Arxis, Inc. completed the acquisition of Omnetics Connector Corporation on August 17, 2026, based on an agreed enterprise value of $770 million subject to customary closing adjustments. To fund the transaction, Arxis issued 13,351,964 shares of Class A common stock to former Omnetics shareholders and funded $8.0 million in cash escrow accounts. Omnetics is a designer and manufacturer of high-reliability Micro-D-Sub and Nano-D-Sub connectors for defense, space, aerospace, and medical applications, and will operate within Arxis' Electronic Components segment. This acquisition brings the combined purchase price multiple with the MagCanica acquisition to approximately 12x FY27 estimated adjusted EBITDA. Arxis is a leading designer and manufacturer of proprietary electronic and mechanical components for aerospace, defense, and specialized industrial markets.

Arxis, Inc. reported second quarter 2026 financial results and raised its full-year guidance. Revenue increased 25% year-over-year to $501 million, while net loss narrowed significantly to $(5) million from $(29) million in the prior year period. Adjusted EBITDA rose 38% to $211 million with an improved margin of 42.2%. The company completed acquisitions of MagCanica and Blue Line Engineering and announced a definitive agreement to acquire Omnetics Connector Corporation, expected to close in Q3 2026. Additionally, Arxis repriced its term loan facility to reduce borrowing costs by approximately $5 million annually. Full-year 2026 revenue guidance was raised to $1,960–$1,980 million and Adjusted EBITDA guidance increased to $790–$800 million. Arxis is a designer and manufacturer of proprietary electronic and mechanical components for aerospace, defense, medical technology, and industrial markets.