NYSE · Industrials

KARMAN HLDGS INC KRMN

Karman Holdings Inc., through its subsidiary, engages in designing, testing, manufacturing, and sale of mission-critical systems in the United States. The company offers payload protection and deployment systems, aerodynamic interstage systems, and propulsion systems.

Military/Government/Technical

Company profile

Business mix

  • The company offers payload protection and deployment systems, aerodynamic interstage systems, and propulsion systems.
  • It serves its products to hypersonics and strategic missile defense, tactical missile and integrated defense systems, and space and launch markets.
  • The company was incorporated in 2020 and is headquartered in Huntington Beach, California. Karman Holdings Inc. operates as a subsidiary of TCFIII Spaceco SPV LP.

Current key questions

  • Can orders, backlog, aftermarket demand, and end-market capital spending support growth in aerospace & defense?
  • How do pricing, input costs, supply chain execution, and utilization affect margins?
  • Does capital allocation strengthen the company's competitive position across cycles?
Holders 1 Current sample portfolio
Public mentions 0 Videos / interviews / letters
Valuation snapshot
PE 219.72 FCF -0.47% Buyback 16.24%
2026-06-07

Current firm holders

Firm Weight Value Filing period
Baron Capital Ron Baron 0.3% $102.4M 2026-03-31

Recent trading changes over the last 1 quarters

Net buyers 0 Last 1 13F filing periods
Net reducers 4 Last 1 13F filing periods
Unchanged holders 0 Share count unchanged
Increase amount $0 Estimated from net added shares
Reduction amount $126.1M Estimated from net reduced shares
Net share change / base shares -65.7% -2,464,865 / 3,753,501
Baron Capital Ron Baron 1 filing periods
13F 2026-03-31 Filed 2026-05-15
Major reduction Shares -33.2% 13F value change -$37.7M
Settlement As of 13F 2026-03-31 · Filed 2026-05-15
Base shares 1,914,221 Last 1 periods -635,128 (-33.2%) Total shares 1,279,093 Value $102.4M
Soros Fund Management George Soros 1 filing periods
13F 2025-12-31 Filed 2026-02-13
Major reduction Shares -97.4% 13F value change -$25.6M
Settlement As of 13F 2025-12-31 · Filed 2026-02-13
Base shares 364,280 Last 1 periods -354,737 (-97.4%) Total shares 9,543 Value $698,261
Dragoneer Investment Group Marc Stad 1 filing periods
13F 2025-06-30 Filed 2025-08-14
Sold out Shares -100.0% 13F value change -$30.1M
Settlement As of 13F 2025-06-30 · Filed 2025-08-14
Base shares 900,000 Last 1 periods -900,000 (-100.0%) Total shares 0 Value $0
Durable Capital Partners Henry Ellenbogen 1 filing periods
13F 2025-06-30 Filed 2025-08-14
Sold out Shares -100.0% 13F value change -$19.2M
Settlement As of 13F 2025-06-30 · Filed 2025-08-14
Base shares 575,000 Last 1 periods -575,000 (-100.0%) Total shares 0 Value $0

Recent mentions

No public mentions.