Kaman Signs MOA to Supply Cockpits for Sikorsky Black Hawk Helicopters

Date : 01/22/2008 @ 2:23PM
Source : PR Newswire
Stock : Kaman (MM) (KAMN)
Quote : 29.17  -0.2 (-0.68%) @ 5:41PM
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Kaman Signs MOA to Supply Cockpits for Sikorsky Black Hawk Helicopters

JACKSONVILLE, Fla., Jan. 22 /PRNewswire/ -- Kaman Aerospace Corporation today announced that its Aerostructures Division has signed a Memorandum of Agreement with Sikorsky Aircraft Corporation to manufacture cockpits for BLACK HAWK helicopters through 2012 at Kaman's Jacksonville, Fla., facility. Sikorsky is a subsidiary of United Technologies Corp. (NYSE:UTX).

The agreement calls for Kaman to supply cockpits for Sikorsky's UH-60M, HH-60M and MH-60S model BLACK HAWK helicopters. The value of initial orders to Kaman is approximately $74.3 million. The new multi-year agreement, if fully exercised, has a total potential value to Kaman of approximately $196.4 million.

Kaman began manufacturing cockpits for Sikorsky in 2005 and has delivered 147 cockpits of various models, including UH60L, MH60S, S70A and UH60M models through November 2007. In addition to cockpit structures, Kaman also installs all wiring harnesses, hydraulic assemblies, control pedals and sticks, seat tracks, pneumatic lines, and the composite structure that holds the helicopter windscreen.

Kaman Aerospace Corporation is a subsidiary of Kaman Corporation (NASDAQ:KAMN) of Bloomfield, Conn. The subsidiary is a subcontractor for complex metallic and composite structures and components for commercial, military and general aviation aircraft; designs and manufactures fuzing devices for the U.S. and allied militaries; and markets and supports its SH-2G and K-MAX helicopters.

Kaman Corporation conducts business in the aerospace, industrial distribution and music markets.

DATASOURCE: Kaman Aerospace Corporation

CONTACT: William Brown, VP of Business Development, Aerostructures

Division of Kaman Aerospace Corporation, +1-860-243-7376, or

Web site: http://www.kaman.com/

Company News On-Call: http://www.prnewswire.com/comp/480450.html

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