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Kaman To Acquire Small Aerospace Design Firm

Kaman Corp. [KAMN] last week said it has agreed to acquire Global Aerosystems, LLC, a provider of aerostructure engineering design analysis and Federal Aviation Administration certification services to the aerospace industry. Terms of the pending deal, which is expected to close around Dec. 10, were not disclosed. Global Aerosystems, based in Washington, provides engineering and design services to Boeing [BA] and Japan's Kawasaki Heavy Industries. Other customers include Japan's Mitsubishi Aircraft Corp. and Heavy Industries, Canada's Bombardier, and the U.S.…

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Congress Updates

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