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News Breaks
July 31, 2014
16:58 EDTKAMNKaman announces $5.4M Joint Programmable Fuze order
Kaman Corporation announced that its Aerospace segment has been awarded a contract modification in the amount of $5.4M for the procurement of Joint Programmable Fuzes, or JPF. The award is a follow-on order raising the cumulative quantity under Option 11 of Kamanís JPF contract with the U.S. Air Force to more than 15,000 fuzes. Delivery of fuzes under Option 11 is anticipated to occur in 2015 and 2016.
News For KAMN From The Last 14 Days
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September 18, 2014
08:39 EDTKAMNKaman sees FY14 free cash flow $50M-$55M, CapEx $30M-$35M
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September 12, 2014
20:36 EDTKAMNKaman announces sale of Moosup Facility
Kaman announced that its subsidiary, Kaman Aerospace Corporation, has sold its former manufacturing facility in Moosup, Connecticut, which has been idle since 2004, to TD Development, LLC. In connection with the sale, Kaman will contribute $4M in cash over a four year period to fund environmental remediation work that is expected to be done on the property, and expects to take a related pre-tax charge of approximately $2.2M in the third quarter. Further terms of the transaction were not disclosed.
11:05 EDTKAMNKaman to host investor day
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September 9, 2014
07:10 EDTKAMNGabelli to hold a conference
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