Kaman, more than halved its losses in 1994, to the end the year, with a $13.2 million deficit. Sales also edged up to $820 million, helped by the group's diversification into non-defence industrial-technology markets. Founding chairman Charles Kaman welcomes the Pentagon's initiative in urging the US forces to use commercially developed products, pointing to potential military orders for the new K-MAX.


Source: Flight International