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KARMAN HLDGS INC Stock Price, News & Analysis

KRMN NYSE

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.

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Karman Space & Defense (NYSE:KRMN) will participate in several investor conferences between May 13 and June 16, 2026, in New York City, Boston and Chicago.

Management will host one-on-one institutional investor meetings, and any webcast presentations will be available in the Investors section of its website.

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Hexcel (NYSE: HXL) appears among a group of companies positioned to benefit from a growing U.S. space and defense budget and a materials-and-test bottleneck. The release highlights a 32% YoY jump in aerospace thermoplastic composites demand to $731 million, a Pentagon focus on flight-test capacity, and program updates across Starfighters, Rocket Lab, Karman, BlackSky, and Hexcel.

Hexcel confirmed supply of M21E/IMA prepregs for the Dassault Falcon 10X wing, reinforcing its role in advanced composite structures for commercial aerospace and defense.

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Karman Space & Defense (NYSE: KRMN) will release first quarter fiscal 2026 results after markets close on May 12, 2026. Management will host a conference call and live audio webcast at 1:30 PM PDT to discuss results, with replay archived on the investor website.

Dial-in and webcast details are available to investors on the company investor relations site.

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Karman Space & Defense (NYSE:KRMN) announced that Doug Laurendeau will join as chief growth officer, effective May 6, 2026, and Stephanie Sawhill will become chief technologist on the same date. Laurendeau brings 40+ years at Lockheed Martin and led growth for a $16 billion business segment and a $70 billion portfolio.

The moves align leadership to accelerate business development, technical depth, and customer partnerships for Karman.

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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.

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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.

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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.

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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.

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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.

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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.

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FAQ

What is the current stock price of KARMAN HLDGS (KRMN)?

The current stock price of KARMAN HLDGS (KRMN) is $58.82 as of May 11, 2026.

What is the market cap of KARMAN HLDGS (KRMN)?

The market cap of KARMAN HLDGS (KRMN) is approximately 8.1B.