Kaman Corporation (NYSE:KAMN) Q4 2022 Earnings Conference Call February 24, 2023 8:30 AM ET

Company Participants

Rebecca Stath - VP and Controller

Ian Walsh - Chairman, President and CEO

Jamie Coogan - SVP, CFO and Treasurer

Conference Call Participants

Steve Barger - KeyBanc Capital Markets

Larry Solow - CJS Securities

Seth Seifman - JPMorgan

Operator

Good day and thank you for standing by. Welcome to the Kaman Corporation Q4 2022 Conference Call. At this time, all participants are in listen-only mode. After the speakers' presentation, there will be a question-and-answer session. [Operator Instructions] Please be advised that today's conference is being recorded.

And I would now like to hand the conference over to your speaker today, Ms. Becky Stath, Vice President and Controller. Ms. Stath, please go ahead.

Rebecca Stath

Good morning. Welcome to Kaman's fourth quarter 2022 earnings call. Leading the call today are Ian Walsh, Chairman, President and Chief Executive Officer; and Jamie Coogan, Senior Vice President, Chief Financial Officer and Treasurer.

Before we begin, please note that some of the information discussed during today's call will consist of forward-looking statements setting forth our current expectations with respect to the future of our business, the economy and other events. These include projections of revenue, earnings and other financial items, statements on plans and objectives of the company or its management, statements of future economic performance, and assumptions underlying these statements regarding the company and its business.

The company's actual results could differ materially from those indicated in any forward-looking statements due to many factors, the most important of which are described in the company's latest filings with the Securities and Exchange Commission, including the company's fourth quarter 2022 results included on Form 10-K and the current report on Form 8-K filed yesterday evening together with our earnings release.

We also expect to discuss certain financial measures and information that are non-GAAP measures as defined in applicable SEC rules and regulations. Reconciliations to the company's GAAP measures are included in the earnings release filed with yesterday's 8-K. Finally, we posted an earnings call supplement on our website, which provides additional context on our financial performance. You can find this presentation at www.kaman.com/investors/quarterly-earnings-call.

Now I'll turn the call over to Ian Walsh.

Ian Walsh

Thank you, Becky. Good morning, everyone, and thank you for joining us for our fourth quarter 2022 earnings call. I'll start by providing a summary of the quarter, followed by the decisive actions we have taken to improve our operations and position us for success in 2023 and beyond. I will then pass the call over to Jamie for a more detailed discussion of our financials and outlook.