Abstract: A flying die apparatus including a reciprocally movable carriage mounting a plurality of die heads capable of performing sequential or concurrent operations on a strip stock segment aligned and moving with the carriage. The die support heads include a rotatable coupling which provides a common source of pressurized fluid for die actuators forming part of the head while enabling the die elements to be rotated with respect to the processing line. Rotatable nut assemblies engageable with elongated ball screw shafts interconnect the heads to maintain a rigid spacing between the heads while providing a means for adjusting the relative position of the heads with respect to each other. A gimbal mounting is also provided to enable the die support heads to be angled with respect to the processing line to perform angled cuts, etc.