Announced

Completed

Karman completed the acquisition of Metal Technology for $90m.

Synopsis

Karman, a fabricator of space and defense systems, completed the acquisition of Metal Technology, an engineered products manufacturer utilizing refractory alloys, for $90m. “We are thrilled to add MTI to the Karman platform. The acquisition represents a natural expansion of our expertise in advanced materials and an opportunity to deliver valuable new capabilities to our customers. MTI is a unique asset within the defense supply chain whose deep capabilities in refractory metals have been on our strategic roadmap for some time. Their customer and programmatic relationships create compelling opportunities to accelerate our growth and create shareholder value,” Tony Koblinski, Karman CEO.

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