Join today and be part of the best free investment newsletter on the web where we focus on market moving news.
Kaman Corp. (NASDAQ:KAMN) agreed to purchase Allied Bearings Supply Co, a distributor of bearings, power transmission, material handling, and industrial supplies. Kaman, which is headquartered in
About Kaman Corp:
Kaman Corporation, together with its subsidiaries, distributes industrial components. It offers various products and services, including bearings, mechanical and electrical power transmission, fluid power, motion control, and materials handling components. The company also engages in the production and sale of aircraft subassemblies and other parts consisting of metallic and composite detail parts, minor and major subassemblies, flight control surfaces, composite interiors and fuselage, and wing structures for commercial and military aircraft. In addition, it manufactures products for military and commercial markets, primarily related to military safe, arm, and fuzing devices for various missile and bomb programs; precision non-contact measuring systems for industrial and scientific use; and memory systems for airborne, shipboard, and ground-based programs. Further, Kaman Corporation provides upgrades and support for its existing fleet, as well as performs subcontract work for other aerospace manufacturers. Additionally, it manufactures self-lubricating bearings used in aircraft flight controls, turbine engines, and landing gear; power transmission couplings for helicopters and other applications; and custom designed and manufactured rolling element and self-lubricating bearings for aerospace applications. Kaman Corporation has operations in the
You can contact us during market hours at 1-888-9-ClubGrand (1888-925-8247) or via email at staff@wallstreetgrand.com .Gerard@WallStreetGrand.com
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act") including 2009 growth, revenue for the second quarter and year of 2009 and gross margin for the second quarter and year of 2009. Additionally, words such as "seek," "intend," "believe," "plan," "estimate," "expect," "anticipate" and other similar expressions are forward-looking statements within the meaning of the Act. Some or all of the events or results anticipated by these forward-looking statements may not occur. Factors that could cause or contribute to such differences include the impact of intense competition, the continuation or worsening of current economic conditions and the condition of the domestic and global credit and capital markets.
Disclaimer:
Wall Street Grand LLC has not been compensated by the company for this press release and does not expect to be compensated in the future for any type of awareness. To read our full disclaimer clicks the link http://www.wallstreetgrand.com/disclosure.html.
