Karman Space & Defense Hosts United States Representative Gil Cisneros Jr. (CA-31) for Facility Tour Highlighting Critical Role in U.S. Space Access and National Security
Karman Space & Defense ("Karman" or "the Company") (NYSE:KRMN), a leader in the rapid design, development and production of critical, next-generation system solutions for launch vehicle, satellite, spacecraft, missile defense, hypersonic and UAS customers, was honored to host Representative Gil Cisneros Jr. representing California's 31st District for a tour of its South El Monte, CA design and manufacturing facility. The visit highlighted Karman's decades of experience supporting national security and space missions, along with its dedication to building a highly skilled workforce across multiple facilities in the United States.
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United States Representative Gil Cisneros Jr. (CA-31) tours Karman Space & Defense Facility
As a member of the U.S. House of Representatives Armed Services Committee, Representative Cisneros plays an influential role in shaping U.S. defense policy and advocating for the strengthening of American manufacturing, serving both his district and the nation. During his visit to Karman's South El Monte facility, Representative Cisneros toured advanced engineering and production operations, met with company leadership, and engaged with team members driving critical space and defense programs.
In the defense sector, Karman supports a wide array of high-priority programs for the U.S. Navy, U.S. Air Force, and Missile Defense Agency. The company partners with leading prime contractors to develop advanced technologies that protect our nation and strengthen warfighter capabilities, including unmanned underwater vehicles, submarine launched ballistic missiles, long-range precision strike weapons, such as hypersonic missiles, and ground-based interceptors.
In addition to its vital defense work, Karman also plays a key role enabling the space industry by delivering integrated systems and subsystems throughout all phases of launch vehicles and spacecraft development. The company supports numerous leading space prime contractors and programs, including United Launch Alliance's next generation Vulcan rocket. Vulcan is designed to deploy critical national security payloads for agencies including the Department of Defense and the National Reconnaissance Office, ensuring reliable and timely access to orbit in support of U.S. strategic priorities, including missile warning, intelligence gathering, space situational awareness, and secure communication.
"We are honored to have hosted Representative Cisneros and deeply appreciate his strong commitment to policies that enhance homeland defense, sustain our nation's leadership in space and strengthen America's engineering and manufacturing capabilities. Representative Cisneros' strong support helps empower our talented workforce and reinforces the vital economic role we and many other companies play in our local communities. At Karman, we deliver advanced solutions that enable critical missions across space, air, land, and sea, ensuring the protection of our nation and empowering our warfighters," said Tony Koblinski, CEO of Karman Space & Defense.
About Karman Space & Defense
Karman Space & Defense is a leader in the rapid design, development and production of critical, next-generation system solutions for launch vehicles, satellites and spacecraft, missile defense, hypersonics and UAS customers. Building on nearly 50 years of success, we deliver Payload & Protection Systems, Aerodynamic Interstage Systems, and Propulsion & Launch Systems to more than 70 prime contractors supporting over 100 space and defense programs. Karman is headquartered in Huntington Beach, CA, with multiple facilities across the United States. For more information, visit our website, Karman-SD.com.
Forward-Looking Statements
This announcement may contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. We intend all forward-looking statements to be covered by the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements generally can be identified by the fact that they do not relate strictly to historical or current facts and by the use of forward-looking words such as "expect," "expectation," "believe," "anticipate," "may," "could," "intend," "belief," "plan," "estimate," "target," "predict," "likely," "seek," "project," "model," "ongoing," "will," "should," "forecast," "outlook" or similar terminology. These statements are based on and reflect our current expectations, estimates, assumptions and/or projections, our perception of historical trends and current conditions, as well as other factors that we believe are appropriate and reasonable under the circumstances. Forward-looking statements are neither predictions nor guarantees of future events, circumstances or performance and are inherently subject to known and unknown risks, uncertainties and assumptions that could cause our actual results to differ materially from those indicated by those statements. There can be no assurance that our expectations, estimates, assumptions and/or projections, including with respect to the future earnings and performance or capital structure of Karman, will prove to be correct or that any of our expectations, estimates or projections will be achieved.
Numerous factors could cause our actual results and events to differ materially from those expressed or implied by forward-looking statements, including the factors described in the filings we make with the SEC from time to time and without limitation that a significant portion of our revenue is generated from contracts with the United States military and U.S. military spending is dependent upon the U.S. defense budget; U.S. government contracts are subject to a competitive bidding process that can consume significant resources without generating any revenue; our business and operations expose us to numerous legal and regulatory requirements and any violation of these requirements could materially adversely affect our business results of operations prospects and financial condition; our inability to adequately enforce and protect our intellectual property or defend against assertions of infringement could prevent or restrict our ability to compete; and we have in the past consummated acquisitions and intend to continue to pursue acquisitions and our business may be adversely affected if we cannot consummate acquisitions on satisfactory terms or if we cannot effectively integrate acquired operations. Readers are directed to the risk factors identified in the filings we make with the SEC from time to time copies of which are available free of charge at the SEC's website at www.sec.gov under Karman Holdings Inc.
The forward-looking statements included in this announcement are only made as of the date of this announcement. Factors or events that could cause our actual results to differ may emerge from time to time and it is not possible for us to predict all of them. We may not actually achieve the plans intentions or expectations disclosed in our forward-looking statements and you should not place undue reliance on our forward-looking statements. We undertake no obligation to publicly update or review any forward-looking statement whether as a result of new information future developments or otherwise except as may be required by any applicable law.
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