Analyst
KeyBanc Capital Markets
Equibles does not estimate personal net worth.
Michael Leshock is recorded as Analyst at KeyBanc Capital Markets. Michael Leshock has spoken on 16 earnings calls and 1 other investor event across 9 companies, most recently for Karman Holdings Inc. on September 16, 2026. Those appearances were for Rocket Lab Corp (RKLB), Voyager Technologies, Inc. (VOYG), Karman Holdings Inc. (KRMN), Intuitive Machines, Inc. (LUNR), AeroVironment Inc (AVAV) and 4 other companies. The companies whose calls Michael Leshock spoke on are classified in the Industrials sector.
“Maybe just a follow-up on the margins there. I'm curious if you have a sense of what the margin difference is between a second source opportunity and maybe a legacy Carmen sole source program.”
“Just wanted to ask on lunar landers and given NASA's accelerated demand for landers, how quickly can you produce a NOVA-C with your current footprint? And do you see any need to expand capacity further on the lander side to support NASA's initiatives?”
“Maybe just a follow-up on the margins there. I'm curious if you have a sense of what the margin difference is between a second source opportunity and maybe a legacy Carmen sole source program.”
“I wanted to ask on the inventory build up 23% sequentially. Obviously, that was a drag on cash, but what was the biggest driver of that step up? Is it a function of programs shifting into production?”
“I just wanted to clarify the magnitude of NGI. I think you previously said the 2026 revenue contribution would be relatively slattish versus the $50 million in 2025.”
KeyBanc Capital Markets
Analyst
Source not stated
RKLB
Aerospace & Defense · Industrials
KRMN
Aerospace & Defense · Industrials
AVAV
Aerospace & Defense · Industrials
RDW
Aerospace & Defense · Industrials
AIR
Aerospace & Defense · Industrials
