Navy SEALs Who Died in Mission Interdicting Weapons Headed to Houthis Are Identified

The two sailors were Navy Special Warfare Operator 1st Class Christopher Chambers, 37, and Navy Special Warfare Operator 2nd Class Nathan Gage Ingram, 27.


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Private-equity firm acquires aviation firm Kaman for $1.8 billion

Kaman's KARGO UAV is a quadcopter designed to carry hundreds of pounds of supplies to Marines in expeditionary bases away from logistics hubs, either in a conformal pod or in a sling load under the unmanned air vehicle. (Kaman imagery)

WASHINGTON — Private-equity firm Arcline Investment Management will acquire aviation technology company Kaman Corp. in a roughly $1.8 billion all-cash deal, according to a Jan. 19 announcement.

Kaman will become a privately held company when the transaction is final, it notes.

“Over the last several quarters, we have made significant progress executing our strategy by transforming our portfolio, through investing in innovation, pivoting to new growth technologies, and optimizing the Company’s cost structure,” Ian Walsh, Kaman’s chief executive, said in the company announcement. “[W]e look forward to benefiting from increased resources, expertise and flexibility as a private company post-closing.”

Under the agreement, Kaman shareholders will receive $46 per share in cash, the company announcement said. This price is roughly double Kaman’s closing share price on Jan. 18.

The Bloomfield, Connecticut-based Kaman, founded in 1945 by aviator Charles Kaman, is known for its heavy-lift K-MAX manned helicopter, which saw operations in an unmanned mode in Afghanistan in 2011.

The company spent nine months developing its KARGO unmanned aerial system to deliver a medium-lift logistics capability. It unveiled KARGO, a quadcopter meant to resupply small units of Marines scattered around island chains as part of the Corps’ expeditionary advanced base operations concept, in 2021.

Kaman also manufactures aircraft components and aerostructures for helicopters, fixed-wing and unmanned aircraft and has performed subcontract work to restore, modify and support the SH-2G Seasprite maritime helicopters.

“Kaman has long been a trusted solutions provider of engineered components and subsystems of mission-critical markets and we believe the Company is in a strong position to grow and benefit from attractive tailwinds,” Arcline said in the statement. “We look forward to working closely with Ian and the rest of the talented Kaman team to drive further growth through accelerated investments in both new product development and strategic acquisitions.”

3 killed in Air Evac Lifeteam helicopter crash near Hydro identified

Air Evac Lifeteam officials said a medical helicopter was returning to base in Weatherford shortly before 11:25 p.m. on Saturday when their control center lost contact with the crew. They learned the helicopter crashed near Hydro, and three crew members died.

The victims were identified by Air Evac Lifeteam as pilot Russell Haslam, flight nurse Adam Tebben and flight paramedic Steven Fitzgerald.

"Air Evac Lifeteam deeply appreciates the support they have received from the community and our partners in care during this challenging time," an Air Evac Lifeteam official said in a statement to KOCO 5 on Monday. "It is with a heavy heart that we share the names of our three colleagues lost in the tragic January 20 air accident. Pilot Russell Haslam, Flight Nurse Adam Tebben and Flight Paramedic Steven Fitzgerald. We continue to hold their families in our hearts."

Tripler Hospital Settles Malpractice Lawsuit for $9.5M After Army Wife's Botched Surgeries Led to Death

The U.S. government will pay $9.5 million to a military family to settle a medical malpractice judgment for a "botched gastric bypass surgery" in 2020.


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Military Ends Rescue Search for Navy SEALs Lost in Maritime Raid on Ship With Iranian Weapons

The names of the SEALs have not been released as family notifications continue.


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