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...
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