Armada is balanced in a large picture. Internal balance is a bit wacked.
There exist several squadrons that never sees play and feels overcosted or poorly designed. Han solo for example, rouge gets overshadowed by his ability and such high cost for a non scatter cost makes him hard to field.
Some ships pretty much work thanks to a single title. Demolisher, yavaris for example.
I have some gripes with the general rules in armada like the importance of initiative, I far prefer the system in legion.
Lastly with the latest expansion I find that they pointfortress problem have come to armada. Isd or mc80 with reinforced blast doors, brunson/lando and spamming enginering commands can hold over 200 points locked away. I find msu have big problems with this since you get 0 points if that ship stands on 1-2 hp at the end of round six. The activation advantage is no longer there thanks to strategic advisor and pryce.