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June 26, 2019 | International, Aerospace

Kaman Announces Sale of Distribution Segment to Littlejohn & Co. for $700 Million in Cash

BLOOMFIELD, Conn.--(BUSINESS WIRE)--Kaman Corporation (NYSE:KAMN) today announced that it has entered into a definitive agreement to sell its Distribution segment to affiliates of Littlejohn & Co., LLC (Littlejohn) for total cash consideration of $700 million subject to customary closing conditions and working capital adjustments. The transaction value represents a multiple of 10.4 times trailing twelve-month (TTM) Segment Adjusted EBITDA* for the Distribution segment.

Full article: https://www.businesswire.com/news/home/20190626005336/en

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    August 30, 2018 | International, C4ISR

    Germany, seeking independence from U.S., pushes cyber security research

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    June 4, 2020 | International, Aerospace

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