Precision bearings and components maker RBC Bearings reported a 5.4 percent increase in its fiscal third-quarter profits, buoyed by its aerospace and defense segment as well as two 2013 acquisitions.
The Oxford manufacturer said profits for the quarter ended Dec. 28 were $12.8 million, or 55 cents per diluted share, up from $12.1 million or 53 cents a year ago.
Net sales were $100.5 million, up 4.4 percent from $96.3 million.
RBC completed a $3.9 million acquisition of Turbine Components in October and a $2.6 million acquisition of Western Precision Aero in March. Both are based in California.
