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Articles for tag Kaman


Jan
19
2024

KAMAN TO BE ACQUIRED BY ARCLINE FOR $1.8 BILLION

Posted by Admin

BLOOMFIELD, Conn.–(BUSINESS WIRE)–Jan. 19, 2024–Kaman Corp. (NYSE:KAMN) (“Kaman” or the “Company”) today announced that it has entered into a definitive agreement to be acquired by Arcline Investment Management, L.P. (“Arcline”), a growth-oriented private equity firm with deep experience investing in technology-driven, meaningful-to-the-world industrial businesses, in an all-cash transaction with a total enterprise value of approximately $1.8 billion. Upon completion of the transaction, Kaman will become a privately held company.

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Tags: Arcline Investment Management Kaman
Categories: Press Releases


Oct
05
2023

U.S. ARMY AWARDS NEAR EARTH AUTONOMY AND KAMAN AIR VEHICLES CONTRACT TO DEMONSTRATE HEAVY LIFT VTOL CAPABILITY

Posted by Admin

PITTSBURGH–(BUSINESS WIRE)–Oct. 4, 2023–Near Earth Autonomy, Inc. (Near Earth) and Kaman Air Vehicles, a division of Kaman Corporation (NYSE: KAMN), announced today that they have been awarded a contract by the U.S. Army to demonstrate a resupply uncrewed aerial system (UAS) capable of moving loads with a minimum of 800 pounds and flying distances over 100 miles. This heavy-lift vertical takeoff and landing (VTOL) UAS will take Soldiers out of harm’s way and supplement resupply trips through added uncrewed lift capacity.

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Tags: Kaman US Army
Categories: Press Releases