Kaman Corporation

Kaman Corp. engages in the design, manufacture and distribution of aircrafts, aircraft parts and components. It operates through the following three segments: Engineered Products, Precision Products and Structures. The firm produces and markets proprietary aircraft bearings and components, super precision, miniature ball bearings, proprietary spring energized seals, springs and contacts, complex metallic and composite aero structures for commercial, military, and general aviation fixed and rotary wing aircraft, and safe and arming solutions for missile and bomb systems for the U.S. and allied militaries. The company was founded by Charles H. Kaman in 1945 and is headquartered in Bloomfield, CT.

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Kaman Corporation reports robust Q4 earnings, eyes growth opportunities

Kaman Corporation's Q4 2022 performance reflects strong sales growth and improved profitability, driven by the Engineered Products segment and strategic cost optimization.
Challenges in 2022 included operational issues and planned volume reductions, while opportunities lie in revenue growth, cost savings, and market alignment with peers.
The company's focus on financial efficiency, product innovation, and addressing upcoming refinancing needs will be critical for sustained growth and market positioning.
Overall, Kaman Corporation's performance showcases resilience, strategic foresight, and a commitment to long-term financial success amidst operational challenges and market dynamics.

Kaman Corp excels in Q1 2023, eyes growth through innovation

Kaman Corporation's Q1 2023 performance reflects strong sales growth and improved profitability across key segments.
Strategic actions, diverse revenue sources, and financial discipline underscore the company's resilience and growth potential.
Challenges in certain segments necessitate focused efforts on product innovation and operational efficiency.
Opportunities in next-gen products, operational optimization, and financial management position the company for sustainable growth.

Kaman Corporation reports robust Q2 performance, focuses on growth opportunities

Kaman Corporation's Q2 2023 earnings call highlighted strong sales growth, operational efficiency improvements, and strategic initiatives to drive profitability. While facing challenges in certain segments, the company remains focused on capitalizing on growth opportunities and reducing leverage to enhance shareholder value.

Kaman Corp reports robust Q3 growth, eyes high-growth opportunities

Kaman Corporation's Q3 performance reflects strong sales growth, particularly in key segments like Engineered Products and commercial aviation, while facing challenges in certain segments.
The company's strategic focus on investing in growth areas, optimizing costs, and advancing innovative products like the KARGO UAV system underscores its commitment to long-term success.
Revised full-year outlook with higher adjusted EBITDA range signals confidence in future prospects, highlighting Kaman's resilience and adaptability in navigating market dynamics.

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Since 1945, Kaman has been a leading innovator in the aerospace industry, serving commercial and military customers around the world. Its technical expertise and broad array of solutions has helped the organization grow to become one of North America's largest industrial distributors and system consultants.  The Kaman Aerospace Group serves commercial and military customers around the world and employs over 2,900 individuals at 21 global facilities. The business segment accounted for 39% of 2016 consolidated revenues, which were comprised of defense, fuzing, and commercial sales.  The Kaman Distribution Group offers a broad array of solutions that have helped it grow to become on of North America's largest industrial distributors and system consultants. The division employs over 2,200 individuals at 240 locations across the United States. It accounts for 61% of 2016 consolidated revenues, which came from the Bearings & Power Transmission, Automation, and Fluid Power product platforms.

Textron

BLOOMFIELD, Conn.--(BUSINESS WIRE)--Kaman and Textron Systems have recently announced a Strategic Alliance Agreement. This agreement facilitates collaboration on opportunities and critical technologies for Kaman's KARGO UAV. Textron Systems, with its extensive 30-year experience in unmanned aircraft systems (UAS), brings a wealth of knowledge and technical expertise, as well as insights on safety and airworthiness. “This agreement enables the team to maintain pace as we move closer to productio.

Kaman And Textron Systems Join Forces To Advance KARGO UAV Technology

BLOOMFIELD, Conn.--(BUSINESS WIRE)--Kaman Corporation proudly announces the significant achievement of the first flight of the full-scale KARGO UAV, a purpose-built, autonomous, expeditionary resupply vehicle. This milestone, which took place in December of 2023, signifies a major accomplishment in the ongoing flight test progression. The development of this medium-lift UAS, initiated in 2021 to address logistics needs for U. S. Marine Corps operations, is now well underway. “It is difficult to.

KARGO UAV Takes Flight: Kaman Corporation Celebrates Successful First Flight of Autonomous KARGO UAV

BLOOMFIELD, Conn.--(BUSINESS WIRE)--Kaman Corp. (NYSE:KAMN) (“Kaman” or the “Company”) announced it delivered a new medium-to-heavy lift K‑MAX® helicopter to Black Tusk Helicopter Inc. of Squamish, BC, Canada. Black Tusk performs various external lift projects of every scale, ranging from aerial timber harvesting, ski tower setting, firefighting, and hydroelectric projects. “Black Tusk is a highly respected operator, and we appreciate the confidence Black Tusk has placed in Kaman and the capabi.

Kaman Delivers New K-MAX® to Black Tusk Helicopter Inc.

BLOOMFIELD, Conn.--(BUSINESS WIRE)--Kaman Corporation (“Kaman" or the “Company”) today announced the completion of its acquisition by Arcline Investment Management, L.P. ("Arcline”) in an all-cash transaction with a total enterprise value of approximately $1.8 billion. The transaction was previously announced on January 19, 2024, and was approved by Kaman shareholders on April 17, 2024. With the completion of the transaction, Kaman shareholders will receive $46.00 per share in cash. Kaman's com.

Arcline Completes Acquisition of Kaman

Cohen & Steers

NEW YORK , April 18, 2024 /PRNewswire/ -- Cohen & Steers Inc. (NYSE:CNS) will replace Kaman Corp. (NYSE:KAMN) in the S&P SmallCap 600 effective prior to the opening of trading on Tuesday, April 23. Arcline Investment Management LP is acquiring Kaman in a deal expected to close on April 19, pending final closing conditions.

Cohen & Steers Set to Join S&P SmallCap 600

NEW YORK , March 26, 2024 /PRNewswire/ -- Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and is investigating Kaman Corp. (NYSE: KAMN), relating to its proposed sale to Arcline Investment Management, L.P.

URGENT: The M&A Class Action Firm Encourages Shareholders of Kaman Corp. to Take Action Before the Merger Vote on April 17, 2024 - KAMN

NEW ORLEANS , March 19, 2024 /PRNewswire/ --  Former Attorney General of Louisiana Charles C. Foti, Jr., Esq.

KAMAN INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Kaman Corporation - KAMN

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Kaman Corporation (NYSE: KAMN) to Arcline Investment Management, L.P. Under the terms of the proposed transaction, shareholders of Kaman will receive $46.00 in cash for each share of Kaman that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whet.

KAMAN INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Kaman Corporation - KAMN

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Kaman (KAMN) came out with quarterly earnings of $0.12 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.42 per share a year ago.

Kaman (KAMN) Matches Q4 Earnings Estimates

BLOOMFIELD, Conn.--(BUSINESS WIRE)--Kaman Corp. (NYSE:KAMN) ("Kaman" or "the Company") today reported financial results for the fourth fiscal quarter and full year ended December 31, 2023. Table 1. Summary of Financial Results (unaudited) Thousands of U.S. dollars (except share data)   Three Months Ended   Twelve Months Ended     December 31, 2023   September 29, 2023   December 31, 2022   December 31, 2023   December 31, 2022 Net sales   $ 203,123     $ 183,031     $ 197,143     $ 775,854    .

Kaman Reports Fourth Quarter and Full Year 2023 Results

BLOOMFIELD, Conn.--(BUSINESS WIRE)--(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 April 11, 2024, to shareholders of record on March 19, 2024. About Kaman 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 produces and markets proprietary.

Kaman Board of Directors Declares Dividend

Kaman (KAMN) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

Kaman (KAMN) Soars 100.9%: Is Further Upside Left in the Stock?

MILWAUKEE , Jan. 19, 2024 /PRNewswire/ -- Ademi LLP is investigating Kaman (NYSE: KAMN)  for possible breaches of fiduciary duty and other violations of law in its transaction with Arcline. Click here to learn how to join the https://www.ademilaw.com/case/kaman-corp or call Guri Ademi toll-free at 866-264-3995.

Shareholder Alert: Ademi LLP investigates whether Kaman Corp. has obtained a Fair Price in its transaction with Arcline

Aerospace and defense technology producer Kaman (NYSE: KAMN ) is skyrocketing today on news that it will be taken private. According to recent reports, the company has agreed to a take-private all-cash $1.8 billion deal with private equity firm Arcline Investment Management.

Why Is Kaman (KAMN) Stock Up 100% Today?

Private equity firm Arcline Investment Management has agreed to take Kaman private for $46 per share. This deal will be all cash and should close within the next six months.

Why Kaman Stock Just Doubled in a Day

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Kaman Corp. (NYSE: KAMN) to Arcline Investment Management, L.P. for $46.00 per share in cash is fair to Kaman shareholders. Halper Sadeh encourages Kaman shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com. The investigation concerns whether Kaman an.

KAMN Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Kaman Corp. Is Fair to Shareholders

Kaman Corp.'s stock doubled in premarket trading Friday after it agreed to be taken private by Arcline Investment Management in a deal valued at $1.8 billion.

Kaman going private at 105% premium in deal valued at $1.8B

BLOOMFIELD, Conn.--(BUSINESS WIRE)--Kaman Corp. (NYSE:KAMN) (“Kaman" or the “Company”) today announced that it has entered into a definitive agreement to be acquired by Arcline Investment Management, L.P. ("Arcline”), a growth-oriented private equity firm with deep experience investing in technology-driven, meaningful-to-the-world industrial businesses, in an all-cash transaction with a total enterprise value of approximately $1.8 billion. Upon completion of the transaction, Kaman will become a.

Kaman to be Acquired by Arcline for $1.8 Billion

Kaman Corporation (NYSE:KAMN ) Q3 2023 Earnings Conference Call November 2, 2023 8:30 AM ET Corporate Participants Matthew Petterson - Chief Accounting Officer and Controller Ian Walsh - Chairman, President and Chief Executive Officer Carroll Lane - Senior Vice President and Interim Chief Financial Officer Conference Call Participants Tony Bancroft - GAMCO Investors, Inc., Jacob Moore - KeyBanc Capital Markets Operator Good day and thank you for standing by. Welcome to the Kaman Corporation Q3 2023 Conference Call.

Kaman Corporation (KAMN) Q3 2023 Earnings Call Transcript

BLOOMFIELD, Conn.--(BUSINESS WIRE)--Kaman Corp. (NYSE:KAMN) today reported financial results for the third fiscal quarter ended September 29, 2023. Table 1. Summary of Financial Results (unaudited)         Thousands of U.S. dollars (except share data)   Three Months Ended   For the Nine Months Ended     September 29, 2023   June 30, 2023   September 30, 2022   September 29, 2023   September 30, 2022 Net sales   $ 183,031   $ 195,158   $ 172,004   $ 572,731   $ 490,818 Net earnings (loss)     1,.

Kaman Reports Third Quarter 2023 Results

Kaman operates in the aerospace and defense, medical, and industrial markets. Analysts expect a decline in earnings per share for Q3 2023, but the company has a history of beating estimates. Kaman pays a quarterly dividend of $0.20, bringing its yield to 4.28%. The dividend has not increased since 2017.

Kaman Stock Held Back By The Weight Of Debt

BLOOMFIELD, Conn.--(BUSINESS WIRE)--Kaman Corp. (NYSE:KAMN) announced today that it will report its third quarter 2023 results after the stock market closes on Wednesday, November 1, 2023, and host a live webcast and conference call at 8:30 am ET on Thursday, November 2, 2023. A supplemental presentation relating to the third quarter 2023 results will be posted to the Company's website prior to the earnings call at http://www.kaman.com/investors/quarterly-earnings-calls. Participants must regis.

Kaman Corporation Announces Release Date for Third Quarter 2023 Earnings

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