Paligen Technologies

What Paligen Technologies does

Paligen Technologies is a privately held U.S. defense manufacturer headquartered in Tampa, Florida, operating manufacturing and engineering sites across Florida, Kentucky, and Texas. The company was formed in February 2024 as REPKON USA Holdings, Inc. and rebranded in 2026, organizing its operations into three divisions: Aerospace & Defense (MK-80 Series bomb bodies, SDB and JASSM warheads, medium-caliber ammunition, and load/assemble/pack services), Chemical Technologies (TNT, RDX, HMX, IMX-104, Comp. B, PBX formulations, single/double/triple-base propellants, nitrocellulose, and nitroglycerin, plus turn-key facility design, construction, and operations), and McCormick Stevenson (engineering services for missile components, weapons, ordnance handling, and unmanned systems). Paligen is notable for operating the first U.S. domestic TNT production capability since the 1980s, supported by a $435 million U.S. Army contract awarded in November 2024 for construction and operation of a new facility in Graham, Kentucky.

The company generates revenue through U.S. Department of Defense contracts, competitive government bidding, and strategic partnerships. Its customer base is concentrated within the U.S. military — Army, Air Force, and Navy — plus allied nations served through export licensing. Major revenue anchors include the multi-year TNT facility construction and operating contract, hardware sales of qualified bomb and warhead components, and the Nitradyn joint venture with Dyno Nobel for high explosives and propellants. Recent inorganic growth has come through the acquisition of General Dynamics' 38-acre Garland Operations manufacturing facility in Texas and the acquisition of McCormick Stevenson Corporation, both in 2025. As of March 2025, Paligen employed approximately 400 people, with go-to-market executed through direct enterprise field sales and partnership channels such as the 2026 strategic alliance with CBC Global Ammunition for medium-caliber ammunition programs.

Name

Paligen Technologies

Legal name

Paligen Technologies, Inc.

Website

https://paligentech.com

Company type

Private

Founded year

2024

Operating status

Operating

Short description

Paligen Technologies is a privately held U.S. defense manufacturer producing munitions, warheads, energetic materials, and precision forged components for the U.S. Army, Air Force, Navy, and allied nations. The company operates the first U.S. domestic TNT production facility since the 1980s.

Ownership category

akta.pro rank

NAICS

Guided Missile and Space Vehicle Manufacturing (336414), Other Guided Missile and Space Vehicle Parts and Auxiliary Equipment Manufacturing (336419)

SIC

Guided Missiles & Space Vehicles & Parts (3760), Ordnance & Accessories, (No Vehicles/Guided Missiles) (3480)

akta.pro primary industry

Rocket Motors, Propellants & Warhead Integration (IMABAHAC)

Keywords

• Defense munitions manufacturing
• Energetic materials production
• Aerospace defense components
• Chemical manufacturing facilities
• Military explosives supply

Headquarters

HQ city

Tampa

HQ country

United States

HQ region

North America

Offices4 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Supply Chain, Operations, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. U.S. Government Defense Contracts: Paligen Technologies generates primary revenue through large-scale U.S. government defense contracts, including a $435 million Army contract for TNT facility construction and operation, and contracts for munitions manufacturing including 155mm artillery combustible cartridge cases.
2. Munitions and Aerospace Component Manufacturing: Production and delivery of defense products including bomb bodies, warheads, missile components, and aerospace components for the U.S. military and allied nations.
3. Chemical Facility Design and Construction Services: Turn-key design and construction of energetic manufacturing facilities, including the first U.S. domestic TNT facility since the 1980s, with potential for long-term facility operation contracts.
4. Joint Venture Operations (Nitradyn): Revenue from the Nitradyn joint venture with Dyno Nobel for designing, building, and manufacturing high explosives, propellants, and energetic materials for defense and industrial customers.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Paligen Technologies manufactures munitions, energetic materials, and aerospace and defense components for U.S. and allied military customers. The company also designs and delivers turn-key chemical manufacturing facilities. Its operations span divisions covering Aerospace & Defense, Chemical Technologies, and the McCormick Stevenson heritage business, supplying propellants, explosives, and pyrotechnics to defense and industrial end users.

Product overview

Paligen Technologies is a defense manufacturing company organized into three primary divisions: Paligen Aerospace & Defense, Paligen Chemical, and McCormick Stevenson. The company operates a diversified portfolio spanning air-delivered ordnance (MK-80 Series bomb bodies, SDB warheads, JASSM warheads), medium caliber ammunition, energetic materials manufacturing (TNT, IMX-104, Comp. B, PBX, RDX/HMX, propellants, nitrocellulose, nitroglycerin), facility construction and operations, and precision metal forgings. The McCormick Stevenson subsidiary provides specialized engineering services including missile components, weapons, ammunition, defense prototyping, and unmanned systems. Through the Nitradyn joint venture with Dyno Nobel, Paligen produces advanced energetics for defense and industrial customers. The company serves U.S. military branches, allied nations, and operates domestic manufacturing facilities in Florida, Kentucky, and Texas.

Differentiator

Problem solved

Functional benefit

Brands

• McCormick Stevenson: Independent division of Paligen Technologies offering mechanical engineering expertise across the entire product development cycle, specializing in armament systems, missile components, weapons, ammunition, and defense electronics.

Products and services

• Munitions and Energetic Materials
• Aerospace and Defense Components
• Turn-Key Chemical Manufacturing Facilities

Named customers5 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Five partnerships are on record, tiered core and minor.

• CBC Global AmmunitioncoreStrategic or Co-development Partner · 16 June 2026Strategic Alliance Agreement signed at Eurosatory in Paris to jointly pursue medium-caliber ammunition opportunities for U.S. government programs. The partnership combines CBC's manufacturing scale with Paligen's engineering expertise to compete in a market historically dominated by General Dynamics, targeting tactical and training rounds for platforms like the Bradley fighting vehicle and Apache helicopter.
• Dyno NobelcoreStrategic or Co-development Partner · 9 October 2025Joint venture called Nitradyn, LLC to design, build, and manufacture high explosives, propellants, and energetic materials for defense and industrial customers in North America. Combines REPKON USA's engineering capabilities with Dyno Nobel's 160 years of explosive manufacturing leadership. Nitradyn will also support the existing TNT facility project in Kentucky.
• General Dynamics Ordnance and Tactical Systems (Garland Operations)coreTechnology or Integration · 27 March 2025Acquisition of GD-OTS Garland Operations, a 38-acre manufacturing facility that manufactures metal parts for defense and aerospace applications. This provides Paligen with large-scale heavy manufacturing footprint for implementing advanced manufacturing techniques.
• McCormick Stevenson CorporationcoreTechnology or Integration · 17 March 2025Acquisition of McCormick Stevenson Corporation, an engineering services and design firm specializing in munitions and defense applications. McCormick Stevenson continues as an independent division while serving REPKON USA's internal engineering and program management functions. The acquisition adds engineering talent and program management strength.
• BAE Systems UK and Repkon Holdings A.S.minorStrategic or Co-development Partner · 1 February 2025Strategic Memorandum of Understanding relating to munitions and energetics signed at International Defense Exposition (IDEX) in UAE. Partnership involves BAE Systems UK and Repkon Holdings A.S. (Türkiye) though Paligen Technologies is a separate independent company.

Scale indicators4 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Nammo: Nordic aerospace and ammunition manufacturer producing tactical missile motors, rocket motors, and medium/large caliber ammunition. Comparable as a Western defense energetic and ammunition manufacturer with both domestic production and allied export focus.
• Dyno Nobel: Global leader in commercial explosives manufacturing with 160+ years of energetic materials expertise and Paligen's joint-venture partner in Nitradyn. Direct peer in explosives/propellants chemistry with industrial and defense customers.
• BAE Systems Ordnance Systems: Major U.S. producer of conventional munitions, energetics, and precision-guided weapons. Competes head-to-head with Paligen on artillery, mortar, and air-delivered ordnance programs for U.S. DoD and allied customers.
• Chemring Group: UK-based defense manufacturer specializing in energetic materials, countermeasures, and detection equipment. Direct peer in propellants, explosives, and chemical facility operations serving defense customers.
• Day & Zimmermann: Operates the U.S. Army's Holston Army Ammunition Plant producing military explosives, propellants, and TNT. Direct peer in domestic military-grade explosives production and ammunition manufacturing services for DoD.
• General Dynamics Ordnance and Tactical Systems: Subsidiary of General Dynamics producing bombs, warheads, and tactical munitions for U.S. and allied militaries. Direct competitor in MK-80 family and medium-caliber ammunition markets, and the seller of Paligen's Garland Operations facility.
• Eurenco: European leader in military-grade energetic materials including TNT, RDX, HMX, and nitrocellulose. Direct peer in the niche of TNT/energetic materials production that Paligen is re-entering domestically in the U.S.
• CBC Global Ammunition: Global ammunition manufacturer and Paligen's strategic alliance partner for medium-caliber ammunition. Direct peer in defense ammunition with complementary manufacturing scale, and a competitor in adjacent U.S. ammunition markets.

Broad incumbents

• Aerojet Rocketdyne (L3Harris): Major propulsion and energetics provider within L3Harris producing rocket motors, propellants, and warhead-related technologies. Overlaps with Paligen's energetic materials and propellants business but operates across a broader aerospace portfolio.
• Rheinmetall Defence: European defense prime with broad ammunition, propellant charges, and weapons systems portfolio. Comparable in artillery ammunition and propellants; broader incumbent competing for allied-nation export business Paligen also targets.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat6 records

Key risks6 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/watch?v=5Lx8vifDnWQ

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Paligen Technologies