Kaman Announces Joint Programmable Fuze Orders Totaling $54 Million

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Longbow Research Upgrades Kaman Corporation (KAMN) to Buy

December 10, 2015 6:47 AM EST

Longbow Research upgraded Kaman Corporation (NYSE: KAMN) from Neutral to Buy with a price target of $47.00.

For an analyst ratings summary and ratings history on Kaman Corporation click here. For more ratings news on Kaman Corporation click here.

Shares of Kaman Corporation closed at $38.89 yesterday.

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Kaman (KAMN) Reports JPF Orders Totaling $54M

December 8, 2015 5:35 PM EST

Kaman Corp. (NYSE: KAMN) announced today that its Aerospace segment has been awarded three orders for the procurement of Joint Programmable Fuzes (JPF) with an expected total value of $54.0 million. The first award is an additional order with an expected value of $20.8 million under Option 12 of Kamans JPF contract with the U.S. Air Force (USAF). Delivery of the USAF fuzes is anticipated to occur in 2016 and 2017.... More