Overview
- Karman reported first‑quarter revenue of $151 million, up 51% from a year ago, with record gross profit and adjusted EBITDA.
- Management raised full‑year revenue guidance to $720–$735 million, citing strong booked work and firmer defense demand.
- Roughly half of the quarter’s growth came from the Siemen Composites and MSC deals, and the company plans one to two acquisitions per year.
- The company outlined a backlog above $1 billion and said multi‑year production commitments could generate more than $1 billion in revenue.
- Capacity is growing with a new Salt Lake City facility, and leaders said supply chains and hiring are not major constraints as production ramps.