Kaman

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Kaman to be acquired by private equity firm for $1.8 Billion

Kaman to be acquired by private equity firm for $1.8 Billion

22-Jan-2024Source: Kaman

Kaman Corp. (NYSE:KAMN) (“Kaman” or the “Company”) announced that it has entered into a definitive agreement to be acquired by Arcline Investment Management, L.P. (“Arcline”), a growth-oriented private equity firm with deep experience investing in technology-driven, meaningful-to-the-world industrial businesses, in an all-cash transaction with a total enterprise value of approximately $1.8 billion. Upon completion of... Read more

Near Earth Autonomy and Kaman awarded US Army eVTOL demo contract

Near Earth Autonomy and Kaman awarded US Army eVTOL demo contract

11-Oct-2023Source: Kaman

Near Earth Autonomy, Inc. (Near Earth) and Kaman Air Vehicles, a division of Kaman Corporation (NYSE: KAMN), announced that they have been awarded a contract by the U.S. Army to demonstrate a resupply uncrewed aerial system (UAS) capable of moving loads with a minimum of 800 pounds and flying distances over 100 miles. This heavy-lift... Read more

Kaman and PHI Aviation Announce Commercial Agreement

Kaman and PHI Aviation Announce Commercial Agreement

8-Mar-2023Source: Kaman

Kaman Corporation (NYSE: KAMN) and PHI Aviation LLC (“PHI”) announced at the 2023 HAI Heli-Expo that Kaman’s subsidiary, Kaman Aerospace Corporation (“Kaman”) and PHI have entered into a master commercial agreement for the promotion, sales and support of a commercial version of Kaman’s KARGO UAVTM unmanned aerial system, including collaboration relating to its ongoing design and... Read more

Kaman announces end of K-Max production

Kaman announces end of K-Max production

19-Jan-2023Source: HeliHub.com

Kaman have announced the next phase in its portfolio reshaping efforts to optimize its cost structure, focus resources on the most compelling growth opportunities, improve financial performance and position Kaman to deliver sustainable shareholder value. As part of a company wide announcement, they included the following Over the past 30 years, Kaman has designed and... Read more

North American Helicopter and Kaman sign purchase agreement

North American Helicopter and Kaman sign purchase agreement

21-Oct-2022Source: Kaman

  Kaman Air Vehicles, a division of Kaman Corporation (NYSE: KAMN), announced the receipt of a signed purchase agreement from North American Helicopter for a K-MAX® medium-to-heavy lift helicopter with delivery expected in the fourth quarter of 2022. “North American Helicopter has been a highly respected operator for more than 55 years and we appreciate the... Read more

US Marines selects Kaman to build Cargo UAS prototype

US Marines selects Kaman to build Cargo UAS prototype

13-Oct-2022Source: Kaman

  Kaman Air Vehicles, a division of Kaman Corporation (NYSE:KAMN) announced that they have been selected to build a logistics UAS prototype for the United States Marine Corps. Kaman will build a funded military version of its KARGO UAV, a purpose-built autonomous medium-lift logistics vehicle. KARGO UAV carries up to 800 pounds of payload and... Read more

Kaman to Address Gabelli Funds 28th Annual Aerospace & Defense Symposium

Kaman to Address Gabelli Funds 28th Annual Aerospace & Defense Symposium

5-Sep-2022Source: Kaman

Kaman Corporation (NYSE:KAMN) announced that Ian Walsh, Chairman, President and Chief Executive Officer, will present at the Gabelli Funds 28th Annual Aerospace & Defense Symposium on Thursday, September 8, 2022. Jamie Coogan, Senior Vice President and Chief Financial Officer will also participate in the event. The presentation will be broadcast live via the internet. To access... Read more

Kaman appoints new President of Air Vehicles division

Kaman appoints new President of Air Vehicles division

8-Jul-2022Source: Kaman

  Kaman Corporation (NYSE: KAMN) announced today that Carroll K. Lane has been appointed a Senior Vice President of Kaman Corporation and President of its Air Vehicles and Precision Products divisions. Mr. Lane joins Kaman from Pratt & Whitney where he was the President of Commercial Engines and led the development, program management, and aftermarket... Read more

Kaman Corporation Appoints New Director

Kaman Corporation Appoints New Director

10-Jun-2022Source: Kaman

  Kaman Corporation (NYSE:KAMN) announced that Niharika Taskar Ramdev has been appointed to its Board of Directors. Ms. Ramdev is a highly qualified finance executive with global work experience in the United States, India, China, and Singapore. “We are extremely pleased to welcome Niharika to our Board of Directors,” said Ian Walsh, Chairman, President and... Read more

KAMAN receives follow-on award for HH-60W cockpit

KAMAN receives follow-on award for HH-60W cockpit

14-Apr-2022Source: Kaman

Kaman Aerospace Group, Inc., a subsidiary of Kaman Corporation (NYSE: KAMN), announced that its Kaman Aerospace Jacksonville Division located in Jacksonville, Florida (Kaman) has received a follow on award from Sikorsky, a Lockheed Martin company (NYSE: LMT), for the HH-60W Combat Rescue Helicopter (CRH) cockpit. This award secures deliveries of the HH-60W cockpit from 2022... Read more

Kaman receives follow-on HH-60W Cockpit contract

Kaman receives follow-on HH-60W Cockpit contract

8-Mar-2022Source: Kaman

Kaman Aerospace Group, Inc., a subsidiary of Kaman Corporation (NYSE: KAMN), announced that its Kaman Aerospace Jacksonville Division located in Jacksonville, Florida (Kaman) has received a follow on award from Sikorsky, a Lockheed Martin company (NYSE: LMT), for the HH-60W Combat Rescue Helicopter (CRH) cockpit. This award secures deliveries of the HH-60W cockpit from 2022... Read more

Kamatics extends helicopter gearbox life using composites

Kamatics extends helicopter gearbox life using composites

24-Feb-2022Source: Kamatics

Kamatics Corporation, a Kaman business (NYSE: KAMN), announced that it is introducing new P-54 contoured, anti-wear components for the maintenance, repair, and overhaul (MRO) of legacy helicopter gearboxes. P-54 is a unique composite that can be adhered to substrates where the surface is prone to abrasion, fretting wear, impact damage, or other harsh environmental conditions.... Read more

Kaman Announces new K-MAX® orders

Kaman Announces new K-MAX® orders

3-Nov-2021Source: Kaman

Kaman Air Vehicles, a division of Kaman Corporation (NYSE:KAMN), announced the receipt of signed purchase agreements for two K-MAX® medium-to-heavy lift helicopters with deliveries expected in the fourth quarter of 2021. The operators are located in the U.S. and Canada. “We are thrilled that the K-MAX® continues to be the helicopter of choice for external... Read more

Kamatics receives contract for titanium from unnamed eVTOL company

Kamatics receives contract for titanium from unnamed eVTOL company

3-Nov-2021Source: Kaman

Kaman (NYSE: KAMN) announces that its subsidiary Kamatics Corporation (“Kamatics”) received an initial award to provide components manufactured using its proprietary Titanium Diffusion Hardening process (“TDH”) to a leading eVTOL manufacturer. Kaman’s TDH process opens up new engineered applications by providing the lightweight and high strength benefits of titanium alloys while improving surface hardness, durability,... Read more

EASA Awards Kaman Composites Part 145 Certification

EASA Awards Kaman Composites Part 145 Certification

13-Oct-2021Source: Kaman

Kaman Composites – Wichita, Inc., an indirect subsidiary of Kaman Corporation (NYSE:KAMN), announced today that its FAA Part 145 Repair Station in Wichita, Kansas, has earned European Union Aviation Safety Agency (EASA) approval for composite structures repair. “This approval is just one step in the process of offering more composite repair capabilities to the commercial... Read more

04-Oct-21 C-FZVM Kaman K-Max Killam Bay, Canada (1F)

04-Oct-21 C-FZVM Kaman K-Max Killam Bay, Canada (1F)

4-Oct-2021

During logging operations, the helicopter crashed into the water and sank.  Pilot assumed drowned... Read more

Kaman Completes Delivery of 1500th Inlet Unit for Boeing CH-47 Program

Kaman Completes Delivery of 1500th Inlet Unit for Boeing CH-47 Program

29-Sep-2021Source: Kaman

Kaman Composites – Wichita, Inc., an indirect subsidiary of Kaman Corporation (NYSE:KAMN), celebrated the delivery of the 1500th inlet unit for the CH-47 Boeing Program at the end of August. Originally developed in the late 1950s, the well-known Chinook CH-47 is among the heaviest lifting helicopters in operation today. “The CH-47 inlets exemplify our strong... Read more

Kaman Unveils New Medium Lift UAV

Kaman Unveils New Medium Lift UAV

23-Sep-2021Source: Kaman

Kaman Corporation (NYSE: KAMN) unveiled the KARGO UAV, the newest addition to its family of purpose-built, autonomous unmanned systems designed to be the new standard for expeditionary logistics. Built with the U.S. Armed Forces future operating concepts in mind, the KARGO UAV offers a rugged design for easy transport and deployment. The system’s compact form-factor... Read more

Kaman to build Vy500 VTOL for Transcend Air

Kaman to build Vy500 VTOL for Transcend Air

16-Aug-2021Source: Kaman

Kaman Corporation (NYSE: KAMN) announced that its subsidiary, Kaman Aerospace Group, Inc., has been selected by Transcend Air Corporation to build the Vy 400 High Speed Vertical Takeoff and Landing (HSVTOL) aircraft. The Vy 400 design is optimized to reduce the current time and cost barriers for regional city-to-city travel. The vertical takeoff and landing... Read more

Kaman announces new SVP/CFO

Kaman announces new SVP/CFO

13-Jul-2021Source: Kaman

Kaman Corporation (NYSE:KAMN) (the “Company”) announced the appointment of James Coogan as Senior Vice President and Chief Financial Officer, effective immediately. Mr. Coogan, who served as the Vice President, Investor Relations and Corporate Development of Kaman, will succeed Robert Starr. Mr. Starr will continue to be employed by the Company through July 31, 2021, as... Read more

Kaman Announces First Flight of Unmanned K-MAX TITAN™

Kaman Announces First Flight of Unmanned K-MAX TITAN™

23-Apr-2021Source: Kaman

Kaman Air Vehicles, a division of Kaman Aerospace Corporation, announced the first flight of its new unmanned helicopter, the K-MAX TITAN™. The world’s first heavy lift unmanned helicopter for the commercial market, K-MAX TITAN™ leads the way in repetitive, heavy lift without the constraints of manned operations. With a focus on enabling safety and operational... Read more

Kamatics expects STC soon for Bell 212/412 KAflex drive shaft

Kamatics expects STC soon for Bell 212/412 KAflex drive shaft

9-Apr-2021Source: Kaman

Kamatics Corporation – Bloomfield, Connecticut, a Kaman business (NYSE:KAMN), is in the final stages of introducing a KAflex® drive shaft Supplemental Type Certificate (STC) for the Bell models 212/412/SP helicopters. Developed in close coordination with Bell and designed to achieve very low operating costs, this drive shaft has no moving parts, requires no maintenance and... Read more

Kaman Composites Wichita announces MH-47 contract

Kaman Composites Wichita announces MH-47 contract

25-Mar-2021Source: Kaman

Kaman Composites – Wichita, Inc., a division of Kaman Corporation (NYSE:KAMN), announced that it has been awarded a contract by Boeing to manufacture the refueling boom assembly for the MH-47 program. The MH-47 is an inflight refuelable version of the CH-47 Chinook helicopter. The boom assemblies will support MH-47 new-build production, as well as MH-47... Read more

Kaman Delivers New K-MAX® to Black Tusk Helicopter

Kaman Delivers New K-MAX® to Black Tusk Helicopter

16-Mar-2021Source: Kaman

Kaman Air Vehicles, a division of Kaman Corporation (NYSE:KAMN), announced it delivered a new medium-to-heavy lift K-MAX® helicopter to Black Tusk Helicopter Inc. of Squamish, BC, Canada. Black Tusk performs various external lift projects of every scale, ranging from aerial timber harvesting, ski tower setting, firefighting, and hydroelectric projects. “Black Tusk is a highly respected operator... Read more

Kaman announces date for 2020 Q4 results

Kaman announces date for 2020 Q4 results

12-Feb-2021Source: Kaman

Kaman Corp. (NYSE:KAMN) announced that it will report its fourth quarter 2020 results after the stock market closes on Thursday, February 25, 2021, and host a live webcast and conference call at 8:30 am ET on Friday, February 26, 2021. In addition, a supplemental presentation relating to the fourth quarter and full year 2020 results... Read more

Kaman Announces New Order for the K-MAX®

Kaman Announces New Order for the K-MAX®

22-Jan-2021Source: Kaman

Kaman Air Vehicles, a division of Kaman Corporation (NYSE:KAMN), announced the receipt of a signed purchase agreement for a K-MAX® medium-to-heavy lift helicopter. Delivery of this aircraft is expected in the first quarter of 2021 and follows the delivery of two aircraft in the fourth quarter of 2020. We continue to see demand and interest... Read more

Kaman K-1200 K-MAX Helicopter Achieves Brazil Type Certification

Kaman K-1200 K-MAX Helicopter Achieves Brazil Type Certification

7-Jan-2021Source: Kaman

Kaman Air Vehicles, a division of Kaman Corporation (NYSE: KAMN), today announced that the Agencia Nacional de Aviação Civil (ANAC) in Brazil has issued the Type Certificate for the Kaman K-1200 K-MAX® helicopter. Kaman has been marketing the K-MAX® helicopter to various Brazilian operators, power line, oil and gas firms, and engineering companies over the... Read more

Kaman Appoints Chief Operating Officer

Kaman Appoints Chief Operating Officer

7-Jan-2021Source: Kaman

Kaman Corp. (NYSE:KAMN) today announced that Russell J. Bartlett has been named the Company’s Chief Operating Officer, effective January 4, 2021. Prior to joining Kaman Mr. Bartlett served as President and Chief Executive Officer of Textron Airborne Solutions, a division of Textron Inc. Before that, he held increasing positions of responsibility at Beechcraft Corporation ending... Read more

Kaman Appoints M. Samson Chief Marketing Officer

Kaman Appoints M. Samson Chief Marketing Officer

6-Jan-2021Source: Kaman

Kaman Corp. (NYSE:KAMN) announced that Kristen M. Samson, has been named the Company’s Chief Marketing Officer, effective January 18, 2021. Mrs. Samson joins Kaman from Textron Inc. where she served as the Vice President of Marketing and Communications for Textron Systems. Also, while at Textron, she served as the Vice President of Marketing and Communications for... Read more

Kaman announces date for 2020Q3 earnings

Kaman announces date for 2020Q3 earnings

23-Oct-2020Source: Kaman

Kaman Corp. (NYSE:KAMN) announced that it will report its third quarter 2020 results after the stock market closes on Wednesday, November 4, 2020, and host a live webcast and conference call at 8:30 am ET on Thursday, November 5, 2020. The call will be accessible by telephone within the U.S. at (844) 473-0975 and from... Read more

Kaman appoints new President & CEO

Kaman appoints new President & CEO

24-Aug-2020Source: Kaman

Kaman Corporation (the “Company”) announced the retirement of Neal J. Keating as President and Chief Executive Officer of the Company and the appointment of Ian K. Walsh as the incoming CEO. This announcement represents the culmination of a multi-year initiative by the Board of Directors to support a smooth transition to new leadership while maintaining... Read more

24-Aug-20 N314 Kaman K-Max Warmic, US-Oregon (1F)

24-Aug-20 N314 Kaman K-Max Warmic, US-Oregon (1F)

24-Aug-2020

Pilot killed in firefighting accident.  Pilot named here as Tom Duffy... Read more

Kaman Recognized by Sikorsky as Elite Supplier

Kaman Recognized by Sikorsky as Elite Supplier

5-Aug-2020Source: Kaman

Kaman Corporation (NYSE:KAMN) is proud to announce that Kaman Composite – Vermont, Inc. (“Kaman Composites Vermont” or “KCV”), has recently been named the Rotary and Mission Systems Elite Supplier by Sikorsky Aircraft Corporation, a Lockheed Martin company. The award comes after a partnership with Sikorsky on the design and development of their MH-60R radome program.... Read more

Kaman K-MAX® Continues as a Proven Firefighting Asset

Kaman K-MAX® Continues as a Proven Firefighting Asset

21-May-2020Source: Kaman

Kaman Air Vehicles, a division of Kaman Corporation (NYSE: KAMN), announced the United States Forest Service (USFS) awarded 40 percent of all Type 1, large helicopters exclusive use contracts, to K-MAX helicopter operators. These four-year contracts ensure immediate resources are available to the USFS when the need for firefighting arises. “We are very excited to... Read more

Trust International appointed K-Max distributor in UAE

Trust International appointed K-Max distributor in UAE

14-Feb-2020Source: Kaman

Kaman Air Vehicles, a division of Kaman Corporation (NYSE:KAMN), announced today that it has entered into a strategic distribution agreement with Trust International Group (“Trust International”) for the K-MAX® medium-to-heavy lift helicopter. This reseller agreement provides Trust International with exclusive rights to market the K-MAX® aircraft and its spare parts in the United Arab Emirates... Read more

Kaman K-Max advances civil and military autonomous flight programs

Kaman K-Max advances civil and military autonomous flight programs

3-Feb-2020Source: Kaman

Kaman Air Vehicles, a division of Kaman Corporation (NYSE: KAMN), announced the advancement of its military and commercial K-MAX Unmanned Aerial Systems (UAS) programs. Kaman continues the development of the next generation of K-MAX UAS to support US Marine Corps future operating concepts. These logistics systems add flexibility and speed of distribution to all sizes... Read more

Kaman to Deliver K-MAX® to Helicopter Express In 2019

Kaman to Deliver K-MAX® to Helicopter Express In 2019

11-Nov-2019Source: Kaman

Kaman Aerospace, a division of Kaman Corporation (NYSE:KAMN), announced that it will deliver a new K-MAX® medium-to-heavy lift helicopter to Helicopter Express of Chamblee, Georgia. Helicopter Express currently operates 24 aircraft providing dedicated services in heavy lifting, utility construction, firefighting and disaster relief. Helicopter Express placed their order in May and will take delivery of their new K-MAX® in December... Read more

Rotex Helicopter to take delivery of new KMax in Q4

Rotex Helicopter to take delivery of new KMax in Q4

12-Sep-2019Source: Kaman Aerospace

Kaman Aerospace, a division of Kaman Corporation (NYSE:KAMN), announced today that it received a new order for the K-MAX® medium-to-heavy lift helicopter, bringing the total number of firm orders since the relaunch of production to twelve aircraft. The most recent order is from Rotex Helicopter AG, of Balzers Liechtenstein, which currently operates multiple K-MAX® aircraft... Read more

Kaman Opens New Helicopter Customer Service Center

Kaman Opens New Helicopter Customer Service Center

22-Jul-2019Source: Kaman

Kaman Aerospace (Kaman), the Aerospace segment of Kaman Corporation (NYSE: KAMN), announced that it has opened a new customer service center to support both its K-MAX® and SH-2 Super Seasprite customers and inaugurated a K-MAX® Flight Training Device (FTD). The new facility is located on Kaman’s Bloomfield, Connecticut campus and replaces and consolidates legacy Kaman... Read more

Kaman wins Black Hawk Supplier of the Year award

Kaman wins Black Hawk Supplier of the Year award

26-Apr-2019Source: Kaman

Kaman Aerospace Group, Inc., a subsidiary of Kaman Corporation (NYSE:KAMN), announced that its Integrated Structures and Metallics Division located in Jacksonville, Florida was presented with Sikorsky’s Black Hawk Program Supplier of the Year Award. Sikorsky, a Lockheed Martin company (NYSE:LMT), stated in a recent press release that “Kaman was chosen for this special recognition due... Read more

Kaman Receives Bell AH-1Z Blade Skin to Core Award

Kaman Receives Bell AH-1Z Blade Skin to Core Award

3-Apr-2019Source: Kaman

Kaman Composites Wichita (KCW) a division of Kaman Aerosystems (Kaman), announced that it has been awarded the manufacture, and supply of composite skin to core assembly structural components for the Bell AH-1Z’s helicopter blades. “This award further exemplifies Bell’s confidence in Kaman Composites Wichita as a leading aerospace composite structures supplier. We are proud that... Read more

Kaman Launches New K-MAX® Composite Blade Program

Kaman Launches New K-MAX® Composite Blade Program

7-Mar-2019Source: Kaman

Kaman Aerospace Group, a division of Kaman Corporation (NYSE:KAMN), announced  that it has launched a composite blade development program for the K-MAX® helicopter. The multi-year program consists of design, manufacture, test and qualification of an all-composite blade for Kaman’s intermeshing rotor system. The anticipated benefits of a composite blade include smoother airfoil, increased performance, reduced... Read more

Kaman Receives Additional K-MAX®Order

Kaman Receives Additional K-MAX®Order

11-Dec-2018Source: Kaman

Kaman Corporation (NYSE:KAMN), announced that it received its third order in the quarter for the K-MAX® medium-to-heavy lift helicopter. This brings the total number of firm orders since the relaunch of production to eleven units. The most recent order is from Precision Lift, LLC of Baker City, Oregon. This is the second aircraft purchased by Precision... Read more

Kaman announces two new K-Max customers

Kaman announces two new K-Max customers

30-Nov-2018Source: Kaman

Kaman Aerosystems (Kaman), a division of Kaman Corporation(NYSE:KAMN), announced that it received orders for two additional K-MAX® helicopters, expanding the fleet of operators to two new customers who will take delivery in the coming months. Further, given consistent demand the company has approved continuous manufacture of the versatile medium lift workhorse aircraft with the authorization of Lot... Read more

Kaman appoints new AVMRO VP and General Manager

Kaman appoints new AVMRO VP and General Manager

13-Mar-2018Source: Kaman

Kaman Aerosystems (Kaman), a division of the aerospace segment of Kaman Corporation (NYSE:KAMN), announced today that Darlene Smith has been appointed Vice President and General Manager of Kaman’s Air Vehicles and MRO (AVMRO) division effective April 2, 2018. In this role, Smith will lead Kaman’s aircraft OEM operations including sales, production and support of the... Read more

Kaman to deliver three K-Max helicopters in March

Kaman to deliver three K-Max helicopters in March

28-Feb-2018Source: Kaman

Kaman Aerosystems, a division of the aerospace segment of Kaman Corporation (NYSE:KAMN), announced today at HAI Heli-Expo that a record number of K-MAX® production deliveries are planned for March 2018. “We are pleased that new production K-MAX aircraft from Lot 1 are expected to be delivered to Helicopter Express and Columbia Basin Helicopters next month,”... Read more

Kaman Receives Order from Columbia Basin

Kaman Receives Order from Columbia Basin

6-Oct-2017Source: Kaman

Kaman Aerosystems, a division of the aerospace segment of Kaman Corporation (NYSE:KAMN), announced today at the Helitech International Helicopter Expo & Conference that it has signed a contract with Columbia Basin Helicopters for the purchase of a K-MAX® aircraft to be delivered in 2018. “We are pleased that Columbia Basin’s president and owner, David McCarty,... Read more

Kaman delivers first two K-Max helicopters from re-started production line

Kaman delivers first two K-Max helicopters from re-started production line

1-Aug-2017Source: Kaman Aerosystems

Kaman Corporation (NYSE:KAMN) subsidiary Kaman Aerospace Corporation (Kaman) announced today that its launch customer Lectern Aviation Supplies Co., Ltd. of Hong Kong has formally accepted the first two production K-MAX® aircraft built on Kaman’s re-opened production line.  The aircraft are scheduled to be delivered to Guangdong Juxiang General Aviation Co. Ltd, in China, who will operate... Read more

Kaman announces date for FY2017Q2 earnings

Kaman announces date for FY2017Q2 earnings

26-Jul-2017Source: Kaman

Kaman Corp. (NYSE:KAMN) announced today that it will report its second quarter 2017 results after the stock market closes on Monday, July 31, 2017, and host a live webcast and conference call at 8:30 a.m. ET on Tuesday, August 1, 2017. The call will be accessible by telephone within the U.S. at (844) 473-0975 and... Read more

Kaman confident of extending K-Max production to 2019 at least

Kaman confident of extending K-Max production to 2019 at least

24-Jul-2017Source: Kaman

Kaman Corporation (NYSE:KAMN) announced that its Aerosystems division will continue production of the commercial K-MAX® heavy-lift utility helicopter. The company resumed K-MAX® production in 2015 after a more than decade long hiatus with an initial commitment to build at least ten new aircraft. “Continued demand and interest in the capabilities of the K-MAX® have provided us the confidence... Read more

Kaman Signs Multi-Year Contract with Sikorsky

Kaman Signs Multi-Year Contract with Sikorsky

20-Jul-2017Source: Kaman

Kaman Corporation (NYSE:KAMN) announced today that its subsidiary Kaman Aerospace Corporation (Kaman) has entered into a new multi-year (MY) contract with Sikorsky, a Lockheed Martin (NYSE:LMT) company, which outlines the pricing and conditions for the manufacture of H-60 cockpits under the Department of Defense MY IX H-60 procurement authorization. The term of the MY agreement... Read more

Kaman Extends Production of Commercial K-MAX®

Kaman Extends Production of Commercial K-MAX®

15-Jun-2017Source: Kaman

Kaman Corporation (NYSE:KAMN) announced today that its Aerosystems division will continue production of the commercial K-MAX® heavy-lift utility helicopter. The company resumed K-MAX® production in 2015 after a more than decade long hiatus with an initial commitment to build at least ten new aircraft. “Continued demand and interest in the capabilities of the K-MAX® have provided us the... Read more

Kaman Corporation Appoints Two Officers

Kaman Corporation Appoints Two Officers

10-Apr-2017Source: Kaman Corporation

Kaman Corporation (NYSE:KAMN) today announced that Eric B. Remington will become Vice President, Government Relations and Communications and James G. Coogan will become Vice President, Investor Relations effective April 1, 2017. Both officers will report to Robert D. Starr, Executive Vice President and Chief Financial Officer. Starr said, “Eric has an extensive understanding of the... Read more

Kaman Corporation Announces Release Date for Fourth Quarter and Full Year 2016 Earnings

Kaman Corporation Announces Release Date for Fourth Quarter and Full Year 2016 Earnings

10-Feb-2017Source: Kaman Corporation

Kaman Corp. (NYSE:KAMN) announced today that it will report its fourth quarter and full year 2016 results after the stock market closes on Tuesday, February 28, 2017, and host a live webcast and conference call at 8:30 am ET on Wednesday, March 1, 2017. The call will be accessible by telephone within the U.S. at... Read more

Kaman Board of Directors Declares Dividend

Kaman Board of Directors Declares Dividend

18-Nov-2016Source: Kaman

The Kaman Corporation board of directors today declared a regular quarterly dividend of 18 cents per common share. The dividend will be paid on January 5, 2017 to shareholders of record on December 20, 2016.... Read more

Kaman announces Release Date for FY2016 Q3 Earnings

Kaman announces Release Date for FY2016 Q3 Earnings

13-Oct-2016Source: Kaman

Kaman Corp. (NYSE:KAMN) announced today that it will report its third quarter 2016 results after the stock market closes on Thursday, October 27, 2016, and host a live webcast and conference call at 8:30 am ET on Friday, October 28, 2016.... Read more

Kaman CEO informs of passing of predecessor Paul Kuhn

Kaman CEO informs of passing of predecessor Paul Kuhn

30-Sep-2016Source: Kaman

It is with deep sadness that I inform you of the passing over the weekend of my predecessor as CEO, Paul Kuhn. Paul, who joined Kaman in 1999, served as Chairman, President and CEO, retiring in February 2008. He had the unenviable task of succeeding Mr. Kaman after his fifty-five years as CEO. Paul led... Read more

NZ Seasprite makes first operational mission with an offshore patrol vessel

NZ Seasprite makes first operational mission with an offshore patrol vessel

22-Sep-2016Source: NZDF

One of the Royal New Zealand Air Force’s (RNZAF) newly acquired fleet of Seasprite helicopters will help transport 23 government staff and about seven tonnes of vital equipment and supplies to the remote Kermadec Islands on its first operational mission with an offshore patrol vessel (OPV). An SH-2G (I) Seasprite, one of eight that are... Read more

Kaman contracted to establish maintenance capabilities for the Egyptian Seasprites

Kaman contracted to establish maintenance capabilities for the Egyptian Seasprites

14-Jul-2016Source: Kaman

Kaman Aerosystems (Kaman), a division of the aerospace segment of Kaman Corporation (NYSE:KAMN), announced today that its Air Vehicles and MRO (AVMRO) unit has been awarded a three-year contract with Naval Air Systems Command (NAVAIR) for the establishment of depot level maintenance capabilities for the Egyptian Air Force (EAF) SH-2G(E) helicopter program. The contract has... Read more

Kaman contracted for implementation phase of SH-2G program in Peru

Kaman contracted for implementation phase of SH-2G program in Peru

12-Jul-2016Source: Kaman

Kaman Aerosystems (Kaman) announced today that its Air Vehicles and MRO (AVMRO) division has successfully secured a contract for $39.8 million (USD) with General Dynamics Mission Systems—Canada to commence work on the implementation phase of the previously announced Peruvian Navy’s SH-2G Super Seasprite aircraft program. The total expected value to Kaman for the combined program,... Read more

Kaman announces release date for 2016 Q2 earnings

Kaman announces release date for 2016 Q2 earnings

7-Jul-2016Source: Kaman

Kaman Corp. (NYSE:KAMN) announced today that it will report its second quarter 2016 results after the stock market closes on Thursday, July 28, 2016, and host a live webcast and conference call at 8:30am ET on Friday, July 29, 2016. The call will be accessible by telephone within the U.S. at (866) 291-5954 and from... Read more

Bristow Group adds new Board director with particular experience

Bristow Group adds new Board director with particular experience

29-Jun-2016Source: SEC

On June 27, 2016, the Board of Directors (the “Board”) of Bristow Group Inc. (the “Company”) determined that it was in the best interests of the Company and its shareholders to increase the size of the Board from twelve to thirteen directors and has appointed Mr. A. William Higgins to fill the vacant Board position,... Read more

Pair of unmanned K-Max helicopters arrive at MCAS Yuma

Pair of unmanned K-Max helicopters arrive at MCAS Yuma

9-May-2016Source: USMC

The Marine Corps’ first two Kaman K-MAX Helicopters arrived at Marine Corps Air Station Yuma, Ariz. May 7, 2016. The Kaman K-MAX Helicopter is very unique in many different ways, such as its purpose and design. It is a helicopter with interlinking rotors whose primary mission is to provide cargo load operations with a maximum... Read more

Kaman seeking Latin American firefighting opportunities for K-Max

Kaman seeking Latin American firefighting opportunities for K-Max

29-Mar-2016Source: Kaman

Kaman Corporation is aggressively pursuing sales of the K-MAX® helicopter to firefighting operators worldwide, and will be assessing the firefighting market in Latin America during the International Air and Space Fair (FIDAE) (Stand C44) in Santiago, Chile, March 29 through April 1, 2016. “The K-MAX is extremely well regarded for aerial firefighting, and market indicators... Read more

Kaman Board of Directors Declares Dividend

Kaman Board of Directors Declares Dividend

24-Feb-2016Source: Kaman

The Kaman Corporation (NYSE:KAMN) board of directors today declared a regular quarterly dividend of 18 cents per common share. The dividend will be paid on April 7, 2016 to shareholders of record on March 15, 2016. About Kaman Corporation Kaman Corporation, founded in 1945 by aviation pioneer Charles H. Kaman, and headquartered in Bloomfield, Connecticut conducts... Read more

Lockheed Martin Conducts Collaborative UAS Demo

Lockheed Martin Conducts Collaborative UAS Demo

7-Dec-2015Source: Lockheed Martin

Lockheed Martin (NYSE: LMT) demonstrated its ability to integrate unmanned aircraft system (UAS) operations into the National Airspace System (NAS) using its prototype UAS Traffic Management (UTM) capabilities. During the demonstration on Nov. 18, the Stalker XE UAS provided data and a precise geolocation to the unmanned K-MAX cargo helicopter, which conducted water drops to... Read more

Kaman sells two K-Max firefighters to China

Kaman sells two K-Max firefighters to China

24-Nov-2015Source: HeiHub.com

Kaman has contracted with Chinese company Lectern Aviation Supplies to deliver two K-Max helicopters in 2017.  This will be the first time the K-Max has been operated in China, and both aircraft are expected to begin operations fighting fires for the China Department of Forestry. “This agreement with Lectern represents the continued growth of confidence... Read more

New Zealand commences SH-2G simulator training

New Zealand commences SH-2G simulator training

18-Nov-2015Source: CAE

Today at the New Zealand Defence Industry Association (NZDIA) annual forum, CAE announced it has commenced the provision of maintenance and support services on the New Zealand Defence Force’s (NZDF) SH-2G(I) helicopter synthetic training devices. The NZDF recently recommissioned a SH-2G(I) Full-Mission Flight Simulator (FMFS), which was acquired as part of the acquisition of ten... Read more

Kaman Announces Release Date for FY2015 Q3 Earnings

Kaman Announces Release Date for FY2015 Q3 Earnings

14-Oct-2015Source: Kaman

Kaman Corp. (NYSE:KAMN) announced today that it will report its third quarter 2015 results after the stock market closes on Thursday, October 29, 2015, and host a live webcast and conference call at 8:30 am ET on Friday, October 30, 2015. The call will be accessible by telephone within the U.S. at (866) 291-5954 and... Read more

Kaman Board of Directors Declares Dividend

Kaman Board of Directors Declares Dividend

12-Aug-2015Source: Kaman

The Kaman Corporation board of directors today declared a regular quarterly dividend of 18 cents per common share. The dividend will be paid on October 6, 2015 to shareholders of record on September 15, 2015. About Kaman Corporation Kaman Corporation, founded in 1945 by aviation pioneer Charles H. Kaman, and headquartered in Bloomfield, Connecticut conducts... Read more

Kaman Announces Release Date for FY2015 Q2 earnings

Kaman Announces Release Date for FY2015 Q2 earnings

17-Jul-2015Source: Kaman

Kaman Corp. (NYSE:KAMN) announced today that it will report its second quarter 2015 results after the stock market closes on Thursday, July 30, 2015, and host a live webcast and conference call at 8:30 am ET on Friday, July 31, 2015. The call will be accessible by telephone within the U.S. at (866) 291-5954 and... Read more

K-Max back in production after 12 year gap

K-Max back in production after 12 year gap

8-Jun-2015Source: Kaman

Kaman have announced (their press release below) that the K-Max is to go back into production.  This announcement has been expected for some time, perhaps a handful of years even, and has been waiting for a minimum number of orders to ensure the costs of ramping up the line again are justified.  Between 1991 and... Read more

Kaman Corporation Names Starr Executive Vice President

Kaman Corporation Names Starr Executive Vice President

8-Jun-2015Source: Kaman

Kaman Corporation today announced that its board of directors has appointed Chief Financial Officer Robert D. Starr Executive Vice President, effective July 1st. He will continue to serve as the Chief Financial Officer of the Company. “Since becoming CFO Rob has played a key role in developing and supporting our growth initiatives and providing financial... Read more

Kaman Board of Directors Declares Dividend

Kaman Board of Directors Declares Dividend

4-Jun-2015Source: Kaman

The Kaman Corporation board of directors today declared a regular quarterly dividend of 18 cents per common share. The dividend will be paid on July 7, 2015 to shareholders of record on June 16, 2015. About Kaman Corporation Kaman Corporation, founded in 1945 by aviation pioneer Charles H. Kaman, and headquartered in Bloomfield, Connecticut conducts... Read more

Kaman appoints former Goodrich executive to Board

Kaman appoints former Goodrich executive to Board

3-Jun-2015Source: Kaman

Kaman Corporation today announced that its board of directors has appointed Jennifer M. Pollino as a director, effective immediately. The appointment increases the Kaman board to eleven directors. Ms. Pollino’s initial term will expire at the company’s 2016 Annual Shareholders Meeting. The board also appointed Pollino to serve on its personnel & compensation committee. “We... Read more

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