BLOOMFIELD, Conn., April 5 /PRNewswire-FirstCall/ — Kaman Corporation (NASDAQ:KAMN) today announced that its subsidiary, Kaman Industrial Technologies Corporation (KIT), has completed the previously announced acquisition of Allied Bearings Supply Company (Allied) of Tulsa, Oklahoma. The transaction closed earlier today, and Allied is now part of Kaman’s Industrial Distribution Segment. Terms of the transaction were not disclosed.

Allied, founded in 1934, is a distributor of bearings, power transmission, material handling, and industrial supplies to such diverse markets as the oil, gas, refinery, drilling equipment, steel, cement, paper, and food industries. In addition to Tulsa, the company also has branches in Oklahoma City, Pryor, Ponca City, Ardmore and, Muskogee, Oklahoma; Fort Smith, Arkansas; and Houston, Texas. The company had annual sales of approximately $22 million in the fiscal year ended October 31, 2009.

KIT is the third largest distributor of power transmission and motion control products in North America. The company operates nearly 200 branches, distribution centers and customer service centers across the U. S., Canada, Mexico, and Puerto Rico. It offers approximately three million items as well as value-added services to a base of about 50,000 customers representing a highly diversified cross section of North American industry. Kaman Corporation, founded in 1945 by aviation pioneer Charles H. Kaman, and headquartered in Bloomfield, Connecticut conducts business in the aerospace and industrial distribution markets.

Source: Kaman Corporation

WIMBORNE, United Kingdom – Cobham traces its origin to this day in 1934, when aviation pioneer and innovator Sir Alan Cobham founded Flight Refuelling Ltd. By 1934, Sir Alan Cobham had already established his reputation as an aviation pioneer, passionate about making the aircraft a mainstream means of transport. He came to prominence flying potential commercial airline routes between the UK and India, Africa, and Australia during the 1920s. During the 1930s, he introduced more than a million people to the experience of flight with “Cobham’s Flying Circus”.

Although the company he founded in 1934 started as an air-to-air refuelling specialist and is still the world leader in this field, Cobham today is so much more. Through a combination of organic growth and the acquisition of over 50 companies, the Group’s capabilities are now increasingly focused around C4ISR, safety and survival.

The Group’s products and services have played pivotal roles in world events from the Berlin Airlift to the US and European space programs, NATO operations and relief efforts after Hurricane Katrina in 2005 and China’s Sichuan earthquake in 2008. Cobham is also involved with customers and partners on some of the most important programmes in Aerospace and Defence such as Eurofighter Typhoon, F-35, Future Strategic Tanker Aircraft, A400M and vehicle intercom systems for land based vehicles.

Cobham has produced a commemorative web site and a book dedicated to its employees past and present. His Royal Highness Prince Philip, who knew Sir Alan and Sir Michael Cobham, has kindly written the foreword to this book. In it he states:

“Anyone who has a talent for engineering and the ambition to use it for the benefit of humanity would be well-advised to read this book as a source of inspiration and encouragement. Equally, anyone intending to follow a career in politics might learn some important lessons about the value of engineers and engineering to the creation of wealth and national prosperity.”

The Group’s development over the past 75 years has been guided by only four Chief Executives: Sir Alan Cobham, his son Sir Michael Cobham, Gordon Page CBE, and Allan Cook CBE.

For further information visit www.cobham75.com.

About Cobham:

Cobham’s products and services have been at the heart of sophisticated military and civil systems for 75 years, keeping people safe, improving communications, and enhancing the capability of land, sea, air and space platforms. The Company has four divisions employing more than 12,000 people on five continents, with customers and partners in over 100 countries and annual revenue of more than £1.4bn / $2.1 billion.

Contacts:

Greg Caires
Media Relations
+1 703 414 5319

Julian Wais
Investor Relations

+1 703 414 5319 +44 (0) 1202 857998

greg.caires@cobham.com
julian.wais@cobham.com