$KAI

Kadant Inc. subsidiary Kadant Fiberline (China) won an order for an OCC system from Sun Paper in China. The PM21 system, with 1,600 BDMT daily capacity, is set to start in 2027. Kadant highlights its long-term partnership with Sun Paper, emphasizing energy efficiency and performance. Kadant Inc. (NYSE: KAI) is a global supplier of industrial processing technologies.

Kadant Inc. subsidiary Kadant Black Clawson said it started up a new green liquor system at Södra Cell Mörrum mill in Sweden. The project, developed with Kadant Noss AB, adds a green liquor clarifier and dregs precoat filter to improve filtration, chemical recovery, and reduce capital and operating costs, according to the companies. Södra mill capacity is 470,000 tons/year.

Korea Aerospace Industries (KAI) and Hyundai Rotem signed an Aug. 12, 2026 memorandum to jointly develop and integrate long-range air-to-air missiles for the KF-21 Boramae fighter, including systems integration and potential export package models. KAI said the KF-21 development ended July 29, 2026, with first 40 deliveries planned by 2028 and 120 by 2032.

Korea Aerospace Industries (KAI) said it signed a contract with South Korea’s National Police Agency to deliver one additional KUH-1P “Chamsuri” helicopter. The deal brings Chamsuri deliveries to 15 and Surion-based government helicopter contracts to 43, including airframe, spare parts, support equipment, and updated technical manuals.

Korea Aerospace Industries (KAI) said it signed a memorandum of understanding with Embraer to expand cooperation on aircraft structures. The framework covers R&D and potential business opportunities across design, engineering, manufacturing, and quality control, building on KAI’s supply role for E-Jet E2 wing components and Embraer’s civil and air mobility programs. No timelines were disclosed.

Kadant (KAI) reported Q2 revenue of $312.9M, up 22.6% year over year and above analyst estimates of $299.2M. Adjusted EPS was $3.42 versus $2.77 expected, and adjusted EBITDA was $68.1M. Management slightly raised full-year revenue guidance to $1.2B and Adjusted EPS to $12.56. Analyst questions focused on pipeline, M&A performance, bookings, aftermarket demand, and backlog.

The UK Ministry of Defence has launched procurement for advanced RAF jet trainer aircraft to support future multirole combat aircraft and to replace the Red Arrows’ Hawk T1 by end-2030. Boeing and Saab’s T-7A Red Hawk is positioned for competition, with BAE Systems as UK industrial partner. Other potential bidders include Leonardo, KAI, and Turkish Aerospace’s Hürjet.

Kadant (NYSE:KAI) reported Q2 equipment backlog of $182 million and said aftermarket demand stayed at record or near-record levels. Flow Control revenue rose 5% to $100 million; Industrial Processing revenue rose to a record $144 million; Material Handling bookings were $73 million. Q2 gross margin fell to 43.8%. Kadant raised FY revenue guidance to $1.19-$1.21B and adjusted EPS to $12.43-$12.68.

Kadant Inc. reported Q2 results with revenue of $313m, 4.5% above expectations, and statutory EPS of $2.75, 15% above forecasts. Analysts updated 2026 consensus to $1.20b revenue and $10.06 EPS, versus prior $1.19b and $10.07. The average price target rose 5.4% to $362, with a $335 to $380 range.

The article reports new analyst ratings for industrial stocks. BMO’s John Gibson reiterated a Buy on RB Global (RBA) with a $135 target; Barclays kept Buy at $121. Barrington’s Gary Prestopino maintained Buy on Kadant (KAI) at $380. Goldman’s Jordan Alliger kept Hold on CH Robinson (CHRW) at $180. Consensus targets are also cited.