The countdown is on: Aerospace and defense components manufacturer Arxis, Inc. unveiled the terms early today for its $1 billion IPO set to price next week, according to its S-1/A filing dated April 8, 2026. Arxis (ARXS Proposed) is offering 37.74 million shares at a price range of $25.00 to $28.00 to raise $1 billion, if priced at the $26.50 mid-point of its range. The market cap works out to $10.64 billion – if the Arxis IPO is priced at $26.50, the mid-point of its range.
Goldman Sachs, Morgan Stanley and Jefferies are the joint book-running managers.
Bankers expect to price the Arxis IPO a week from tonight – on Wednesday night, April 15, 2026 – to trade Thursday, April 16 – on the NASDAQ.
Arxis, based in Bloomfield, Connecticut, describes itself as “a leading designer and manufacturer of proprietary mission-critical electronic and mechanical components engineered for cutting-edge performance in extreme environments.” Its roots are in the aerospace and defense industry. But the company also serves clients in “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,” the prospectus said.
“At our core, we are a business of engineers,” Arxis said in the prospectus.
The company’s core products – offered by Arxis through 47 customer-facing brands – 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, according to the prospectus.
Arxis serves “a diverse mix of blue-chip customers, including major aerospace and defense original equipment manufacturers (“OEMs”) and Tier 1 and Tier 2 suppliers, and leading OEMs and their suppliers in other high-value sectors,” the prospectus said.
The Connecticut company, which has grown through acquisitions since its founding in 2019, is profitable: Net income of $45.99 million on revenue of $1.59 billion for the 12 months that ended Dec. 31, 2025, according to financial statements in the prospectus.
(For more information about this company, please check the IPO Calendar and the individual IPO Profile found on the IPOScoop.com website.)
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