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Business/Financial

Kaman Corp. Receives Super Seasprite Helicopter Order From New Zealand MoD

By Cal Biesecker

Tuesday, April 23rd, 2013

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Kaman Corp. [KAMN] said the New Zealand Cabinet authorized the Ministry of Defence (MoD) to enter into an approximately $120 million contract for the purchase 10 SH-2G(I) Super Seasprite aircraft, spare parts, a full mission flight simulator, and related logistics support. The MoD and Kaman expect to execute a contract in the next few weeks, the company said in an April 18 statement. Kaman anticipates the contract will call for the aircraft to be delivered over an approximately three-year period…

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