Los Angeles (June 3, 2025)—Jeffer Mangels Butler & Mitchell LLP (JMBM) announced today that it represented RCS Rocket Motor Components, Inc., doing business as Industrial Solid Propulsion (“ISP”), in its sale to Karman Space & Defense (“Karman”). ISP is a provider of small-diameter energetic and propulsion technologies, with more than 40 years of flight-proven expertise in the design, testing and manufacturing of tactical boost motors, solid rocket propellant gas generators, and other specialty solid propulsion systems. Karman is a leader in the rapid design, development and production of critical, next-generation system solutions for launch vehicle, satellite, spacecraft, missile defense, hypersonic and UAS customers.
JMBM partner David Ma led the team representing ISP in the deal, with support from William Newman, Donny Wiesel, Jamie Ogden, Nathan Shaw, Sara Baird and Noah Soofer.
“We congratulate Gary Rosenfield and the entire ISP team for a successful sale to Karman,” said David Ma. “We are proud to have served as counsel to ISP and look forward to seeing great things from the collective teams at Karman and ISP.”
“We have been working collaboratively with ISP on a number of exciting opportunities for many months and believe that ISP is a natural, strategic fit within the Karman portfolio,” Tony Koblinski, Karman Chief Executive Officer, said in a press release. “This acquisition strengthens our core competency in energetics, expands our offering in small-diameter solid propellant technologies and will allow us to serve our customers even better.”
KAL Capital served as ISP’s investment banker on the transaction.