March 24 (Reuters) - Private equity firm Arcline-backed

Arxis revealed its annual revenue more than doubled in its

filing for a U.S. initial public offering on Tuesday,

underscoring strong sponsor appetite to test the listing market

amid surging demand for aerospace and defense parts.

The filing comes as aerospace and defense companies attract

renewed investor interest, supported by rising global defense

spending and resilient commercial aviation demand.

Arxis, which produces parts such as flight control bearings

and engine fire seals and serves aerospace and defense original

equipment manufacturers, said it had about 5,750 employees as of

December 31, 2025.

Arcline, which specializes in industrial investments and

currently controls Arxis, is expected to remain a long-term

investor in the company following the IPO.

The private equity firm struck a deal with KKR in

November to acquire aerospace and defense hardware maker Novaria

Group for $2.2 billion.

Arxis reported a net income of about $46 million on revenue

of $1.59 billion in 2025, compared with a loss of $55.5 million

on revenue of $743 million in 2024.

The company said it has applied to list its stock on the

Nasdaq exchange under the symbol "ARXS."

Goldman Sachs, Morgan Stanley and Jefferies were among the

joint bookrunning managers for the offering.