Kaman operates in two diverse businesses serving aerospace and industrial distribution. During 2008 Aerospace achieved strong sales growth both organically and through acquisition. Industrial Distribution achieved record sales of $777 million as a result of organic growth and the segment's first acquisitions since 2003. Strategically, each business moved forward in its markets, securing new business relationships with top-level customers. Financially the company received re-affirmation of its BBB-Stable investment grade rating from Standard & Poor's, and has good access to growth capital.
The company's Aerospace business produces and/or markets widely used proprietary aircraft bearings and components used in almost all U.S., European, Canadian and South American military and commercial aircraft; complex metallic and composite aerostructures for commercial, military and general aviation fixed and rotary wing aircraft including Sikorsky BLACK HAWK cockpits, Airbus A330 components, and Boeing 777, 787 and C-17 structures; safing and arming solutions for missile and bomb systems for the U.S. and allied militaries; subcontract helicopter work; and support for the company’s SH-2G Super Seasprite maritime helicopters and K-MAX medium-to-heavy lift helicopters.
Kaman Industrial Technologies, a leading distributor of industrial parts, operates nearly 200 customer service centers and six distribution centers across North America. Kaman offers more than two million items including bearings, power transmission, electrical, material handling, motion control, fluid power and accessory products to customers in a variety of industries.
Additionally, Kaman provides value-added services such as engineering and design support for electrical, linear, hydraulic and pneumatic systems, as well as belt and rubber fabrication, reducer build, hose assemblies, custom modifications, repair services, fluid analysis and motor management.
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