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BLOOMFIELD, Conn.--(BUSINESS WIRE)--Kaman and Textron Systems have recently announced a Strategic Alliance Agreement. This agreement facilitates collaboration on opportunities and critical technologies for Kaman's KARGO UAV. Textron Systems, with its extensive 30-year experience in unmanned aircraft systems (UAS), brings a wealth of knowledge and technical expertise, as well as insights on safe...
BLOOMFIELD, Conn.--(BUSINESS WIRE)--Kaman Corporation proudly announces the significant achievement of the first flight of the full-scale KARGO UAV, a purpose-built, autonomous, expeditionary resupply vehicle. This milestone, which took place in December of 2023, signifies a major accomplishment in the ongoing flight test progression. The development of this medium-lift UAS, initiated in 2021 t...
BLOOMFIELD, Conn.--(BUSINESS WIRE)--Kaman Corp. (NYSE:KAMN) (“Kaman” or the “Company”) announced it delivered a new medium-to-heavy lift K‑MAX® helicopter to Black Tusk Helicopter Inc. of Squamish, BC, Canada. Black Tusk performs various external lift projects of every scale, ranging from aerial timber harvesting, ski tower setting, firefighting, and hydroelectric projects. “Black Tusk is a hig...
BLOOMFIELD, Conn.--(BUSINESS WIRE)--Kaman Corporation (“Kaman" or the “Company”) today announced the completion of its acquisition by Arcline Investment Management, L.P. ("Arcline”) in an all-cash transaction with a total enterprise value of approximately $1.8 billion. The transaction was previously announced on January 19, 2024, and was approved by Kaman shareholders on April 17, 2024. With th...
NEW YORK , April 18, 2024 /PRNewswire/ -- Cohen & Steers Inc. (NYSE:CNS) will replace Kaman Corp. (NYSE:KAMN) in the S&P SmallCap 600 effective prior to the opening of trading on Tuesday, April 23. Arcline Investment Management LP is acquiring Kaman in a deal expected to close on April 19, pending final closing conditions.
NEW YORK , March 26, 2024 /PRNewswire/ -- Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and is investigating Kaman Corp. (NYSE: KAMN), relating to its proposed sale to Arcline Investme...
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Kaman Corporation (NYSE: KAMN) to Arcline Investment Management, L.P. Under the terms of the proposed transaction, shareholders of Kaman will receive $46.00 in cash for each share of Kaman that they own. KSF is se...
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