Kaman Announces Customer Acceptance of Two K-MAX® Aircraft

July 19, 2017

BLOOMFIELD, Conn.--(July 19, 2017)-- Kaman Corporation (NYSE:KAMN) subsidiary Kaman Aerospace Corporation (Kaman) announced today that its launch customer Lectern Aviation Supplies Co., Ltd. of Hong Kong has formally accepted the first two production K-MAX® aircraft built on Kaman’s re-opened production line. The aircraft are scheduled to be delivered to Guangdong Juxiang General Aviation Co. Ltd, in China, who will operate the aircraft primarily for firefighting.

At a ceremony to celebrate the acceptance with Kaman personnel, the customer, suppliers, and government officials, Kaman AVMRO General Manager Drake Klotzman stated, “I am very proud to lead the team that has brought the K-MAX® back into production. From board approval to acceptance this was a two year process that could not have been accomplished without the tireless work of many dedicated people. I am grateful for the support of all those involved and look forward to delivering many more K-MAX® aircraft to customers around the world.”

K-MAX® aircraft from the re-opened production line have been ordered by customers from around the world including China, Europe and North America. The aircraft is currently in use worldwide for firefighting, logging and other missions requiring repetitive aerial lift capabilities. The U.S. Marine Corps maintains two unmanned K-MAX® aircraft developed with Lockheed Martin. These aircraft successfully supported the U.S. Marine Corps in Afghanistan for thirty-three months from 2011-2014 carrying more than 4.5 million pounds of cargo. Additional unmanned firefighting and humanitarian missions for K-MAX® are also being developed and tested.

Development of the K-MAX® was led by Kaman founder and former CEO, aviation pioneer Charlie H. Kaman, and received Federal Aviation Administration certification in 1994. The single-engine, single-seat K-MAX® is a rugged low-maintenance aircraft that features a counter-rotating rotor system and is optimized for external load operations and designed specifically for vertical reference flight. The aircraft can lift up to 6,000 pounds (2,722 kg).

About Kaman Aerosystems
Kaman Aerosystems is a division of the Aerospace segment of Kaman Corporation (NYSE:KAMN), which was founded in 1945 by aviation pioneer Charles H. Kaman. Headquartered in Bloomfield, Connecticut, Kaman Corporation conducts business in the aerospace and distribution markets. Kaman Corporation (NYSE:KAMN), which was founded in 1945 by aviation pioneer Charles H. Kaman. Headquartered in Bloomfield, Connecticut, Kaman Corporation conducts business in the aerospace and distribution markets. The company produces and/or markets widely used proprietary aircraft bearings and components; super precision, miniature ball bearings; complex metallic and composite aerostructures for commercial, military and general aviation fixed and rotary wing aircraft; aerostructure engineering design analysis and FAA certification services; safe and arm solutions for missile and bomb systems for the U.S. and allied militaries; subcontract helicopter work; production of the K-MAX medium-to-heavy lift helicopter and support for the company's SH-2G Super Seasprite maritime aircraft. More information is available at www.kaman.com.

 

Kaman Corporation
James Coogan
VP, Investor Relations
(860) 243-6342
james.coogan@kaman.com

or

Kaman Air Vehicles & MRO
Terry Fogarty
Director, Business Development
860-243-7431 (office)
860-241-7225 (mobile)
terry.fogarty@kaman.com