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Sunday, June 14, 2015

Kaman Restarts K-Max Line

K-Max unmanned helicopterKaman is to restart production of its K-Max commercial external-lift helicopter, with the potential market for unmanned versions a factor in its decision.

Deliveries are to resume in 2017, and Kaman says launch customers include existing operators Rotex Helicopter of Switzerland, which uses its aircraft for heli-logging, and Atlanta-based Helicopter Express, which conducts aerial firefighting and heavy lifting.

“With the aircraft already fully developed and certified, the non-recurring costs to restart production are expected to be minimal. Based on an initial multi-year production run of 10 aircraft, we expect revenues between US$75-85 million,” says Kaman CFO Robert Starr.

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