Defense electronics manufacturer Arxis files for an estimated $400 million IPO
IPO Overview
Arxis, an aerospace and defense electronics and components manufacturer, filed on Tuesday with the SEC to raise up to what we estimate could be $400 million in an initial public offering.
The company designs and manufactures specialized electronic and mechanical components used in high-performance and demanding environments. Its products include connectors, cable assemblies, RF and microwave components, sensors, and precision mechanical parts such as bearings and seals, which are integrated into aerospace, defense, and space systems, as well as applications in medical technology, semiconductor testing, and industrial automation. Since being formed in 2019 from a number of processor companies, Arxis has completed 32 acquisitions. Recent acquisitions include Kaman Corporation, Spira Manufacturing, and Oldham Seals Group.
The Bloomfield, CT-based company was founded in 2019 and booked $1.6 billion in revenue for the 12 months ended December 31, 2025. It plans to list on the Nasdaq under the symbol ARXS. Arxis filed confidentially on November 24, 2025. Goldman Sachs, Morgan Stanley, Jefferies, Citi, RBC Capital Markets, Baird, Guggenheim Securities, Wells Fargo Securities, William Blair, Rothschild, Nomura Securities, and WR Securities are the joint bookrunners on the deal.
About the Company
We are a leading designer and manufacturer of proprietary, mission-critical electronic and mechanical components engineered for cutting-edge performance in extreme environments. Leveraging significant intellectual property （“IP”） and world-class engineering capabilities, we design and deliver innovative solutions that address some of our customers’ most complex performance needs. Our heritage lies in the aerospace and defense markets, where we have spent decades establishing embedded positions across hundreds of national security, space and commercial aerospace platforms. We also serve customers across similarly demanding and attractive end markets, including medical technology, high-end semiconductor testing, analytical devices, industrial automation and other specialized industrial sectors, which have unique performance requirements and resilient, long-term growth tailwinds. Our core products include electronic components such as connectors, cable assemblies, microelectronic packaging, radio frequency （“RF”） and microwave products, power products and sensors and mechanical components such as precision and self-lubricating bearings, seals, springs, gaskets and radar absorbing materials. We go to market through 47 customer-facing brands that we believe are synonymous with engineering excellence, quality execution and trusted partnership.
