Karman Holdings, a company specializing in mission-critical systems for defense and space programs, IPO opened at $30, significantly higher than the initial pricing. The company offered 23 million shares at $22 each,

Karman Holdings shares jumped more than 30% in their trading debut after the missile, defense and space systems company's initial public offering was priced above expectations. Karman shares were recently changing hands at $28.78, up 31%, after opening at $30 on Thursday.