Karman Holdings is trading 9.1% up at $49.99 following news of its upcoming inclusion in the S&P SmallCap 600 and a strategic investment in its defense production infrastructure.
- The company will officially join the S&P SmallCap 600 index effective before the market opens on Monday, July 17.
- Karman disclosed a $2.7 million expansion of its Pennsylvania facility, designed to significantly increase capacity for space and defense production.