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.

Earnings data Q1 2024

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Kaman (KAMN) delivered earnings and revenue surprises of 82.61% and 4.64%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Kaman (KAMN) Q4 Earnings Top Estimates

BLOOMFIELD, Conn.--(BUSINESS WIRE)--Kaman Corp. (NYSE:KAMN) today reported financial results for the fourth fiscal quarter and full year ended December 31, 2022. Table 1. Summary of Financial Results (unaudited) Thousands of U.S.

Kaman Reports Fourth Quarter and Full Year 2022 Results

ABU DHABI, United Arab Emirates--(BUSINESS WIRE)--Kaman Corporation (NYSE: KAMN) announced today that its subsidiary, Kaman Precision Products, Inc. (KPPI), and the Tawazun Council (Tawazun) have signed a Business Plan Approval Letter (BPAL) for Kaman EMEA, Inc. to establish a Height of Burst (HOB) manufacturing and final assembly facility in collaboration with Remah International Group - Sole Proprietorship LLC (RIG) at the Tawazun Industrial Park.

Kaman Precision Products, Inc. and Tawazun Council Sign a Business Plan Approval Letter to Establish Fireburst™ System Height of Burst Manufacturing Technology in UAE

BLOOMFIELD, Conn.--(BUSINESS WIRE)--Kaman Corp. (NYSE:KAMN) announced today that it will report its fourth quarter and full year 2022 results after the stock market closes on Thursday, February 23, 2023, and host a live webcast and conference call at 8:30 am ET on Friday, Friday 24, 2023. A supplemental presentation relating to the fourth quarter and full year 2022 results will be posted to the Company's website prior to the earnings call at http://www.kaman.

Kaman Corporation Announces Release Date for Fourth Quarter and Full Year 2022 Earnings

BLOOMFIELD, Conn.--( BUSINESS WIRE )--Kaman Corporation (NYSE: KAMN) (the “Company”) today announced the next phase in its portfolio reshaping efforts to optimize its cost structure, focus resources on the most compelling growth opportunities, improve financial performance and position Kaman to deliver sustainable shareholder value.

Kaman Announces Next Transformational Steps to Optimize Cost Structure and Focus on Highest Growth Opportunities

BLOOMFIELD, Conn.--( BUSINESS WIRE )--(NYSE:KAMN) Kaman Corporation (the “Company”) today announced actions to continue reshaping the Company's portfolio, enhance operational efficiency, improve financial performance and position Kaman for long-term growth and sustainable value creation.

Kaman Announces Next Phase of Transformation

Kaman Corporation (NYSE:KAMN ) Q3 2022 Earnings Conference Call November 2, 2022 8:30 AM ET Company Participants Kary Bare - Director-Investor Relations Ian Walsh - Chairman, President & Chief Executive Officer Jamie Coogan - Senior Vice President & Chief Financial Officer Conference Call Participants Steve Barger - KeyBanc Capital Markets Larry Solow - CJS Securities. Operator Good day, ladies and gentlemen, and thank you for standing by.

Kaman Corporation (KAMN) Q3 2022 Earnings Call Transcript

Kaman (KAMN) delivered earnings and revenue surprises of -51.52% and 9.41%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Kaman (KAMN) Lags Q3 Earnings and Revenue Estimates

Kaman Reports Third Quarter 2022 Results

BLOOMFIELD, Connecticut--(BUSINESS WIRE)--Kaman Corp. (NYSE:KAMN) announced today that it will report its third quarter 2022 results after the stock market closes on Tuesday, November 1, 2022, and host a live webcast and conference call at 8:30 am ET on Wednesday, November 2, 2022.

Kaman Corporation Announces Release Date for Third Quarter 2022 Earnings

Kaman Announces New K-MAX® Order From North American Helicopter

BLOOMFIELD, Conn.--(BUSINESS WIRE)--Kaman Air Vehicles, a division of Kaman Corporation (NYSE:KAMN) announced today that they have been selected to build a logistics UAS prototype for the United States Marine Corps. Kaman will build a funded military version of its KARGO UAV, a purpose-built autonomous medium-lift logistics vehicle. KARGO UAV carries up to 800 pounds of payload and is designed to operate in austere environments. The USMC project is being managed by NAVAIR PMA-263 under the Medi

Kaman Selected to Build Cargo UAS Prototype for U.S. Marines

BLOOMFIELD, Conn.--(BUSINESS WIRE)--Kaman Corporation (NYSE:KAMN) announced today that it completed the acquisition of the Parker-Hannifin Corporation (“Parker”) Aircraft Wheel & Brake Division (“Aircraft Wheel & Brake”) on September 16, 2022 (the “Transaction”). Aircraft Wheel & Brake has been a trusted provider of mission-critical wheel and brake technology products and solutions for more than 80 years. With a strong OEM and aftermarket portfolio supporting more than 100 platforms

Kaman Corporation Completes Acquisition of the Parker-Hannifin Aircraft Wheel & Brake Division

BLOOMFIELD, Conn.--(BUSINESS WIRE)--Kaman Corporation (NYSE:KAMN) today announced that Ian Walsh, Chairman, President and Chief Executive Officer, will present at the Gabelli Funds 28th Annual Aerospace & Defense Symposium on Thursday, September 8, 2022. Jamie Coogan, Senior Vice President and Chief Financial Officer will also participate in the event. The presentation will be broadcast live via the internet. To access the broadcast, please register with Gabelli Funds at https://gabelli.zoo

Kaman to Address Gabelli Funds 28th Annual Aerospace & Defense Symposium

Boeing

MIDDLETOWN, Conn.--(BUSINESS WIRE)--Kaman Corporation (NYSE: KAMN), announced that its Kaman Precision Products Fuzing division located in Middletown, Connecticut, has received an award from The Boeing Company (NYSE: BA) for the Standoff Land Attack Missile Expanded Response (SLAM-ER) program. Kaman is contracted to support engineering for obsolescence redesign and production of 650 safe and arming fuze systems for the SLAM-ER advanced precision-guided, air-launched cruise missile. This award h

Kaman Fuzing Receives Award From the Boeing Company for Standoff Land Attack Missile Expanded Response (SLAM-ER) Program

Kaman Corp (NYSE:KAMN ) Q2 2022 Earnings Conference Call August 5, 2022 8:30 AM ET Company Participants Kary Bare - Director, IR Ian Walsh - President, CEO & Chairman James Coogan - SVP & CFO Conference Call Participants Larry Solow - CJS Securities Operator Ladies and gentlemen, thank you for standing by and welcome to the Kaman Corporation Q2 2022 Earnings Call. At this time, all participants are in a listen-only mode.

Kaman Corp (KAMN) CEO Ian Walsh on Q2 2022 Results - Earnings Call Transcript

BLOOMFIELD, Conn.--(BUSINESS WIRE)--Kaman Corp. (NYSE:KAMN) today reported financial results for the second fiscal quarter ended July 1, 2022. Table 1. Summary of Financial Results (unaudited) Thousands of U.S. dollars (except share data)   Three Months Ended   Six Months Ended     July 1, 2022   April 1, 2022   July 2, 2021   July 1, 2022   July 2, 2021 Net sales   $ 160,766     $ 158,048     $ 182,394     $ 318,814     $ 354,010   Net earnings     4,064       4,028       11,856       8,092

Kaman Reports Second Quarter 2022 Results

BLOOMFIELD, Conn.--(BUSINESS WIRE)--Kaman Corp. (NYSE:KAMN) announced today that it will report its second quarter 2022 results after the stock market closes on Thursday, August 4, 2022, and host a live webcast and conference call at 8:30 am ET on Friday, August 5, 2022. A supplemental presentation relating to the second quarter 2022 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 register f

Kaman Corporation Announces Release Date for Second Quarter 2022 Earnings

BLOOMFIELD, Conn.--(BUSINESS WIRE)-- #EnergyStorage--Kaman Corporation (NYSE: KAMN) announced today that Carroll K. Lane has been appointed a Senior Vice President of Kaman Corporation and President of its Air Vehicles and Precision Products divisions. Mr. Lane joins Kaman from Pratt & Whitney where he was the President of Commercial Engines and led the development, program management, and aftermarket operations of the company's portfolio of large commercial engines. He succeeds Darlene Smith who is retirin

Kaman Appoints Carroll K. Lane President of Its Air Vehicles and Precision Products Divisions

BLOOMFIELD, Conn.--(BUSINESS WIRE)--Kaman Corporation (NYSE: KAMN) announced today that it has invested $10 million in Pittsburgh, PA based Near Earth Autonomy, Inc. (“Near Earth”), in exchange for a minority interest in the outstanding equity of Near Earth and one seat on its board of directors. The investment by Kaman will allow Near Earth to accelerate its technology to establish an industry standard in autonomous solutions for the next generation of aviation. This partnership also leverages

Kaman Announces $10 Million Investment in Near Earth Autonomy to Accelerate the Deployment of Autonomous Systems

BLOOMFIELD, Conn.--(BUSINESS WIRE)--Kaman Corporation (NYSE:KAMN) announced today that Niharika Taskar Ramdev has been appointed to its Board of Directors. Ms. Ramdev is a highly qualified finance executive with global work experience in the United States, India, China, and Singapore. “We are extremely pleased to welcome Niharika to our Board of Directors,” said Ian Walsh, Chairman, President and CEO of Kaman. “Her impressive background in finance, operations and supply chain and her global per

Kaman Corporation Appoints New Director

Kaman Corporation (NYSE: KAMN) recently announced it is buying Parker-Hannifin's aircraft wheel & brake division for $440 million. These are the details.

Why Kaman (KAMN) Is Buying Parker-Hannifin's Aircraft Wheel & Brake Division For $440 Million

BLOOMFIELD, Conn.--(BUSINESS WIRE)--Kaman Corporation (NYSE:KAMN) announced today that it has entered into a definitive agreement with Parker-Hannifin Corporation (“Parker”), under which Kaman will acquire Parker's aircraft wheel & brake division (“Aircraft Wheel & Brake”) for $440 million, subject to a customary working capital adjustment and the receipt of all necessary regulatory approvals (the “Transaction”). Parker is divesting Aircraft Wheel & Brake in order to secure approval

Kaman Corporation Announces Definitive Agreement to Acquire the Parker-Hannifin Aircraft Wheel & Brake Division

Kaman Corp (NYSE:KAMN ) Q1 2022 Earnings Conference Call May 3, 2022 8:30 AM ET Company Participants Kary Bare - Director, IR Ian Walsh - President, CEO & Chairman James Coogan - SVP & CFO Conference Call Participants Steve Barger - KeyBanc Capital Seth Seifman - JPMorgan Chase & Co. Operator Ladies and gentlemen, thank you for standing by, and welcome to the Kaman Corporation Q1 2022 Earnings Call. At this time, all participants are in a listen-only mode.

Kaman Corp (KAMN) CEO Ian Walsh on Q1 2022 Results - Earnings Call Transcript

BLOOMFIELD, Conn.--(BUSINESS WIRE)--Kaman Corp. (NYSE:KAMN) today reported financial results for the first fiscal quarter ended April 1, 2022. Table 1. Summary of Financial Results (unaudited) Thousands of U.S. dollars (except share data)   Three Months Ended     April 1, 2022   December 31, 2021   April 2, 2021 Net sales   $ 158,048     $ 175,147     $ 171,616   Net earnings     4,028       9,169       7,984   Adjusted EBITDA*     12,186       23,591       17,113   Adjusted EBITDA margin*

News for Kaman Corporation Stock (KAMN)