Matthew Fulco
October 31, 2025

Karman rocket

Karman Space & Defense has acquired Five Axis Industries $83 million in cash and $5 million in Karman common shares.

Credit: Konstantin Shaklein/Alamy Stock Image

Karman Space & Defense has acquired Five Axis Industries, a supplier of highly engineered products for commercial space engines, for $83 million in cash and $5 million in Karman common shares. “This acquisition strengthens our core competency in the engineering and manufacturing of mission-critical…

Matthew Fulco

Matthew Fulco is Business Editor for Aviation Week, focusing on commercial aerospace and defense.

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