Walker Precision Engineering to join Karman in major transatlantic deal

Walker Precision Engineering to join Karman in major transatlantic deal

BGF, the UK and Ireland’s most active growth investor, has agreed to sell Walker Precision Engineering to Karman Space & Defense, marking a significant cross-border deal in the aerospace and defence sector. The transaction will see US-headquartered Karman (NYSE: KRMN), a leader in integrated systems for space and defence applications, acquire the Essex-based manufacturer as part of its global expansion strategy. The deal provides Karman with a s…

Karman acquisition expands European aerospace manufacturing base

Karman Space & Defense has agreed to acquire Walker Precision Engineering, giving the US aerospace and defence manufacturer an established production base in the UK and mainland Europe. The transaction follows a binding agreement by growth investor BGF to sell its interest in Glasgow-headquartered Walker, which manufactures mission-critical components for aerospace, defence, and space customers. Financial terms have not been disclosed. Founded i…