Category Archives: VTOL

Schiebel Wins CAMCOPTER S-300 Contract for South Korean Navy

Schiebel, together with Korean based defence solutions companies Hanwha Systems and UI Helicopter, has been awarded a contract by the Defence Acquisition Programme Administration (DAPA) for the development and delivery of the Vertical Take-off and Landing (VTOL) CAMCOPTER S-300 Unmanned Air System (UAS), to be operated by the South Korean MOD. Continue reading

Private-Equity Firm Acquires Kaman for $1.8 BN

Kaman Corp. announced that it has entered into a definitive agreement to be acquired by Arcline Investment Management, L.P., 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. Continue reading