Kaman Acquires Weapons Fuse Manufacturer

By John Liang / May 20, 2002 at 5:00 AM
Kaman Corp. announced today it has signed an agreement to acquire a division of DSE, Inc. that makes bomb fuses for a variety of munitions programs. The division, named Dayron, has a contract to develop a fuse for the Air Force's Joint Programmable Fuse program, according to a Kaman statement. While terms of the agreement were not disclosed, Kaman said Dayron's revenues for 2002 are projected to be $16 million. Kaman said it expects to complete the transaction in the...

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