Kaman Corporation (NYSE:KAMN) announced today that its Aerospace segment has been awarded a commercial sale purchase order for Joint Programmable Fuzes (JPF) in the amount of $35.5 million for an undisclosed customer. Delivery of these fuzes is anticipated to occur in 2013 and 2014.
"This order is an endorsement of the functionality and reliability of the JPF and we are pleased to expand the relationship with our current customer base," stated Kaman Aerospace Group President, Greg Steiner.
Source: Kaman Corp.
Date: Jan 15, 2013