Kaman Corp. (NYSE: KAMN), Bloomfield, CT, reported sales for 2015 of $1.8 billion, down 1.1 percent from the prior year. Profit grew 4.4 percent to $60.4 million.
Distribution sales grew 1.3 percent for the year to $1.2 billion, while aerospace sales fell 5.6 percent to $598 million.
For the fourth quarter, Kaman Corp. sales were $452.3 million, down 5.4 percent year-over-year. Profit decreased 41.8 percent to $8.8 million.
Distribution sales fell 12.2 percent in the fourth quarter to $265.7 million, compared to the same period a year ago. Aerospace segment sales grew 6.5 percent to $186.6 million.
