Kaman Corp. engages in the design, manufacture and distribution of aircrafts, aircraft parts and components. It operates through the following segments: Distribution and Aerospace. The Distribution segment offers power transmission, automation, assembly, fabrication, and repair services. The Aerospace segment produces and sells aircraft bearings, composite aero structures, and arming solutions for missile and bomb systems. The company was founded by Charles H. Kaman in 1945 and is headquartered in Bloomfield, CT.
During the third quarter of 2019, the Company completed the sale of its Distribution segment to affiliates of Littlejohn & Co., LLC for total cash consideration of $700.0 million, excluding certain working capital adjustments. As a result of the sale, the Distribution segment results met the criteria for the presentation of discontinued operations. The results presented below represent the results of continuing operations, which include the Aerospace segment and our Corporate office. See Note 4, Discontinued Operations, to the Condensed Consolidated Financial Statements for further information on the Company's sale of the Distribution segment.
Net sales increased for the three-month fiscal period ended September 27, 2019, as compared to the corresponding period in 2018, primarily due to increases of $17.2 million and $9.0 million in our safe and arm devices and commercial product programs, respectively. Foreign currency exchange rates relative to the U.S. dollar had an unfavorable impact of $1.4 million on net sales for the three-month fiscal period ended September 27, 2019.
The increase in sales under our safe and arm devices product programs was primarily attributable to higher direct commercial sales of our JPF to foreign militaries, partially offset by lower sales under our JPF program with the USG and the FMU-139 program.