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Karman Space & Defense Receives $21.3M Northrop Grumman Contract For Proof Of Manufacture Phase Of U.S. Navy's MK 54 Torpedo Fleet Exercise Section Program

Jul 22, 2026 · 09:04 AM ET· updated 1h ago

Karman Space & Defense ("Karman," "Karman Holdings Inc." or "the Company") (NYSE:KRMN), a leader in the rapid design, development and production of critical, next-generation system solutions

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Why It Matters

Karman Space got a $21.3 million contract to help build and test Navy torpedoes. This shows a big customer trusts Karman to do important defense work, which is a sign the company is doing things right.

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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.

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