(NYSE:KAMN) Kaman Corporation confirmed today that it is negotiating with General Dynamics Canada to remanufacture and upgrade four Kaman SH-2G Super Seasprite aircraft, and will provide support for the operation of a fifth aircraft for the Peruvian Navy.
The aircraft are being transferred through a Memorandum of Understanding between, the Peruvian Ministry of National Defense and the Government of Canada’s international government-to-government contracting organization, the Canadian Commercial Corporation (CCC). General Dynamics Canada announced today that it is under contract with the CCC to support this effort.
Negotiations regarding a potential contract between Kaman and General Dynamics Canada are in process and are confidential.
Source: Kaman Corporation
Date: Oct 27, 2014