Kaman Corporation and Subsidiaries

Exhibit 11-Earning Per Share Computation

(In Thousands Except Per Share Amount)

	For the Three Months End
		March 31, 2006		April 1, 2005
Basic:
Net earnings	$	5,920	$	4,705
Weighted average number of shares outstanding		23,937		22,778
Net earnings per share-basic	$	.25	$	.21
Diluted:
Net earnings	$	5,920	$	4,705
Elimination of interest expense on 6% subordinated
convertible debentures (net after taxes)		157		168
Net earnings (as adjusted)	$	6,077	$	4,873
Weighted average number of shares outstanding		23,937		22,778
Weighted averages shares issuable on conversion
of 6% subordinated debentures		767		839
Weighted average shares issuable on exercise
of dilutive stock options		242		32
Total		24,946		23,649
Net earnings per share - diluted	$	.24	$	.21

Excluded from the net earnings per share-diluted calculation are options granted to employees that are anti-dilutive of 293 and 223 based on the average stock price for the three months ended March 31, 2006 and April 1, 2005, respectively.