Kaman Corp.

NYSE:KAMN   3:59:59 PM EDT
30.90
-0.61 (-1.94%)
Debt Financing / Related, Earnings Announcements

Kaman Corporation Announces Agreement To Acquire Parker-Hannifin Aircraft Wheel & Brake Division

Published: 05/23/2022 11:58 GMT
Kaman Corp. (KAMN) - Kaman Corporation Announces Definitive Agreement to Acquire the Parker-hannifin Aircraft Wheel & Brake Division.
Kaman Corp - Deal for $440 Million.
Kaman Corp - Transaction is Expected to Be Accretive to Kaman's Margin and Cash Flow Within First Twelve Months Following Close of Transaction.
Kaman Corp - Following Transaction, Kaman Intends to Apply Free Cash Flow From Combined Business to Quickly Deleverage Balance Sheet.
Revenue is expected to be $178.95 Million
Adjusted EPS is expected to be $0.36

Next Quarter Revenue Guidance is expected to be $197.3 Million
Next Quarter EPS Guidance is expected to be $0.62

More details on our Analysts Page.