Storied Helo And UAV Maker Kaman Taken Private In $1.8 Billion Sale

twin-rotor helicopter against a snow-capped mountain scene

K-MAX helicopter.

Credit: Robert McGouey/Industry/Alamy Stock Photo
Kaman, a storied pioneer of helicopters and UAVs and scion of New England aerospace, will be acquired by private-equity firm Arcline Investment Management in a deal worth around $1.8 billion, the companies announced Jan. 19. Publicly traded Kaman of Bloomfield, Connecticut, will become a privately...

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