Who bought Kaman?
Motion Industries, Inc.
Motion Industries, Inc., a leading distributor of maintenance, repair, and operation replacement parts, and a premier provider of industrial technology solutions, has completed the purchase of Kaman Distribution Group (“KDG”) for a purchase price of approximately $1.3 billion in cash, effective January 3, 2022.
Who owns Kaman Industrial Technologies?
Kaman CorporationKaman Industrial Technologies Corp / Parent organization
What does Kaman Aerospace do?
At Kaman Aerospace, a subsidiary of Kaman Corporation, we produce and market aircraft bearings and components, metallic and composite aerostructures, and safe and arm solutions for missile and bomb systems. We also manufacture SH-2G Super Seasprite maritime helicopters and K-MAX aerial truck helicopters.
How much does a KMAX helicopter cost?
$8 million
First type certified in 1994, the K-MAX is unusual for its intermeshing twin main rotors, the same basic principle used in Charles Kaman’s first prototype helicopter in 1947, the K-225. Carrying a projected price in the neighborhood of $8 million, the K-MAX will relaunch with new deliveries in 2017.
Did Motion Industries Buy Kaman?
– Motion Industries, Inc., a leading distributor of maintenance, repair, and operation replacement parts, and a premier provider of industrial technology solutions, has completed the purchase of Kaman Distribution Group (“KDG”) for a purchase price of approximately $1.3 billion in cash, effective January 3, 2022.
Who owns Motion Industries?
Genuine Parts CompanyMotion Industries / Parent organization
Who is KDG Corp?
KDG Development Corp. operates as a construction management firm. The Firm provides services such as cost estimates, value engineering, bid packaging assistance, general contractor selection, and contract negotiation. KDG Development also develops, implements, manages, and analyzes project and program control systems.
Who bought Motion Industries?
On Dec. 16, Genuine Parts Co. — the parent company of MRO parts distributor Motion (formerly Motion Industries) — announced that it has reached a deal for Motion to acquire Kaman Distribution Group from private investment firm Littlejohn & Co. for approximately $1.3 billion.
Where are K-MAX helicopters made?
Jacksonville, Florida
The helicopters are manufactured at Kaman’s facilities in Jacksonville, Florida, and Bloomfield, Connecticut.