Welcome to our dedicated page for KARMAN HLDGS news (Ticker: KRMN), a resource for investors and traders seeking the latest updates and insights on KARMAN HLDGS stock.
Karman Holdings Inc. (NYSE: KRMN), known as Karman Space & Defense, regularly issues news and updates related to its role in the aerospace and defense sector. Company press releases and regulatory disclosures highlight developments in launch vehicle, satellite and spacecraft subsystems, missile and missile defense programs, hypersonic systems and unmanned aerial systems. Investors following KRMN news can track how Karman’s mission‑critical systems support high‑priority space and defense programs.
Recent announcements have covered financial results, funded backlog trends and business performance across the company’s three end markets: Hypersonics & Strategic Missile Defense, Space & Launch, and Tactical Missiles & Integrated Defense Systems. Earnings releases discuss revenue by end market, non‑GAAP metrics such as Adjusted EBITDA and Adjusted EBITDA Margin, and management’s commentary on demand for Karman’s solutions.
Karman’s news flow also includes updates on acquisitions and strategic expansion. The company has announced a definitive agreement to acquire Seemann Composites and Materials Sciences, which provide advanced composite systems and materials for submarines, unmanned and manned surface vessels and related platforms. It has also disclosed the acquisition of Five Axis Industries, a supplier of specialized nozzles, gaseous oxygen systems and fluid control technologies for commercial space engines. These items illustrate Karman’s efforts to expand its capabilities in advanced materials, propulsion and maritime defense.
Other KRMN news items describe awards and contracts, such as Defense Production Act Title III funding to expand solid rocket motor nozzle production capacity at its Systima facility. Investors and analysts can use this news page to review Karman’s conference participation, earnings call schedules, capital markets transactions and operational milestones across its space, missile, hypersonics and defense businesses.
Karman Space & Defense (NYSE: KRMN) completed acquisition of Seemann Composites and MSC on February 3, 2026 and amended its credit facility to increase an incremental term loan to $772 million.
The company said the deal creates a new Maritime Defense Systems end market, is expected to be immediately accretive across revenue, funded backlog, EBITDA, EPS and cash flow in 2026, and reduces the loan rate by 75 basis points to SOFR + 2.75%. Integration is expected to finish by end of 2026.
Karman Space & Defense (NYSE: KRMN) will hold a virtual-only Annual Meeting of Shareholders on April 29, 2026 at 9:00 am PST. Shareholders of record as of March 5, 2026 may vote. Nomination notices must be received by 5:00 pm PST on February 14, 2026.
The company also plans investor presentations at TD Cowen (Feb 11), Citi (Feb 18), Barclays (Feb 19) and Raymond James (Mar 3); webcasts are available in the Investor Events section at the company website.
Karman Space & Defense (NYSE: KRMN) announced it was awarded a contract under the Missile Defense Agency SHIELD indefinite‑delivery/indefinite‑quantity (IDIQ) program with a program ceiling of $151 billion.
The award places Karman on a broad work scope intended to support rapid delivery of innovative capabilities to the warfighter, emphasizing increased speed and agility and alignment with U.S. Department of War core mission priorities.
Karman Space & Defense (NYSE: KRMN) announced an investor call on January 21, 2026 to discuss its acquisition of Seemann Composites and MSC and updated fiscal guidance. The transaction consideration totals $220 million (approximately $210M cash and $10M in Karman shares) and is expected to close on or about Q1 2026, subject to customary closing conditions and regulatory approvals.
The Company raised FY2025 expectations to Revenue $470–471M and Adjusted EBITDA $144.5–144.9M, and established FY2026 expectations of Revenue $700–715M and Adjusted EBITDA $205–215M. Management says the acquisition is expected to be immediately accretive to multiple financial metrics in 2026 and to expand access to funded U.S. Navy programs.
Karman Space & Defense (NYSE: KRMN) entered a definitive agreement to acquire Seemann Composites and Materials Sciences for $220 million consideration ($210M cash, ~$10M common shares). The targets supply advanced composite systems for submarines, UUV/USV and naval surface platforms and bring ~95 years combined heritage, ~240,000 sq ft manufacturing, proprietary materials and resin IP. Karman expects the deal to be immediately accretive in 2026 to revenue, funded backlog, EBITDA, EPS and cash flow; closing is expected in Q1 fiscal 2026, subject to customary conditions and regulatory approvals.
Karman Space & Defense (NYSE: KRMN) announced that its Systima facility in Mukilteo, WA received $5.0 million in Defense Production Act Title III funding from the U.S. Department of War on October 20, 2025 to expand capacity to produce solid rocket motor (SRM) nozzles.
The funds will be used to create an additional dedicated SRM nozzle production line for a major production program and to build an optimized production cell for complex nozzles, augmenting Karman’s internal investments to accelerate missile production and strengthen domestic supply-chain resiliency.
Newsmax (NYSE:NMAX) announced multi-year distribution agreements expanding its channel across Europe and the eastern Mediterranean.
New carriage deals place Newsmax on Free TV (France) channel 351 (reaching ~3.5 million households), HOT (Israel) channel 204 (reaching >200,000 subscribers), and Primetel (Cyprus) channel 241. The company also signed a brand license to launch Newsmax Ukraine in the Ukrainian language, expected live in the first half of 2026. Newsmax says it is available in over 100 countries and is the fourth highest-rated cable news network in the U.S., reaching over 40 million Americans.
Karman Space & Defense (NYSE: KRMN) reported record third quarter fiscal 2025 results with Q3 revenue $121.8M (up 41.7% YoY), net income $7.6M (up 78.1% YoY), and adjusted EBITDA $37.7M (up 34.4% YoY).
The company closed a $1.2B non-dilutive secondary equity offering, acquired Five Axis Industries, upsized Term Loan B to $505M and paid off its revolving credit facility. Funded backlog reached $758.2M (up 30.8% vs. year-end 2024).
Karman raised and narrowed 2025 guidance to $461–$463M revenue and $142–$143M adjusted EBITDA, and set preliminary 2026 revenue growth expectations of 20–25% (exclusive of acquisitions).
Karman Space & Defense (NYSE: KRMN) said it will participate in three investor conferences in November 2025: Baird 2025 Global Industrial Conference in Chicago on November 12, 2025, NYSE Industrials Virtual Investor Access Day on November 18, 2025, and Deutsche Bank Global Space Summit in New York City on November 19, 2025.
Karman management will host institutional one-on-one meetings at these events; institutional investors should contact Baird, NYSE or Deutsche Bank to request meetings. For the latest company information, investors are directed to Karman’s investor website at https://investors.karman-sd.com/.
Karman (NYSE: KRMN) acquired Five Axis Industries for $83 million cash plus approximately $5 million in Karman common shares; the transaction closed on October 28, 2025. Five Axis, based in Arlington, Washington, supplies spun-form nozzles, gaseous oxygen systems and fluid control technologies for commercial space engines and brings proprietary 3D-printed inconel capabilities to Karman's IP portfolio. Karman said the acquisition is immediately accretive to revenue, Adjusted EBITDA margin and cash flow. To fund the deal and repay its revolver, Karman increased its Term Loan B to $505 million on October 24, 2025 (up from $375 million). Financial and legal advisors to the transaction were named in the announcement.
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