{"schema_version":"secwatch.filing_event.v1","accession":"0000054381-23-000004","form_type":"8-K","ticker":null,"cik":"0000054381","company_name":"KAMAN Corp","filed_at":"2023-01-18T23:59:59+00:00","discovered_at":"2026-05-14T18:03:47.733290+00:00","generated_at":"2026-06-20T14:18:41.575557+00:00","sec_items":["2.05","2.06","5.02","7.01","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Kaman discontinues K-MAX production, cuts 3 exec roles, targets $25M annual savings","bullets":["Restructuring includes discontinuing K-MAX and K-MAX TITAN production; $25M annual run-rate cost savings expected.","Pre-tax restructuring charges estimated at $10-12M cash plus ~$54M non-cash write-downs; ~$61M recorded in Q4 2022.","Three executive officers to depart Jan 27: COO Russell Bartlett, GC Shawn Lisle, CIO Rafael Cohen; severance disclosed.","Ian Walsh temporarily manages Structures; Carroll Lane adds Engineered Products; Richard Smith becomes GC; Roy Dilig VP-IT."],"urls":{"canonical":"https://secwatch.observer/filing/0000054381-23-000004","json":"https://secwatch.observer/filing/0000054381-23-000004.json","markdown":"https://secwatch.observer/filing/0000054381-23-000004.md","text":"https://secwatch.observer/filing/0000054381-23-000004.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/54381/000005438123000004/0000054381-23-000004-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/54381/000005438123000004/kamn-20230117.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-20T14:18:41.575557+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"21d7e605ea","claim":"Rafael Z. Cohen resigned as Vice President and Chief Information Officer at KAMAN Corp.","evidence_excerpt":"• Rafael Z. Cohen, Vice President and Chief Information Officer","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/54381/000005438123000004/0000054381-23-000004-index.htm","confidence":1.0,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Vice President and Chief Information Officer"}],"fact_type":"executive_change"},{"claim_id":"8c3093e4e2","claim":"Richard S. Smith, Jr. changed role as Senior Vice President and General Counsel at KAMAN Corp.","evidence_excerpt":"Richard S. Smith, Jr., Vice President, Deputy General Counsel and Secretary, will become Senior Vice President and General Counsel of the Company","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/54381/000005438123000004/0000054381-23-000004-index.htm","confidence":0.9,"family_label":"Executive change","details":[{"label":"Action","value":"promoted"},{"label":"Role","value":"Senior Vice President and General Counsel"}],"fact_type":"executive_change"},{"claim_id":"a8cf99c651","claim":"Russell J. Bartlett resigned as Senior Vice President and Chief Operating Officer at KAMAN Corp.","evidence_excerpt":"• Russell J. Bartlett, Senior Vice President and Chief Operating Officer","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/54381/000005438123000004/0000054381-23-000004-index.htm","confidence":1.0,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Senior Vice President and Chief Operating Officer"}],"fact_type":"executive_change"},{"claim_id":"bd96a7e9a5","claim":"Roy Dilig changed role as Vice President – Information Technology at KAMAN Corp.","evidence_excerpt":"Roy Dilig, Director of Information Technology for the Company’s Bal Seal Engineering subsidiary, will become Vice President – Information Technology of the Company","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/54381/000005438123000004/0000054381-23-000004-index.htm","confidence":0.9,"family_label":"Executive change","details":[{"label":"Action","value":"promoted"},{"label":"Role","value":"Vice President – Information Technology"}],"fact_type":"executive_change"},{"claim_id":"c12174daf9","claim":"Shawn G. Lisle resigned as Senior Vice President, General Counsel, Chief Ethics and Compliance Officer and Assistant Secretary at KAMAN Corp.","evidence_excerpt":"• Shawn G. Lisle, Senior Vice President, General Counsel, Chief Ethics and Compliance Officer and Assistant Secretary","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/54381/000005438123000004/0000054381-23-000004-index.htm","confidence":1.0,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Senior Vice President, General Counsel, Chief Ethics and Compliance Officer and Assistant Secretary"}],"fact_type":"executive_change"},{"claim_id":"edefc358dd8c628358636dc3a9aa87b2d90c645d","claim":"KAMAN Corp announced a restructuring with charges of $10 to $12 million affecting company-wide (reducing headcount).","evidence_excerpt":"the Company currently expects to incur approximately $10 to $12 million in total pre-tax restructuring charges, consisting of approximately $9 to $10 million of future cash expenditures relating to various headcount reduction and personnel initiatives","evidence_source":"SEC 8-K Item 2.05/2.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/54381/000005438123000004/0000054381-23-000004-index.htm","confidence":0.9,"family_label":"Restructurings & Charges","details":[{"label":"Type","value":"restructuring"},{"label":"Charge","value":"$10 to $12 million"},{"label":"Affected area","value":"company-wide"},{"label":"Headcount","value":"reducing headcount"}],"fact_type":"restructuring_charge"},{"claim_id":"f2536ef790bcf5b33b8cc410d5f8cff4c838c990","claim":"KAMAN Corp announced a impairment with charges of $54 million of noncash charges affecting inventories and fixed assets.","evidence_excerpt":"approximately $54 million of noncash charges relating to the write down of existing aircraft, contract costs, excess spare parts and equipment inventories","evidence_source":"SEC 8-K Item 2.05/2.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/54381/000005438123000004/0000054381-23-000004-index.htm","confidence":0.9,"family_label":"Restructurings & Charges","details":[{"label":"Type","value":"impairment"},{"label":"Charge","value":"$54 million of noncash charges"},{"label":"Affected area","value":"inventories and fixed assets"}],"fact_type":"restructuring_charge"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}