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Arxis Inc. Aims to Raise $1.06 Billion in IPO

4/8/2026

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Summary

Story summary

Arxis Inc., a Bloomfield, Connecticut-based maker of aerospace and defense components, plans to raise up to $1.06 billion by offering 37.7 million shares at $25–$28.
That could value Arxis at as much as $11.2 billion.
The company posted $46 million in net income on $1.6 billion in revenue last year.
Since 2019, Arxis has completed 32 acquisitions, including Kaman Corporation.

History

Historical Context

The U.S. aerospace and defense sector has experienced significant consolidation since 2019, highlighted by Northrop Grumman's $9.2 billion acquisition of Orbital ATK. This trend, marked by Arxis Inc.'s 32 acquisitions, including Kaman Corporation, reflects a strategic shift towards enhancing capabilities and market share, potentially fostering increased competition and innovation within a more concentrated industry.

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Story summary

Arxis Inc., a Bloomfield, Connecticut-based maker of aerospace and defense components, plans to raise up to $1.06 billion by offering 37.7 million shares at $25–$28.
That could value Arxis at as much as $11.2 billion.
The company posted $46 million in net income on $1.6 billion in revenue last year.
Since 2019, Arxis has completed 32 acquisitions, including Kaman Corporation.

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