KRMN Raises 2026 Outlook on Q3 Revenue Surge and $1.7B Backlog
Karman (NYSE:KRMN) raised its full-year 2026 guidance after posting record third-quarter revenue of $202 million, jumping 66% year-over-year. Driven by robust defense orders and recent acquisitions, the space and defense supplier expanded its forward outlook as order intake bolsters its multi-billion-dollar backlog.
If $KRMN+WL sustains order conversion from its $1.7 billion backlog and meets its raised 2026 guidance, watch for institutional accumulation in aerospace and defense suppliers.