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EX-99.1 - EXHIBIT 99.1 - KAMAN Corpexhibit991-9x7x17.htm


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549

FORM 8-K

CURRENT REPORT Pursuant
to Section 13 or 15(d) of the
Securities Exchange Act of 1934

Date of report (Date of earliest event reported): September 6, 2017

Kaman Corporation
(Exact Name of Registrant as Specified in Its Charter)

Connecticut
(State or Other Jurisdiction of Incorporation)

001-35419
 
06-0613548
(Commission File Number)
 
(IRS Employer Identification No.)
 
 
 
1332 Blue Hills Avenue, Bloomfield, Connecticut
 
06002
(Address of Principal Executive Offices)
 
(Zip Code)

(860) 243-7100
(Registrant’s Telephone Number, Including Area Code)

Not Applicable
(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

o
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company    o

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.    o






Item 2.05    Costs Associated with Exit or Disposal Activities.

On September 6, 2017, the senior management of Kaman Corporation (the “Company”) approved a restructuring plan designed to enhance capacity utilization, increase efficiency and improve the overall cost structure of the Company’s Aerosystems business. The restructuring was announced in a press release dated September 7, 2017, a copy of which is filed as Exhibit 99.1 to this report and is hereby incorporated herein by reference.

Item 2.06    Material Impairments.

The information included under Item 2.05 of this report, including the information set forth in Exhibit 99.1 hereto, is hereby incorporated herein by reference.

Item 9.01    Financial Statements and Exhibits.
(d)    Exhibits.
The following exhibit is filed as part of this report:

        
Press Release dated September 7, 2017






SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.


 
KAMAN CORPORATION
 
 
 
 
 
 
 
 
 
 
By:
/s/ Shawn G. Lisle
 
 
Shawn G. Lisle
 
 
Senior Vice President and General Counsel
 
 
 

Date: September 7, 2017





INDEX TO EXHIBITS


Exhibit
Description
 
 
99.1
Press Release dated September 7, 2017