Category Archives: VTOL

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

Airbus Helicopters to Expand UAS Portfolio with Acquisition of Aerovel

Airbus Helicopters and Aerovel have signed an agreement regarding the acquisition of Aerovel and its unmanned aerial system (UAS), Flexrotor, as part of a strategy to strengthen its portfolio of tactical unmanned solutions. Flexrotor is a small tactical unmanned aerial system designed for intelligence, surveillance, target acquisition and reconnaissance (ISTAR) missions at sea and over land. Continue reading

Piasecki Gets $37M USAF Award for Next-Gen VTOLs and Hydrogen Propulsion Technologies

Piasecki Aircraft Corporation, a global supplier of rotorcraft and aerial vehicles, announced that it has been awarded a $37 million multi-year contract by AFWERX, the Air Force’s innovation arm in conjunction with the Air Force Research Laboratory (AFRL), as part of its Strategic Funding Increase (STRATFI) program. Continue reading