InfraDefenceThe capital behind defence.
M&A · Completed · 5 Feb 2026

Karman acquisition of Seemann Composites and Materials Sciences

Karman bought two composite structures makers for US Navy programmes.

Company
Seemann Composites and Materials Sciences
Type
M&A
Status
Completed
Date
5 Feb 2026
Value
US$220m
Value basis
US$220m
Region
US
Segment
Naval and maritime

Parties

Key terms

Price
US$220m
Agreed
7 Jan 2026

Sources

  1. Karman 8-K: agreement to acquire Seemann Composites and Materials Sciences sec.gov · 7 Jan 2026
  2. Karman 8-K: completion of acquisition sec.gov · 6 Feb 2026

Record DEF-INV-2026-0003. Investments are kept apart from the financings register and never counted in debt totals.

Randeep Bubbra
InfraDefence Weekly

The week in defence finance, read from the filings.

Deals, terms and the clauses behind them, for the people financing primes, mid-tiers and new defence technology. By Randeep Bubbra.

Working on a financing like this? Book 20 minutes with Randeep to see how it compares.

Newsletters

Weekly, one email. Work email only. Unsubscribe any time. Privacy.