Kaman Corp., Bloomfield, CT, reported sales for the first quarter of $388.1 million, a 1.1 percent increase compared to the same period a year earlier. Profit fell 23.9 percent to $7.2 million.
Kaman Industrial Technologies – Kaman's industrial distribution segment – reported sales of $257.2 million, an increase of 1.8 percent. Operating profit fell 62.4 percent to $4.6 million.
Aerospace sales were 130.9 million, down slightly (0.1 percent) from the same period a year earlier. Operating profit increased 31.5 percent to $20.9 million.