KARGO UAV Takes Flight: Kaman Corporation Celebrates Successful First Flight of Autonomous KARGO UAV [Yahoo! Finance]
Kaman Corporation (KAMN)
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Source: Yahoo! Finance
full-scale KARGO UAV, a purpose-built, autonomous, expeditionary resupply vehicle. This milestone, which took place in December of 2023, signifies a major accomplishment in the ongoing flight test progression. The development of this medium-lift UAS, initiated in 2021 to address logistics needs for U. S. Marine Corps operations, is now well underway. "It is difficult to describe the sense of satisfaction one feels when watching an aircraft take flight for the first time, and very few people get the opportunity to participate in something like this," said Romin Dasmalchi, General Manager of KARGO UAV. "This team worked hard to get here, and the intensity continues as we look to move from prototyping to production," he added. KARGO UAV is intended to support the U. S. Military, partners, allies, and commercial customers by providing affordable, reliable, and maintainable logistics support in austere and maritime environments. The design leverages existing high-TRL components so that a
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KAMN
Earnings
- 2/22/24 - In-Line
KAMN
Sec Filings
- 4/22/24 - Form S-8
- 4/22/24 - Form S-8
- 4/22/24 - Form S-8
- KAMN's page on the SEC website