Rotorcraft
Kaman To Acquire Parker's Wheel and Brake Division
The more than 80-year-old division supports over 100 aircraft platforms in the commercial, military, and general aviation markets.

Aircraft supplier and manufacturer Kaman Corp. this week entered into a definitive agreement with Parker-Hannafin Corp. to acquire its aircraft wheel and brake division for $440 million. Parker is divesting the business to secure approval from regulators for its acquisition of Meggitt. Approval of Kaman’s acquisition is expected before the end of the year.


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