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Slide #58. Kaman Corporation — B.W. Rogers Company
Kaman Corporation (NYSE:KAMN)
B.W. Rogers Company
Kaman Corporation (NYSE:KAMN) today announced that its Distribution Segment, Kaman Distribution Group (Kaman), has executed a definitive agreement to acquire substantially all the operating assets of B.W. Rogers Company and certain affiliated entities (collectively, B.W. Rogers). The acquisition significantly expands Kaman's footprint in both fluid power and automation. The transaction is expected to close early in the second quarter.
Kaman conducts business in the aerospace, medical and industrial markets. Co. 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; and safe and arming solutions for missile and bomb systems for the United States and allied militaries. Co. also manufactures and supports its K-MAX® manned and unmanned medium-to-heavy lift helicopters and restores, modifies and supports its SH-2G Super Seasprite maritime helicopters. Co. has one business segment, Aerospace.
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Hold (2.00 out of 4)
(ranked lower than approx. 99% of all stocks covered)
Based on Zacks ABR data;
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