AEVEX targets $336 million in US initial public offering

Private equity-backed drone maker AEVEX announced today that it aims to raise up to $336 million in a US IPO. The company filed its registration this morning.

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The private equity-backed drone manufacturer AEVEX has announced its intention to raise up to $336 million in an initial public offering within the United States. The company shared its financial goals on Thursday, signaling a push to capitalize on investor interest in the defense and aerospace sectors.

U.S. flags are displayed outside the New York Stock Exchange building in New York City. REUTERS/Andrew Kelly
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