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 systems that align with the core mission priorities of the U.S. Department of War and its allies, and meet the accelerating demand for access to space, today announced an agreement to acquire Glasgow-headquartered Walker Precision Engineering ("Walker") for total consideration of approximately $94 million or £70 million.