secwatch.observer — SEC 8-K summary
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Issuer:     Karman Holdings Inc. (KRMN)
CIK:        0002040127
Form:       8-K
Filed at:   2026-01-21T23:59:59+00:00
Accession:  0001193125-26-017985
Event type: m_and_a
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Karman acquires Seemann/MSC for $220M; raises FY2025 guidance, sets FY2026 outlook
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- Total consideration $220M ($210M cash + $10M stock); expected close Q1 2026.
- FY2025 revenue raised to $470-471M; adjusted EBITDA $144.5-144.9M.
- FY2026 revenue expected $700-715M; adjusted EBITDA $205-215M.
- Acquisition immediately accretive to revenue, EBITDA, EPS, and cash flow in 2026.
- Expands into maritime defense market, accessing multi-decade U.S. Navy programs.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2040127/000119312526017985/0001193125-26-017985-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2040127/000119312526017985/krmn-20260121.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-017985

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer