Karman Space & Defense Raises FY25 Revenue Guidance To $470M - $471M, Expects FY26 Revenue Of $700M - $715M

Karman Holdings Inc. +3.80%

Karman Holdings Inc.

KRMN

85.83

+3.80%

Karman Space & Defense ("Karman", "Karman Holdings Inc." or "the Company") (NYSE:KRMN), a leader in the rapid design, development and production of critical, next-generation system solutions that align with the U.S. Department of War's core mission priorities and the accelerating demand for access to space, today announced its investor conference call and audio webcast will provide further details on its acquisition of Seemann Composites and MSC, leaders in specialty maritime defense technologies, and an update to its financial expectations for fiscal years 2025 and 2026. The transaction is expected to close on or about the first quarter of 2026, subject to customary closing conditions and regulatory approvals with Karman providing a total consideration of $220 million, consisting of $210 million in cash and approximately $10 million in Karman common shares.

Guidance   2025   2026
Revenue   $470 - $471   $700 - $715
Adjusted EBITDA   $144.5 - $144.9   $205 - $215