News Listings for Kaman Aero

  • Kaman looks for fivefold growth

    News | 16 Aug 2004 23:00

    <p>Restructuring aims to achieve revenue goal within 10 years</p> <p>US manufacturer Kaman Aerospace aims to quintuple its aerostructures work within a decade as it disposes of the last of its inventory of K-Max utility helicopters.</p> <p>Kaman Aerospace, part of the Kaman helicopter, musical instrument and industrial technology conglomerate, recently completed a restructuring process that saw the creation of separate divisions for aerostructures, helicopter manufacturing and fuzing. </p> <p>The restructured company has created three North American and two European prime-contractor liaison offices in a bid to raise aerospace subcontract and manufacturing services annual revenues to $250 million from today's $50 million within 10 years, says Bill Brown, Kaman Aerospace vice-president for business development, aerostructures division. </p> <p>&quot;We have identified where we wanted to be and made the changes we needed to make in order to get there,&quot; he says.</p> <p>Kaman Aerohttp://www.flightglobal.com/news/articles/Kaman-looks-for-fivefold-growth-186352/