Kaman to Deliver K-MAX® to Helicopter Express In 2019

BLOOMFIELD, Conn.–(BUSINESS WIRE)–Nov. 7, 2019–
Kaman Aerospace, a division of Kaman Corporation (NYSE:KAMN), announced today that it will deliver a new K-MAX^® medium-to-heavy lift helicopter to Helicopter Express of Chamblee, Georgia. Helicopter Express currently operates 24 aircraft providing dedicated services in heavy lifting, utility construction, firefighting and disaster relief. Helicopter Express placed their order in May and will take delivery of their new K-MAX^® in December of 2019.

“Helicopter Express started in 1995 with the vision of building a versatile helicopter company that offers a broad range of services to the southeast and has continued to evolve and become trusted leaders in the industry. Expanding our fleet with a third K-MAX^® is an important step to tackle our client’s ever-changing needs,” stated Scott Runyan, Founder and President/CEO of Helicopter Express.

“Helicopter Express is a highly respected operator and we appreciate the confidence they have placed in Kaman and the capabilities of the K-MAX^®. This Helicopter Express aircraft brings anticipated deliveries in the fourth quarter to three, for a total of four aircraft deliveries in 2019. We are thrilled that the K-MAX^® continues to be the choice for external lift applications that require the need for precise, efficient and cost-effective operations,” stated Darlene Smith, VP & GM, Kaman Air Vehicles Division.

Development of the K-MAX^® was led by Kaman founder and former CEO, aviation pioneer Charlie H. Kaman, and received Federal Aviation Administration certification in 1994. The single-engine, single-seat K-MAX^® is a rugged low-maintenance aircraft that features a counter-rotating rotor system and is optimized for external load operations and designed specifically for vertical reference flight. The aircraft can lift up to 6,000 pounds (2,722 kg).

About Kaman Aerospace

Kaman Aerospace is a division of Kaman Corporation, founded in 1945 by aviation pioneer Charles H. Kaman, and headquartered in Bloomfield, Connecticut. It conducts business in the aerospace & defense, industrial and medical markets, producing and marketing proprietary aircraft bearings and components; super precision, miniature ball bearings; complex metallic and composite aerostructures for commercial, military and general aviation fixed and rotary wing aircraft; safe and arming solutions for missile and bomb systems for the U.S. and allied militaries; helicopter subcontract parts and assemblies; our SH-2G Super Seasprite maritime helicopters and related restoration, modification and support activities; and our K-MAX^® manned and unmanned medium-to-heavy lift helicopters and related support activities. More information is available at www.kaman.com.

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Source: Kaman Aerospace

James Coogan

VP, Investor Relations

Kaman Corporation, Bloomfield, CT

(860) 243-6342

[email protected]

or

Roger Wassmuth

Senior Director Business Development

Kaman Air Vehicles

(860) 243-7216 (office)

(860) 595-9112 (mobile)

[email protected]