• Karman Holdings won a USD 21.3 million Northrop Grumman contract for the Proof of Manufacture phase of the U.S. Navy’s MK 54 Torpedo Fleet Exercise Section.
• Work covers validating design, manufacturing, and test processes to support transition to low-rate initial production.
• The Fleet Exercise Section replaces the live warhead with a recoverable training assembly for MK 54 anti-submarine warfare exercises.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Karman Holdings Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260722222702) on July 22, 2026, and is solely responsible for the information contained therein.