STOCK TITAN

Kaman Corp - KAMN STOCK NEWS

Welcome to our dedicated page for Kaman news (Ticker: KAMN), a resource for investors and traders seeking the latest updates and insights on Kaman stock.

Kaman Corp. (NYSE: KAMN) maintains leadership in aerospace engineering and defense solutions through precision components and mission-critical systems. This dedicated news hub provides investors and industry professionals with essential updates on corporate developments, technological advancements, and market positioning.

Access real-time updates including earnings announcements, product launches, strategic partnerships, and regulatory milestones. Our curated collection ensures you stay informed about KAMN's contributions to aviation safety, composite manufacturing innovations, and defense system enhancements.

Key coverage areas include proprietary bearing technologies, helicopter production updates, FAA certification achievements, and military contract developments. Each update is vetted for relevance to long-term investors and sector analysts tracking aerospace market trends.

Bookmark this page for streamlined access to Kaman's verified press releases and industry analyses. Monitor how this established innovator addresses evolving demands in commercial aviation and defense logistics through engineering excellence.

Rhea-AI Summary
Kaman Corp. (NYSE:KAMN) delivered a new K-MAX® helicopter to Black Tusk Helicopter Inc. for various external lift projects like timber harvesting and firefighting. The K-MAX® is known for its proven lift capability and performance in demanding environments.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
News
Rhea-AI Summary
Arcline Investment Management, L.P. has completed the acquisition of Kaman in an all-cash transaction valued at approximately $1.8 billion. Kaman shareholders will receive $46.00 per share in cash, leading to the delisting of Kaman's common stock from the New York Stock Exchange.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-100%
Tags
-
Rhea-AI Summary
Cohen & Steers Inc. (NYSE:CNS) is set to replace Kaman Corp. (NYSE:KAMN) in the S&P SmallCap 600 index as Arcline Investment Management LP acquires Kaman. The change will be effective on April 23, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
Rhea-AI Summary
Kaman Corp. (NYSE:KAMN) reported strong financial results for Q4 2023 and FY 2023, with net sales of $203.1 million and $775.9 million, operating income of $12.0 million and $49.1 million, net earnings of $2.0 million and $7.9 million, and adjusted EBITDA of $25.6 million and $106.7 million, respectively. The company's diluted earnings per share were $0.07 and $0.28 per share, adjusted to $0.12 and $0.49 per share. Kaman announced a merger agreement with Arcline Investment Management, L.P. for an all-cash transaction of $46.00 per share, totaling $1.8 billion. The transaction is expected to close in the first half of 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.09%
Tags
-
Rhea-AI Summary
Kaman Corporation (KAMN) declares a regular quarterly dividend of 20 cents per common share, payable on April 11, 2024, to shareholders of record on March 19, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.11%
Tags
management dividends
-
Rhea-AI Summary
Kaman Corp. has entered into an agreement to be acquired by Arcline Investment Management, L.P. for approximately $1.8 billion, with shareholders to receive $46.00 per share in cash, representing a premium of approximately 105% over the closing share price on January 18, 2024. The transaction is expected to close in the first half of 2024, subject to customary closing conditions and approvals.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
100.85%
Tags
Rhea-AI Summary
Kaman Corporation (NYSE:KAMN) Declares Quarterly Dividend of 20 Cents per Share
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.26%
Tags
management dividends
-
News
Rhea-AI Summary
Kaman Corp. (NYSE:KAMN) reported strong financial results for Q3 2023, with net sales of $183.0 million, operating income of $11.9 million, net earnings of $1.5 million, and adjusted EBITDA of $25.2 million. The Engineered Products segment showed sustained growth, leading to a revision of the full-year outlook for higher sales, operating income, and adjusted EBITDA. Diluted earnings per share were $0.05, or $0.10 per share adjusted.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.15%
Tags
-
Rhea-AI Summary
Kaman Corp. to report Q3 2023 results and host conference call
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.06%
Tags
Rhea-AI Summary
Near Earth Autonomy and Kaman Air Vehicles awarded U.S. Army contract for resupply uncrewed aerial system
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.84%
Tags
none
Kaman Corp

NYSE:KAMN

KAMN Rankings

KAMN Stock Data

1.30B
27.95M
1.26%
89.31%
1.78%
Aerospace & Defense
Guided Missiles & Space Vehicles & Parts
Link
United States
BLOOMFIELD