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0.0047311827956989 0.0047311827956989 0.00397849462365596 -0.0116129032258064 0.0196688172043011 -0.021505376344086 0.0144086021505377 -0.0147956989247311
Stock impact report

Karman Space & Defense Expands into High-Priority Maritime Defense Market with Agreement to Acquire Seemann Composites and Materials Sciences, Leaders in Advanced Composite Systems for Sub...

Karman Holdings Inc. (KRMN) 
Company Research Source: Business Wire
Karman’s strategy is to deliver advanced systems for next generation propulsion and shielding applications, serving the country’s highest priority national security interests from deep sea to deep space.Through integrated design, IP protected products and vertical integration, Karman is designed for agility and speed, delivering better technology for the most challenging environments.The acquisitions of Seemann Composites and Material Sciences significantly advance this strategy and align Karman’s business with core national security prioritiesSeemann Composites, LLC (“Seemann”) and Materials Sciences LLC (“MSC”) are rapidly growing providers of “bow-to-stern” composite systems, with more than 90 years of combined heritage in the design and manufacturing of proprietary solutions for existing and next-generation naval programsThe transaction significantly expands Karman’s exposure to the DOW’s highest priority naval programs, including submarine, USV/UUV and tactical surface vessels, w Show less Read more
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