Kaman Completes First K-MAX® Aiframe from Jacksonville Production Line

January 17, 2017

BLOOMFIELD, Conn.--(BUSINESS WIRE)--Jan. 17, 2017--
Kaman Aerosystems (Kaman) (NYSE:KAMN) announced today that it has
successfully delivered its first airframe from the re-opened K-MAX®
production line in Jacksonville, Florida to the Company’s plant in
Bloomfield, Connecticut where it will undergo final assembly, testing,
and certification.

This Smart News Release features multimedia. View the full release here:

The first K-MAX® airframe produced at the Company’s Jacksonville, FL facility is shown being painted ...

The first K-MAX® airframe produced at the Company’s Jacksonville, FL facility is shown being painted at the Company’s plant in Bloomfield, CT. (Photo: Business Wire)

“Delivery of the first K-MAX® aircraft to our customer is
scheduled to take place during the second quarter of this year following
completion of the remaining assembly and testing at our Bloomfield
facility. Producing the initial airframe is an important milestone for
the program,” according to
Drake Klotzman, Air Vehicles & MRO (AVMRO)
Division General Manager. “There will be a number of efforts occurring
simultaneously over the next few months, including the assembly of the
aircraft, FAA production certification efforts, customary one-time
inspections associated with the first aircraft, and flight test.”
Klotzman also stated, “Our experienced employees are working diligently
to complete the first aircraft in order to have deliveries to customers
begin this spring with multiple deliveries to follow during 2017.

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).

Development of the K-MAX® was led by Kaman founder and former
CEO, aviation pioneer
Charles H. Kaman, and received Federal Aviation
certification in 1994. The aircraft are used around the
world for firefighting, logging, construction 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
in Afghanistan for thirty-three months from 2011-2014 carrying
more than 4.5 million pounds of cargo. Development efforts to increase
the military mission capabilities of the unmanned platform continue.
Additional unmanned firefighting and humanitarian missions for K-MAX®
are also being developed and tested.

Risks Associated with Forward- Looking Statements

This release includes "forward looking statements" relating to the K-MAX®
program discussed above. These statements are based on assumptions
currently believed to be valid, but they involve risks and uncertainties
that could cause our actual results to differ from those expressed in
the forward looking statements. Important uncertainties that could cause
our actual results to differ from those expressed in the forward looking
statements are identified in our reports filed with the SEC, including
our Quarterly Reports on Form 10-Q, our Annual Reports on Form 10-K, and
our Current Reports on Form 8-K. The forward looking statements included
in this press release are made only as of the date of this release, and
Kaman does not undertake any obligation to update the forward looking
statements to reflect subsequent events or circumstances.

About Kaman

Kaman Aerosystems is a division of the Aerospace Segment of Kaman
(NYSE:KAMN). Kaman Corporation, founded in 1945 by aviation
Charles H. Kaman, and headquartered in Bloomfield, Connecticut
conducts business in the aerospace and industrial distribution markets.
The company produces and markets 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; safe and arming solutions for
missile and bomb systems for the U.S. and allied militaries; subcontract
helicopter work; restoration, modification and support of our SH-2G
Super Seasprite maritime helicopters; manufacture and support of our
K-MAX® manned and unmanned medium-to-heavy lift helicopters; and
engineering design, analysis and certification services. The company is
a leading distributor of industrial parts, and operates approximately
240 customer service centers and five distribution centers across the
U.S. and Puerto Rico. Kaman offers more than four million items
including bearings, mechanical power transmission, electrical, material
handling, motion control, fluid power, automation and MRO supplies to
customers in virtually every industry. Additionally, Kaman provides
engineering, design and support for automation, electrical, linear,
hydraulic and pneumatic systems as well as belting and rubber
fabrication, customized mechanical services, hose assemblies, repair,
fluid analysis and motor management. More information is available at www.kaman.com.

Source: Kaman Aerosystems

Eric Remington
VP, Investor Relations
Kaman Corporation,
Bloomfield, CT
Director, Business Development
Helicopter Programs
Kaman Air Vehicles and MRO
860-214-7225 (mobile)