Defense supplier Arxis seeks to raise up to $1.06 billion through NASDAQ IPO

LootboxPhobia · 2026-04-08T15:26:06+00:00

Aerospace and Defense Company Arxis Inc. plans to raise up to $1.06 billion through its initial public offering (IPO) in the United States, with plans to list on NASDAQ under the ticker symbol ARXS. The company reported a net profit of approximately $46 million last year and expects to incur a loss in 2024. Its main markets are in the defense and aerospace sectors.

LootboxPhobia

2026-04-08 15:26:06

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Investing.com - Arxis Inc., an electronics and mechanical components manufacturer for aerospace and defense companies, is seeking to raise up to $1.06 billion through its U.S. initial public offering.

The Bloomfield, Connecticut-based company plans to list on the Nasdaq Global Select Market under the ticker ARXS, issuing 37,735,849 shares priced between $25 and $28 per share, the company said on Wednesday. At the top end of the price range, based on the company’s outstanding shares listed in the U.S. Securities and Exchange Commission filing it filed concurrently, the company’s market value would reach $11.2 billion.

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The filing shows that defense and aerospace is Arxis’s largest end market, accounting for about 47% of its revenue in 2025, while its commercial aerospace segment accounts for about 23% of revenue over the same period.

The company reported net income of about $46 million last year on revenue of $1.6 billion, while it posted a net loss of $55 million in 2024 on revenue of $743 million. The filing shows that Arxis has more than 5,000 customers, with about 90% of revenue coming from proprietary products. As of December 31, 2025, the company had about 5,750 employees.

Goldman Sachs Group, Morgan Stanley, and Jefferies Financial Group are acting as lead underwriters for the offering. Citigroup and RBC Capital Markets are serving as joint bookrunners, while Baird, Guggenheim Securities, Wells Fargo Securities, William Blair, Loebner Company, and Wolfe | Nomura Alliance are serving as bookrunners.

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