Kaman Announces $85 M USAF Joint Programmable Fuze Order

November 28, 2017

Kaman Corp. (NYSE:KAMN) announced today that its Aerospace segment has received an order with an expected value of approximately $85 million for the procurement of Joint Programmable Fuzes (JPF) for the U.S. Air Force (USAF) and 18 foreign militaries. The award is the first order under Option 13 of Kaman’s JPF contract with the USAF with deliveries anticipated to occur in 2018 and 2019.

"We look forward to continuing our relationship with the U.S. Air Force and satisfying demand for the JPF, the most highly reliable and operationally flexible bomb fuze in the U.S. Military’s arsenal. The JPF is a strong contributor to the performance of the Aerospace segment, and with this order and the increased demand we have seen worldwide for the JPF, we believe this contribution will continue for many years to come," stated Richard Barnhart, President, Kaman Aerospace Group.

Kaman has been the sole provider of the JPF to the USAF since 2002. In addition to the USAF, Kaman provides the JPF to twenty-six other nations. The JPF allows the settings of a weapon to be programmed on wing in flight and is the current bomb fuze of choice of the USAF. The JPF is used with a number of weapons including general purpose bombs, and guided bombs that use JDAM or Paveway kits, on U.S. aircraft such as F-15, F-16, F-22, F-35, A-10, B-1, B-2, B-52 and the MQ-9 UAV as well as on international aircraft such as Mirage 3 and Gripen. Kaman produces the JPF at facilities in Orlando, Florida and Middletown, Connecticut.

Source : Kaman Corp.