Kaman Signs Multi-Year MOU with Zodiac for 737 Landing Gear Kits and Assemblies
Resource from: Kaman Aerosystems Likes:189
Apr 29,2015
BLOOMFIELD, Conn.--(BUSINESS WIRE)--
Kaman Aerosystems (Kaman) announced today that it has signed a five-year Memorandum of Understanding (MOU) with Zodiac Interconnect Americas (Zodiac) to manufacture and kit components and assemblies for Boeing 737NG, 737 MAX, and P-8 aircraft. The MOU has an expected value in excess of $6 million. Work will be performed at Kaman facilities in Chihuahua, Mexico and Jacksonville, Florida.
“We are pleased to be awarded this program on the high volume Boeing 737 platform. It fits in well with our sheet metal part fabrication, machining, and assembly core capabilities. Kaman has now secured long term commitments to supply Zodiac with sheet metal kits and bracketry for landing gear electrical and hydraulic accessories used on various models of the aircraft. We look forward to providing these products to Zodiac and growing our relationship over time,” stated Will Zmyndak, a Vice President and General Manager within Kaman.
Risks Associated with Forward-Looking Statements
This release includes "forward looking statements" relating to the estimated value of the contract discussed above. These statements are based on assumptions currently believed to be valid, but they involve risks and uncertainties that could cause actual results to differ from those expressed in the forward looking statements. Important uncertainties that could cause actual results to differ from those expressed in the forward looking statements are identified in periodic reports filed by Kaman Corporation with the SEC, including its Quarterly Reports on Form 10-Q, its Annual Reports on Form 10-K, and its Current Reports on Form 8-K. The forward looking statements included in this press release are made only as of the date of this release, and Kaman Corporation does not undertake any obligation to update the forward looking statements to reflect subsequent events or circumstances.
About Kaman
Kaman Aerosystems is a division of the aerospace segment of Kaman Corporation (KAMN), which was founded in 1945 by aviation pioneer Charles H. Kaman. Headquartered in Bloomfield, Connecticut, Kaman Corporation conducts business in the aerospace and distribution markets. The company produces and/or markets widely used proprietary aircraft bearings and components; complex metallic and composite aerostructures for commercial, military and general aviation fixed and rotary wing aircraft; aerostructure engineering design analysis and FAA certification services; safe and arm solutions for missile and bomb systems for the U.S. and allied militaries; subcontract helicopter work; and support for the company's SH-2G Super Seasprite maritime helicopters and K-MAX medium-to-heavy lift helicopters. More information is available at www.kaman.com.
(Kaman Aerosystems)
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1.The news above mentioned with detailed source are from internet.We are trying our best to assure they are accurate ,timely and safe so as to let bearing users and sellers read more related info.However, it doesn't mean we agree with any point of view referred in above contents and we are not responsible for the authenticity. If you want to publish the news,please note the source and you will be legally responsible for the news published.
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