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Stock impact report

Kaman Opens New K-MAX® Sales Channel in the Middle East With Helicopter Distribution Agreement

Kaman Corporation (KAMN) 
Last kaman corporation earnings: 2/24 04:30 pm Check Earnings Report
US:NYSE Investor Relations: kaman.com/investors
Company Research Source: Business Wire
BLOOMFIELD, Conn.--(BUSINESS WIRE)--Kaman Air Vehicles, a division of Kaman Corporation (NYSE:KAMN), announced today that it has entered into a strategic distribution agreement with Trust International Group (“Trust International”) for the K-MAX® medium-to-heavy lift helicopter. This reseller agreement provides Trust International with exclusive rights to market the K-MAX® aircraft and its spare parts in the United Arab Emirates (“UAE”). Trust International is a major supplier of premium solutions to the UAE Armed Forces and security establishment.“We have made significant inroads in marketing the K-MAX® to customers in North America, Europe and Asia. Our partnership with Trust International will open up new opportunities for us and expand our K-MAX® helicopter footprint to the Middle East. We look forward to bringing this proven aerial lift capability in manned and unmanned platforms to the UAE and other countries in the region,” stated Roger Wassmuth, Senior Director Business De Show less Read more
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