Kaman

U.S. officials have announced criminal and securities violation charges against three men associated with the January 2024 take-private announcement for Kaman.

Vertical lift specialist Piasecki Aircraft plans to develop a larger-capacity version of the Kargo UAV.

Our roundup of the main aerospace and defense stories making the news this week.

The New Zealand government has confirmed it will set aside NZ$2 billion ($1.2 billion) to acquire at least five naval helicopters.

The helicopter unit of Airbus is close to realizing its 15-year-old vision of the H145 as an armed and autonomous attack and scout helicopter.

Dealmaking surged in 2024 and has continued at a brisk pace through the first quarter of this year.

The company aims to mine asteroids for water to be used directly as fuel, or broken down into hydrogen and oxygen, which also could be used as fuel.

Prime maintenance, repair and overhual assets are being snapped up even as the broader deal-making environment faces challenges.

Kaman’s Kargo and Elroy Air’s Chaparral uncrewed aircraft systems (UAS) completed an 18-day performance evaluation on July 26.

The fly-off is intended to lead to a follow-on engineering and manufacturing development phase and initial production.

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.