AEVEX, a defense technology prime contractor headquartered in Solana Beach, California, filed paperwork on Monday to pursue an initial public offering in the United States. The company has indicated its intention to list on the New York Stock Exchange using the ticker AVEX.
In its filing, AEVEX describes itself as a key enabler of U.S. Unmanned Aerial Systems dominance strategy missions. The company reported having delivered in excess of 10,200 systems to operational environments through the end of 2026.
AEVEX's stated capabilities center on airborne intelligence gathering. The firm designs aircraft platforms, integrates sensors and payloads, and provides flight test support services. It frames its product and technology suite around autonomous, artificial intelligence-enabled, and attritable unmanned systems - positioning these offerings as central to its claim of leadership in global unmanned systems.
The company identified several core areas of focus within its business: precision strike launched effects, loitering munitions, and intelligence, surveillance, and reconnaissance. These product and mission sets underpin the company's pitch to potential investors and customers.
On the capital markets side of the proposed transaction, Goldman Sachs, BofA Securities, and Jefferies are named as lead underwriters for the offering. A broader syndicate of bookrunners and co-managers listed in the filing includes J.P. Morgan, RBC Capital Markets, Baird, William Blair, Raymond James, Needham & Company, Academy Securities, Capital One Securities, and PNC Capital Markets.
AEVEX reported an employee headcount of approximately 650 people as of December 31, 2025. The filing presents these workforce and operational metrics as part of the company's disclosure to potential public investors.
What this filing shows
- AEVEX is actively pursuing a public listing in the U.S., with plans to trade as AVEX on the NYSE.
- The company emphasizes a product set built around unmanned systems, airborne intelligence, and strike and reconnaissance capabilities.
- A substantial group of investment banks will manage the offering, signaling a multi-bank underwriting syndicate.