What Happened
Aerospace Company Sees 47% Revenue Growth Amid Strong Demand
Applied Aerospace & Defense reported record earnings for the second quarter of 2026, with revenue growing 47.4% year-over-year to $167.3 million. The company’s contract backlog also reached a record $1.13 billion, providing visibility for the remainder of 2026 and approximately 50% of projected 2027 revenue. According to the company’s Q2 2026 earnings call transcript, as reported by The Globe and Mail.