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Kaman Specialty Bearings and Triton Systems, Inc. Form Exclusive Teaming Agreement

Dépèche transmise le 21 juin 2011 par Business Wire

Kaman Specialty Bearings and Triton Systems, Inc. Form Exclusive Teaming Agreement

Kaman Specialty Bearings and Triton Systems, Inc. Form Exclusive Teaming Agreement

LE BOURGET, France--(BUSINESS WIRE)--Kaman Specialty Bearings (Kaman) a division of Kaman Corporation (NASDAQ-GS:KAMN) and Triton Systems, Inc. (Triton) announced today that they have signed an exclusive teaming agreement to develop, fabricate, and market products that use Triton’s Fiber Reinforced Aluminum (FRA™) composite material. FRA™ is an exceptional, patented aluminum composite material that has excellent wear resistance, high compressive strength, enhanced strength at elevated temperatures and good machinability.

“FRA™ is an ideal lightweight material replacement for steel bearing applications and a solution for aluminum alloys requiring extended service life at elevated temperature”

"We’re excited about this collaboration and believe this partnership will enable new, unique solutions for our customers and is a perfect extension to our current material technology and bearing product offerings. In many applications, Triton’s FRA™ material can replace hardened steel to realize a 2/3 weight reduction,” commented Rob Paterson, Kaman President.

Kaman develops and markets a variety of self-lubricating and airframe bearings and related products for the aerospace, marine, power generation, and industrial markets. Kaman’s bearings are on virtually every aircraft manufactured around the world. Its engineered products lead the industry in performance and life with benefits including high load capacity, low friction, weight reduction and zero maintenance.

"FRA™ is an ideal lightweight material replacement for steel bearing applications and a solution for aluminum alloys requiring extended service life at elevated temperature," noted Bill Altergott, Executive Vice President of Triton Systems. “Our composite material products are focused on delivering lightweight solutions – enabling defense and commercial customers to save on energy by reducing the weight of their structures.”

Under the agreement, Kamatics will develop applications with FRA™ material for the aerospace, energy and marine marketplace – as well as potential new products in the future.

About Kaman Specialty Bearings (KSB)

Kamatics Corporation of Bloomfield, Connecticut and RWG Frankenjura-Industrie Flugwerklager GMBH, of Dachsbach, Germany comprise the KSB product group. KSB manufactures mechanical products for aviation, marine, hydropower, and other industrial applications. The company offers self-lubricated bearings and traditional rolling element bearings for hydropower installations, ships, submarines, aircraft flight controls, turbine engines, and landing gear as well as drive couplings for helicopters.

About Kaman Corporation

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. The company produces and/or markets widely used proprietary aircraft bearings and components; complex metallic and composite aerostructures for commercial, military and general aviation fixed and rotary wing aircraft; aerostructure engineering design analysis and FAA certification services; safe and arm solutions for missile and bomb systems for the U.S. and allied militaries; subcontract helicopter work; and support for the company's SH-2G Super Seasprite maritime helicopters and K-MAX medium-to-heavy lift helicopters. The company is a leading distributor of industrial parts, and operates more than 200 customer service centers and five distribution centers across North America. Kaman offers more than four million items including bearings, mechanical power transmission, electrical, material handling, motion control, fluid power, automation and MRO supplies to customers in virtually every industry. Additionally, Kaman provides engineering, design and support for automation, electrical, linear, hydraulic and pneumatic systems as well as belting and rubber fabrication, customized mechanical services, hose assemblies, repair, fluid analysis and motor management. More information is available at www.kaman.com.

About Triton Systems, Inc. (Triton) (www.tritonsystems.com)

Triton Systems, Inc. (Triton) is an advanced materials, coatings and engineering systems company headquartered in Chelmsford, Massachusetts. Triton selectively combines U.S. Government funds with private equity investments to transition ideas to the marketplace. Founded in 1992, Triton, along with its affiliates, has three locations in Massachusetts, a coatings facility in North Dakota, a life science group in Berkeley, California, and a manufacturing site in Domat-EMS, Switzerland. FRA is a trademark of Triton Systems, Inc.

Business Wire

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