Kaman

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Kaman closes on updated $700M credit facility

Kaman closes on updated $700M credit facility

8-May-2015Source: Kaman

Kaman Corporation announced that today it has closed on an amended and restated $700 million credit facility. The new credit facility amends and restates the Company’s prior credit facility to, among other things: (i) extend the maturity date to May 2020; (ii) increase the aggregate amount of revolving commitments from $400 million to $600 million;... Read more

K-Max flies first ever collaborative unmanned casualty evacuation

K-Max flies first ever collaborative unmanned casualty evacuation

30-Apr-2015Source: Lockheed Martin

Dangerous frontline operations call for a safe and efficient method to locate and evacuate wounded personnel. To address this critical need and help save lives, Lockheed Martin (NYSE: LMT), Kaman Aerospace (NYSE: KAMN), and Neya Systems demonstrated the first ever collaborative unmanned air and ground casualty evacuation using the unmanned aerial system (UAS) Control Segment... Read more

Kaman announces release date for FY2025 Q1 earnings

Kaman announces release date for FY2025 Q1 earnings

20-Apr-2015Source: Kaman

Kaman Corp. (NYSE:KAMN) announced today that it will report its first quarter 2015 results after the stock market closes on Wednesday, April 29, 2015, and host a live webcast and conference call at 8:30am ET on Thursday, April 30, 2015. The call will be accessible by telephone within the U.S. at (866) 515-2912 and from... Read more

Bell extends UH-1Y and AH-1Z blade deal with Kaman

Bell extends UH-1Y and AH-1Z blade deal with Kaman

27-Mar-2015Source: Kaman

Kaman Corporation announced today that its Aerosystems division (Kaman) has been awarded an extension to its current contract with Bell Helicopter to manufacture skin and skin to core components for the Bell UH-1Y and AH-1Z helicopters. This five-year follow on contract has an expected value in excess of $25 million. The components will continue to... Read more

Kaman Nears Reopening of K-Max Production Line; 2nd Unmanned Fire Fighting Demo Planned

Kaman Nears Reopening of K-Max Production Line; 2nd Unmanned Fire Fighting Demo Planned

9-Mar-2015Source: HeliHub.com

By Andrew Drwiega, Heli-Expo, Florida, USA Kaman Aerospace is nearing the threshold that would allow the company to reopen its K-Max K-1200 production line, says Terry Fogarty, general manager of Kaman’s UAS Group. “With deposits now over 75% of what we require we are now anticipating that this will go ahead.” Speaking at Heli-Expo to... Read more

Kaman announces 12.5% Dividend Increase

Kaman announces 12.5% Dividend Increase

24-Feb-2015Source: Kaman

Kaman Corporation (NYSE:KAMN) announced that its board of directors voted to increase the quarterly dividend on the company’s common shares 12.5 percent to 18 cents per share. The increased dividend will be paid on April 7, 2015 to shareholders of record on March 17, 2015. “Today’s dividend announcement reflects the Board’s confidence in Kaman’s strategy,”... Read more

Kaman Corp. Announces Release Date for Fourth Quarter and Full Year 2014 Earnings

Kaman Corp. Announces Release Date for Fourth Quarter and Full Year 2014 Earnings

2-Feb-2015Source: Kaman

Kaman Corp. (NYSE:KAMN) announced today that it will report its fourth quarter and full year 2014 results after the stock market closes on Monday, February 23, 2015, and host a live webcast and conference call at 8:30am ET on Tuesday, February 24, 2015. The call will be accessible by telephone within the U.S. at (877)... Read more

Kaman Announces New Zealand Acceptance of First SH-2G(I) Super Seasprite

Kaman Announces New Zealand Acceptance of First SH-2G(I) Super Seasprite

2-Dec-2014Source: Kaman

Kaman Corp. KAMN, -1.14% today announced that the New Zealand Ministry of Defence (MoD) has accepted the first SH-2G(I) Super Seasprite helicopter for the New Zealand Defence Force (NZDF). Acceptance occurred at Kaman’s Bloomfield, Connecticut facility. “We are pleased to have achieved this significant program milestone, which in addition to the acceptance of the first... Read more

Kaman extends Bell rotor blade contract

Kaman extends Bell rotor blade contract

24-Nov-2014Source: Kaman

Kaman Aerosystems (Kaman), a division of Kaman Aerospace Group, announced today that it has been awarded an extension to its current contract with Bell Helicopter to manufacture skin and skin to core components for several of Bell’s commercial helicopter models. This three-year follow on contract has an expected value in excess of $24 million. The... Read more

Kaman to Support the Upgrade of SH-2G Super Seasprites for Peru

Kaman to Support the Upgrade of SH-2G Super Seasprites for Peru

21-Nov-2014Source: Kaman

Kaman Corp. (NYSE:KAMN) today announced that it has entered into a contract with General Dynamics Canada to remanufacture and upgrade four Kaman SH-2G Super Seasprite aircraft and provide support for the operation of a fifth aircraft for the Peruvian Navy. The program value to Kaman is expected to exceed $40 million. Gregory Steiner, President Kaman... Read more

Kaman Board of Directors Declares Dividend

Kaman Board of Directors Declares Dividend

19-Nov-2014Source: Kaman

The Kaman Corporation board of directors today declared a regular quarterly dividend of 16 cents per common share. The dividend will be paid on January 8, 2015 to shareholders of record on December 16, 2014. About Kaman Corporation Kaman Corporation, founded in 1945 by aviation pioneer Charles H. Kaman, and headquartered in Bloomfield, Connecticut conducts... Read more

Unmanned Team Of K-MAX® Helicopter And Indago Quad Rotor Demonstrate Firefighting Capability

Unmanned Team Of K-MAX® Helicopter And Indago Quad Rotor Demonstrate Firefighting Capability

19-Nov-2014Source: Lockheed Martin

A team of Lockheed Martin (NYSE: LMT) and Kaman (NYSE: KAMN) unmanned aircraft successfully demonstrated its ability to aid in firefighting operations. During the demonstration, the Indago quad rotor effectively identified hot spots, and provided data to an operator who directed the unmanned K-MAX helicopter to autonomously extinguish the flames. In one hour, the unmanned... Read more

Kaman Reports 2014 Third Quarter Results

Kaman Reports 2014 Third Quarter Results

4-Nov-2014Source: Kaman

Extracts from the full financial statements as follows Overview Neal J. Keating, Chairman, President and Chief Executive Officer, stated, “While we faced several challenges during the third quarter we are pleased that Aerospace continued to deliver improved margin performance and Distribution achieved its fourth consecutive quarter of organic sales growth. In addition, we generated very... Read more

Kaman negotiating to support Peruvian Super Seasprite upgrades

Kaman negotiating to support Peruvian Super Seasprite upgrades

28-Oct-2014Source: Kaman

Kaman Corporation confirmed today that it is negotiating with General Dynamics Canada to remanufacture and upgrade four Kaman SH-2G Super Seasprite aircraft, and will provide support for the operation of a fifth aircraft for the Peruvian Navy. The aircraft are being transferred through a Memorandum of Understanding between, the Peruvian Ministry of National Defense and... Read more

Kaman announces Release Date for FY2014 Q3 Earnings

Kaman announces Release Date for FY2014 Q3 Earnings

21-Oct-2014Source: Kaman

Kaman Corp. (NYSE:KAMN) announced today that it will report its third quarter 2014 results after the stock market closes on Monday, November 3, 2014, and host a live webcast and conference call at 8:30am ET on Tuesday, November 4, 2014. The call will be accessible by telephone within the U.S. at (866) 543-6403 and from... Read more

CAE contracted to support New Zealand Seasprite synthetic training devices

CAE contracted to support New Zealand Seasprite synthetic training devices

21-Oct-2014Source: CAE

Today at the New Zealand Defence Industry Association (NZDIA) annual forum, CAE announced it has been awarded contracts by the New Zealand Defence Force (NZDF) to support its SH-2G(I) Super Seasprite helicopter synthetic training devices. Under terms of the contracts, CAE will perform updates to an existing SH-2G(I) Full Mission Flight Simulator (FMFS) and SH-2G(I)... Read more

Peru to acquire five Seasprite helicopters

Peru to acquire five Seasprite helicopters

14-Oct-2014Source: Andina

The governments of Peru and Canada have recently signed an accord that will allow the Andean nation to acquire up to five Seasprite multipurpose helicopters for the Peruvian Navy. See Full Story... Read more

Kaman Board of Directors Declares Dividend

Kaman Board of Directors Declares Dividend

14-Aug-2014Source: Kaman

The Kaman Corporation board of directors today declared a regular quarterly dividend of 16 cents per common share. The dividend will be paid on October 2, 2014 to shareholders of record on September 16, 2014. 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 FY 2014 Q2 Earnings

Kaman announces Release Date for FY 2014 Q2 Earnings

17-Jul-2014Source: Kaman

Kaman Corp. (NYSE:KAMN) announced today that it will report its second quarter 2014 results after the stock market closes on Monday, August 4, 2014, and host a live webcast and conference call at 8:30am ET on Tuesday, August 5, 2014. The call will be accessible by telephone within the U.S. at (877) 703-6103 and from... Read more

Kaman Board of Directors Declares Dividend

Kaman Board of Directors Declares Dividend

4-Jun-2014Source: Kaman Corporation

The Kaman Corporation board of directors today declared a regular quarterly dividend of 16 cents per common share. The dividend will be paid on July 3, 2014 to shareholders of record on June 17, 2014. About Kaman Corporation Kaman Corporation, founded in 1945 by aviation pioneer Charles H. Kaman, and headquartered in Bloomfield, Connecticut conducts... Read more

Science Channel to Feature K-MAX

Science Channel to Feature K-MAX

30-Apr-2014Source: Kaman

The K-MAX unmanned aircraft system has made a name for itself in Afghanistan, with more than 1,800 unmanned resupply missions flown and delivering over 4 million pounds of supplies to troops throughout the region since being deployed in 2011. This week, the K-MAX cargo-hauling copter will achieve a different type of milestone. K-MAX will make... Read more

Kaman New Zealand SH-2G(I) Achieves First Flight

Kaman New Zealand SH-2G(I) Achieves First Flight

22-Apr-2014Source: Kaman

Kaman Aerospace announced today that the first New Zealand government NZ SH-2G(I) Super Seasprite helicopter began production flight testing at Kaman’s Bloomfield, Connecticut facility. After production flight tests, this aircraft will be used for maintenance and aircrew training. The program is on track with deliveries of all ten aircraft scheduled to be complete in mid-2015. The first New Zealand government NZ SH-2G(I)... Read more

Kaman announces release date for 2014 Q1 earnings

Kaman announces release date for 2014 Q1 earnings

11-Apr-2014Source: Kaman

Kaman Corp. (NYSE:KAMN) announced today that it will report its first quarter 2014 results after the stock market closes on Monday, April 28, 2014, and host a live webcast and conference call at 8:30am ET on Tuesday, April 29, 2014. The call will be accessible by telephone within the U.S. at (866) 318-8616 and from... Read more

New technology could autonomize rotary-wing landings

New technology could autonomize rotary-wing landings

9-Apr-2014Source: USMC

Going beyond remote-controlled technology that currently exists for aircraft, the Office of Naval Research is spearheading the development of a new rotary-wing aircraft software and sensor system that would bring autonomous approaches and landings via manned or unmanned helicopters. According to ONR, the Autonomous Aerial Cargo/Utility System (AACUS) is designed to provide, “autonomous approaches and... Read more

Kaman delivers its 1,000th H-60 helicopter cockpit to Sikorsky

Kaman delivers its 1,000th H-60 helicopter cockpit to Sikorsky

2-Apr-2014Source: Kaman

Kaman Aerosystems today announced delivery of  its 1,000th H-60 helicopter cockpit to Sikorsky Aircraft Corporation (Sikorsky).  The milestone UH-60M BLACK HAWK helicopter cockpit was incorporated into an H-60 airframe that underwent final assembly at Sikorsky’s Bridgeport, Connecticut facility and was delivered to the U.S. Army. Kaman’s 1,000th H-60 cockpit delivery marks an eight year relationship... Read more

Nigeria considers purchase of H-46 and H-2 helicopters

Nigeria considers purchase of H-46 and H-2 helicopters

21-Mar-2014Source: HeliHub.com

The US Marine Corps have recently issued a photo release with the two images accompanying this article.  The brief description of them was as follows:- Members of the Nigerian Navy board a U.S. Marine Corps HH-46E for a search and rescue flight demonstration during a visit Feb. 4 with Naval Air Systems Command’s Specialized and... Read more

Kaman appoints Vice President for Tax

Kaman appoints Vice President for Tax

3-Mar-2014Source: Kaman

Kaman Corporation (NYSE:KAMN) today announced that Michael J. Lyon has been appointed to the position of Vice President – Tax, reporting to Robert Starr, Senior Vice President and Chief Financial Officer. Lyon succeeds John Lockwood in the position and joins Kaman from Gerber Scientific, a manufacturer and worldwide distributor of integrated automation equipment and software,... Read more

Kaman Aerospace adds new offices, capabilities, OEM work

Kaman Aerospace adds new offices, capabilities, OEM work

26-Feb-2014Source: Kaman

As Kaman Aerospace Group enters Heli-Expo 2014 the company is significantly expanding its reach, capabilities and position as an award-winning supplier for leading aerospace Original Equipment Manufacturers (OEMs). The company’s restructured Aerosystems Group, led by President Jim Larwood, has fueled much of Kaman’s rotorcraft market growth through new and ongoing agreements with Bell Helicopter, Sikorsky... Read more

Kaman Aerospace establishes new engineering services office in Charleston SC

Kaman Aerospace establishes new engineering services office in Charleston SC

25-Feb-2014Source: Kaman

Kaman Aerospace Group announced today at the 2014 HAI HELI-EXPO that its subsidiary, Kaman Engineering Services, has opened a new office at the Clemson University Restoration Institute Campus (CURI) in North Charleston, S.C. Kaman Engineering Services recognizes the growing aerospace requirements in the Southeast United States and the new regional office will support that demand,... Read more

Kaman Board of Directors Declares Dividend

Kaman Board of Directors Declares Dividend

21-Feb-2014Source: Kaman

The Kaman Corporation (NYSE:KAMN) board of directors today declared a regular quarterly dividend of 16 cents per common share. The dividend will be paid on April 3, 2014 to shareholders of record on March 18, 2014. About Kaman Corporation Kaman Corporation, founded in 1945 by aviation pioneer Charles H. Kaman, and headquartered in Bloomfield, Connecticut conducts business... Read more

Lockheed Martin Receives Contract For SMSS-K-MAX Cooperative Teaming Demo

Lockheed Martin Receives Contract For SMSS-K-MAX Cooperative Teaming Demo

20-Feb-2014Source: Lockheed Martin

Lockheed Martin LMT -0.03% received a contract from the U.S. Army Robotics Technology Consortium to conduct a fully autonomous reconnaissance, surveillance and target acquisition experiment using both its Squad Mission Support System (SMSS) unmanned ground vehicle and its K-MAX unmanned air vehicle. Contract terms are not being disclosed. In collaboration with the U.S. Army Tank Automotive Research, Development and Engineering Center, Lockheed... Read more

Kaman announces release date for Q4 and Full Year 2013 Earnings

Kaman announces release date for Q4 and Full Year 2013 Earnings

9-Feb-2014Source: Kaman

Kaman Corp. (NYSE:KAMN) announced today that it will report its fourth quarter and full year 2013 results after the stock market closes on Thursday, February 27, 2014, and host a live webcast and conference call at 8:00am ET on Friday, February 28, 2014. The call will be accessible by telephone within the U.S. at (877)... Read more

Kaman Board of Directors Declares Dividend

Kaman Board of Directors Declares Dividend

14-Nov-2013Source: Kaman

The Kaman Corporation board of directors today declared a regular quarterly dividend of 16 cents per common share. The dividend will be paid on January 7, 2014 to shareholders of record on December 24, 2013. The payment, when made, will mark forty-four consecutive years of dividend payments by Kaman. About Kaman Corporation Kaman Corporation, founded... Read more

Kaman appoints new Vice President and Treasurer

Kaman appoints new Vice President and Treasurer

7-Nov-2013Source: Kaman

-Kaman Corporation (NYSE:KAMN) today announced that Jairaj ‘JC’ Chetnani has been appointed to the position of Vice President and Treasurer, reporting to Robert Starr, Senior Vice President and Chief Financial Officer. Chetnani succeeds Starr in the Treasurer position and joins Kaman from Quanex Building Products, a $1 billion building products manufacturer with multiple independently-run operating... Read more

Kaman reports 2013 Q3 results

Kaman reports 2013 Q3 results

29-Oct-2013

The Aerospace division report was as follows:- Sales were $150.7 million, a decrease of $0.6 million from sales of $151.3 million in the third quarter of 2012. Sales increased $26.3 million related to higher shipments of our JPF to foreign customers and the recognition of revenue under the SH-2G(I) contract with New Zealand. These increases... Read more

Kaman announces date for 2013 Q3 earnings

Kaman announces date for 2013 Q3 earnings

9-Oct-2013Source: Kaman

Kaman Corp. (NYSE:KAMN) announced today that it will report its third quarter 2013 results after the stock market closes on Monday, October 28, 2013, and host a live webcast and conference call at 8:30am ET on Tuesday, October 29, 2013. The call will be accessible by telephone at (877) 546-5018 and from outside the U.S.... Read more

Kaman reports 2013 Q2 results

Kaman reports 2013 Q2 results

31-Jul-2013Source: Kaman

HeliHub.com editor note – these are extracts from the full release, which includes the financial statements Neal J. Keating, Chairman, President and Chief Executive Officer, stated, “We achieved strong overall results for the second quarter led by the performance at Aerospace and the sequential improvement in operating profit at Distribution. Aerospace delivered an operating profit... Read more

Kaman announces date for 2013 Q2 earnings

Kaman announces date for 2013 Q2 earnings

28-Jul-2013Source: Kaman

Kaman Corp. (NYSE:KAMN) announced today that it will report its second quarter 2013 results after the stock market closes on Monday, July 29, 2013, and host a live webcast and conference call at 8:30am ET on Tuesday, July 30, 2013. The call will be accessible by telephone at (877) 415-3177 and from outside the U.S.... Read more

30-Jun-13 N674TH Kaman K-Max Wenatchee, US-Washington

30-Jun-13 N674TH Kaman K-Max Wenatchee, US-Washington

30-Jun-2013

Damaged on landing.  Further details awaited... Read more

Kaman Board of Directors Declares Dividend

Kaman Board of Directors Declares Dividend

6-Jun-2013Source: Kaman

 The Kaman Corporation board of directors today declared a regular quarterly dividend of 16 cents per common share. The dividend will be paid on July 2, 2013 to shareholders of record on June 18, 2013. About Kaman Corporation Kaman Corporation, founded in 1945 by aviation pioneer Charles H. Kaman, and headquartered in Bloomfield, Connecticut conducts... Read more

05-Jun-13 Kaman K-Max Camp Leatherneck, Afghanistan

05-Jun-13 Kaman K-Max Camp Leatherneck, Afghanistan

5-Jun-2013

Helicopter was delivering cargo to a predetermined location without the input of a UAV pilot.... Read more

Kaman confirms New Zealand will buy ten SH-2G Super Seasprite

Kaman confirms New Zealand will buy ten SH-2G Super Seasprite

9-May-2013Source: Kaman

Kaman Corp. KAMN +0.63% today announced that its subsidiary, Kaman Aerospace Corporation (Kaman), has entered into a $120 million contract with the New Zealand Ministry of Defence for the purchase of ten SH-2G(I) Super Seasprite aircraft, spare parts, a full mission flight simulator, and related logistics support. The contract is consistent with the previously announced... Read more

Kaman names new CFO

Kaman names new CFO

19-Apr-2013Source: Kaman

Kaman Corp. (NYSE: KAMN) today announced that Robert D. Starr, 45, has been appointed to the position of Senior Vice President and Chief Financial Officer (CFO) effective as of July 1, 2013, upon the retirement of William C. Denninger, Executive Vice President and CFO, on June 30, 2013. Starr will report to Neal J. Keating,... Read more

New Zealand buys the Seasprites Australia rejected

New Zealand buys the Seasprites Australia rejected

19-Apr-2013Source: Kaman

Kaman Corp. (NYSE:KAMN) today announced that the New Zealand Cabinet has authorized the New Zealand Ministry of Defence (MoD) to enter into an approximately $120 million contract with Kaman Aerospace Corporation (Kaman) for the purchase of ten SH-2G(I) Super Seasprite aircraft, spare parts, a full mission flight simulator, and related logistics support. The MoD and... Read more

Raytheon GPS to be installed on Polish Sea Sprites

Raytheon GPS to be installed on Polish Sea Sprites

26-Mar-2013Source: HeliHub.com

The Polish military has recently signed a contract with the WZL-1 factory at Lodz to install GPS on their fleet of Kaman SH-2G Sea Sprite helicopters. The upgrades will be done in the course of the usual maintenance of each aircraft over the coming months. Raytheon’s MAGR2000 GPS unit is being installed on the four... Read more

US Marines extend K-MAX unmanned helicopter’s use in Afghanistan

US Marines extend K-MAX unmanned helicopter’s use in Afghanistan

18-Mar-2013Source: Reuters

The U.S. Marine Corps has extended indefinitely its use of two unmanned K-MAX heavy lift helicopters in Afghanistan, a Navy spokeswoman said, noting the aircraft kept re-supply trucks off the road and reduced the threat of roadside bombs. The Marine Corps sent the new autonomous helicopters, which were developed by Lockheed Martin Corp and privately-held... Read more

Kaman reports 2012 Q4 and Full Year Results

Kaman reports 2012 Q4 and Full Year Results

26-Feb-2013Source: Kaman

Fourth Quarter 2012 Highlights From Continuing Operations: Diluted earnings per share of $0.52 ($0.61 Adjusted*), up 40.5% (15.1% Adjusted*) Net sales $399.3 million Distribution operating margin: 4.5% (4.6% Adjusted*) Aerospace operating margin: 15.0% (17.8% Adjusted*) Full Year 2012 Highlights From Continuing Operations: Diluted earnings per share of $2.03 ($2.18 Adjusted*), up 8.0% (8.5% Adjusted*) Record... Read more

Kaman Board of Directors Declares Dividend

Kaman Board of Directors Declares Dividend

22-Feb-2013Source: Kaman

The Kaman Corporation board of directors today declared a regular quarterly dividend of 16 cents per common share. The dividend will be paid on April 2, 2013 to shareholders of record on March 19, 2013. About Kaman Corporation Kaman Corporation, founded in 1945 by aviation pioneer Charles H. Kaman , and headquartered in Bloomfield, Connecticut... Read more

Kaman Corp adds another director

Kaman Corp adds another director

20-Feb-2013Source: Kaman

Kaman Corp. (NYSE:KAMN) today announced that Scott E. Kuechle, 53, has been appointed to the Board of Directors. The appointment of Kuechle, effective immediately, increases the Kaman board to ten members. Neal J. Keating, Chairman of the Board, President and Chief Executive Officer said, “Scott is a welcome addition to our board, bringing significant financial... Read more

Unmanned K-Max is nominee for Collier Trophy

Unmanned K-Max is nominee for Collier Trophy

11-Feb-2013Source: National Aeronautic Association

The National Aeronautic Association (NAA) today announced that seven aviation and aerospace projects will compete for the prestigious 2012 Robert J. Collier Trophy. The Collier Trophy, the “Greatest Award in Aviation,” has been the benchmark of aviation and aerospace achievement for over 100 years.  Awarded annually “….for the greatest achievement in aeronautics or astronautics in... Read more

Unmanned K-MAX Wins Top Innovation Honors, USMC Praise

Unmanned K-MAX Wins Top Innovation Honors, USMC Praise

9-Jan-2013Source: Kaman

The unmanned K-MAX(R) helicopter’s peerless ability to resupply combat troops safely, precisely and efficiently has won top honors from the prestigious magazines Popular Science and Aviation Week and has garnered high praise from the U.S. Marine Corps, which is expanding the aircraft’s role in Afghanistan. “We are proud of the Unmanned K-MAX’s performance in supporting... Read more

Kaman closes on new $500M five-year credit facility

Kaman closes on new $500M five-year credit facility

21-Nov-2012Source: Kaman

Kaman Corporation (NYSE:KAMN) announced that today it has closed on a new five-year $500 million credit facility replacing its prior $317.5 million credit facility. The facility includes a collateralized security agreement and carries a standard financial covenant package, which the company believes reflects current market terms and conditions. The facility consists of a $400 million revolving credit... Read more

Kaman Board of Directors Declares Dividend

Kaman Board of Directors Declares Dividend

8-Nov-2012Source: Kaman

The Kaman Corporation board of directors today declared a regular quarterly dividend of 16 cents per common share. The dividend will be paid on January 8, 2013 to shareholders of record on December 24, 2012. The payment, when made, will mark forty-three consecutive years of dividend payments by Kaman. Kaman Corporation, founded in 1945 by... Read more

Kaman reports 2012 Q3 results

Kaman reports 2012 Q3 results

1-Nov-2012Source: Kaman

Kaman Corp. (NYSE:KAMN) today reported financial results for the third quarter ended September 28, 2012. Neal J. Keating, Chairman, President and Chief Executive Officer, stated, “During the third quarter we delivered solid performance in both of our businesses. Aerospace delivered 28.9% sales growth driven by deliveries of over 10,000 Joint Programmable Fuzes (“JPF”) during the... Read more

Hurricane Sandy postpones Kaman Q3 results

Hurricane Sandy postpones Kaman Q3 results

30-Oct-2012Source: Kaman

Kaman Corp. (NYSE:KAMN) announced today that it will postpone the release of its third quarter 2012 results. The new release date will be after the stock market closes on Wednesday, October 31, 2012. Management will host a webcast and conference call to discuss the results at 8:30 am ET on Thursday, November 1, 2012. “The... Read more

Kaman announces release date for 2012 Q3 earnings

Kaman announces release date for 2012 Q3 earnings

12-Oct-2012Source: Kaman

Kaman Corp. (NYSE:KAMN) announced today that it will report its third quarter 2012 results after the stock market closes on Monday, October 29, 2012 and host a live webcast and conference call at 8:30am ET on Tuesday, October 30, 2012. The call will last approximately one hour. The call will be accessible by telephone at... Read more

USMC extend unmanned K-Max in-theatre deployment again

USMC extend unmanned K-Max in-theatre deployment again

1-Aug-2012Source: Lockheed Martin

For the second time this year, the U.S. Marine Corps has approved the deployment extension of K-MAX Cargo UAS, the first unmanned helicopter to deliver cargo and resupply troops in a combat zone. By supplying forward operating bases with K-MAX instead of ground convoy or manned aircraft, the Marine Corps has reduced the threat posed... Read more

Kaman confirms SH-2G(I) negotiations with New Zealand

Kaman confirms SH-2G(I) negotiations with New Zealand

21-Jun-2012Source: Kaman

Kaman Corporation confirmed today that The U.S. Department of State has granted authorization that would permit the Company to negotiate a possible sale of SH-2G(I) Super Seasprite Helicopters to the Government of New Zealand. The potential sale would include eleven SH-2G(I) helicopters, a full motion flight simulator, training aids, spares inventory, publications and the introduction... Read more

Kaman Board of Directors Declares Dividend

Kaman Board of Directors Declares Dividend

6-Jun-2012Source: Kaman

The Kaman Corporation (NYSE:KAMN) board of directors today declared a regular quarterly dividend of 16 cents per common share. The dividend will be paid on July 3, 2012 to shareholders of record on June 19, 2012. Kaman Corporation, founded in 1945 by aviation pioneer Charles H. Kaman, and headquartered in Bloomfield, Connecticut conducts business in the aerospace... Read more

A first for K-Max – cargo hooked on while in unmanned flight

A first for K-Max – cargo hooked on while in unmanned flight

1-Jun-2012Source: US Marine Corps

Marine Unmanned Aerial Vehicle Squadron 2, the “Night Owls,” made history earlier this week when they completed the first “hot hook-ups” between landing support Marines on the ground and a hovering Kaman K1200 “K-MAX” unmanned helicopter in Helmand province, Afghanistan, May 22. In the nearly 20 years of its commercial and military use, no organization... Read more

Kaman workers warn against more cuts to Aerospace and Defense

Kaman workers warn against more cuts to Aerospace and Defense

23-May-2012Source: AIA

Rep. Ander Crenshaw (R-Fla.) and Lt. Gov. Jennifer Carroll addressed more than 400 workers today at the Kaman Aerostructures facility in Jacksonville to warn about the threat to U.S. economic and military strength posed by $500 billion in sequestration budget cuts scheduled for January 2013. A study commissioned by AIA last year found that Florida could lose more than 39,000 jobs if Congress does not act... Read more

NATO/ISAF comment on changes brought by unmanned K-Max operations

NATO/ISAF comment on changes brought by unmanned K-Max operations

21-May-2012Source: ISAF

Improvised explosive devices have changed the way the Marine Corps engages hostile forces. The need has risen for supplies to reach the most remote parts of Afghanistan quickly, reliably and safely. Late last year, the Corps began experimenting with the K-MAX – an unmanned helicopter, able to transport large amounts of cargo and reduce the... Read more

Afghanistan – Two unmanned K-Max deliver 1,000,000 pounds of cargo in four months

Afghanistan – Two unmanned K-Max deliver 1,000,000 pounds of cargo in four months

17-May-2012Source: Lockheed Martin

Two unmanned K-MAX helicopters have delivered more than one million pounds in less than four months in support of the U.S. Marine Corps in Afghanistan and will remain in theater until September on a deployment extension. The aircraft, a joint effort by Lockheed Martin (NYSE: LMT) and Kaman Aerospace (NYSE: KAMN), is the first unmanned helicopter to deliver cargo... Read more

Kaman forms JV in India with Kineco

Kaman forms JV in India with Kineco

3-May-2012Source: Kaman

aman Aerospace Group, Inc., a subsidiary of Kaman Corporation (NYSE: KAMN - News) and Kineco Private Limitedtoday announced that they have entered into an agreement to form a manufacturing company in India. The venture will be based in Goa and will manufacture advanced composite structures for aerospace, medical and other industries. Gregory L. Steiner, President of Kaman Aerospace Group, commented, “This is a... Read more

Kaman reports Q1 numbers to 31 March 2012

Kaman reports Q1 numbers to 31 March 2012

2-May-2012Source: Kaman

Neal Keating, President and Chief Executive Officer stated, “While below last year, our first quarter results were in line with our expectations and provide us confidence to reaffirm our outlook for the full year. This performance was led by another solid quarter for our Industrial Distribution business, which achieved record quarterly sales and operating profit.... Read more

Kaman announces date for 2012 Q1 numbers

Kaman announces date for 2012 Q1 numbers

13-Apr-2012Source: Kaman

Kaman Corp. (NYSE: KAMN) announced today that it will report its first quarter 2012 results after the stock market closes on Monday, April 30, 2012 and host a live webcast and conference call at 8:30am ET on Tuesday May 1st, 2012. The call will last approximately one hour. The call will be accessible by telephone... Read more

Kaman appoints Senior VP – Human Resources

Kaman appoints Senior VP – Human Resources

28-Mar-2012Source: Kaman

Kaman Corporation (NYSE: KAMN) today announced that Gregory T. Troy, has been appointed to the position of Senior Vice – Human Resources, reporting to Neal J. Keating, Chairman, President and CEO. Troy joins Kaman from Force Protection of Ladson, SC, a manufacturer and services company of military defense vehicles. Force Protection had been a publicly... Read more

Kaman promotes five officers

Kaman promotes five officers

23-Feb-2012Source: Kaman

Kaman Corporation (NYSE: KAMN) today announced that it has promoted five officers to positions with the parent corporation, all reporting to Neal J. Keating, Chairman, President and CEO. These appointments were made by the Board of Directors at a meeting this week and are effective immediately. Gregory L. Steiner, President, Kaman Aerospace Group has been... Read more

Kaman promotes to Deputy General Counsel from within

Kaman promotes to Deputy General Counsel from within

22-Feb-2012Source: Kaman

Kaman Corporation (NYSE: KAMN) today announced that its Board of Directors has appointed Shawn G. Lisle to the position of Vice President and Deputy General Counsel. Lisle reports to Candace A. Clark, Senior Vice President, Chief Legal Officer and Secretary. Lisle joined Kaman in 2011 as Associate General Counsel focusing on compensation, benefits, employment and... Read more

New England Air Museum adds Seasprite

New England Air Museum adds Seasprite

21-Feb-2012Source: Granbys Patch

The New England Air Museum Thursday unveiled its newest addition to its collection of aircraft, a SH-2F Seasprite helicopter (see full story)... Read more

Kaman appoints VP Strategic Initiatives

Kaman appoints VP Strategic Initiatives

20-Feb-2012Source: Kaman

Kaman Aerospace Group announced today the appointment of Pat Wheeler to Vice President, Strategic Initiatives reporting to Greg Steiner, President. Wheeler joined Kaman with the 2011 acquisition of Vermont Composites, Inc. where he served as President and CEO for the past seven years, effectively building that business from a start-up to a key industry supplier... Read more

Kaman appoints VP Business Development and Marketing

Kaman appoints VP Business Development and Marketing

20-Feb-2012Source: Kaman

Kaman Aerospace Group announced the appointment of Gary Tenison to Vice President, Business Development and Marketing, reporting to Greg Steiner, President. Tenison will be responsible for leading accelerated, profitable growth of the Aerospace Group’s core businesses. He will coordinate strategic planning, ensuring alignment across the Group. In addition, he will help identify, coordinate, and lead... Read more

Kaman supports K-Max while expanding manufacturing and rotor blade work

Kaman supports K-Max while expanding manufacturing and rotor blade work

9-Feb-2012Source: Kaman

 The Kaman Helicopters Division of Kaman Aerospace Corporation, a subsidiary of Kaman Corporation (NASDAQ-GS: KAMN), continues to develop new chapters in its storied history with the unmanned K-MAX®; successes and opportunities in subcontract manufacturing; and rotor blade development and production. Kaman will showcase its products and services in Booth 5222, Hall C, at the Helicopter... Read more

Kaman announces date for Q4 and full-year 2011 earnings

Kaman announces date for Q4 and full-year 2011 earnings

4-Feb-2012Source: Kaman

Kaman Corp. (NASDAQ-GS: KAMN) announced today that it will report its fourth quarter and full year 2011 results after the stock market closes on Monday, February 27, 2012 and host a live webcast and conference call at 8:30am ET on Tuesday February 28th, 2012. The call will last approximately one hour. The call will be... Read more

Kaman to transfer listing to NYSE

Kaman to transfer listing to NYSE

29-Jan-2012Source: Kaman

Kaman Corporation, a leader in the aerospace and industrial distribution markets, announced today that it is transferring the listing of its common stock to the New York Stock Exchange (NYSE) from the NASDAQ Global Select Market (NASDAQ). The Company expects to begin trading on the NYSE on February 7, 2012 under its current ticker symbol... Read more

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