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. reports developments tied to its space and defense systems business, including engineered payload protection and deployment systems, aerodynamic interstage systems, propulsion systems, and related manufacturing for missile defense, hypersonics, integrated defense, space and launch programs. Company news commonly covers earnings releases, backlog and demand commentary, production capacity investments, and program support for U.S. defense and commercial space customers.
Recurring updates also include completed acquisitions that expanded Karman into maritime defense systems through Seemann Composites and MSC, leadership changes, and capacity additions for launch systems and solid rocket motor nozzle assemblies. The company’s disclosures frame Karman as a supplier of critical subsystems across space, missile, defense and maritime applications.
Karman Space & Defense (NYSE:KRMN) reported record fourth-quarter revenue of $134.5 million (up 47.4% YoY) and full-year 2025 revenue of $471.5 million (up 36.6% YoY). Full-year net income was $17.4 million and non-GAAP adjusted EBITDA was $145.3 million (up 36.9% YoY).
The company completed an IPO raising $581 million, a $1.2 billion non‑dilutive secondary offering, three acquisitions including Seemann Composites and MSC, upsized its revolver to $150 million, and raised 2026 guidance to $715–$730M revenue and $207–$218M adjusted EBITDA.
Karman Space & Defense (NYSE: KRMN) will release fourth quarter and full fiscal year 2025 results after markets close on March 25, 2026. A conference call and live audio webcast will follow at 1:30 PM PDT to discuss results with incoming CEO Jon Rambeau and other executives.
Dial-in numbers, conference ID 4015462, webcast access and audio replay details are available via the company’s Investor Relations site; telephone replay runs March 25–April 1, 2026.
Karman Space & Defense (NYSE: KRMN) announced that Jon Rambeau will become CEO effective March 23, 2026, succeeding founder Tony Koblinski, who will retire from management and remain on the board. Rambeau joins from L3Harris, where he led an $8 billion segment, and brings 30 years of defense leadership.
The board cited Rambeau’s industry experience to drive Karman’s next growth phase following its IPO, four acquisitions and service to more than 80 customers across space and defense markets.
Karman Space & Defense (NYSE: KRMN) will open a digitally enabled manufacturing facility in greater Salt Lake City, Utah to expand production of loitering missile and counter-UAS launch systems and composite nozzles for solid rocket motors. The facility will quadruple launch system capacity and double SRM nozzle capacity, with production readiness anticipated in Q4 2026. Karman invested >$15 million over the past 12 months and is co-investing $5.0 million alongside a $5.0 million Defense Production Act Title III award from the U.S. Department of War. The site will centralize metal and composite manufacturing, assembly, testing, and Karman Operating System (KOS) digital/AI tools to reduce lead times.
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.