Karman Holdings Publishes Q3 2026 Earnings Call Transcript

By Public Technologies
  • Karman raised its fiscal 2026 revenue forecast to $755 million-$760 million, primarily reflecting stronger performance rather than its Walker acquisition.
  • Adjusted EBITDA guidance increased to $225 million-$227 million; third-quarter revenue reached $202 million.
  • Backlog reached $1.7 billion, including a $218 million long-term agreement with Lockheed Martin for THAAD missile shrouds.
  • Management expects 2027 organic revenue growth of 20%-25%, with adjusted EBITDA margins of 30%.
  • The November 5, 2026, third-quarter earnings call featured CEO Jon Rambeau, CFO Chris Boynton, COO Jonathan Beaudoin and analysts.


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