Karman Holdings Inc.

Thank you for standing by and welcome to the Carmen Space and Defense fourth quarter in full fiscal year 2025 earnings conference call. All lines have been placed on mute to prevent any background noise. After the speaker's remarks, there will be a question and answer session. If you would like to ask a question during that time, simply press star, then the number one on your telephone keypad. I now like to turn the call over to Stephen Gitlin, Senior Vice President of Investor Relations. You may begin.

Good afternoon, and thank you for joining Carmen's Space and Defense's fourth quarter and full fiscal year 2025 earnings conference call. I'm Stephen Gitlin, Senior Vice President of Investor Relations and Corporate Communications, and I'm pleased to welcome you today. Joining me on today's call are John Rambo, our new Chief Executive Officer, Tony Koblinski, our Director and former Chief Executive Officer, Mike Willis, our Chief Financial Officer, and Jonathan Beaudoin, our Chief Operating Officer. Before we begin, please note that on this call, certain information presented contains forward-looking statements that are based on current expectations, forecasts, and assumptions, and that involve risks and uncertainties. These are described on page two of the earnings presentation we posted to our website this afternoon, and in detail in Carmen's reports filed with the SEC and the Form 8K filed today with the SEC. I'd also like to note that we will discuss a number of non-GAAP financial measures today. Our press release, which we filed today, can also be found under the heading News and Events on the Investors section of our company website and contains a reconciliation of any non-GAAP financial measure to the most comparable GAAP measure. The content of this conference call contains time-sensitive information that is accurate only as of today, March 25, 2026. The company undertakes no obligation to make any revision to any forward-looking statements contained in our remarks today or to update them to reflect the events or circumstances occurring after this conference call. Now, I would like to turn the call over to John Rambo.

Well, thank you, Steve, and good afternoon. I'm excited to be with you all today as I assume my new role with Carmen. I'm honored to have the opportunity to lead this impressive team and to represent them with more than 80 customers across the entire space and defense landscape. Carmen's market position described on page three and its track record of success combined with its winning profitable growth algorithm make this a very special company and a compelling opportunity. I've been working in defense for over 30 years and I can't remember the last time I was this excited. Carmen's deep engineering expertise and vertically integrated full spectrum manufacturing capabilities position the company as a unique enabler for national security and the growing space economy. Carmen's values resonate with me and none of them more than be relentless. Given that this is my first week in the role, I've asked Tony to summarize the strong financial and operational results the Carmen team delivered in 2025 under his leadership. Tony.