Kaman Corporation
Kaman Corporation /kəˈmɑːn/ is an American aerospace company, with headquarters in Bloomfield, Connecticut. It was founded in 1945 by Charles Kaman. During the first ten years the company operated exclusively as a designer and manufacturer of several helicopters that set world records and achieved many aviation firsts.
| Company type | Public |
|---|---|
Traded as | NYSE: KAMN S&P 600 Component |
| Industry | Aerospace industry, medical industry, defense industry |
| Founded | December 1945 |
| Founder | Charles Kaman |
| Headquarters | , United States |
Number of locations | 241 offices, 5 distribution facilities |
Area served | Worldwide |
Key people | Ian K. Walsh (Chairman, President & CEO) |
| Revenue | US$1.59 billion (FY 2012) |
| US$92.8 million (FY 2012) | |
Net income | US$55.0 million (FY 2012) |
| Total assets | US$1.1 billion (FY 2012) |
| Total equity | US$42.1 billion (FY 2012) |
Number of employees | 5,007 |
| Divisions | Bal Seal Engineering
EXTEX Engineered Products GRW Kaman Aerospace Jacksonville Kaman Air Vehicles Kaman Composites Kaman Fuzing Kaman Measuring Kamatics RWG |
| Website | kaman |
| Footnotes / references | |
In 1956, Kaman began to diversify as an aerospace subcontractor of McDonnell Douglas, Grumman, and others. In the mid-1960s Kaman diversified outside of the aerospace industry, using the expertise Kaman had gained in composite materials and the end of the need for skilled woodworkers to craft wooden rotor blades. Charles Kaman, a guitarist as well as an aerospace pioneer, worked with his engineers and other musicians to create the round-backed, composite-body Ovation guitar, which led to the eventual creation of Kaman Music (now KMCMusicorp). Kaman Music was an independent distributor of musical instruments and accessories, and a major producer of guitars and guitar parts and accessories.