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Karman Space & Defense Inks Seven-Year, $218M Agreement With Lockheed Martin For Shrouds Offering For Terminal High Altitude Defense Program

Oct 20, 2026 · 07:52 AM ET· updated 1h ago

Karman Space & Defense (NYSE:KRMN) has entered into a seven-year, $218 million agreement with Lockheed Martin to provide shrouds for the Terminal High Altitude Area Defense (THAAD) program.

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Why It Matters

Karman Space won a big seven-year contract worth 218 million dollars. This means the company has steady work ahead and customers trust their products.

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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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