Karman to Acquire Seemann Composites, Materials Sciences

Karman To Acquire Composites And Material Sciences Companies To Boost Navy Work

Karman Space & Defense [KRMN] on Wednesday said it has agreed to acquire Seeman Composites and Materials Sciences, LLC, for $220 million combined in deals that further Karman’s work with […]

Karman to acquire Seemann Composites and MSC in $220m deal

Karman Space & Defense (Karman) has signed a cash and stock deal worth $220m to acquire specialty maritime defence technologies providers Seemann Composites and Materials Sciences Corporation (MSC).The post Karman to acquire Seemann Composites and MSC in $220m deal appeared first on Naval Technology.

Karman to Acquire Seemann Composites, Materials Sciences

Karman Space & Defense has reached an agreement to acquire Seemann Composites and Materials Sciences. Karman said Wednesday that the move is designed to scale its support for the U.S. Navy’s modernization efforts, targeting high-priority programs in submarine technology and unmanned naval systems. The $220 million transaction is split between $210 million in cash and