, 2026, to review the second quarter results. Parti.

Applied Aerospace & Defense is rated a buy due to its mission-critical content, long customer relationships, and sole/single-source positions supporting pricing power. AADX's $1.06 billion backlog and $3.8 billion weighted pipeline provide strong visibility into future growth, with significant exposure to expanding defense and space markets. Approximately 87% of AADX revenue is from sole- or single-source contracts, and 33% is tied to aftermarket and sustainment, supporting recurring revenue streams.

Applied Aerospace & Defense Inc. (NYSE:AADX) drew a bullish initiation from BofA Securities, for which analyst Ronald J. Epstein launched coverage with a Buy rating and a $24 price target.

Wall Street has launched coverage of Applied Aerospace & Defense with mostly Buy ratings.

Applied Aerospace & Defense trades at a demanding valuation post-IPO, with shares modestly below the $20 offer price. AADX's organic growth trajectory is unclear due to a rapid and fluid M&A history, complicating assessment of true underlying performance. Pro forma financials show 2025 revenues of $604 million, adjusted operating income of $99 million, and manageable leverage at 2.5x EBITDA post-IPO.