EarningsShares of Karman are up 10% in after-hours trading after the company reported strong second-quarter results above consensus and raised 2025 guidance.
Government ContractsKarman is highly aligned with the passage of the One Big Beautiful Bill Act that features approximately $25 billion in funding for various defense and space programs.
Strategic AcquisitionsKarman announced that it has acquired Industrial Solid Propulsion for $55 million, enhancing its offerings in loitering munition systems, counter-UAS, and other intercept systems.