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In The News:

Kaman Distribution Sales Fall 0.9% in 3Q

Kaman Corp. (NYSE: KAMN), Bloomfield, CT, reported sales for the third quarter sales of $443.1 million, down 0.9 percent year-over-year. Profit decreased from $16.3 million to $1.4 million.

Distribution sales for the third quarter grew 6.7 percent to $285.9 million. Aerospace sales fell 12.3 percent to $157.1 million.

For the first nine months, sales were $1.4 billion, up 3.2 percent year-over-year. Profit decreased 15.3 percent to $30.6 million.

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