BLOOMFIELD, Conn., Jan. 2 /PRNewswire-FirstCall/ -- Kaman Corp.
(Nasdaq: KAMN) today announced that on December 31, 2007, the Fuzing
Segment's Dayron operation completed its previously reported sale of 40
millimeter assets to DSE, Inc., former owner of Dayron. The 40mm assets,
representing a non-core portion of the company's fuzing business, are
comprised principally of equipment and inventory. The sale price was
approximately $4.5 million plus the value of inventory.
Kaman Corp., headquartered in Bloomfield, Conn., conducts business in
the aerospace and industrial distribution markets.
SOURCE Kaman Corp.
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Related links: http://www.kaman.com/
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CONTACT: Russell H. Jones, SVP, Chief Investment Officer & Treasurer of Kaman Corp., +1-860-243-6307, Russell.Jones@kaman.com
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