Kaman Corp. (NYSE:KAMN) Aerospace segment has been awarded an order for the procurement of Joint Programmable Fuzes (JPF) with an expected total value of USD 93 million, the company said.
The award is a direct commercial sale (DCS) order from a foreign government. Delivery of the fuzes is anticipated to occur beginning in late 2016 through 2017.
Kaman has been the sole provider of the JPF to the USAF since 2002. In addition to the USAF, Kaman provides the JPF to twenty-six other nations. The JPF allows the settings of a weapon to be programmed on wing in flight and is the current bomb fuze of choice of the USAF.
The JPF is used with a number of weapons including general purpose bombs, and guided bombs that use JDAM or Paveway kits, on US aircraft such as F-15, F-16, F-22, A-10, B-1, B-2, B-52 and the MQ-9 UAV as well as on international aircraft such as Mirage 3 and Gripen.
Kaman produces the JPF at facilities in Orlando, Florida and Middletown, Connecticut.
Kaman Corporation, founded in 1945 and headquartered in Bloomfield, Connecticut conducts business in the aerospace and industrial distribution markets.