Jul. 24 at 1:38 PM
🚀 I am Long
$KRMN
(Karman Holdings)
$49.89. I had it on my radar for long time and waited for it to reset. #Karman is a high-quality Space & Defense compounder that set for a potential bounce, while Aerospace/Defense
$ITA
show Relative Strength.
🔹 The Ultimate Defense Moat: Karman dominates the "pick-and-shovel" space pipeline. An incredible 87% of their revenue is locked into sole-source contracts with defense giants like Northrop Grumman
$NOC
. Once they are engineered in, they face virtually zero threat of replacement.
🔹 Explosive Top-Line Growth: Delivering a massive ~51% YoY Q revenue growth rate driven by intense demand for missile propulsion and payload protection. Gross margin was 42% and Backlog above
$1B. Multiple growth streams came across hypersonics, space & launch, tactical missiles, and maritime defense. They outpace peers like #Kratos
$KTOS (i like also) and StandardAero
$SARO
when it comes to raw operational efficiency.
