Company coverage
Research snapshot 2026-08-31
Research activity
KRMN 43 trade records · 0 option records · 2025-09-15 → 2026-05-07Moat
StrongOver 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
ModerateManufacturing 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…
Software / hardware
Software15%
Hardware85%
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…
- 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…
- 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…
- 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,…
| 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% |
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.
Open the working company page.
Authenticated sessions unlock the live watchlist controls, expanded market-data views, add-note workflow, and full internal timeline.