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
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
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
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
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
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
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
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
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
28-Oct-2014Source: General Dynamics
General Dynamics Canada has been awarded a multi-million dollar contract to upgrade four SH-2G Super Seasprite helicopters with an integrated mission system to enhance the operational capability of the Peruvian Navy and its ability to meet the demands of modern maritime missions. The contract, facilitated by the Canadian Commercial Corporation (CCC), the Government of Canada’s... Read more
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
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
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
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
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
