About Kaman

Kaman Corporation operates as a diversified company that conducts business in the aerospace and defense, medical, and industrial markets. The company's principal customers include the U.S. military, foreign allied militaries, Sikorsky Aircraft Corporation, The Boeing Company, Airbus, Lockheed Martin Corporation, Rolls-Royce, Raytheon and Bell Helicopter. The SH-2G aircraft is in service with the Egyptian Air Force and the New Zealand, Peruvian and Polish navies. Operations are conducted throughout the United States, as well as in manufacturing facilities located in Germany and the Czech Republic. Additionally, the company maintains an investment in a joint venture in India. In the year ended December 31, 2023, two individual customers, The Boeing Company and Lockheed Martin Corporation, accounted for more than 10% of consolidated net sales. Sales to The Boeing Company were primarily made by the Engineered Products and Structures segments, while sales to Lockheed Martin Corporation were primarily made by the Precision Products and Structures segments. Segments The company operates through three business segments: Engineered Products, Precision Products, and Structures. Engineered Products The Engineered Products segment serves the aerospace and defense, industrial and medical markets providing sophisticated, proprietary aircraft bearings and components; super precision, miniature ball bearings; and proprietary spring energized seals, springs and contacts; and wheels, brakes and related hydraulic components for helicopters and fixed-wing and UAV aircraft. Precision Products The Precision Products segment serves the aerospace and defense markets providing precision safe and arming solutions for missile and bomb systems for the U.S. and allied militaries; subcontract helicopter work; restoration, modification and support of the company's SH-2G Super Seasprite maritime helicopters; support of the company's heavy lift K-MAX manned helicopter; and development of the KARGO UAV unmanned aerial system, a purpose built autonomous medium lift logistics vehicle. Structures The Structures segment serves the aerospace and defense and medical end markets providing sophisticated complex metallic and composite aerostructures for commercial, military and general aviation fixed and rotary wing aircraft, and medical imaging solutions. Intellectual Property As of December 31, 2023, the company held a total of 424 patents, 122 of which were U.S. patents and 302 of which were foreign patents. In addition, the company has numerous U.S. and foreign patents pending. The company sells products under a number of registered trademarks that it owns. Registered trademarks of the company include KAflex, KAron, and K-MAX. In all, the company maintained 107 U.S. and foreign trademarks as of December 31, 2023. History Kaman Corporation was founded in 1945. The company was incorporated in 1945.