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 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… Read more »
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 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 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 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 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 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 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 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 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 (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 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 »
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.
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.
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 »
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 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 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 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 »
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 »
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 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 »
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 (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 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 »
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 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 »
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 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 »
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 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 »
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 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 »
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 »
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 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 »
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 »
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 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. (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 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 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 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 »
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 »
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 »
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 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 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 »
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 »
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
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 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 »
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 »
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 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 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 »
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 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 »
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 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 »
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 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 »
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 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 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 »
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 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 »
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 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 »
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 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 »
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 »
