Applied Aerospace and Defense reported third-quarter 2026 results on Wednesday, November 11. Consolidated revenue rose 48.6% year-over-year to $182.1 million. The prior-year period came in at $122.5 million.
The company is an aerospace and defense systems integrator. It booked record third-quarter 2026 financial results. Revenue reached $182.1 million. That compares with $122.5 million a year earlier.
The Advanced Sensing and Precision Strike division was the primary growth driver. It generated $48.7 million in revenue, up 294% year-over-year. The core Defense Aviation business contributed $94.2 million. Space and Launch Systems delivered $39.1 million, reflecting 31.1% expansion. Organic commercial volume expanded by 20.3%. Customer adoption held up for proprietary precision-engineered hardware components. The figures cover the quarter ended in 2026.
Total funded contract backlog expanded to nearly $1.3 billion. That underpins multi-year production scheduling across manufacturing complexes. Third-quarter net income reached $30.6 million. Adjusted EBITDA climbed 37.4% to $39.7 million across active operating divisions. Capital investments supported facility modernizations in Alabama. The work aims to accelerate delivery cadences for high-priority national defense programs. Equity analysts underscored that structural backlog growth provides meaningful operational insulation against cyclical commercial disruptions. Executive guidance confirmed continuous investments targeting advanced autonomous systems and precision guidance capabilities.
