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Karman Holdings Inc. Common Stock is the equity of Karman Holdings Inc., an aerospace and defense company focused on mission-critical systems for missile, hypersonic, space, and launch applications. Karman Holdings designs, tests, manufactures, and sells payload protection and deployment systems, aerodynamic interstage systems, and propulsion systems that support complex flight programs. Its products also include metallic and composite flight hardware, sub-assemblies, and other engineered components used in launch vehicle, satellite, spacecraft, and missile defense environments. The company serves customers across hypersonics and strategic missile defense, tactical missile and integrated defense systems, and space and launch markets. Headquartered in Huntington Beach, California, Karman Holdings plays a specialized role in supplying hardware and integrated solutions for demanding aerospace and defense programs.