Kaman Corporation announced today that its Aerospace segment has been awarded a contract modification in the amount of $19.8 million for the procurement of Joint Programmable Fuzes (JPF). The award is a follow-on order under Option 8 of Kaman's JPF contract with the U.S. Air Force (USAF). Delivery of these fuzes is anticipated to occur in 2013.
"This award raises orders under Option 8 to $43.8 million and total JPF orders since March 2010 to $170 million. Additionally, it secures our JPF backlog of $159 million further into 2013. The JPF is an important program to the U.S. and allied militaries around the world due to the high reliability and operational flexibility that it provides," commented Greg Steiner, President of Kaman Aerospace Group.
Related Research on ASDReports.com: