Haynes Boone advised Karman Space & Defense on government contracts and national security aspects of its acquisition of Seemann Composites and Material Sciences LLC, a significant expansion into the strategic maritime defense sector. The firm worked in coordination with Willkie Farr & Gallagher LLP, which led primary diligence on the transaction.
The team was led by Partners Zach Prince and Dan Ramish, co-heads of the firm’s Government Contracts Transactions Practice, who advised on transaction-specific government contracts and national security considerations. They were supported by Associate Michael Maroulis.
Karman’s acquisition of Seemann and MSC—providers of advanced composite systems and proprietary solutions for naval defense programs—marks a continued focus on building vertical integration and expanding access to high-priority U.S. Navy initiatives.
“We were pleased to support Karman on a transaction that aligns with its long-term strategy,” Prince said. “These types of deals require close collaboration and nuanced understanding of how government contracts intersect with complex corporate transactions, and we appreciated the opportunity to help advance Karman’s objectives.”
The transaction follows Karman’s earlier acquisitions of MG Resin and MTI and expands its footprint in submarine, USV/UUV and tactical surface vessel technologies.
Haynes Boone’s Government Contracts Transactions team provides counsel on mergers and acquisitions, joint ventures, loans, spin-offs and other corporate transactions involving government contractors. Working alongside the firm’s corporate lawyers and external deal teams, the group advises defense, technology and private equity clients on regulatory risks, due diligence and structuring considerations in highly regulated environments. The team brings deep experience and market insight to deals involving national security, federal assistance, small-business regulations and compliance matters critical to successful closings.
