Aerospace, Defense Parts Maker Arxis Raises $1.13 Billion in IPO

Posted by MarketsWire

Arxis Inc., a maker of electronic and mechanical parts for aerospace and defense firms, raised $1.13 billion in an upsized initial public offering.

1 replies

tomspark wrote:

Not really interested in defense contractor IPOs tbh. The aerospace supply chain is solid long-term but the margins are brutal and you're basically betting on government spending staying high — which it will, but the stock won't move much.