Founder Charles Kaman (1919–2011) developed the first prototypes of the Ovation guitar in 1965–1966. Kaman, an amateur guitarist from an early age, worked on helicopter design as an aerodynamacist at United. Eventually, he founded a helicopter design company, Kaman Aircraft, in 1945.
The Kaman Corporation soon diversified, branching into nuclear weapons testing, commercial helicopter flight, development and testing of chemicals, and helicopter bearings production. In the early 1960s, however, financial problems from the failure of their commercial flight division forced them to expand into new markets, such as entertainment and leisure. Charles Kaman, still an avid guitar player, became interested in making guitars.
From 1966 to 2007 Ovation guitars, and later on Adamas guitars, were a brand of KMCMusicorp, which itself was a subsidiary of Kaman Aircraft.
In 2008 KMCMusicorp (and with that the Ovation brand) was sold to the Fender Musical Instruments Corporation. In 2014, Fender announced that they were closing the Ovation guitar factory in New Hartford, Connecticut, leaving all production of Ovation guitars overseas. Before that announcement Fender established a U.S. production of various acoustic guitars in the New Hartford factory. Alongside Ovation and Adamas guitars, which were produced there for decades, Fender started a U.S. production of other Fender-owned brands in that factory, as is known, Guild (Guild Guitar Company) and Fender.
Shortly after closing the New Hartford factoryDrum Workshop, alongside a few other previously Fender-owned brands. The announcement was made on January 7, 2015. In addition to the Ovation brand, Drum Workshop also bought the New Hartford factory and reinstated the previously ceased U.S. production of Ovation and Adamas guitars, basses, ukuleles and mandolins.
it was announced that the Ovation brand had been sold to the company