Tag: Defense Manufacturing
-
Applied Aerospace & Defense Raises $650 Million in NYSE Debut
Applied Aerospace & Defense began trading on the New York Stock Exchange on Wednesday after launching an initial public offering of 32.5 million shares designed to raise approximately $650 million. The company was formed through the merger of aerospace suppliers Applied Aerospace and PCX Aerosystems, which were both previously owned by private equity firm Greenbriar…
-
U.S. Defense Secretary Praises Blue Origin’s Role in Military and Space Programs
U.S. Defense Secretary Pete Hegseth on Monday praised Blue Origin for its contributions to U.S. military operations and space exploration, speaking at the company’s rocket manufacturing facility in Cape Canaveral, Florida. During remarks delivered at the site, Hegseth reviewed Department of Defense activities carried out during the first year of President Donald Trump’s second term…