Applied Aerospace & Defense (AADX) stock price is $8.38, down 3.23% on the day, as of Nov 13, 2026. It has a market cap of $1.44Bn, and is classified in the Defense industry (Industrials sector).
Enterprise Value
Margins
P/FCF
Key Stats
Market Cap1.44 Bn
P/E-9.88
FCF (Yr)-11.51 Mn
ROA (Yr)-1.77
EV to EBIT-21.17
Net Income (Yr)-17.02 Mn
Enterprise Value1.38 Bn
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About
Applied Aerospace & Defense, Inc. provides advanced design, engineering, and vertically integrated manufacturing solutions for mission-critical space and defense systems. The company builds complex, mission-critical subsystems for extreme operating environments serving three core markets: Space and Launch Systems, Defense Aviation and Airborne Systems, and C5ISR and Precision Strike Systems. With decades of space and defense manufacturing heritage, it combines material…
Applied Aerospace & Defense, Inc. provides advanced design, engineering, and vertically integrated manufacturing solutions for mission-critical space and defense systems. The company builds complex, mission-critical subsystems for extreme operating environments serving three core markets: Space and Launch Systems, Defense Aviation and Airborne Systems, and C5ISR and Precision Strike Systems. With decades of space and defense manufacturing heritage, it combines material science and IP-enabled process expertise with rapid prototyping, new product development, and scalable production across its nationwide network of facilities.
Applied Aerospace & Defense, Inc. generates revenue through the design, engineering, and production of mission-critical subsystems and assemblies for space and defense platforms. Its primary products include reusable landing systems for launch vehicles, control surfaces for fixed-wing aircraft, solid rocket motor cases for missile platforms, and various sensing and command-and-control systems. The company serves leading and next-generation space and defense technology companies, including blue-chip aerospace and defense prime contractors, relying on long-term relationships and sole-source positions for approximately 87% of its revenue.
The company operates through the following segments: Space and Launch Systems, Defense Aviation and Airborne Systems, and C5ISR and Precision Strike Systems.
Space and Launch Systems: This segment provides launch and payload deployment systems, spacecraft mission assemblies, spacecraft communications, sensing, and RF systems, and spacecraft power, thermal management, deployable, and deorbit systems. Example subsystems include bus and payload assemblies, solar array assemblies, sunshade assemblies, solar sails, deorbit systems, radar and communications antennas, and reusable landing systems. The segment supports satellites, launch vehicles, and related space architectures across commercial, civil, and national security platforms.
Defense Aviation and Airborne Systems: This segment delivers flight control systems, landing gear systems, refueling and fuel tank systems, and power transmission and engine systems for manned and uncrewed fixed-wing aircraft and rotorcraft. Example subsystems and assemblies include flight control surfaces, fuselage assemblies, internal and external fuel tanks, landing gear and arrestor hook assemblies, rotor hub assemblies, power transmissions, engine shafts, and ISR sensor mounts. The segment sustains enduring platforms and supports next-generation vertical lift and autonomous aircraft programs.
C5ISR and Precision Strike Systems: This segment offers networked sensing, communications, and RF systems, RF testing capabilities, missile bodies and launch subsystems, and propulsion and survivability solutions for sensing and command-and-control, layered missile defense, and precision strike applications. Example subsystems and assemblies include radomes, electronic and ballistic enclosures, ISR sensor mounts, missile body and launch assemblies, and solid rocket motor cases. The segment serves ground, airborne, maritime, and space-based platforms requiring advanced situational awareness and strike capabilities.
Applied Aerospace & Defense, Inc. occupies a differentiated position as one of few manufacturers capable of delivering integrated, flight- and mission-critical subsystems at scale across space and defense end markets. The company holds sole- or single-source contract positions representing approximately 87% of its revenue, reflecting deep integration into platform architectures and decades of proven performance. Its competitive advantages stem from IP-enabled, vertically integrated processes, long-standing customer relationships averaging 39 years, and specialized manufacturing capabilities such as flow forming, complex composite tube fabrication, and RF-transparent composite production.
Applied Aerospace & Defense, Inc. serves leading and next-generation space and defense technology companies, including blue-chip aerospace and defense prime contractors and innovative technology firms. The company maintains decades-long relationships with customers who rely on its highly-engineered systems for critical platforms such as reusable launch vehicles, next-generation fighter aircraft, and precision strike systems. While specific customer names are not disclosed, the customer base includes major participants in the U. S. and allied industrial base engaged in space exploration, defense aviation, and missile defense programs.
Sector:IndustrialsSector rationaleThe company designs and manufactures mission-critical hardware and subsystems for the aerospace and defense industries, including reusable landing systems, flight control surfaces, and solid rocket motor cases. These activities fall directly under the 'Commercial Aerospace', 'Defense', and 'Space' industries within the Industrials sector.Industries:DefenseDefensePrimaryThe company manufactures mission-critical subsystems for defense platforms, including solid rocket motor cases for missile platforms, flight control surfaces for manned and uncrewed aircraft, and C5ISR systems for precision strike applications. Its primary customers are blue-chip aerospace and defense prime contractors and government-linked programs.SpaceSpaceSecondaryThe company has a dedicated Space and Launch Systems segment that produces reusable landing systems for launch vehicles, solar array assemblies, and spacecraft mission assemblies for commercial, civil, and national security platforms.Classified using BQ-MICSCIK: 0002118195
Peer percentiles
How Applied Aerospace & Defense ranks
Ranked against the 118 companies in Aerospace and Defense·58 metrics · as of Nov 14, 2026
Valuation
12 metrics · Lower multiples rank higher; a negative multiple ranks last