Kaman Corporation, a manufacturer of components and materials for aerospace markets, has bought the aircraft wheel and brake division of Parker Hannifin Corporation, a provider of motion and control technologies.

Parker’s Aircraft Wheel and Brake Division manufactures aircraft wheel and brake systems.

“We are pleased to have finalized an agreement with Kaman who is a strategic buyer for the Aircraft Wheel & Brake Division,” said Roger Sherrard, president of Parker’s Aerospace Group. “This is a great business with strong foundations for growth, an outstanding team and a clear strategy for future success.”