Arxis, an aerospace and defence components manufacturer backed by private equity firm Arcline Investment Management, has filed for a US initial public offering, reporting a sharp increase in revenue ahead of a potential listing, according to a report by Reuters.
According to the filing, Arxis generated $1.59bn in revenue in 2025, more than doubling from $743m in 2024. The company also swung to a net profit of $46m, compared with a net loss of $55.5m in the prior year.
The IPO comes amid renewed investor interest in aerospace and defence assets, driven by rising defence budgets and strong demand for commercial aviation. Arxis manufactures components including flight control bearings and engine fire seals, supplying original equipment manufacturers across both sectors.
Industrial investments specialist Arcline is expected to remain a long-term shareholder following the listing. The firm has been active in the sector, including its agreement with KKR in November to acquire aerospace and defence hardware group Novaria for $2.2bn.
Goldman Sachs, Morgan Stanley and Jefferies are acting as joint bookrunners on the offering.
