Karman Space & Defense (Trive-backed) Acquires MG Resin Family of Technologies

Trive Capital Forms Karman by Partnering with Aerospace Engineering Corp. and AMRO Fabricating

January 26, 2021

Aerospace & Defense

Dallas-based private equity firm Trive Capital has partnered with the senior leadership teams of Aerospace Engineering Corp. (AEC) and AMRO Fabricating Corporation (AMRO) to form Karman Missile & Space Systems, a new platform supplier for space, missile and hypersonic markets. The combined company operates multiple facilities in greater Los Angeles with additional presence in Washington, D.C. and Huntsville, Alabama; the leadership teams of both legacy businesses remain equity holders and executives in Karman.

Karman Missile & Space Systems Acquires AAE Aerospace

February 9, 2021

Aerospace & Defense

Karman Missile & Space Systems, a Trive Capital portfolio company, has acquired AAE Aerospace, a manufacturer of high-temperature composites used in missile, interceptor, and space propulsion subsystems. The deal expands Karman's end-to-end production capabilities for critical propulsion components and keeps AAE's senior leadership as equity holders; Trive served as the sponsor and advisors included Lazard Middle Market and D.A. Davidson.

Trive-Backed Karman Missile & Space Systems Acquires Systima Technologies

September 24, 2021

Aerospace & Defense

Karman Missile & Space Systems, a platform backed by Trive Capital, has acquired Systima Technologies to expand its capabilities across the space, missile and hypersonic supply chains. The Systima leadership team will remain as equity holders and senior leaders of Karman; the deal is an add-on to the Karman platform to broaden engineering, composite-structure and energetic systems capabilities.

Karman Missile & Space Systems Acquires TMX Engineering

September 21, 2021

Aerospace & Defense

Karman Missile & Space Systems, a Trive Capital-backed platform, has acquired TMX Engineering, a Los Angeles-based precision machining firm. The deal expands Karman's capacity and capabilities in complex precision machining for space, missile, and hypersonic systems; TMX's senior leadership will remain as equity holders.

Karman Space & Defense Acquires Metal Technology Inc. (MTI) for $90M

April 4, 2025

Aerospace & Defense

Karman Space & Defense (Karman Holdings Inc.) acquired Metal Technology Inc. (MTI), a refractory-alloy specialist based in Albany, Oregon, for $90 million in cash. The deal expands Karman's advanced materials and manufacturing capabilities (including additive manufacturing, hot forging and specialized forming) and provides accelerated access to strategic and classified missile defense programs.

Karman Space & Defense Acquires Seemann Composites and MSC

February 8, 2026

Aerospace & Defense

Karman Space & Defense completed the acquisition of Seemann Composites and MSC, establishing a new Maritime Defense Systems end market and adding advanced materials, acoustic coatings and propulsion capabilities. The company amended its credit agreement to increase its incremental term loan to $772 million to fund the transaction and expects the deals to be immediately accretive to 2026 financial metrics.