Kaman Corporation (NYSE:KAMN) Files An 8-K Costs Associated with Exit or Disposal ActivitiesItem 2.05Costs Associated with Exit or Disposal Activities.
On September 6, 2017, the senior management of Kaman Corporation (the “Company”) approved a restructuring plan designed to enhance capacity utilization, increase efficiency and improve the overall cost structure of the Company’s Aerosystems business. The restructuring was announced in a press release dated September 7, 2017, a copy of which is filed as Exhibit 99.1 to this report and is hereby incorporated herein by reference.
Item 2.06Material Impairments.
The information included under Item 2.05 of this report, including the information set forth in Exhibit 99.1 hereto, is hereby incorporated herein by reference.
Item 9.01Financial Statements and Exhibits.
(d)Exhibits.
The following exhibit is filed as part of this report:
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Press Release dated September 7, 2017 |
KAMAN Corp ExhibitEX-99.1 2 exhibit991-9x7x17.htm EXHIBIT 99.1 Exhibit NEWS RELEASE Kaman Corporation 1332 Blue Hills AvenueBloomfield,…To view the full exhibit click here
About Kaman Corporation (NYSE:KAMN)
Kaman Corporation conducts business in the aerospace and distribution markets. The Company operates through two segments: Distribution and Aerospace. Its Distribution segment is a power transmission, motion control, electrical and automation, and fluid power industrial distributor. It provides products, including bearings, mechanical and electrical power transmission, fluid power, motion control, automation, material handling components, electrical control and power distribution, and maintenance, repair and overhaul (MRO) supplies to a spectrum of industrial markets. Its Aerospace segment produces and markets aircraft bearings and components; super precision, miniature ball bearings; safe and arming solutions; subcontract helicopter work; restoration, modification and support of its SH-2G Super Seasprite maritime helicopters; manufacture and support of its K-MAX manned and unmanned medium-to-heavy lift helicopters, and engineering design, analysis and certification services.
