18 Hartford Business Journal • May 14, 2018 • www.HartfordBusiness.com
Corporate
Profile
Kaman Corp.
1332 Blue Hills Ave.,
Bloomfield
wwwkaman.com
Kaman Corp.
makes aerospace
components and
is an industrial
distributor.
2015 2016 2017
$0
$500
$1,000
$1,500
$2,000
In
millions
of
dollars
Profits Revenues
$60.44M $58.85M
$49.83M
$1.78B
$1.81B $1.81B
News Headlines
■ ■ In April, Kaman announced it would
give employees $1,000 bonuses in the
wake of federal tax reforms.
■ ■ In April, an HBJ story showed
Kaman CEO Neil Keating's $2.7 million
compensation package last year
amounted to 43 times the median
employee pay of $63,104.
■ ■ In February, China certified Kaman
Corp.'s workhorse K-MAX helicopter,
allowing the company to provide its
heavy-lift and firefighting capabilities to
the world's most populous nation.
Corporate suite
Stock Non-equity
Exec. Salary Bonus Awards Incentive Total
Gregory L. Steiner
Former EVP/President, Kaman Aerospace Group
$466,375 $0 $0 $3,276,024 $3,276,024
Neal J. Keating
Chairman/CEO/President $992,000 $0 $0 $1,207,500 $2,683,641
Steven J. Smidler
Former EVP/President, Kaman Industrial Technologies Corp.
$380,075 $0 $0 $178,535 $1,785,799
Profits and Revenues
Fact box
Industry: Aerospace/defense products and services
1Q 2018 Revenue: $463.3M
1Q 2018 Net Income: $14.1M
1Q 2017 Net Income: $6.3M
Quarterly Profit Change: $7.8M
Cash: $30.1M
Employees: 5,300
Competitors: Spirit AeroSystems Holdings Inc.
W.W. Grainger Inc.
United Technologies Corp.
Stock watch
Ticker Symbol KAMN
Market Cap $1.724B
52 Week Range Price $45.50-$65.24
Outstanding Shares 27.79M
Top institutional investors
Shares % Stake
Blackrock Inc. 3,645,872 13.12
Gamco Investors Inc. 3,514,118 12.64
Vanguard Group Inc. 2,582,779 9.29
Neal J. Keating,
Chairman, CEO &
President
JUNE 18-24, 2018
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