Kaman Awarded Follow-On Order Valued at $36.0 Million

Kaman Corporation KAMN announced today that its Aerospace segment has been awarded a purchase order from the United States Air Force (USAF) for Joint Programmable Fuzes (JPF). The award for Foreign Military Sales in the amount of $36.0 million is an addition to Option 7 of the company's contract with the USAF bringing the total value of Option 7 to $81.5 million. The total value of JPF contracts awarded to the company by the USAF since program inception is $337.4 million. Delivery of these additional fuzes is anticipated to occur in 2012.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: NewsContractsIndustrialsTrading Companies & Distributors
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!