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Karman Holdings stock has fallen sharply year to date, yet on the current checks it still screens as expensive rather than a clear bargain, which puts the recent valuation in the spotlight despite positive business headlines. The share price is down 36.5% year to date, which raises the question of whether the recent weakness has meaningfully reset expectations or if the stock is still pricing in a lot of good news. Record recent revenue and inclusion in the S&P SmallCap 600 can support...

An Army official says the Pentagon is working with Anduril and other private defense contractors on hypersonic missile and technology efforts.

Karman Space stock is not cheap, but improving profits make it cheaper than it once was.