Kaman

OverviewSuggest Edit

Kaman Corporation is a provider of aerospace solutions for commercial and military applications. It produces and markets flight-critical components, structures, and systems, fuzing and precision products, such as arm fuzing devices, precision measuring systems, and memory products. The company also offers specialty bearings and engineering products for fixed-wing aircraft, rotorcraft, space, marine, hydropower, and oil and gas applications. Kaman Corporation provides a range of services, including engineering design and testing, tooling design and manufacture, advanced machining, composite aerostructure manufacturing, complex assembly, and helicopter maintenance, repair, and overhaul (MRO) support.

TypePublic
Founded1945
HQBloomfield, CT, USMap
Websitekaman.com
Employee Ratings2.9More
Overall CultureD-More
View Jobs (74)

Recent NewsAll News

Latest Updates

Employees (est.) (Dec 2020)3,193(+9%)
Job Openings74
Revenue (FY, 2020)$784.5 M(+4%)
Share Price (Oct 2021)$37.6
Cybersecurity ratingBMore
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Key People/Management at Kaman

Ian K. Walsh

Ian K. Walsh

President and Chief Executive Officer
Russ Bartlett

Russ Bartlett

Senior Vice President and Chief Operating Officer
Shawn Lisle

Shawn Lisle

Senior Vice President and General Counsel
Richard C. Forsberg

Richard C. Forsberg

Vice President and Chief Ethics and Compliance Officer; Vice President, Contracts - Kaman Aerospace
Jairaj Chetnani

Jairaj Chetnani

Vice President and Treasurer
James G. Coogan

James G. Coogan

Vice President, Investor Relations and Business Development
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Kaman Office Locations

Kaman has offices in Bloomfield, Bennington, Colorado Springs, Everett and in 5 other locations
Bloomfield, CT, US (HQ)
1332 Blue Hills Ave
Bennington, VT, US
25 Performance Dr
Bloomfield, CT, US
30 Old Windsor Rd
Colorado Springs, CO, US
3730 Sinton Rd #100
Everett, WA, US
11323 Commando Rd W #200
Middletown, CT, US
217 Smith St
Show all (10)

Kaman Financials and Metrics

Kaman Revenue

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Kaman's revenue was reported to be $784.46 m in FY, 2020 which is a 3% increase from the previous period.
USD

Revenue (Q2, 2021)

182.4m

Gross profit (Q2, 2021)

61.9m

Gross profit margin (Q2, 2021), %

34%

Net income (Q2, 2021)

11.9m

EBIT (Q2, 2021)

14.8m

Market capitalization (12-Oct-2021)

1.0b

Closing stock price (12-Oct-2021)

37.6

Cash (2-Jul-2021)

98.4m

EV

1.1b
Kaman's current market capitalization is $1 b.
Annual
USDFY, 2018FY, 2019FY, 2020

Revenue

736.0m761.6m784.5m

Revenue growth, %

4%3%3%

Cost of goods sold

508.7m520.8m538.9m

Gross profit

227.3m240.8m245.6m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021

Revenue

457.4m174.7m182.7m207.3m177.9m214.0m171.6m182.4m

Cost of goods sold

320.6m122.1m121.5m139.6m121.2m147.1m118.7m120.4m

Gross profit

136.8m52.6m61.1m67.7m56.7m66.9m52.9m61.9m

Gross profit Margin, %

30%30%33%33%32%31%31%34%
show all
Annual
USDFY, 2018FY, 2019FY, 2020

Cash

25.9m471.5m104.4m

Accounts Receivable

149.3m156.5m153.8m

Inventories

131.6m156.4m185.1m

Current Assets

773.1m936.5m598.0m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021

Cash

28.4m17.0m510.0m270.7m235.6m152.3m120.7m98.4m

Accounts Receivable

260.5m100.8m130.2m171.1m176.6m185.1m102.3m99.4m

Inventories

313.9m163.0m173.1m193.2m207.3m188.2m197.3m196.1m

Current Assets

769.0m786.0m953.8m825.2m808.9m708.6m557.5m529.2m
show all
Annual
USDFY, 2018FY, 2019FY, 2020

Net Income

54.2m209.8m(69.7m)

Depreciation and Amortization

29.7m27.9m45.6m

Inventories

(7.1m)(25.1m)(18.5m)

Accounts Payable

10.8m14.0m(9.2m)
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021

Net Income

14.1m27.6m170.4m285.0k185.0k(38.3m)8.0m19.8m

Depreciation and Amortization

10.5m13.3m20.7m10.0m20.7m33.5m9.6m19.3m

Inventories

(19.5m)(31.7m)(43.1m)(25.2m)(38.0m)(18.3m)(13.7m)(12.2m)

Accounts Payable

(9.6m)(2.7m)704.0k(6.4m)(13.9m)(18.3m)(14.7m)(24.1m)
show all
USDFY, 2018

EV/EBIT

55.7 x

EV/CFO

11.3 x

Revenue/Employee

144.3k

Debt/Equity

0.5 x

Debt/Assets

0.2 x

Financial Leverage

2.3 x

P/E Ratio

29.2
Show all financial metrics

Kaman Operating Metrics

Kaman's Backlog was reported to be $510.2m in Q2, 2021.
FY, 2018Q1, 2019Q2, 2019Q3, 2019FY, 2019Q1, 2020Q2, 2020Q3, 2020FY, 2020Q1, 2021Q2, 2021

Backlog

$986.15 m$949.34 m$843.83 m$855.4 m$806.87 m$801.54 m$708.96 m$712.13 m$631.24 m$562.41 m$510.22 m

Patents (Foreign)

64284

Patents (US)

7110

Trademarks

282382
Show all operating metrics

Kaman Acquisitions / Subsidiaries

Company NameDateDeal Size
BAL SEAL ENGINEERINGJanuary 03, 2020
GRW BearingNovember 30, 2015
Calkins Fluid PowerJune 11, 2015
Timken Alcor Aerospace TechnologiesJune 10, 2015
G.C. FabricationJanuary 13, 2015
B.W. Rogers CompanyFebruary 27, 2014
Ohio Gear & TransmissionDecember 07, 2013
Northwest Hose & FittingsMay 30, 2013
Western Fluid ComponentsJanuary 08, 2013
ZellerAugust 13, 2012
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Kaman Revenue Breakdown

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Kaman revenue breakdown by business segment: 8.3% from Industrial & Other, 8.9% from Medical, 28.1% from Commercial, Business, & General Aviation, 31.7% from Safe and Arm Devices and 23.0% from Defense

Kaman revenue breakdown by geographic segment: 18.9% from Europe , 52.5% from North America , 21.8% from Middle East and 6.8% from Other

Human Capital Metrics

Source: www.sec.gov
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Kaman Cybersecurity Score

Cybersecurity ratingPremium dataset

B

84/100

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Competitors

Sagrad
Manufacturing & Industrial - Private
Textron Systems
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RUAG International
Manufacturing & Industrial - Private
Terma
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Rosemount Aerospace
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Rohr
Manufacturing & Industrial - Subsidiary
Hamilton Sundstrand
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IEH
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Ashot Ashkelon Industries
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Fokker Services
Manufacturing & Industrial - Subsidiary
Tyonek
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Textron Aviation
Manufacturing & Industrial - Subsidiary
Curtiss-Wright
Manufacturing & Industrial - Public
Astronautics
Manufacturing & Industrial - Private
Safran
Manufacturing & Industrial - Public
Boeing
Manufacturing & Industrial - Public
Senior
Manufacturing & Industrial - Public
Magellan Aerospace
Manufacturing & Industrial - Public
RBC Bearings
Manufacturing & Industrial - Public
Compare competitors

Kaman Online and Social Media Presence

Kaman's Trends

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Kaman Company Culture

  • Overall Culture

    D-

    54/100

  • CEO Rating

    C+

    66/100

  • Compensation

    D+

    56/100

Learn more on Comparably

Kaman News and Updates

September 22, 2021

Kaman named 2021 best of sensors award finalist

Kaman has been named a 2021 "Best of Sensors" Award finalist. The company's AMS Family of Non-Contact Displacement Sensors was recognized in the Data Acquisition & Analytics category, which highlights cutting-edge advancements and achievements that are moving the sensors industry forward. These …
September 21, 2021

Kaman unveils new medium lift UAV: the kargo UAV is a new solution for expeditionary logistics

Kaman Corporation (NYSE: KAMN) today unveiled the KARGO UAV, the newest addition to its family of purpose-built, autonomous unmanned systems designed to be the new standard for expeditionary logistics. Built with the U.S. Armed Forces future operating concepts in mind, the KARGO UAV offers a rugged …
September 20, 2021

Kaman unveils medium-lift UAV to resupply distributed Marine Corps forces

Kaman hopes its medium-lift quadcopter will solve the biggest challenge to the Marine Corps’ expeditionary advanced base operations concept: resupplying small units of Marines scattered around island...
August 17, 2021

Transcend Air Selects GE, Kaman to Make High-Speed VTOL

Transcend Air has tapped GE Aviation and Kaman Aerospace Group as partners in its development of a high-speed, tilt-wing VTOL aircraft.
June 15, 2021

Kaman Distribution Group appoints C. Todd Boone as VP & General Manager Automation business

Kaman Distribution Group (“KDG”), a leading value-added distributor of bearings, power transmission, automation, and fluid power products, has announced the appointment of C. Todd Boone as the Vice President & General Manager of their Automation business. Most recently, Todd served as the Senior…
April 26, 2021

Kaman Corp (KAMN) falls 1.19% for April 26

Kaman Corp (NYSE: KAMN) shares fell -1.19% to end trading Monday at $51.31 per share - a net change of $-0.62. Shares traded between $52.21 and $51.16 throughout the day.
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 Kaman Frequently Asked Questions

  • When was Kaman founded?

    Kaman was founded in 1945.

  • Who are Kaman key executives?

    Kaman's key executives are Ian K. Walsh, Russ Bartlett and Shawn Lisle.

  • How many employees does Kaman have?

    Kaman has 3,193 employees.

  • What is Kaman revenue?

    Latest Kaman annual revenue is $784.5 m.

  • What is Kaman revenue per employee?

    Latest Kaman revenue per employee is $245.7 k.

  • Who are Kaman competitors?

    Competitors of Kaman include Sagrad, Textron Systems and RUAG International.

  • Where is Kaman headquarters?

    Kaman headquarters is located at 1332 Blue Hills Ave, Bloomfield.

  • Where are Kaman offices?

    Kaman has offices in Bloomfield, Bennington, Colorado Springs, Everett and in 5 other locations.

  • How many offices does Kaman have?

    Kaman has 10 offices.