View printer-friendly versionDucommun Incorporated Receives Boeing C-17 Silver Eagle Award
LOS ANGELES, California (May 18, 2006) -- Ducommun Incorporated (NYSE: DCO) today announced that its Ducommun AeroStructures Inc. (DAS) subsidiary Monrovia, California facility has been awarded the Boeing Silver Eagle Award for Lean Initiatives implementation on the C-17 program.
The C-17 War Fighter aircraft is produced by The Boeing Company in Long Beach, California. The Ducommun AeroStructures Monrovia facility manufactures the eight graphite composite Spoiler Assemblies for the C-17.
Ducommun AeroStructures was recognized by Boeing as a leader in Lean principles implementation, and the first supplier to participate and implement four of the Boeing Supply Chain Value Stream Map initiatives of Pull Signal (JIT delivery driven by Boeing installation date-reduced transactions), Kitting (parts kitted in support of transaction reduction), Electronic Planning (transaction reduction-paperless), and streamline Receiving (paperless shipping, tracking and receiving reduced transactions).
Ducommun AeroStructures was the pilot program for implementation of the Boeing Supply Chain Lean Initiatives. Significant savings resulted from implementing a paperless system reducing transactions by 66%, Boeing work in process (WIP) inventory reduced to two days from 16, and real-time on-line planning.
The Ducommun AeroStructures Lean Initiatives Team was one of only two suppliers to receive the Boeing Silver Eagle Award, which was presented at the awards banquet March 17, 2006.
The Boeing Company’s Long Beach C-17 Program, part of Boeing’s Integrated Defense System Business, has developed its annual Silver Eagle / Gold Eagle awards as a formal internal program to recognize and honor noteworthy accomplishments associated with their Continuous Improvement / Operational Excellence initiatives. Silver Eagle award candidate projects must have achieved significant, tangible, and quantifiable results utilizing Lean Manufacturing principles and Six Sigma methodologies. All Silver Eagle winners qualify to compete for the Gold Eagle Awards. The measurement criteria of achievement for Gold Eagle are based on excelling in the areas of Leadership, Customer Service and Execution.
Joseph C. Berenato, chairman, president and chief executive officer, stated, “We have worked hard over the last two years to drive Lean processes across the Company in both manufacturing and administrative areas. This award is tangible evidence of the effort our Ducommun Team Members are making every day toward continuous improvement.”
Ducommun AeroStructures manufactures large, complex structural components and assemblies in aluminum, specialty alloys such as titanium, metal bond and composites for a wide variety of military and commercial aerospace applications. Ducommun AeroStructures also manufactures C-17 Fuselage and Cargo Door Skins, Troop Door, Leading Edges, SPF Ducts and Exhaust Cones.
Founded in 1849, Ducommun Incorporated provides engineering and manufacturing services for the aerospace and defense industry.
The statements made in this press release include forward-looking statements that involve risks and uncertainties. The Company’s future financial results could differ materially from those anticipated due to the Company’s dependence on conditions in the airline industry, the level of new commercial aircraft orders, production rates for Boeing commercial aircraft, the C-17 and Apache helicopter rotor blade programs, the level of defense spending, competitive pricing pressures, manufacturing inefficiencies, start-up costs and possible overruns on new contracts, technology and product development risks and uncertainties, product performance, risks associated with acquisitions and dispositions of businesses by the Company, increasing consolidation of customers and suppliers in the aerospace industry, possible goodwill impairment, availability of raw materials and components from suppliers, and other factors beyond the Company’s control. See the Company’s Form 10-Q for the quarter ended April 1, 2006 and Form 10-K for the year ended December 31, 2005 for a more detailed discussion of these and other risk factors and contingencies.
The C-17 War Fighter aircraft is produced by The Boeing Company in Long Beach, California. The Ducommun AeroStructures Monrovia facility manufactures the eight graphite composite Spoiler Assemblies for the C-17.
Ducommun AeroStructures was recognized by Boeing as a leader in Lean principles implementation, and the first supplier to participate and implement four of the Boeing Supply Chain Value Stream Map initiatives of Pull Signal (JIT delivery driven by Boeing installation date-reduced transactions), Kitting (parts kitted in support of transaction reduction), Electronic Planning (transaction reduction-paperless), and streamline Receiving (paperless shipping, tracking and receiving reduced transactions).
Ducommun AeroStructures was the pilot program for implementation of the Boeing Supply Chain Lean Initiatives. Significant savings resulted from implementing a paperless system reducing transactions by 66%, Boeing work in process (WIP) inventory reduced to two days from 16, and real-time on-line planning.
The Ducommun AeroStructures Lean Initiatives Team was one of only two suppliers to receive the Boeing Silver Eagle Award, which was presented at the awards banquet March 17, 2006.
The Boeing Company’s Long Beach C-17 Program, part of Boeing’s Integrated Defense System Business, has developed its annual Silver Eagle / Gold Eagle awards as a formal internal program to recognize and honor noteworthy accomplishments associated with their Continuous Improvement / Operational Excellence initiatives. Silver Eagle award candidate projects must have achieved significant, tangible, and quantifiable results utilizing Lean Manufacturing principles and Six Sigma methodologies. All Silver Eagle winners qualify to compete for the Gold Eagle Awards. The measurement criteria of achievement for Gold Eagle are based on excelling in the areas of Leadership, Customer Service and Execution.
Joseph C. Berenato, chairman, president and chief executive officer, stated, “We have worked hard over the last two years to drive Lean processes across the Company in both manufacturing and administrative areas. This award is tangible evidence of the effort our Ducommun Team Members are making every day toward continuous improvement.”
Ducommun AeroStructures manufactures large, complex structural components and assemblies in aluminum, specialty alloys such as titanium, metal bond and composites for a wide variety of military and commercial aerospace applications. Ducommun AeroStructures also manufactures C-17 Fuselage and Cargo Door Skins, Troop Door, Leading Edges, SPF Ducts and Exhaust Cones.
Founded in 1849, Ducommun Incorporated provides engineering and manufacturing services for the aerospace and defense industry.
The statements made in this press release include forward-looking statements that involve risks and uncertainties. The Company’s future financial results could differ materially from those anticipated due to the Company’s dependence on conditions in the airline industry, the level of new commercial aircraft orders, production rates for Boeing commercial aircraft, the C-17 and Apache helicopter rotor blade programs, the level of defense spending, competitive pricing pressures, manufacturing inefficiencies, start-up costs and possible overruns on new contracts, technology and product development risks and uncertainties, product performance, risks associated with acquisitions and dispositions of businesses by the Company, increasing consolidation of customers and suppliers in the aerospace industry, possible goodwill impairment, availability of raw materials and components from suppliers, and other factors beyond the Company’s control. See the Company’s Form 10-Q for the quarter ended April 1, 2006 and Form 10-K for the year ended December 31, 2005 for a more detailed discussion of these and other risk factors and contingencies.