Kaman Corp. (NYSE: KAMN), Bloomfield, CT, reported third-quarter sales of $453.5 million, up 4.5 percent over the same period a year ago. Profit increased 1.3 percent to $17.5 million.
Distribution sales fell 7.4 percent for the third quarter to $274.4 million. Aerospace sales increased 30.3 percent to $179.1 million for the quarter.
For the first nine months, Kaman Corp. sales were $1.4 billion, up 4 percent year-over-year. Profit decreased 15.4 percent to $43.7 million.
Year to date, distribution segment sales decreased 6.9 percent to $849.1 million; aerospace segment sales increased 28 percent to $526.2 million.