Matt Thurber, editor-in-chief at AIN Media Group, has been flying since 1975 and writing about aviation since 1978 and now has the best job in the world, running editorial operations for Aviation International News, Business Jet Traveler, and FutureFlight.aero. In addition to working as an A&amp;P mechanic on everything from Piper Cubs to turboprops, Matt taught flying at his father’s flight school in Plymouth, Mass., in the early 1980s, flew for an aircraft owner/pilot, and for two summer seasons hunted swordfish near the George’s Banks off the East Coast from a Piper Super Cub. An ATP certificated fixed-wing pilot and CFII and commercial helicopter pilot, Matt is type-rated in the Citation 500 and Gulfstream V/550. Based in the Pacific Northwest, Matt and his team cover the entire aviation scene including business aircraft, helicopters, avionics, safety, manufacturing, charter, fractionals, technology, air transport, advanced air mobility, defense, and other subjects of interest to AIN, BJT, and FutureFlight readers.

Editor-in-Chief

Matt Thurber

Helicopter and aerospace component manufacturer Kaman has agreed to be acquired by private equity firm Arcline Investment Management. The transaction is expected to be closed in the first half of 2024 following shareholder and regulatory approvals. Publicly held Kaman’s stock traded in the $22 range prior to the announcement that Arcline will pay $46.00 per share in an all-cash transaction worth about $1.8 billion.
Kaman was founded in 1945 by Charles Kaman and still supports the SH-2G Super Seasprite maritime helicopter and K-Max intermeshing-rotor helicopter. Its most recent program is the <a href="https://www.ainonline.com/aviation-news/business-aviation/2023-03-07/kaman-phi-partner-kargo-uav-commercial-operations">Kargo</a> uncrewed aerial system, a turbine-engine-powered cargo delivery aircraft. The company also specializes in aircraft bearings, wheels and brakes, metal and composite aerostructures, aircraft electronics and components, and defense products.
Late last year, Kaman acquired Hartzell Aviation from Tailwind Technologies, which includes Hartzell Propeller and Hartzell Engine Tech. The latter recently purchased general aviation ignition products manufacturer Kelly Aero and rebranded it as PowerUp Ignition Systems.&nbsp;
According to Kaman chairman, president, and CEO Ian Walsh, “Following robust engagement with Arcline and careful evaluation of other potential value-creation opportunities, we are pleased to have reached this agreement. Given the rigorous review of alternatives we recently completed, we are confident this transaction maximizes value for shareholders and is in the best interest of Kaman as well as our employees, customers, and other stakeholders.”

Issues regarding financing of aircraft; aviation insurance; tax issues for aircraft operators; new companies and people in the aviation financing and insurance industries.

Arcline Adding Kaman to Growing Aerospace Portfolio

The acquisition is subject to shareholder and regulatory approvals

Kaman’s stock traded in the $22 range prior to the announcement that Arcline will pay 46.00 per share in an all-cash transaction worth about $1.8 billion.

2024 Corporate Aviation Leadership Summit

Jessica Reed

News and developments about airplanes, helicopters and unmanned air vehicles used in all varieties of operations, including airlines, military, business, commercial, general aviation and private.

News and issues relating to business, corporate and private aviation, primarily regarding turbine-engine-powered airplanes and helicopters. Subjects include aircraft, engines, maintenance, operations, personnel, acquisitions, accidents, safety, security, and training.

News and issues concerning general aviation, specifically airplanes and helicopters powered by piston and alternative engines (i.e., non-turbine powered aircraft). Subjects include aircraft, engines, personnel, acquisitions, accidents, safety, security and training.

Aircraft dealers say new deliveries boost the resale market for business aircraft

IADA Welcomes Rise in Aircraft Deliveries

AmyWilder

News and issues regarding all manner of civil and military rotorcraft and their powerplants, including helicopters, tilt rotors and unmanned air vehicles.

News and issues relating to the aerospace industry that are related to the science, engineering and business of flight in space involving civil, industrial and military applications, and similar topics related to flight in the atmosphere of the Earth that are not covered more directly by other AINonline subject channels. In other words, both astronautical and aeronautical subjects, except for those aeronautical topics that are specifically covered elsewhere on this website.

Essential news and analysis on the defense aerospace business. Your trusted source for new and ongoing programs and requirements in military aircraft (manned and unmanned), engines, avionics, weapons and associated systems, including ground-based air defense.

Italian aerospace and defense group grew revenues by 16.2% last year

Helicopter and Defense Divisions Boost Leonardo Earnings

Charles Alcock

News and developments about aircraft engines, including turbofan, turboprop, turboshaft and piston.

Group of investors fail to complete takeover of German company assets

Lilium Closes eVTOL Business As New Investment Falls Through

Industry groups release new analysis showing growing economic impact

General Aviation Contributes $339B to U.S. Economy

News and issues about aviation maintenance, repair and overhaul (MRO), covering all segments of the aviation industry; and modifications for aircraft and engines. Subjects include product support of aircraft, engines and avionics, MRO company mergers, acquisitions, announcements and personnel, Airworthiness Directives, Supplemental Type Certificate approvals and other topics.

Swiss manufacturer delivered 153 aircraft in 2024, including PC-12s and PC-24s

Pilatus Boosts Revenues, Responds to Supply-chain Issues

News and issues relating to international air transport and cargo carriers, national airlines and regional airlines, including aircraft, engines, personnel, acquisitions, accidents, safety, security and training.

In this article

Kaman K-MAX

Kaman Aerospace

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IADA Welcomes Rise in Aircraft Deliveries

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Helicopter and Defense Divisions Boost Leonardo Earnings

Italian aerospace and defense group grew revenues by 16.2% last year

Lilium Closes eVTOL Business As New Investment Falls Through

Group of investors fail to complete takeover of German company assets

General Aviation Contributes $339B to U.S. Economy

Industry groups release new analysis showing growing economic impact

Pilatus Boosts Revenues, Responds to Supply-chain Issues

Swiss manufacturer delivered 153 aircraft in 2024, including PC-12s and PC-24s

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30 staff at the Washington-based company were laid off last week

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Jet.Ai to remain independent, spin off aviation business

Piper Aircraft Deliveries Soar Nearly 20% in 2024

M700 Fury launch contributed to growth in aircraft shipments last year

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