Karman Holdings
KRMN · NYSE · Industrials
$33.05
$2.03 (-6.13%) today
Market Cap
$4.38B
24h Volume
$129.7M
P/E Ratio
122.4
52w High
$115.29
52w Low
$33.05
Est. AI Revenue
20%
7-Day Sparkline (Static)
Company facts
Performance
About Karman Holdings
Karman Holdings supplies components for missiles, hypersonic weapons, and space launch systems. It makes money selling propulsion systems and precision structures to defense prime contractors and space companies.
Its product set centers on hypersonics components, the parts that survive extreme speed and heat, and missile systems content across a range of defense programs. Karman works as a subcontractor rather than a prime, supplying engineered hardware into programs run by larger defense and space companies.
Founded in 2020 and headquartered in Huntington Beach, California, Karman trades on the NYSE and employs about 1,400 people, led by CEO Jonathan P. Rambeau.
Karman Holdings in the AI buildout
Karman sits in the Defense & Aerospace AI layer of the AI buildout, but at its edge. It supplies the physical layer of modern weapons: propulsion, structures, and hypersonics components sold to defense primes. Demand rides munitions restocking and hypersonics budgets, and AI-enabled weapons are part of the backdrop pushing those budgets higher. Karman itself does not sell AI, so its exposure is indirect: it builds hardware for an arsenal that is getting smarter around it.
KRMN is tracked in Defense & Aerospace AI, rated Peripheral on the AI Exposure leaderboard.
By the numbers
52-week range
KRMN trades at $33.05, 0% of the way up its 52-week range of $33.05 to $115.29.
Market cap
Market capitalization is $4.38B, with an AI Exposure Score of 12 out of 100.
Valuation vs peers
Its P/E ratio of 122.4 is above the Defense & Aerospace AI category median of 30.2.
Next earnings
Karman Holdings is next expected to report earnings on November 5, 2026.
Market data as of the close on . Prices are end of day, not live.
Frequently asked questions
What does Karman Holdings do?
Karman supplies missile, hypersonics, and space propulsion components to defense prime contractors and space companies. Its parts go into munitions, hypersonic weapons, and launch systems.
How is Karman exposed to AI?
Indirectly. Its growth rides munitions restocking and hypersonics budgets, where AI-enabled weapons are a demand backdrop rather than something Karman sells. Supercycle rates it an AI Exposure Score of 12 out of 100.
What are Karman's main products?
Hypersonics components built to survive extreme speed and heat, missile systems content across defense programs, and space propulsion systems for launch vehicles.
Is KRMN a pure play AI stock?
No. Karman is a defense components supplier whose products are hardware, not AI. Its AI Exposure Score of 12 out of 100 reflects indirect exposure through defense modernization budgets.
Where is Karman based and who leads it?
Karman Holdings is headquartered in Huntington Beach, California, and is led by CEO Jonathan P. Rambeau. The company was founded in 2020 and employs about 1,400 people.
Profile written 2026-08, updated as the business changes. Editorial content, not investment advice.