Kaman Announces $58 Million Joint Programmable Fuze Order

Kaman Corporation announced today that its Aerospace segment has been awarded a contract modification in the amount of $58 million for the procurement of Joint Programmable Fuzes (JPF). The award is the first order under Option 12 of Kaman’s JPF contract with the U.S. Air Force (USAF). Delivery of the fuzes is anticipated to occur in 2016 and 2017.

"We believe the JPF is the most reliable bomb fuze in the U.S. military's arsenal. No other bomb fuze has the functionality or provides the operational flexibility of the JPF and Kaman is the only source of the product. The award increases our backlog to in excess of $150 million and extends visibility on this program into 2017," stated Greg Steiner, 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, 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 Corporation
Date: Mar 27, 2015