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Kaman

#4833

Rank

$1.31B

Marketcap

US United States

Country

Kaman
Leadership team

Mr. Ian K. Walsh (Pres, CEO & Chairman)

Mr. James G. Coogan (Sr. VP & CFO)

Mr. Russell James Bartlett (Sr. VP & COO)

Products/ Services
Aerospace, Industrial, Industrial Automation, Manufacturing, Mechanical Engineering, Product Design
Number of Employees
1,000 - 20,000
Headquarters
Bloomfield, Connecticut, United States
Established
1945
Company Registration
SEC CIK number: 0000054381
Net Income
20M - 100M
Revenue
500M - 1B
Traded as
KAMN
Social Media
Overview
Location
Summary
Kaman Corporation, together with its subsidiaries, operates in the aerospace, defense, medical, and industrial markets. The company operates through three segments: Engineered Products, Precision Products, and Structures. The Engineered Products segment produces and markets aircraft bearings and components; super precision miniature ball bearings; and spring energized seals, springs, and contacts. The Precision Products segment provides safe and arming solutions for missile and bomb systems for the U.S. and allied militaries; undertakes subcontract helicopter works; restores, modifies, and supports its SH-2G Super Seasprite maritime helicopters; and manufactures and supports heavy lift K-MAX manned helicopter, the K-MAX TITAN unmanned aerial system, and the KARGO UAV unmanned aerial system. The Structures segment offers metallic and composite aero structures for commercial, military, and general aviation fixed and rotary wing aircrafts; and medical imaging solutions. The company operates in North America, Europe, the Middle East, Asia, Oceania, and internationally. Kaman Corporation was incorporated in 1945 and is headquartered in Bloomfield, Connecticut.
History

Charles Kaman founded the company in December 1945 with $2,000 of capital and his invention of the servo-flap controlled rotor.

January 15, 1947

K-125 - Kaman's first helicopter; Kaman selected an intermeshed contrarotating twin rotor design.July 1949

K-225 - An improved version of the K-125; the U.S. Navy bought two and the U.S. Coast Guard one for $25,000 each. Later, they received the H-22 designation.December 1951

A modified K-225 equipped with a Boeing 502 turboshaft engine becomes the world's first gas turbine powered helicopter. This aircraft is now at the Smithsonian Institution's National Air and Space Museum.1953

Kaman produced the first electrically-powered drone.April 1953

Ordered for the U.S. Marine Corps, the HOK-1 first flies; Air Force version was the H-43A Huskie.1954

K-16 A V/STOL designed around a rotoprop.March 1954

A modified Kaman HTK-1 becomes the world's first twin-turbine powered helicopter.September, 1956

HH-43 Huskie — A variant of the OH-43, equipped with a Lycoming T-53 gas turbine engine.July 1957

QH-43 - A HTK-1 modified as a UAV.

In the late 1950s, Kaman built the Kaman K-17, an experimental tip jet powered helicopter. using a Blackburn Aircraft-built Turbomeca Turmo turbine powering a compressor delivering cold air to the rotor tips.July 2, 1959

The HU2K-1, selected by the U.S. Navy as a general purpose naval helicopter, makes its first flight. It enters service as the UH-2A Seasprite in 1962.March 1960

Kaman develops and flies the first all-composite main rotor blade.

In October 1961 the H-43 Huskie set an altitude record of 10,000 m and rate of climb records. Anton Flettner who emigrated to the United States and became the chief designer for Kaman Aircraft, creating the Kaman HH-43 Huskie.During the Korean and Vietnam Wars, the Huskie flew more rescue missions than all other aircraft combined, with the best safety record of any U.S. military aircraft.1962

UH-2A / B production begins.January 1964

First flight of Kaman's experimental Convertiplane equipped with a GE J-85 turbojet engine and wings from a Beechcraft Queen Air. The aircraft achieves speeds of over 320 km/h.1965

Tomahawk — A Seasprite modified with stub wings and a pair of twin guns side-by-side under the nose. Kaman's proposal for the U.S. Army 's interim gunship helicopter between the AAFSS and AAH competitions. Lost to the Bell 209 .

Due to the limited power of its single engine, the Seasprites are modified for the U.S. Navy into twin-turbine helicopters.1969

U.S. Navy begins Light Airborne Multi-Purpose System development to obtain an onboard helicopter for escort ships.1971

SAVER — The Stowable Aircrew Vehicle Escape Rotoseat is the first jet-powered autogyro with telescoping rotor blades.May 1973

SH-2F Seasprite — The LAMPS Mk I enters U.S. Navy service.July 1976

Kaman designs and begins manufacturing the K-747 blade, the world's first production all-composite rotor blade for the Bell AH-1 Cobra helicopter. Total production exceeds 4,000 blades.January 1991

Magic Lantern, a new laser-based mine countermeasures system, is deployed in the Persian Gulf during Operation Desert Storm. It is highly successful in locating mines.February 1993

SH-2G Super Seasprite — The new version of the Seasprite, with new avionics, mission electronics, and GE T-700 engines, enters U.S. Navy service.August 1994

K-1200 K-MAX — a purpose-built helicopter with intermeshing rotors specializing in external load operations.November 1998

The Egyptian Air Force accepts delivery of its 10th SH-2G Super Seasprite for use in anti-submarine warfare missions, completing the order and becoming the first international customer to operate the aircraft.August 1999

New Zealand approves purchase of SH-2G.January 2000

Australian SH-2G begins initial flight testing.January 2001

U.S. federal government purchases 5 K-MAX for Peru.October 2002

The 5 Peruvian K-MAX are transferred to the Colombian Army where they are still in service as of 2008.June 2008

All Royal Australian Navy SH-2G Seasprite helicopters are withdrawn from service and returned to supplier as budget blew-out and contract specifications unable to be met.

Kaman acquires Brookhouse Holdings Limited, a world leading composite development company based in the United Kingdom, and renames it Kaman Composites UK Ltd.January 31, 2011

Charles Kaman, founder of Kaman Aircraft, died in Bloomfield, Connecticut.November 2015

Kaman announces that it was acquiring GRW Bearing GmbH for $142.9 million. GRW designs and manufactures precision ball bearings, and has production facilities in Europe.May 2022

Kaman announced it had acquired Parker-Hannifin's aircraft wheel and brake division for $440 million US.

Mission
Designing products in aerospace ,satellite applications and motor supports in hydroelectric dam.
Vision
Sustainable leadership tocustomers, stakeholders and employes.
Key Team

Mr. Shawn G. Lisle (Sr. VP, Gen. Counsel & Assistant Sec.)

Ms. Kristen Mcdonald Samson (VP and Chief Marketing & Communications Officer)

Mr. Rafael Z. Cohen (VP & Chief Information Officer)

Kary Bare (Director of Investor Relations)

Mr. Richard C. Forsberg (VP and Chief Ethics & Compliance Officer)

Mr. Philip A. Goodrich (Sr. VP of Corp. Devel.)

Ms. Megan A. Morgan (Chief HR Officer & VP of HR)

Recognition and Awards
Kaman was recognized as an “Aerospace and Defense Market Leader” in Forbes’ 2013 Global 2000. Additionally, Kaman received the 2018 Best Places to Work Award from the Connecticut Technology Council in its Large Business category, and the 2018 Industry of the Year Award from the same organization.
References

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Kaman
Leadership team

Mr. Ian K. Walsh (Pres, CEO & Chairman)

Mr. James G. Coogan (Sr. VP & CFO)

Mr. Russell James Bartlett (Sr. VP & COO)

Products/ Services
Aerospace, Industrial, Industrial Automation, Manufacturing, Mechanical Engineering, Product Design
Number of Employees
1,000 - 20,000
Headquarters
Bloomfield, Connecticut, United States
Established
1945
Company Registration
SEC CIK number: 0000054381
Net Income
20M - 100M
Revenue
500M - 1B
Traded as
KAMN
Social Media