KAMAN INTENDS TO TAKE $21.0 MILLION NON-CASH CHARGE
             RELATED TO MD HELICOPTERS CONTRACT WORK


BLOOMFIELD, Conn. (September 27, 2004)--Kaman Corporation
(NASDAQ: KAMNA) today announced that it intends to take a non-
cash sales and pre-tax earnings charge in the third quarter of
approximately $21.0 million, eliminating its investment
(principally billed receivables and recoverable costs-not billed)
in contracts with MD Helicopters, Inc. (MDHI).  These contracts
provide for the production of helicopter fuselages and rotor
blades but, because of payment issues, Kaman stopped work under
this program in 2003.  The charge is not expected to result in
any future cash expenditures.

Paul Kuhn, chairman, president and chief executive officer of
Kaman, said, "It has been our expectation that MDHI would be
successful in executing its strategy to improve current financial
and operational circumstances. MDHI management has indicated
that, although it continues to work on this strategy, it has not
been able to resolve the situation thus far; therefore, we have
determined that, given the current circumstances, a sales and
pre-tax charge in the amount of our investment under these
contracts must be taken in compliance with accounting principles
generally accepted in the U. S.  We intend to maintain a business
relationship with MDHI should it be successful in improving its
financial and operational situation."

Kaman Corporation, based in Bloomfield, Conn., conducts business
in the aerospace, industrial distribution and music markets.

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Contact:
Russell H. Jones
SVP, Chief Investment Officer & Treasurer
(860) 243-6307
rhj-corp@kaman.com