Karman Space & Defense Receives Missile Defense Agency's SHIELD Contract With $151B Ceiling

Karman Space & Defense (NYSE: KRMN) has been awarded a contract by the Missile Defense Agency for the Scalable Homeland Innovative Enterprise Layered Defense (SHIELD) program, with a ceiling value of $151 billion. This indefinite-delivery/indefinite-quantity contract will facilitate the rapid delivery of innovative capabilities to support U.S. defense priorities.