K-MAX

Dodge Celebrates HEMI® Day, Gives Fans an Exclusive Behind-the-scenes Look at Dodge Challenger SRT Demon 170's Jaw-dropping Helicopter-drop Reveal

Retrieved on: 
Wednesday, April 26, 2023

including Jay Leno, who describe their inspiration behind the reveal and passion for the Dodge brand.

Key Points: 
  • including Jay Leno, who describe their inspiration behind the reveal and passion for the Dodge brand.
  • Tim Kuniskis, Dodge brand CEO, said at the event, "There was no way we were going to let this era end quietly.
  • A replay of the Dodge Challenger SRT Demon 170 entire reveal, as well as event highlights from Dodge Last Call Powered by Roadkill Nights Vegas event , is available for viewing at DodgeGarage.com.
  • For more than 100 years, the Dodge brand has carried on the spirit of brothers John and Horace Dodge.

Kaman Announces Next Transformational Steps to Optimize Cost Structure and Focus on Highest Growth Opportunities

Retrieved on: 
Wednesday, January 18, 2023

Kaman Corporation (NYSE: KAMN) (the “Company”) today 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.

Key Points: 
  • Kaman Corporation (NYSE: KAMN) (the “Company”) today 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.
  • Of these amounts, approximately $61 million is expected to be recorded in the fourth quarter of 2022, with the remainder expected throughout 2023 and 2024.
  • Ian K. Walsh, Chairman, President, and Chief Executive Officer, commented, “In December, we announced plans to consolidate our Joint Programmable Fuze production and optimize our cost structure to ensure alignment with the highest growth opportunities.
  • These initiatives will allow Kaman to focus on driving meaningful growth in its core businesses and improving earnings over time.

Kaman Announces Next Phase of Transformation

Retrieved on: 
Thursday, December 8, 2022

(NYSE:KAMN) Kaman Corporation (the Company) today announced actions to continue reshaping the Companys portfolio, enhance operational efficiency, improve financial performance and position Kaman for long-term growth and sustainable value creation.

Key Points: 
  • (NYSE:KAMN) Kaman Corporation (the Company) today announced actions to continue reshaping the Companys portfolio, enhance operational efficiency, improve financial performance and position Kaman for long-term growth and sustainable value creation.
  • In all businesses, Kaman will maintain focus on continuous improvement, reducing variation and inefficiencies in the Companys value streams.
  • Kaman Corporation, founded in 1945 by aviation pioneer Charles H. Kaman, and headquartered in Bloomfield, Connecticut, conducts business in the aerospace & defense, industrial and medical markets.
  • Readers are cautioned not to put undue reliance on forward-looking statements, and Kaman does not undertake any obligation to update the forward-looking statements to reflect subsequent events or circumstances.

Kaman Board of Directors Declares Dividend

Retrieved on: 
Monday, November 14, 2022

(NYSE:KAMN) The Kaman Corporation board of directors declared a regular quarterly dividend of 20 cents per common share.

Key Points: 
  • (NYSE:KAMN) The Kaman Corporation board of directors declared a regular quarterly dividend of 20 cents per common share.
  • The dividend will be paid on January 12, 2023, to shareholders of record on December 20, 2022.
  • Kaman Corporation, founded in 1945 by aviation pioneer Charles H. Kaman, and headquartered in Bloomfield, Connecticut, conducts business in the aerospace & defense, industrial and medical markets.
  • More information is available at www.kaman.com .

Kaman Corporation Announces Release Date for Third Quarter 2022 Earnings

Retrieved on: 
Thursday, October 20, 2022

Kaman Corp. (NYSE:KAMN) announced today that it will report its third quarter 2022 results after the stock market closes on Tuesday, November 1, 2022, and host a live webcast and conference call at 8:30 am ET on Wednesday, November 2, 2022.

Key Points: 
  • Kaman Corp. (NYSE:KAMN) announced today that it will report its third quarter 2022 results after the stock market closes on Tuesday, November 1, 2022, and host a live webcast and conference call at 8:30 am ET on Wednesday, November 2, 2022.
  • A supplemental presentation relating to the third quarter 2022 results will be posted to the Companys website prior to the earnings call at http://www.kaman.com/investors/quarterly-earnings-calls .
  • Once registration is complete, participants will be provided with a dial-in number containing a personalized PIN to access the call.
  • Kaman Corporation, founded in 1945 by aviation pioneer Charles H. Kaman, and headquartered in Bloomfield, Connecticut, conducts business in the aerospace & defense, industrial and medical markets.

Kaman Announces New K-MAX® Order From North American Helicopter

Retrieved on: 
Tuesday, October 18, 2022

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.

Key Points: 
  • 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 confidence they have placed in Kaman and the capabilities of the K-MAX.
  • Adding K-MAX to our fleet is an important step for expanding our overall external lift capabilities, stated Jessica Bailey, President of North American Helicopter.
  • Kaman Corporation, founded in 1945 by aviation pioneer Charles H. Kaman, and headquartered in Bloomfield, Connecticut, conducts business in the aerospace & defense, industrial and medical markets.

Kaman Selected to Build Cargo UAS Prototype for U.S. Marines

Retrieved on: 
Monday, October 10, 2022

Kaman Air Vehicles, a division of Kaman Corporation (NYSE:KAMN) announced today that they have been selected to build a logistics UAS prototype for the United States Marine Corps.

Key Points: 
  • Kaman Air Vehicles, a division of Kaman Corporation (NYSE:KAMN) announced today 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.
  • Once the prototype is constructed, KARGO UAV will complete a Field User Capability Assessment conducted in an operationally relevant test environment.
  • Kaman began development of its KARGO UAV last year and flew a scaled demonstrator in Fall of 2021 to prove out the concept.

Kaman Corporation Completes Acquisition of the Parker-Hannifin Aircraft Wheel & Brake Division

Retrieved on: 
Monday, September 19, 2022

Kaman Corporation (NYSE:KAMN) announced today that it completed the acquisition of the Parker-Hannifin Corporation (Parker) Aircraft Wheel & Brake Division (Aircraft Wheel & Brake) on September 16, 2022 (the Transaction).

Key Points: 
  • Kaman Corporation (NYSE:KAMN) announced today that it completed the acquisition of the Parker-Hannifin Corporation (Parker) Aircraft Wheel & Brake Division (Aircraft Wheel & Brake) on September 16, 2022 (the Transaction).
  • Aircraft Wheel & Brake has been a trusted provider of mission-critical wheel and brake technology products and solutions for more than 80 years.
  • With a strong OEM and aftermarket portfolio supporting more than 100 platforms, Aircraft Wheel & Brake specializes in wheels, brakes and related hydraulic components for helicopters, fixed-wing and UAV aircraft.
  • We are excited to welcome the Aircraft Wheel & Brake employees to the Kaman family, said Ian Walsh, Chairman, President and Chief Executive Officer.

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

Retrieved on: 
Friday, September 2, 2022

Kaman Corporation (NYSE:KAMN) today 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.

Key Points: 
  • Kaman Corporation (NYSE:KAMN) today 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.
  • To access the broadcast, please register with Gabelli Funds at https://gabelli.zoom.us/webinar/register/WN_n_1v8tNnQUKPWixNQR-bEA .
  • Kaman Corporation, founded in 1945 by aviation pioneer Charles H. Kaman, and headquartered in Bloomfield, Connecticut, conducts business in the aerospace & defense, industrial and medical markets.

Kaman Fuzing Receives Award From the Boeing Company for Standoff Land Attack Missile Expanded Response (SLAM-ER) Program

Retrieved on: 
Monday, August 15, 2022

Kaman Corporation (NYSE: KAMN), announced that its Kaman Precision Products Fuzing division located in Middletown, Connecticut, has received an award from The Boeing Company (NYSE: BA) for the Standoff Land Attack Missile Expanded Response (SLAM-ER) program.

Key Points: 
  • Kaman Corporation (NYSE: KAMN), announced that its Kaman Precision Products Fuzing division located in Middletown, Connecticut, has received an award from The Boeing Company (NYSE: BA) for the Standoff Land Attack Missile Expanded Response (SLAM-ER) program.
  • Kaman is contracted to support engineering for obsolescence redesign and production of 650 safe and arming fuze systems for the SLAM-ER advanced precision-guided, air-launched cruise missile.
  • This award has a total value of approximately $38 million and secures deliveries in support of the SLAM-ER program through 2028.
  • Kaman Precision Products Fuzing, a division of Kaman, possesses extensive knowledge of energetics and explosives for complex electro-mechanical devices.