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Stock Market & Financial Investment News

News Breaks
February 28, 2014
05:33 EDTKAMNKaman Distribution to acquire B.W. Rogers, terms not disclosed
Kaman announced that its Distribution Segment, Kaman Distribution Group, has executed a definitive agreement to acquire substantially all the operating assets of B.W. Rogers Company and certain affiliated entities. The acquisition significantly expands Kamanís footprint in both fluid power and automation. The transaction is expected to close early in Q2. Terms were not disclosed. The transaction excludes operating assets and associated liabilities relating to the sale of certain products, tools, equipment, supplies, accessories and components to the automotive industry, which will continue to be owned and operated by B.W. Rogers. During 2013, B.W. Rogers had sales of approximately $113M, approximately $12.5M of which were attributable to the excluded assets.
News For KAMN From The Last 14 Days
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November 21, 2014
13:16 EDTKAMNKaman announces $28.9M joint programmable fuze order
Kaman Corporation announced that its Aerospace segment has been awarded a contract modification in the amount of $28.9M for the procurement of Joint Programmable Fuzes. The award is a follow-on order raising the total under Option 11 of Kamanís JPF contract with the U.S. Air Force to approximately $90M. Delivery of fuzes under Option 11 is anticipated to occur in 2015 and 2016.
08:06 EDTKAMNKaman awarded contract extension by Bell Helicopter
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November 20, 2014
08:06 EDTKAMNKaman announces agreement with General Dynamics Canada
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