Kaman Aerospace Group, Inc. selected by Transcend Air to build the Vy 400 High Speed VTOL Aircraft
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Thursday, August 12, 2021
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Kaman Corporation (NYSE: KAMN) announced today that its subsidiary, Kaman Aerospace Group, Inc., has been selected by Transcend Air Corporation to build the Vy 400 High Speed Vertical Takeoff and Landing (HSVTOL) aircraft.
Key Points:
- Kaman Corporation (NYSE: KAMN) announced today that its subsidiary, Kaman Aerospace Group, Inc., has been selected by Transcend Air Corporation to build the Vy 400 High Speed Vertical Takeoff and Landing (HSVTOL) aircraft.
- The vertical takeoff and landing capabilities of the Vy 400 aircraft gives Transcend Air access to demand-rich centers of major cities.
- Gregory Bruell, Co-Founder and CEO of Transcend Air said, Because of the Vys high speed, we can complete many more passenger trips per aircraft.
- Kaman Aerospace Group, Inc, is a subsidiary of Kaman Corporation (NYSE:KAMN) who will employ its Kaman Aerospace Jacksonville facility, a division of Kaman Aerospace Corp. to manufacture the Vy 400.