UPDATE 1-Greenbriar-backed Applied Aerospace & Defense files for US IPO

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- Private equity-backed government contractor Applied Aerospace & Defense filed for an initial public offering in the United States on Friday.

The Huntsville, Alabama-based space and defense hardware provider plans to sell new shares in the offering.

Middle-market-focused buyout firm Greenbriar Equity Group last year combined Applied Aerospace and PCX Aerosystems to form Applied Aerospace & Defense.

Applied Aerospace & Defense will list on the New York Stock Exchange under the symbol “AADX.”

Morgan Stanley and Jefferies are among the underwriters on the offering.