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.
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