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Company coverage · INDUSTRIALS

Karman Holdings Inc. KRMN

AEROSPACE & DEFENSE coverage with price history, portfolio records, theme ratings, and research entries pulled from the IntraAlpha data layer.

Sector: INDUSTRIALSIndustry: AEROSPACE & DEFENSELatest quarter: 2026-06-30Fundamentals refresh: 2026-08-30
moat Strong
physical / assets Moderate
sw / hw SW 15 : HW 85
Last close $45.57

Connected surface

Price, fundamentals, portfolio context, and research memory.

Data through 2026-08-28
Observed price path $45.57
Activity -28.6%
$36 $58 $80 $102 $124 SepNovJanMarMayJul 2025-09-15 · BUY equity · relative size +1% 2025-09-15 · BUY equity · relative size +1% 2025-09-17 · BUY equity · relative size +1% 2025-10-10 · BUY equity · relative size +1% 2025-10-10 · BUY equity · relative size +1% 2025-10-24 · BUY equity · relative size +0% 2025-10-24 · BUY equity · relative size +2% 2025-10-31 · BUY equity · relative size +1% 2025-11-03 · BUY equity · relative size +0% 2025-11-03 · BUY equity · relative size +1% 2025-11-04 · BUY equity · relative size +0% 2025-11-06 · BUY equity · relative size +1% 2025-11-06 · BUY equity · relative size +0% 2025-11-14 · BUY equity · relative size +0% 2025-11-14 · BUY equity · relative size +1% 2025-11-17 · BUY equity · relative size +1% 2025-11-17 · BUY equity · relative size +0% 2025-12-01 · BUY equity · relative size +0% 2025-12-01 · BUY equity · relative size +1% 2025-12-02 · BUY equity · relative size +0% 2025-12-02 · BUY equity · relative size +1% 2025-12-22 · BUY equity · relative size +1% 2025-12-26 · BUY equity · relative size +1% 2026-01-02 · BUY equity · relative size +2% 2026-01-02 · BUY equity · relative size +0% 2026-01-05 · BUY equity · relative size +1% 2026-01-07 · BUY equity · relative size +0% 2026-01-08 · BUY equity · relative size +10% 2026-01-09 · BUY equity · relative size +5% 2026-01-09 · BUY equity · relative size +5% 2026-01-29 · BUY equity · relative size +100% 2026-02-27 · BUY equity · relative size +10% 2026-04-20 · BUY equity · relative size +8% 2026-04-24 · BUY equity · relative size +15% 2026-05-01 · SELL equity · relative size +0% 2026-05-01 · SELL equity · relative size +50% 2026-05-05 · SELL equity · relative size +87% 2026-05-05 · SELL equity · relative size +25% 2026-05-05 · SELL equity · relative size +10% 2026-05-05 · SELL equity · relative size +26% 2026-05-05 · SELL equity · relative size +74% 2026-05-05 · SELL equity · relative size +4% 2026-05-07 · SELL equity · relative size +46%
241 daily bars since 2025-09-15 Buy Sell Option 43 visible trade events
Portfolio context Tracked position

Latest snapshot: 2026-05-01T15:13:08. Position gain/loss: -39.0%.

43 trade records · 0 option records · 2025-09-15 → 2026-05-07
moat Strong

Over 90% of revenue is IP protected while nearly 90% is purchased on a sole-source basis, creating powerful customer lock-in with DoD and aerospace contractors. Comprehensive vertical integration — engineering, design, analysis, testing, qualificati…

physical / assets Moderate

Manufacturing and engineering facilities supporting high-reliability defense systems production. Recent acquisitions (MTI, ISP, Five Axis Industries) deepen manufacturing capabilities. Assets are valuable primarily for their specialization in defens…

sw / hw SW 15 : HW 85

Growth. 90% sole-source defense revenue and 1.32x book-to-bill sustain 20-25% organic growth as $758M backlog converts across 100+ defense programs. Primary assets. MTI, ISP, Five Axis Industries (acquisitions), sole-source contracts across 100+ def…

Research memory 3 coverage entries

Append-only ticker entries from the internal coverage database.

  1. SW 15 : HW 85

    Growth. 90% sole-source defense revenue and 1.32x book-to-bill sustain 20-25% organic growth as $758M backlog converts across 100+ defense programs. Primary assets. MTI, ISP, Five Axis Industries (acquisitions), sole-source contr…

  2. Moderate

    Manufacturing and engineering facilities supporting high-reliability defense systems production. Recent acquisitions (MTI, ISP, Five Axis Industries) deepen manufacturing capabilities. Assets are valuable primarily for their spec…

  3. Strong

    Over 90% of revenue is IP protected while nearly 90% is purchased on a sole-source basis, creating powerful customer lock-in with DoD and aerospace contractors. Comprehensive vertical integration — engineering, design, analysis,…

Research archive Moat and asset notes
Full portfolio moat / asset analysis

Over 90% of revenue is IP protected while nearly 90% is purchased on a sole-source basis, creating powerful customer lock-in with DoD and aerospace contractors. Comprehensive vertical integration — engineering, design, analysis, testing, qualification, and in-house manufacturing — creates significant barriers. 70+ customers across 100+ defense programs with…

Full portfolio moat / asset analysis

Manufacturing and engineering facilities supporting high-reliability defense systems production. Recent acquisitions (MTI, ISP, Five Axis Industries) deepen manufacturing capabilities. Assets are valuable primarily for their specialization in defense manufacturing rather than intrinsic scarcity.

Coverage feed Latest entries
  1. manual · sw-hw

    Growth. 90% sole-source defense revenue and 1.32x book-to-bill sustain 20-25% organic growth as $758M backlog converts across 100+ defense programs. Primary assets. MTI, ISP, Five Axis Industries (acquisitions), sole-source contr…

  2. manual · physical-assets

    Manufacturing and engineering facilities supporting high-reliability defense systems production. Recent acquisitions (MTI, ISP, Five Axis Industries) deepen manufacturing capabilities. Assets are valuable primarily for their spec…

  3. manual · moat

    Over 90% of revenue is IP protected while nearly 90% is purchased on a sole-source basis, creating powerful customer lock-in with DoD and aerospace contractors. Comprehensive vertical integration — engineering, design, analysis,…

Trade feed Recent records
Date Action Type Relative size
2026-05-07 SELL Equity +46%
2026-05-05 SELL Equity +4%
2026-05-05 SELL Equity +74%
2026-05-05 SELL Equity +26%
2026-05-05 SELL Equity +10%
2026-05-05 SELL Equity +25%
2026-05-05 SELL Equity +87%
2026-05-01 SELL Equity +50%
2026-05-01 SELL Equity +0%
2026-04-24 BUY Equity +15%
2026-04-20 BUY Equity +8%
2026-02-27 BUY Equity +10%
2026-01-29 BUY Equity +100%
2026-01-09 BUY Equity +5%
2026-01-09 BUY Equity +5%
2026-01-08 BUY Equity +10%
2026-01-07 BUY Equity +0%
2026-01-05 BUY Equity +1%
2026-01-02 BUY Equity +0%
2026-01-02 BUY Equity +2%
2025-12-26 BUY Equity +1%
2025-12-22 BUY Equity +1%
2025-12-02 BUY Equity +1%
2025-12-02 BUY Equity +0%

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