STOCK TITAN

Kaman Precision Products Successfully Demonstrates New Height of Burst Capability With FireBurst™

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

Kaman (NYSE: KAMN) announced successful tests of its FireBurst™ height of burst sensor for Laser Guided Bombs (LGBs) at an overseas location. The tests demonstrated reliable detonation at programmed heights using live warheads. The FireBurst™ system is a field-installable upgrade to Paveway® II systems and can adapt to all LGB sizes, enhancing combat flexibility. Full rate production is anticipated in 2022. However, forward-looking statements in the release caution about risks and uncertainties impacting actual results.

Positive
  • Successful tests of FireBurst™ sensor with live warheads.
  • Enhancement of Paveway® II systems, increasing operational capabilities.
  • Field-installable upgrade adaptable to various LGB sizes.
  • Expected full rate production in 2022.
Negative
  • Risks associated with forward-looking statements impacting actual results.

BLOOMFIELD, Conn.--(BUSINESS WIRE)-- Kaman (NYSE: KAMN) announced today that Kaman Precision Products has successfully tested their new FireBurst™ height of burst sensor for Laser Guided Bombs (LGBs). Earlier this month, several tests were carried out at an overseas location using live warheads, fuzes and guidance kits that were released from fighter aircraft in operationally representative conditions. The systems functioned as expected, detonating at the programmed height above the target.

FireBurst™ is an affordable, field-installable upgrade to the Paveway® II series (or similar) LGB systems in use by the U.S. and over 40 allied countries worldwide. While the initial tests were conducted using the 500 lb GBU-12, the upgrade can be easily adapted to cover all sizes of LGB, from 250 lbs to 2,000 lbs. The FireBurst™ provides ground programmable, cockpit-selectable height of burst without modifying the system’s guidance section, which means it can be retrofitted into existing and new systems. This increases the capability of Paveway® II to include troops in the open, swarming boats, convoys and other area targets while still maintaining the original mission set.

“Paveway® II is one of the most affordable precision weapons available today, and with the addition of Kaman’s FireBurst™ system, it is now even more capable,” said Ms. Darlene Smith, President of Kaman Precision Products. “It gives warfighters much needed flexibility in today’s ever-changing combat environment.” FireBurst™ is expected to enter full rate production in 2022.

Risks Associated with Forward-Looking Statements

This release includes "forward looking statements" relating to the FireBurst™ system. These statements are based on assumptions currently believed to be valid but involve risks and uncertainties that could cause our actual results to differ from those expressed in the forward-looking statements. Important uncertainties that could cause our actual results to differ from those expressed in the forward looking statements are identified in our reports filed with the SEC, including our Quarterly Reports on Form 10-Q, our Annual Reports on Form 10-K, and our Current Reports on Form 8-K. The forward-looking statements included in this press release are made only as of the date of this release, and Kaman does not undertake any obligation to update the forward-looking statements to reflect subsequent events or circumstances

About Kaman Corporation

Kaman Corporation, founded in 1945 by aviation pioneer Charles H. Kaman, and headquartered in Bloomfield, Connecticut, conducts business in the aerospace & defense, industrial and medical markets. Kaman produces and markets proprietary aircraft bearings and components; super precision, miniature ball bearings; proprietary spring energized seals, springs and contacts; 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. More information is available at www.kaman.com.

*Paveway® is a registered trademark of Raytheon Technologies

Barry A. Maxwell

Senior Director, Business Development

Kaman Precision Products

+1-407-670-2239

barry.maxwell@kaman.com

Source: Kaman Corporation

FAQ

What recent development has Kaman announced regarding its FireBurst sensor?

Kaman announced successful tests of its FireBurst™ height of burst sensor for Laser Guided Bombs, demonstrating effective performance in operational conditions.

What are the benefits of the FireBurst™ system for Kaman's Paveway® II LGBs?

FireBurst™ enhances Paveway® II by allowing ground programmable and cockpit-selectable height of burst, increasing flexibility in targeting without modifying existing guidance systems.

When is Kaman expected to enter full rate production for the FireBurst™ system?

Kaman is expected to enter full rate production of the FireBurst™ system in 2022.

What risks are associated with Kaman's forward-looking statements in the press release?

The risks stem from uncertainties that may cause actual results to differ from those expressed, as detailed in Kaman's SEC filings.

Kaman Corp

NYSE:KAMN

KAMN Rankings

KAMN Latest News

KAMN Stock Data

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