Kadant (KAI) news

Sacks: Need AI-powered cyber defense to respond to AI attacks

The increasing use of artificial intelligence in cyberattacks is prompting a shift toward AI-powered defense systems, according to recent industry reports and expert analysis. Cybersecurity firm Kai’s 2026 State of Autonomous Defense Report highlights that 63% of CISOs believe attackers currently…

Hanwha investment to raise 500B won in share sale

Hanwha Aerospace has announced plans to invest an additional 500 billion won by the end of 2026 to increase its stake in Korea Aerospace Industries (KAI). The company has already raised its ownership to 5.09% through recent share purchases and has shifted its stated purpose from a "simple…

Kadant - Jeffrey L. Powell to become executive chairman effective January 2, 2027

Kadant - Jonathan W. Painter to step down as chairman and director on January 2, 2027

Kadant Inc. (NYSE: KAI) announced that Jonathan W. Painter will step down as chairman and director of the company on January 2, 2027[1]. Painter has served in these roles for over a decade and has played a significant role in shaping the company’s strategic direction. The board will initiate a…

Kadant - Appoints Michael C. Colwell as president, CEO, and director effective January 2, 2027

Kadant Inc. has announced the appointment of Michael C. Colwell as president, chief executive officer, and director, effective January 2, 2027. Colwell will assume these roles following the company’s annual shareholder meeting and will be responsible for leading strategic and operational…