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Karman Space & Defense signs a $218 million agreement with Lockheed Martin to support THAAD interceptor production.

Oct 24, 2026

Contract Type

agreement

Gulfport

Description

Karman Space & Defense has entered into a seven-year, $218 million agreement with Lockheed Martin to manufacture protective shrouds for THAAD interceptors. This commitment is aimed at expanding Karman's manufacturing capacity to meet the rising demand for missile defense capabilities.

Company Information

Company

Karman Space and Defense

Location

Gulfport, Mississippi, United States

About

Karman Space and Defense is an industry leader in the rapid design, development, and production of critical, next-generation system solutions. The company aligns its operations with the U.S. Department of War’s core mission priorities and the increasing demand for access to space. Karman delivers advanced solutions across all domains with greater speed and agility.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.