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Applied Aerospace & Defense shares drop to $9 despite strong Q3 growth and solid backlog.

Company Fundamentals
13 Nov 2026, 13:10 WIB
Seeking Alpha
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Neutral
Applied Aerospace & Defense shares drop to $9 despite strong Q3 growth and solid backlog.

Applied Aerospace & Defense's shares fell to $9 despite a 49% revenue increase in Q3 to $182 million and strong growth in advanced sensing and precision striking systems. The company's EBITDA margin declined slightly due to project delays, leading to a downward revision of full-year sales guidance to $660–$670 million and adjusted EBITDA to $137–$142 million. The pullback in share price is seen as temporary amid robust backlog growth and positive long-term demand trends, maintaining a constructive outlook.

Applied Aerospace & Defense's recent performance provides context for the Industrials sector snapshot on Pluang as of Nov 13, 2026 18:12 WIB: Among 135 priced US Industrials stocks, 81 rose and 42 fell. Notable movers include Huntington Ingalls Industries Inc (HII) at USD 313.06 with a 1-day change of +1.53%, Fluor Corporation (FLR) at USD 48.77 down 1.51%, and Intuitive Machines (LUNR) at USD 13.21 up 1.38%, with a typical hold time of 10 days and Pluang order activity showing 48% Sell and 52% Buy.

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