Kaman, more than halved its losses in 1994, to the end the year, with a $13.2 million deficit. Sales also edged up to $820 million, helped by the group's diversification into non-defence industrial-technology markets. Founding chairman Charles Kaman welcomes the Pentagon's initiative in urging the US forces to use commercially developed products, pointing to potential military orders for the new K-MAX.
Source: Flight International
Embraer has signed its latest contract for the strong-selling C-390 tactical transport: a joint, nine-aircraft deal for NATO member the Netherlands and Austria.
The industrial partners behind the trinational Global Combat Air Programme (GCAP) are making solid progress towards its next, key phase, according to senior officials speaking at the Farnborough air show.
After a nearly year-long pause, the Pentagon has begun accepting new F-35 fighters from Lockheed Martin, despite ongoing issues certificating the latest technical configuration of the stealth aircraft.
