Kaman

  • Backlog$510.2 MQ2, 2021
  • Revenue$709 MFY, 2021
  • Market Capitalization$877.1 M2022-08-04

OverviewSuggest Edit

Kaman Corporation is a provider of aerospace solutions for commercial and military applications. It operates through three business segments: Engineered Products, Precision Products, and Structures. The Engineered Products segment serves the aerospace, defense, industrial, and medical markets, providing sophisticated, proprietary aircraft bearings and components; super precision, miniature ball bearings; and proprietary spring energized seals, springs, and contacts. The Precision Products segment serves the aerospace and defense markets by providing precision safe and arming solutions for missile and bomb systems for militaries; subcontract helicopter work; restoration, modification, and support of SH-2G helicopters; manufacture and support of K-MAX® helicopter, the K-MAX TITAN and KARGO UAV aerial systems, and an autonomous logistics vehicle. The Structures segment provides metallic and composite aerostructures for commercial, military, and general aviation, fixed and rotary-wing aircraft, and medical imaging solutions.

TypePublic
Founded1945
HQBloomfield, CT, USMap
Websitekaman.com
Employee Ratings2.8
Overall CultureD-More
View Jobs (83)

Recent NewsAll News

Latest Updates

Employees (est.) (Dec 2021)2,846(-10%)
Job Openings83
Revenue (FY, 2021)$709 M(-9%)
Share Price (Aug 2022)$31.3
Cybersecurity ratingBMore
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Key People/Management at Kaman

Ian K. Walsh

Ian K. Walsh

Chairman of the Board of Directors, President and Chief Executive Officer
Shawn Lisle

Shawn Lisle

Senior Vice President, General Counsel, Chief Ethics & Compliance Officer and Assistant Secretary
James G. Coogan

James G. Coogan

Senior Vice President and Chief Financial Officer
Russ Bartlett

Russ Bartlett

Senior Vice President and Chief Operating Officer
Megan Morgan

Megan Morgan

Vice President, Chief Human Resources Officer
Kristen Samson

Kristen Samson

Vice President and Chief Marketing Officer
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Kaman Office Locations

Kaman has offices in Bloomfield, Bennington, Colorado Springs, Everett and in 7 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
Jacksonville, FL, US
227 Gun Club Rd
Show all (12)

Kaman Financials and Metrics

Kaman Revenue

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Kaman's revenue was reported to be $708.99 m in FY, 2021
USD

Revenue (Q1, 2022)

158.0m

Gross profit (Q1, 2022)

50.6m

Gross profit margin (Q1, 2022), %

32%

Net income (Q1, 2022)

4.0m

EBIT (Q1, 2022)

3.1m

Market capitalization (4-Aug-2022)

877.1m

Closing stock price (4-Aug-2022)

31.3

Cash (1-Apr-2022)

129.1m

EV

956.0m
Kaman's current market capitalization is $877.1 m.
Annual
USDFY, 2019FY, 2020FY, 2021

Revenue

761.6m784.5m709.0m

Revenue growth, %

3%3%

Cost of goods sold

520.8m538.9m472.4m

Gross profit

240.8m245.6m236.6m
Quarterly
USDQ1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022

Revenue

207.3m177.9m214.0m171.6m182.4m179.8m158.0m

Cost of goods sold

139.6m121.2m147.1m118.7m120.4m116.8m107.5m

Gross profit

67.7m56.7m66.9m52.9m61.9m63.1m50.6m

Gross profit Margin, %

33%32%31%31%34%35%32%
show all
Annual
USDFY, 2019FY, 2020FY, 2021

Cash

471.5m104.4m140.8m

Accounts Receivable

156.5m153.8m73.5m

Inventories

156.4m185.1m193.1m

Current Assets

936.5m598.0m546.5m
Quarterly
USDQ1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022

Cash

270.7m235.6m152.3m120.7m98.4m121.5m129.1m

Accounts Receivable

171.1m176.6m185.1m102.3m99.4m80.8m68.8m

Inventories

193.2m207.3m188.2m197.3m196.1m195.7m209.5m

Current Assets

825.2m808.9m708.6m557.5m529.2m545.0m536.4m
show all
Annual
USDFY, 2019FY, 2020FY, 2021

Net Income

209.8m(69.7m)43.7m

Depreciation and Amortization

25.9m43.9m36.7m

Inventories

(25.1m)(18.5m)(10.4m)

Accounts Payable

14.0m(9.2m)(18.4m)
Quarterly
USDQ1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022

Net Income

285.0k185.0k(38.3m)8.0m19.8m34.5m4.0m

Depreciation and Amortization

9.5m19.8m32.2m9.2m18.4m27.5m8.8m

Inventories

(25.2m)(38.0m)(18.3m)(13.7m)(12.2m)(12.4m)(17.3m)

Accounts Payable

(6.4m)(13.9m)(18.3m)(14.7m)(24.1m)(21.8m)(612.0k)
show all
USDFY, 2019

EV/EBIT

29.4 x

EV/CFO

-201.3 x

Revenue/Employee

259.5k

Debt/Equity

0.2 x

Debt/Assets

0.1 x

Financial Leverage

1.7 x

P/E Ratio

8.8
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

Kaman Acquisitions / Subsidiaries

Company NameDateDeal Size
BAL SEAL ENGINEERINGJanuary 03, 2020$317.5 m
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: 44.8% from Engineered Products, 36.2% from Precision Products and 19.0% from Structures

Kaman revenue breakdown by geographic segment: 62.4% from North America, 15.1% from Middle East, 16.1% from Europe and 6.4% from Other

Human Capital Metrics

Source: www.sec.gov
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Kaman Cybersecurity Score

Cybersecurity ratingPremium dataset

B

85/100

Learn more about our premium products
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Kaman Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

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Competitors

Research Institute of Precision Instruments
Manufacturing & Industrial - Subsidiary
Dukane Seacom
Manufacturing & Industrial - Subsidiary
Liebherr-Aerospace Toulouse
Manufacturing & Industrial - Subsidiary
Northrop Grumman Systems
Manufacturing & Industrial - Subsidiary
Sagrad
Manufacturing & Industrial - Private
Textron Systems
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RUAG International
Manufacturing & Industrial - Private
Rosemount Aerospace
Manufacturing & Industrial - Subsidiary
Rohr
Manufacturing & Industrial - Subsidiary
Hamilton Sundstrand
Manufacturing & Industrial - Subsidiary
Fokker Services
Manufacturing & Industrial - Subsidiary
Tyonek
Manufacturing & Industrial - Private
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
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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

June 08, 2022

Kaman Corporation Appoints New Director

Kaman Corporation announced today that Niharika Taskar Ramdev has been appointed to its Board of Directors. Ms. Ramdev is a highly qualified finance executive with global work experience in the United States, India, China, and Singapore.
June 08, 2022

Kaman Board of Directors Declares Dividend

The Kaman Corporation (NYSE:KAMN) board of directors declared a regular quarterly dividend of 20 cents per common share. The dividend will be paid on July 14, 2022, to shareholders of record on June 21, 2022.
May 23, 2022

Parker Signs Agreement to Divest Aircraft Wheel and Brake Division to Kaman

CLEVELAND, May 23, 2022 (GLOBE NEWSWIRE) -- Parker-Hannifin Corporation (NYSE: PH, “Parker”), the global leader in motion and control technologies, today announced that it has signed an agreement to divest its Aircraft Wheel and Brake Division, located in Avon, Ohio, in the United States, to Kaman…
May 13, 2022

Kaman forecasts tenfold return on new KARGO expeditionary UAV

After self-funding manufacture of the KARGO medium-lift expeditionary logistics UAV, Kaman is confident it can make a tenfold return on the programme and secure a future production contract with the USMC.
May 02, 2022

Kaman Reports First Quarter 2022 Results

Kaman Corp. (NYSE:KAMN) today reported financial results for the first fiscal quarter ended April 1, 2022.
April 21, 2022

Kaman Corporation Announces Release Date for First Quarter 2022 Earnings

Kaman Corp. (NYSE:KAMN) announced today that it will report its first quarter 2022 results after the stock market closes on Monday, May 2, 2022, and host a live webcast and conference call at 8:30 am ET on Tuesday, May 3 2022. A supplemental presentation relating to the first quarter 2022 results wi…
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Kaman Blogs

August 04, 2022

Kaman Reports Second Quarter 2022 Results

Second Quarter 2022 Highlights: Continued confidence in full year outlook for earnings, EBITDA and free cash flow while reducing 2022 outlook for sales Consolidated backlog growth year to date of 11% to $775 million driven by Engineered Products Executing on our growth strategy with agreement to The…
July 26, 2022

Kaman Corporation Announces Release Date for Second Quarter 2022 Earnings

BLOOMFIELD, Conn. --(BUSINESS WIRE)--Jul. 26, 2022-- Kaman Corp. (NYSE:KAMN) announced today that it will report its second quarter 2022 results after the stock market closes on Thursday, August 4, 2022 , and host a live webcast and conference call at 8:30 am ET on Friday, August 5, 2022 . The post …
May 23, 2022

Kaman Corporation Announces Definitive Agreement to Acquire the Parker-Hannifin Aircraft Wheel & Brake Division

BLOOMFIELD, Conn. --(BUSINESS WIRE)--May 23, 2022-- Kaman Corporation (NYSE:KAMN) announced today that it has entered into a definitive agreement with Parker-Hannifin Corporation (“Parker”), under which Kaman will acquire Parker’s aircraft wheel & brake division (“Aircraft Wheel & Brake”) fo…
May 02, 2022

Kaman Reports First Quarter 2022 Results

First Quarter 2022 Highlights: Results were in line with our expectations and we are maintaining company outlook for 2022 Delivered year over year growth in Engineered Products Net sales: $158 million Gross Margin: 32.0%, a 120 basis point improvement over first quarter 2021 Net earnings: $4.0 The p…
March 07, 2022

KAMAN Receives Follow-On Award for the HH-60W Combat Rescue Helicopter (CRH) Cockpit

JACKSONVILLE, Fla. --(BUSINESS WIRE)--Mar. 7, 2022-- Kaman Aerospace Group, Inc. , a subsidiary of Kaman Corporation (NYSE: KAMN), announced that its Kaman Aerospace Jacksonville Division located in Jacksonville, Florida (Kaman) has received a follow on award from Sikorsky , a Lockheed Martin The po…
February 24, 2022

Kaman Reports 2021 Results

Full Year 2021 Highlights: Achieved our earnings targets by leveraging our new operations excellence model Net sales: $709 million Gross margin: 33.4% Earnings from continuing operations: $43.7 million Adjusted EBITDA*: $95.5 million ; Adjusted EBITDA margin*: 13.5% Diluted earnings per share from T…
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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, Shawn Lisle and James G. Coogan.

  • How many employees does Kaman have?

    Kaman has 2,846 employees.

  • What is Kaman revenue?

    Latest Kaman annual revenue is $709 m.

  • What is Kaman revenue per employee?

    Latest Kaman revenue per employee is $249.1 k.

  • Who are Kaman competitors?

    Competitors of Kaman include Research Institute of Precision Instruments, Dukane Seacom and Liebherr-Aerospace Toulouse.

  • 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 7 other locations.

  • How many offices does Kaman have?

    Kaman has 12 offices.