Kaman Corp. announced that it has entered into a definitive agreement to be acquired by Arcline Investment Management, L.P., a growth-oriented private equity firm with deep experience investing in technology-driven, meaningful-to-the-world industrial businesses, in an all-cash transaction with a total enterprise value of approximately $1.8 billion. Upon completion of the transaction, Kaman will become a […]
UK Royal Navy $13 Per Shot Laser Downs Drones in Test Fire
A laser weapon which could be fitted to future generations of Royal Navy warships has successfully destroyed aerial drones for the first time. A burst of a high-intensity beam from Dragonfire costs no more than £10 – yet can bring down incoming drones, missiles and aircraft. After nearly a decade in development and an investment […]