Overview and Company Details
Kaman Precision Products Fuzing, a division of Kaman Aerospace, specializes in developing and manufacturing high-reliability fuzes and Safing & Arming Devices for military and industrial applications. With over 75 years of industry experience, the company offers fuzing systems for missiles, rockets, bombs, and ammunition. It serves all branches of the U.S. military, the DOE Laboratory Community, prime contractors, and international military clients. In addition to fuzing systems, Kaman also has a measuring and memory systems division specializing in non-contact position measuring systems and ruggedized digital storage solutions for aerospace and military applications.
Capabilities and Services
Kaman Fuzing operates with a broad spectrum of capabilities from initial concept to full-scale production, aided by vertically integrated production and testing facilities. The company manages all aspects of the design and manufacturing process, including:
- Engineering and Analysis
- Machining and Prototyping
- Assembly and Procedural Compliance
- Environmental and Acceptance Testing
- Specialized Product Support
Recent Developments
1. August 10, 2021: Kaman secured a significant $43 million order under Option 16 of its Joint Programmable Fuze contract with the U.S. Air Force.
2. September 17, 2019: Received a $42 million Joint Programmable Fuze order through a direct commercial sale.
3. The company is accredited with an AS9100D certification valid until October 16, 2025.
Management and Leadership
The leadership at Kaman Corporation is spearheaded by:
- Ross Sealfon, President and CEO, brings a wealth of experience in strategic leadership across diverse industries.
- Joe Salsbury, Chief Financial Officer, known for his expertise in financial management and improvement.
- Diane Rothkopf, Senior VP of Strategy and Acquisitions, with substantial experience from McKinsey & Company, leading numerous acquisitions.
- Jessen Wehrwein, Chief Growth Officer, drives sales and marketing efforts to bolster company growth.
- Megan Morgan, VP and Chief Human Resources Officer, focuses on continuous improvement across the HR domain.
Contact Information
- Location: 217 Smith Street, Middletown, CT 06457
- Phone: +1 860.632.1000
Kaman Fuzing is part of a larger organization that includes other divisions like Kamatics, Bal Seal Engineering, and Kaman Aerospace, emphasizing a strong market presence in aerospace components design and production.
Strategic Position and Industry Impact
Kaman Fuzing’s strategic advantage is cemented through longstanding contracts and relationships with military and industry partners. Their vertically integrated processes allow for robust responsiveness and quality assurance, crucial for meeting high-stakes defense requirements globally and sustaining their competitive advantage.
Revenue and Performance
Kaman Precision Products reports an estimated annual revenue of $47.7 million, with each employee generating approximately $269,500 in revenue. The company operates with a workforce of about 177 employees, having experienced a minor reduction in its workforce by 1% last year.
Key Competitors
Kaman faces significant competition in various segments from:
Precision and Electronics Manufacturing:
1. Microboard: With $22.3 million in revenue and 91 employees, active in aerospace and defense markets.
2. Light Sources: Generates $9 million in revenue, specializing in OEM lamps with a vast international reach.
3. Hubbell Wiring Device: Commands $5 million in revenue, known for its electrical product offerings.
4. Gexpro: A larger entity with $496 million in revenue and 1,424 employees, specializes in electrical distribution.
5. Tornik: Engages in contract manufacturing, focusing on cable and harness assemblies.
Specialized Industry Vertical:
1. Northrop Grumman and BAE Systems: Global leaders in defense and aerospace solutions.
2. Hewlett Packard Enterprise: Primarily in IT, but competes in digital storage solutions, intersecting with Kaman’s memory systems.
Technological Advancements
Kaman’s innovation is exemplified through products like the digiVIT advanced digital variable impedance transducer, supporting the precision measuring needs across sectors such as aerospace, automotive, and metal industries. With a heritage of 45 years in high-precision sensor technology, Kaman continues to reinforce its leadership.
Industry Position
Kaman Precision Products solidifies its market position through reliability and innovation in core segments. Against competitors like Microboard and Hubbell with smaller revenue streams, Kaman sustains its prominence in high-precision technologies and defense, underpinned by its in-depth engineering and manufacturing expertise.
