We represented Kaman Aerospace Corporation, a portfolio company of Arcline Investment Management, in its sale of its KARGO UAV program to Piasecki Aircraft Corporation. KARGO UAV is a medium-lift, autonomous unmanned aerial vehicle that has been demonstrated to both the U.S. Marine Corps and U.S. Army for its cargo VTOL capabilities, with successful autonomous lift and flight testing under military evaluation programs.
Kaman Air Vehicles’ KARGO UAV Program Sells to Piasecki Aircraft Corporation
Kaman Air Vehicles’ KARGO UAV Program Sells to Piasecki Aircraft Corporation
We represented Kaman Aerospace Corporation, a portfolio company of Arcline Investment Management, in its sale of its KARGO UAV program to Piasecki Aircraft Corporation. KARGO UAV is a medium-lift, autonomous unmanned aerial vehicle that has been demonstrated to both the U.S. Marine Corps and U.S. Army for its cargo VTOL capabilities, with successful autonomous lift and flight testing under military evaluation programs.