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Kaman Announces New K-MAX® Order From Rotex Helicopter AG

September 9, 2019

BLOOMFIELD, Conn.--(BUSINESS WIRE)--Sep 9, 2019--

Kaman Aerospace, a division of Kaman Corporation (NYSE:KAMN), announced today that it received a new order for the K-MAX ® medium-to-heavy lift helicopter, bringing the total number of firm orders since the relaunch of production to twelve aircraft. The most recent order is from Rotex Helicopter AG, of Balzers Liechtenstein, which currently operates multiple K-MAX ® aircraft focused on aerial construction and logging. Delivery of this aircraft is expected in the fourth quarter of 2019.

“Rotex Helicopter AG has been a K-MAX ® operator for over 22 years and has flown over 45,000 flight hours. A new production K-MAX ® will add to our proven aerial lift operations, while providing our customers with a highly reliable low cost solution”, stated Urs Riebli, Owner of Rotex Helicopter AG.

“We are thrilled that Rotex has selected a new K-MAX ® to add to their fleet and we look forward to continuing our relationship with a long-term customer who values the unique capabilities of the aircraft. The reputation of the K-MAX ® as a highly versatile and capable aircraft is translating into the increased level of interest we are seeing from operators around the globe. The order book for K-MAX ® is filling in nicely and we look forward to increasing sales for many years to come”, stated Darlene Smith, VP & GM, Kaman Air Vehicles Division.

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 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 Aerospace

Kaman Aerospace, a division of Kaman Corporation (NYSE:KAMN), was founded in 1945 by aviation pioneer Charles H. Kaman. Headquartered in Bloomfield, Connecticut, Kaman Corporation conducts business in the aerospace & defense, industrial, and medical 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.

View source version on businesswire.com:https://www.businesswire.com/news/home/20190909005322/en/

CONTACT: James Coogan

VP, Investor Relations

Kaman Corporation, Bloomfield, CT

(860) 243-6342

James.Coogan@kaman.com

or

Roger Wassmuth

Senior Director Business Development

Kaman Air Vehicles

(860) 243-7216 (office)

(860) 595-9112 (mobile)

Roger.Wassmuth@kaman.com

KEYWORD: UNITED STATES NORTH AMERICA CONNECTICUT

INDUSTRY KEYWORD: AEROSPACE MANUFACTURING

SOURCE: Kaman Corporation

Copyright Business Wire 2019.

PUB: 09/09/2019 06:45 AM/DISC: 09/09/2019 06:45 AM

http://www.businesswire.com/news/home/20190909005322/en

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