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Arxis, an aerospace and defense components manufacturer backed by Arcline Investment Management, is preparing for its US initial public offering with a valuation target of up to USD 11.2 billion. The company plans to raise around USD 1.06 billion through the sale of 37.7 million shares, priced between USD 25 and USD 28 per share. The listing comes at a time when global defense spending is rising, driving stronger investor interest in aerospace and defense-linked industrial companies, especially those with diversified manufacturing platforms and steady acquisition-led growth strategies.
Arxis, a US-based aerospace and defense components manufacturer backed by Arcline Investment Management, is moving ahead with its initial public offering, targeting a valuation of up to USD 11.2 billion. The company operates across aerospace, defense, medical technology, and specialised industrial segments, supplying electronic and mechanical components used in critical applications. Advertisement
The company is looking to raise approximately USD 1.06 billion through the issuance of 37.7 million shares. The price band for the IPO has been set between USD 25 and USD 28 per share. The funds raised from the public issue are expected to be used for debt repayment, working capital needs, and other general corporate requirements.
Arxis has expanded significantly under private ownership through an acquisition-led growth model. Since 2019, it has completed more than 30 acquisitions to strengthen its industrial and aerospace portfolio. A key addition to its structure was the acquisition of Kaman in 2024, which further enhanced its position in the aerospace components market.
The timing of the IPO reflects continued investor interest in defense and aerospace-linked manufacturing companies. Global defense spending has been increasing, supported by geopolitical tensions and rising demand for advanced defense systems. This has improved investor confidence in companies operating in this segment, especially those with diversified industrial exposure.
The company has also seen early interest from institutional investors, with some global asset managers reportedly considering commitments of up to USD 400 million in the offering. The IPO is expected to be supported by leading investment banks acting as book runners, reflecting strong market participation expectations.
Arxis is expected to list on the Nasdaq under the ticker symbol ARXS after completing its public issue process.
Source Reuters
5th Jun, 2025
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