KARMAN HLDGS INC Stock Price, News & Analysis

Karman Space & Defense (NYSE: KRMN) will release third quarter fiscal 2025 results after market close on Thursday, November 6, 2025. Management will host a conference call and live audio webcast at 1:30 PM Pacific Time to discuss results.

Presenters include Tony Koblinski (CEO), Mike Willis (CFO), Jonathan Beaudoin (COO) and Steven Gitlin (VP, Investor Relations). Dial-in and webcast details are available on the company investor site and an audio replay will be archived and available by telephone from Nov 6–Nov 13, 2025.

Palladyne AI Corp. (NASDAQ: PDYN), a developer of AI software for defense and commercial robotic platforms, has appointed retired Lieutenant General Stephen M. Twitty to its Board of Directors. Twitty brings 40 years of distinguished military service and currently serves on multiple corporate boards including Karman Space and Defense.

During his military career, Twitty commanded various units across five combat tours and served as Deputy Commander of the U.S. European Command. He currently provides military commentary for CNBC and holds advisory roles with several defense and technology companies including The Chertoff Group and Ernst and Young.

Karman Space & Defense (NYSE:KRMN), a leading provider of next-generation system solutions for aerospace and defense applications, has announced its participation in the upcoming 2025 RBC Capital Markets Global Industrials Conference in New York City on September 17, 2025.

The company's management team will be conducting one-on-one meetings with institutional investors during the conference. Interested institutional investors can arrange meetings through RBC Capital Markets.

Karman Space & Defense (NYSE:KRMN) reported exceptional Q2 FY2025 results, with record quarterly revenue of $115.1 million, up 35.3% year-over-year. The company achieved record net income of $6.8 million (up 47.8%) and record quarterly non-GAAP adjusted EBITDA of $35.3 million (up 28.7%).

Key financial highlights include a record funded backlog of $719.3 million, successful completion of a $300 million Term Loan B refinancing, and strategic acquisitions of MTI and ISP. The company raised its full-year 2025 guidance, now expecting revenue between $452-458 million and adjusted EBITDA of $138.5-141.5 million.

Revenue growth was strong across all three segments: Hypersonics and Strategic Missile Defense (up 21.6%), Space and Launch (up 38.9%), and Tactical Missiles and Integrated Defense Systems (up 45.9%).

Karman Space & Defense (NYSE: KRMN), a provider of critical system solutions for the space and defense industry, has announced the pricing of its upsized public offering. The offering consists of 21,000,000 shares of common stock priced at $49.00 per share, to be sold by existing stockholders.

The Selling Stockholders have granted underwriters a 30-day option to purchase up to an additional 3,150,000 shares. The offering is expected to close on July 25, 2025. Notably, Karman will not receive any proceeds from this offering as all shares are being sold by existing stockholders. Citigroup and Evercore ISI are serving as lead book-running managers for the offering.

Karman Space & Defense (NYSE: KRMN), a provider of critical system solutions for the space and defense industry, has announced a proposed public offering of 20 million shares of common stock by selling stockholders. The underwriters will have a 30-day option to purchase an additional 3 million shares.

The offering will be managed by Citigroup and Evercore ISI as book-running managers. Importantly, Karman will not receive any proceeds from this offering as all shares are being sold by existing stockholders. The offering will be made through a prospectus, and a registration statement has been filed with the SEC but is not yet effective.

Karman Space & Defense (NYSE: KRMN) hosted Representative Gil Cisneros Jr. (CA-31) at its South El Monte facility, showcasing its role in national security and space missions. As a member of the House Armed Services Committee, Rep. Cisneros toured the facility's engineering and production operations. Karman supports critical defense programs for the U.S. Navy, Air Force, and Missile Defense Agency, developing technologies for underwater vehicles, ballistic missiles, and hypersonic systems. The company also provides integrated systems for space industry projects, including ULA's Vulcan rocket, which deploys national security payloads for the DoD and National Reconnaissance Office. CEO Tony Koblinski emphasized Karman's commitment to homeland defense and American manufacturing capabilities.

Karman Space & Defense (NYSE: KRMN), a leading provider of critical system solutions for the aerospace and defense industry, has announced its participation in the William Blair 45th Annual Growth Stock Conference. CEO Tony Koblinski and CFO Mike Willis will present on June 5, 2025, at 11:20 AM Central Time. The presentation will be accessible via live webcast, with a replay available for six months on both the conference platform and Karman's investor relations website. Karman specializes in rapid design and development of solutions for launch vehicles, satellites, spacecraft, missile defense, hypersonic systems, and unmanned aerial systems (UAS).

Karman Space & Defense (NYSE: KRMN) has acquired Industrial Solid Propulsion (ISP) for a total consideration of up to $60 million, comprising $50 million in cash, $5 million in KRMN shares, and $5 million in potential earnout payments. The acquisition, closed on May 28, 2025, was primarily funded through a $75 million increase to Karman's existing $300 million Term Loan B. ISP, founded in 1983 and based in Cedar City, Utah, brings over 40 years of expertise in small-diameter energetic and propulsion technologies. The company possesses 14 proprietary propellant formulation families and over 400 motor configurations, with significant experience in tactical boost motors and solid rocket propellant systems. The acquisition strengthens Karman's position in the UAS, UAS intercept, and rocket-assisted takeoff systems markets, while being accretive to revenue growth, Adjusted EBITDA margin, contracted revenue, and cash flow.