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Kaman Announces $57 Million Joint Programmable Fuze Order

Aug 17, 2020 - Business Wire

Kaman Corp. (NYSE:KAMN) announced today that it received an order under Option 15 of its Joint Programmable Fuze ("JPF") contract with the U.S. Air Force ("USAF"). This order has an expected value of approximately $57.3 million for the procurement of JPFs for 25 foreign militaries.

"We have successfully completed our negotiations for Options 15 and 16 of our JPF contract with the U.S. Government. This order under Option 15 will add $57.3 million to backlog with deliveries expected to begin...