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to be minimal. Based on an initial multi- year production run of 10 aircraft, we expect revenues between $75 million and $85 million. Restarting the K-MAX line is not expected to impact our full-year 2015 outlook.”


Kaman Resumes Commercial K-MAX® Helicopter Production

Kaman Corporation recently resumed production of commercial K-MAX®


lift utility helicopters. The aircraft will be manufactured at Kaman’s Jacksonville, Florida, and Bloomfi eld, Connecticut, facilities. Production and hiring for the program has already begun. The fi rst new helicopter is expected to be delivered in early 2017.

K-MAX aircraft are used around the world for fi refi ghting, logging, and other missions requiring repetitive aerial lift capabilities. The U.S. Marine Corps maintains two unmanned K-MAX aircraft developed with

Lockheed Martin. These aircraft

successfully supported the U.S. Marine Corps in Afghanistan for 33 months from 2011-2014, carrying more than 4.5 million pounds of cargo. Additional unmanned fi refi ghting and humanitarian missions for K-MAX are also being developed and tested.

Launch customers include current K-MAX operators Rotex Helicopter AG

of Switzerland, and Helicopter Express of Chamblee, Georgia. Rotex Helicopter AG is a long-time K-MAX operator in Europe and uses the aircraft primarily for forestry missions in Switzerland, Liechtenstein, and parts of Austria and Germany. “In addition to the economic aspect, we see ecological benefi ts,” said Rolf Spichtig, the company’s chief executive offi cer. “The K-MAX makes less noise and consumes less fuel. With a payload of 2700 kg, the helicopter is very versatile. All of this makes the K-MAX the preferred helicopter for many of our customers. It is a solid solution, which is why we have placed deposits for two new aircraft.”

“This is great news for Kaman and for operators who need the K-MAX to perform their missions eff ectively. Our team has done a great job assessing the market and working with customers to secure enough orders to support the business case for reopening the line,” said Neal J. Keating, chairman, president, and chief executive offi cer of Kaman.

Chief Financial Offi cer Robert Starr commented, “K-MAX production will result in a manageable near-term investment in working capital and modest capital expenditures. With the aircraft already fully developed and certifi ed, the non-recurring costs to restart production are expected

Introduces New Stylish

Aviator Watch with Sophisticated Aviation Features

Garmin International recently introduced D2 Bravo, a next-generation aviator watch that combines practical functionality and sophisticated design to bring pilots and aviation enthusiasts a premium GPS watch. D2 Bravo incorporates Garmin’s signature “direct-to” and “nearest airport” navigation

features, complete with a

worldwide aviation navigation database. New and exclusive benefi ts, such as altitude alerts including preset alerts for altitudes requiring supplemental oxygen and easy access to current aviation weather information, set D2 Bravo apart from other pilot watches on the market. In addition to in-fl ight functionality, D2 Bravo incorporates versatile activity-tracking features and multi-sport functions while supporting

Smartphone connectivity.

With uncompromising details such as a stainless steel bezel and domed sapphire lens, D2 Bravo combines GPS and wearable technology that Garmin is known for with a sophisticated new form factor suitable for pilots and aviation enthusiasts alike.

“Garmin revolutionized the aviator watch market with the introduction of the original D2 Pilot Watch - the fi rst wrist- worn portable GPS navigator designed

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