Kaman Receives K-MAX® Order from Columbia Basin Helicopters

LONDON--()--HELITECH INTERNATIONAL -- Kaman Aerosystems, a division of the aerospace segment of Kaman Corporation (NYSE:KAMN), announced today at the Helitech International Helicopter Expo & Conference that it has signed a contract with Columbia Basin Helicopters for the purchase of a K-MAX® aircraft to be delivered in 2018.

“We are pleased that Columbia Basin’s president and owner, David McCarty, has selected the K-MAX® helicopter to expand his fleet of aircraft,” stated Drake Klotzman, GM, Air Vehicles & Maintenance, Repair and Overhaul Division. “With this agreement we have sold out our initial production lot of ten aircraft and look forward to offering additional aircraft in the marketplace.”

Columbia Basin Helicopters, Inc. of La Grande, Oregon has been operating for over twenty years. Primary operations include aerial application and firefighting. In addition to helicopters, the company operates a number of fixed wing single-engine air tankers for state and federal agencies.

Kaman will have representatives at Helitech International during October 3-4, 2017. Our team will also be available to answer any questions relative to K-MAX® helicopter and other products and services at the Kaman Aerosystems’ Stand H61, London, England.

Development of the K-MAX® was led by Kaman founder and former CEO, aviation pioneer Charles H. Kaman, and received Federal Aviation Administration certification in 1994. 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).

About Kaman

Kaman Aerosystems is a division of the Aerospace segment of Kaman Corporation (NYSE:KAMN), which was founded in 1945 by aviation pioneer Charles H. Kaman. Headquartered in Bloomfield, Connecticut, Kaman Corporation conducts business in the aerospace and 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.

Contacts

Kaman Corporation, Bloomfield, CT
James Coogan, 860-243-6342
VP, Investor Relations
James.Coogan@kaman.com
or
K-MAX® Helicopter Programs
Kaman Air Vehicles & MRO
Terry Fogarty, 860-243-7431 (office)
860-214-7225 (mobile)
Senior Director, Business Development
Terry.Fogarty@kaman.com

Contacts

Kaman Corporation, Bloomfield, CT
James Coogan, 860-243-6342
VP, Investor Relations
James.Coogan@kaman.com
or
K-MAX® Helicopter Programs
Kaman Air Vehicles & MRO
Terry Fogarty, 860-243-7431 (office)
860-214-7225 (mobile)
Senior Director, Business Development
Terry.Fogarty@kaman.com