Kaman Corp. is spending upwards of $45 million over the next several years to replace its aging sales-order and procurement-tracking and customer-support system with a more robust, state-of-the-art software setup for the Bloomfield aero- and industrial-parts maker and distributor.
Kaman Industrial Technologies will invest between $40 million to $45 million to implement its Infor10 Distribution Business (SX.enterprise) system, officials said. About 75 percent of the costs will be capitalized.
KIT President Steve Smidler said the new setup will consolidate seven existing enterprise-resource planning systems, several of which are losing vendor support in coming years.
Parts of the system rely on software Kaman installed 25 years ago and no longer warrant the cost to keep them running, Smidler said.
Meantime, the expenses and capital investments required this year for the new system are reflected Kaman’s full-year outlook for segment operating profit and consolidated cash flow, Kaman finance chief William Denninger said.
