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KRMN karman space & Defense expands into international market with agreement to acquire glasgow-headquartered walker Precision engineering,

KRMN karman space & Defense expands into international market with agreement to acquire glasgow-headquartered walker Precision engineering, a leading supplier to the European missile industry, for $94M Karman - acquisition expected to be immediately accretive to revenue, backlog, adj EBITDA, adj EPS and cash flow

SquawkNews Newsroom 1 updates Updated Jul 20, 2026, 12:36 PM UTC

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12:36:55 PM UTC
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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 systems that align with the core mission priorities of the U.S. Department of War and its allies, and meet the accelerating demand for access to space, today announced an agreement to acquire Glasgow-headquartered Walker Precision Engineering ("Walker") for total consideration of approximately $94 million or £70 million.

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 systems that align with the core mission priorities of the U.S.

Department of War and its allies, and meet the accelerating demand for access to space, today announced an agreement to acquire Glasgow-headquartered Walker Precision Engineering ("Walker") for total consideration of approximately $94 million or £70 million.