Highest-materiality recent filing
Karman completes $95M Walker acquisition; adds $100M term loan
Completed Walker Precision Engineering acquisition for ~$95M (£70M) cash on Aug 28, 2026.
Karman appoints Chris Boynton as CFO effective Sept 14; Mike Willis to depart by year-end
Chris Boynton named EVP & CFO, start date Sept 14, 2026; Mike Willis steps down as CFO same date, departs by year-end.
Karman Q2 revenue $182.1M (+58% YoY); raises FY guidance; acquires Walker Precision for $94M
Record quarterly revenue $182.1M (+58% YoY); net income $14.0M (+106%); diluted EPS $0.11 vs $0.05 prior year.
Karman Holdings refinances $764M term loans, cuts interest rate by 50 bps
Refinanced $763,961,000 term loans to SOFR+2.25%, down 50 bps from prior rate.
Karman Holdings dismisses auditor Baker Tilly, appoints PwC for FY 2026
Audit committee dismissed Baker Tilly and appointed PricewaterhouseCoopers as independent auditor for fiscal year ending December 31, 2026.
Offering upsized from 13.5M to 14M shares; priced at $61.00/share; gross proceeds ~$854M to selling stockholders.
Karman Q1 FY2026 revenue $151.2M (+51% YoY); raises full-year outlook
Record net income $7.8M ($0.06 EPS) vs. net loss of $4.8M in prior-year quarter.
Karman Q4 revenue $134.5M (+47% YoY), raises FY2026 outlook to $715-730M
Q4 net income $7.7M (+358% YoY); EPS $0.06; adjusted EPS $0.11.
Karman increases revolving credit facility by $100M to $150M, removes incremental cap
Revolving credit commitments increased from $50M to $150M via Fourth Amendment.
Karman Holdings appoints Jon Rambeau as CEO, replacing retiring Tony Koblinski
Effective March 23, 2026, Jon Rambeau becomes CEO; Tony Koblinski retires but stays on board.
Karman Holdings acquires Seemann Composites and MSC for $220M; term loan increased to $767.8M
Acquired Seemann Composites and MSC for $210M cash + $10M in Karman stock, closed Feb 3, 2026.
Karman acquires Seemann/MSC for $220M; raises FY2025 guidance, sets FY2026 outlook
Total consideration $220M ($210M cash + $10M stock); expected close Q1 2026.
Karman to acquire Seemann Composites and MSC for $220M in cash and stock
Total consideration $220M: $210M cash + $10M in Karman common shares.
Karman Q3 revenue $121.8M (+42% YoY); net income $7.6M; raises FY guidance
Record quarterly revenue $121.8M, up 41.7% YoY; net income $7.6M ($0.06 diluted EPS).
Karman acquires Five Axis for $83M cash + stock; upsizes term loan by $130M
Acquired Five Axis Industries for $83M cash and 68,625 shares of Karman common stock (~$5M).
Karman posts record Q2 revenue $115.1M (+35% YoY) and raises FY2025 guidance
Record Q2 revenue $115.1M, up 35.3% YoY; net income $6.8M (+47.8%); diluted EPS $0.05.
Karman Holdings prices 21M-share secondary offering at $49.00 per share
21M shares sold by existing stockholders at $49.00/share; Karman receives no proceeds.
Secondary offering of 20,000,000 shares by selling stockholders (plus 3M option); company receives no proceeds.
Karman acquires ISP for $50M cash plus stock; upsizes term loan by $75M
Acquired Industrial Solid Propulsion (ISP) for $50M cash, ~$5M in Karman common shares, plus $5M in potential earnout payments.
Karman Q1 2025 revenue $100.1M (+20.6% YoY); record backlog $636.4M; reaffirms FY guidance
Q1 revenue $100.1M (+20.6% YoY); net loss $4.8M due to IPO share-based comp.
Karman reports record FY2024 revenue $345.3M (+23% YoY); issues optimistic 2025 guidance
FY2024 revenue $345.3M (+23% YoY), net income $12.7M (+191%), adjusted EBITDA $106.1M (+29.7%).
Karman acquires MTI for $90M cash, refinances $350M credit facilities at lower cost
Acquired MTI (Metal Technology Inc.) for $90M cash; MTI supplies refractory alloy systems for missile programs.
Karman Holdings prices IPO at $22/share, raises ~$147M net; begins trading on NYSE
IPO of 23M shares at $22.00; company sold 8.42M, selling stockholders 14.58M.
On May 13, 2025, the Board of Directors (the "Board") of Karman Holdings Inc., a Delaware corporation (the "Company" or "Karman"), appointed Mary Petryszyn, 63, to the Board for a term commencing on such date.
each of Matthew Alty, John Hamilton, Tony Koblinski, Brian Raduenz and Stephen Twitty were appointed to the Board of Directors of the Company (the "Board").
each of Matthew Alty, John Hamilton, Tony Koblinski, Brian Raduenz and Stephen Twitty were appointed to the Board of Directors of the Company (the "Board").
each of Matthew Alty, John Hamilton, Tony Koblinski, Brian Raduenz and Stephen Twitty were appointed to the Board of Directors of the Company (the "Board").
David Stinnett continues to serve as a director of the Company.
each of Matthew Alty, John Hamilton, Tony Koblinski, Brian Raduenz and Stephen Twitty were appointed to the Board of Directors of the Company (the "Board").
each of Matthew Alty, John Hamilton, Tony Koblinski, Brian Raduenz and Stephen Twitty were appointed to the Board of Directors of the Company (the "Board").
Max materiality 0.90 · Median 0.75 · Most common event m_and_a