Contribution Agreement and Alleged Breach
Kaman cites the underlying contribution agreement from the sale, which required Jacksonville to assume all liabilities tied to the transferred assets, including the two Boeing agreements. The agreement also allowed either party to seek injunctions to prevent breaches.
Despite this, Kaman claims Boeing notified it on Jan. 20 that Jacksonville had threatened nonperformance. By Jan. 26, Boeing informed Kaman it would pay the $31 million and then pursue reimbursement from Kaman under a 2019 guarantee agreement.
To safeguard its interests ahead of trial, Kaman also requested a temporary restraining order Friday to “preserve the status quo,” emphasizing the contribution agreement’s warning that any breach could cause “irreparable damage.”
Legal Representation
Kaman Aerospace is represented by Gregory M. Williams, Charlotte K. Newell, and Zachary Payne of Sidley Austin LLP, alongside Garrett B. Moritz and S. Reiko Rogozen of Ross Aronstam & Moritz LLP. Counsel for Falcon Jacksonville LLC has not been disclosed.
Requests for comment from the parties were not immediately returned Tuesday.
As this aerospace showdown unfolds, the outcome of the Kaman Aerospace Boeing $31M Demand lawsuit could send shockwaves through supplier relations and raise critical questions about accountability in high-value defense contracts.
