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Kaman Corp., Bloomfield, CT, reported sales for the first quarter 2007 were up 7% to $317.3 million. Profit was $10.1 million, up 70% from the same period a year ago.
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Kaman attributed the sales gain to improved performance in its Aerospace Segment. Aerospace Segment sales were $93.1 million, up 26.5% from last year.
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Industrial Distribution Segment sales for the first quarter of 2007 were $173.4 million, up 1.7% from the first quarter of 2006.
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Kaman reported the segment experienced a modest sales increase in a less certain economic environment compared to the prior year quarter. Despite the increase in sales, the segment experienced a decrease in operating income because the sales increase was not sufficient to cover increases in normal …

Kaman Corp.,
Bloomfield, CT, reported sales of $1.2 billion, up 9.5% from $1.1 billion in
2005. The Industrial Distribution segment recorded sales of $665.4 million, a 7%
increase.

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Kaman’s Aerospace
division saw a 13% increase in sales for the year to $326 million, and its Music
division saw a sales increase of 12% to $214.8 million.

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Profit for the year
was $31.8 million, up from $13 million in 2005.

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For the fourth
quarter 2006, sales were $308.9 million, up 7% from the same period last year.
Industrial Distribution saw a 3.6% sales increase in the fourth quarter to
$157.6 million.

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The increase in
sales (in Industrial Distribution) was driven by strong …