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Aerospace drives Kaman to Q2 revenue record

Kaman Corp. booked record net sales of $431.7 million in the second quarter, the Bloomfield manufacturer reported.

The company’s aerospace division sales were up nearly 10 percent to $161.5 million, mainly due to higher military program sales.

Its distribution segment sales were up 7 percent to $270.2 million. Acquisitions contributed $25.2 million in sales in the quarter.

Kaman also raised its sales outlook for the year. It now expects distribution sales to be between $1.10 billion and $1.11 billion and aerospace sales to be between $620 million and $635 million.

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