The company is currently a subsidiary of Canadian corporate group Exertis | JAM.

In addition to his business interests in aviation, Kaman was a guitarist who came to explore the use of composite materials technologies in guitar building.

He and his engineers created the round-backed, composite-body Ovation guitar in 1966.

[2] In 2011, Kaman Music Corporation and Musicorp, sister companies under the FMIC umbrella, united their sales and catalog divisions as KMC Musicorp.

[6] In February 2015, Fender Musical Instruments Corporation sold KMC to JAM Industries,[7] which rebranded as Exertis | JAM in 2021.