LOS ANGELES--(BUSINESS WIRE)--Ducommun Incorporated (NYSE: DCO) announced today that its Miltec Corporation (Miltec) subsidiary was issued U.S. Patent No. 7,587,277 “Inertial/Magnetic Measurement Device” by the U.S. Patent and Trademark Office on September 8, 2009. Miltec’s Inertial/Magnetic Measurement Device (IMU) is a navigation system that utilizes magnetometers to very accurately determine pitch, roll and heading while using COTS (commercial off the shelf) MEMS gyros.
Mike Stanfield, President of Miltec, stated, “This innovation highlights our commitment to delivering best-in-class technology to our aerospace and defense customers and further strengthens our continuing commitment to research and development and technical innovation.”
The patented Inertial/Magnetic Measurement Device technology is implemented in Miltec’s Mini3x product line. These products deliver high accuracy and performance in a small footprint making them ideal for navigation and control of systems such as small satellites, unmanned ground and air vehicles, and missiles in which cost, weight, and volume are critical. This advancement in technology is also enabling the development of remote target location systems that have accuracies and robustness beyond that of conventional digital compassing systems.
Joseph C. Berenato, chairman and chief executive officer of Ducommun, stated, “The ability to develop specialized design engineered components and subsystems for missile defense was one of the capabilities Ducommun hoped to develop through the Miltec acquisition. This patent for the IMU demonstrates that we are beginning to deliver on that promise. This movement toward design engineered product and services is a strategic goal of Ducommun.”
Miltec Corporation, a wholly owned subsidiary of Ducommun Inc., provides system solutions and engineering support to missile and space customers.
Founded in 1849, Ducommun Incorporated provides engineering and manufacturing services to 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-K for the year ended December 31, 2008 and Form 10-Q for the quarter ended October 3, 2009 for a more detailed discussion of these and other risk factors and contingencies.