US stocks today: Applied Aerospace & Defense reveals 25% revenue jump in US IPO filing

Applied Aerospace & Defense, a government contractor backed by private equity, has filed for a U.S. IPO after seeing its revenue jump 24.8% to $498.8 million in 2025. Despite a net loss of $17 million, the company's strong growth and its role in supplying critical defense hardware are drawing attention.

May 9, 2026 - 00:00
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US stocks today: Applied Aerospace & Defense reveals 25% revenue jump in US IPO filing
Applied Aerospace & Defense, a government contractor backed by private equity, has filed for a U.S. IPO after seeing its revenue jump 24.8% to $498.8 million in 2025. Despite a net loss of $17 million, the company's strong growth and its role in supplying critical defense hardware are drawing attention.

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