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Last updated on April 25, 2014 at 1:22 EDT

Latest Kaman Corporation Stories

2013-02-21 20:23:24

Alliance strengthens services for customers that have assets across North America. TSX Symbol:  WJX TORONTO, Feb. 21, 2013 /CNW/ - Wajax Industrial Components ("WIC"), a division of Wajax Corporation and Kaman Industrial Technologies Corporation ("Kaman") of Bloomfield Connecticut, two of North America's leading industrial distributors announced today that they have formed a strategic alliance, strengthening the services offered to customers that have business assets in the...

2012-07-31 10:21:36

WEBSTER FIELD, Md., July 31, 2012 /PRNewswire/ -- 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 to personnel by improvised explosive devices by thousands of hours. Earlier this year, the Marine...

2012-05-21 06:20:58

39,246 Florida jobs at stake JACKSONVILLE, Fla., May 21, 2012 /PRNewswire-USNewswire/ -- 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...

2012-05-09 02:21:02

WASHINGTON, May 9, 2012 /PRNewswire/ -- 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 and resupply troops in a combat zone. They have been keeping a steady pace of six missions...

2011-10-05 12:07:00

OWEGO, N.Y., Oct. 5, 2011 /PRNewswire/ -- The Marine Corps will deploy the Lockheed Martin [NYSE: LMT] and Kaman [NASDAQ-GS: KAMN] unmanned K-MAX® to Afghanistan next month. The decision follows the successful completion of a five-day Quick Reaction Assessment for the U.S. Navy's Cargo Unmanned Aircraft Systems (UAS) program. A formal report, released last week by Commander Operational Test and Evaluation Force, confirmed that the unmanned K-MAX exceeded the Navy and...

2011-09-06 11:07:00

OWEGO, N.Y., Sept. 6, 2011 /PRNewswire/ -- The Lockheed Martin (NYSE: LMT)-led unmanned K-MAX® team successfully completed a five-day Quick Reaction Assessment (QRA) for the U.S. Navy's Cargo Unmanned Aircraft Systems (UAS) program. "The autonomous flying K-MAX is designed to resupply Marines on the battlefield and in remote locations," said Roger Il Grande, director of Airborne Systems at Lockheed Martin Mission Systems & Sensors. "Through various scenarios during...

2011-08-16 08:07:00

WASHINGTON, Aug. 16, 2011 /PRNewswire/ -- The U.S. Army awarded Lockheed Martin (NYSE: LMT) a $47 million contract to develop, demonstrate and deliver autonomous technologies for unmanned air systems in support of in-theater unmanned cargo resupply missions. Under the contract, Lockheed Martin and Kaman Aerospace (NASDAQ GS: KAMN) will demonstrate intelligent autonomous technologies for unmanned aerial systems using the K-MAX helicopter platform. The Army's Aviation Applied Technology...

2010-12-10 10:07:00

WASHINGTON, Dec. 10, 2010 /PRNewswire/ -- The U.S. Naval Air Systems Command awarded Lockheed Martin (NYSE: LMT) and Kaman Aerospace (Nasdaq: KAMN) a $45.8 million contract for K-MAX® unmanned aircraft systems for a U.S. Marine Corps evaluation of unmanned cargo resupply in an operational forward deployed environment. "The K-MAX UAS was specifically designed for the battlefield cargo resupply mission," said Dan Spoor, Lockheed Martin Aviation Systems vice president....

2010-11-15 19:20:00

BLOOMFIELD, Conn., Nov. 15, 2010 /PRNewswire-FirstCall/ -- (Nasdaq: KAMN) Kaman Corporation ("Kaman") announced today pricing of $100,000,000 aggregate principal amount of 3.25% convertible senior notes due 2017 (the "Convertible Notes"). The Convertible Notes were offered in a private placement solely to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"). The $100,000,000 aggregate principal amount of Convertible Notes...

2010-11-15 06:00:00

BLOOMFIELD, Conn., Nov. 15, 2010 /PRNewswire-FirstCall/ -- (Nasdaq GS: KAMN) -- Kaman Corporation ("Kaman") announced today its intention to offer $75,000,000 aggregate principal amount of convertible senior notes due 2017 (the "Convertible Notes") in a private placement solely to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"), subject to market and other conditions. Kaman also expects to grant the initial...