William Blair initiated coverage on Karman Space and Defense
$KRMN
Military/Government/Technical
Industrials
William Blair initiated coverage of Karman Space and Defense with a rating of Outperform
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 3/10/2025 | $35.00 | Outperform | RBC Capital Mkts |
| 3/10/2025 | $40.00 | Outperform | Robert W. Baird |
| 3/10/2025 | $42.00 | Buy | Citigroup |
| 3/10/2025 | Outperform | William Blair | |
| 3/10/2025 | $38.00 | Outperform | Evercore ISI |
Karman Space & Defense ("Karman" or "the Company") (NYSE:KRMN), a leader in the design, development and production of critical, next-generation system solutions for launch vehicle, satellite, spacecraft, missile defense, hypersonic and UAS customers, today announced the official opening of its new, innovative facility in Decatur, Alabama. The milestone was celebrated with a ribbon-cutting ceremony attended by industry leaders, elected officials, and community partners. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250430762771/en/Karman Space & Defense- Opens New Facility in Decatur, Alabama Karman's new 30,000 square foot Decat
Karman Space & Defense (NYSE:KRMN) ("Karman" or "the Company"), 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, today announced it will issue financial results for the Company's first quarter fiscal year 2025 after financial markets close on Tuesday, May 13, 2025. Management will host a conference call and live audio webcast to discuss the results at 1:30 p.m. Pacific Time on the same day. Hosting the call and webcast to review results for the first quarter fiscal year 2025 will be Tony Koblinski, Chief Executive Officer; Mike Willis, Chief Financ
Karman Space & Defense ("Karman", "Karman Holdings, Inc." or "the Company") (NYSE:KRMN), a leader in the rapid design, development, and production of next-generation technologies to combat near-peer nation state threats, focused on critical, integrated systems for the hypersonic, missile defense, UAV and space sectors, today reported fiscal year 2024 financial results. Full-Fiscal Year 2024 Highlights Produced record revenue of $345.3 million in 2024, up 23.0% year over year Generated record net income of $12.7 million in 2024, up 191.3% year over year Delivered record adjusted EBITDA of $106.1 million in 2024, up 29.7% year over year Achieved record funded backlog of $579.8 millio
Karman Space & Defense (NYSE:KRMN) ("Karman" or "the Company"), a leader in the design, testing, volume manufacturing, and sale of highly engineered, mission-critical subsystems for advanced missile, uncrewed aircraft, and space systems, today announced the appointment of Steven Gitlin as Vice President of Investor Relations, effective immediately. Gitlin reports to Karman Space & Defense's Chief Financial Officer, Mike Willis. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250325314240/en/Karman Space & Defense Appoints Vice President of Investor Relations Steven Gitlin Gitlin is responsible for leading Karman Space & Defense's
Karman Space & Defense (NYSE:KRMN) ("Karman" or "the Company"), 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, today announced it will issue financial results for the Company's first quarter fiscal year 2025 after financial markets close on Tuesday, May 13, 2025. Management will host a conference call and live audio webcast to discuss the results at 1:30 p.m. Pacific Time on the same day. Hosting the call and webcast to review results for the first quarter fiscal year 2025 will be Tony Koblinski, Chief Executive Officer; Mike Willis, Chief Financ
MTI is a rapidly growing leader in manufacturing specialized refractory metal alloy systems that play a critical role in optimizing performance in the ultra-high temperature environments of next-generation missile programs The acquisition accelerates access to new, critical and classified strategic missile defense programs that align with current and future U.S. Department of Defense funding priorities MTI is deeply embedded in early development stages of major defense programs with extensive engineering and qualification requirements for refractory metal products involving unique, proprietary manufacturing methods The acquisition adds complementary and highly technical capabilities
Karman Space & Defense ("Karman" or "the Company") (NYSE:KRMN), a leader in the design, testing, volume manufacturing, and sale of highly engineered, mission-critical subsystems for advanced missile, uncrewed aircraft, and space systems today announced the extension of its 10K filing date to ensure sufficient time to complete remaining administrative audit tasks, as a result of the significant audit activity associated with its February IPO that delayed the start of the fiscal year 2024 audit. Management affirmed that its strong 2024 financial results were in line with preliminary 2024 results included in its IPO registration statement filed with the Securities and Exchange Commission, sup
RBC Capital Mkts initiated coverage of Karman Space and Defense with a rating of Outperform and set a new price target of $35.00
Robert W. Baird initiated coverage of Karman Space and Defense with a rating of Outperform and set a new price target of $40.00
Citigroup initiated coverage of Karman Space and Defense with a rating of Buy and set a new price target of $42.00
8-K - Karman Holdings Inc. (0002040127) (Filer)
10-Q - Karman Holdings Inc. (0002040127) (Filer)
8-K - Karman Holdings Inc. (0002040127) (Filer)
3 - Karman Holdings Inc. (0002040127) (Issuer)
4 - Karman Holdings Inc. (0002040127) (Issuer)
4 - Karman Holdings Inc. (0002040127) (Issuer)