Kaman

A two-week competitive fly-off for the Medium Aerial Resupply Vehicle - Expeditionary Logistics program is expected to begin in July.

Kaman, a storied pioneer of helicopters and UAVs and scion of New England aerospace, will be acquired by private-equity firm Arcline Investment Management.

The San Francisco-based company is using a Cessna 208B Caravan for the flight tests.

The SeaOnyx appears to be a new derivative of the Phenix Solutions Ultra UAS series, which features a coaxial rotor for vertical lift.

Helicopter operator PHI will help Kaman explore potential missions for the Kargo to refine its design for the commercial market.

Production of the synchropter is set to end after just 60 aircraft were manufactured.

The UK business of Kaman Corporation has been purchased in a management buyout.

A cyberattack on a newly acquired manufacturing asset and a foreign policy shift by the new Biden administration combined to overshadow topsized financial results disclosed by aerospace supplier Kaman on Feb. 26.

Longtime CEO Neal Keating handing over the reins to newcomer Ian Walsh on Sept. 8.