Award Expands Longstanding Boeing Relationship
SANTA ANA, Calif., Aug. 07, 2017 (GLOBE NEWSWIRE) -- Ducommun Incorporated (NYSE:DCO) ("Ducommun" or the "Company") has begun work to manufacture aluminum aircraft structures for the Next-Generation 737-800 Boeing Converted Freighter (BCF) program. Ducommun is manufacturing fuselage skins that frame the cargo door of the converted aircraft at the Company's operations in Gardena and Orange, Calif., through 2021.
"Ducommun has the people, expertise and longstanding commitment required to produce reliable aluminum structures for Boeing's Next-Generation 737 converted freighters," said Stephen G. Oswald, president and chief executive officer, Ducommun. "We're here to support the Boeing team as they meet the growing demand for freighters worldwide, particularly in the Chinese market. This is an outstanding opportunity for our company, and we anticipate additional orders on this program in the years to come."
According to Boeing, the first 737-800BCF is expected to be delivered in the fourth quarter of 2017. Ideal for shipping express cargo on domestic routes, the 737-800BCF offers operators increased payload, higher reliability and superior efficiency over previous-generation standard-body freighters.
About Ducommun Incorporated
Ducommun Incorporated delivers value-added innovative manufacturing solutions to customers in the aerospace, defense and industrial markets. Founded in 1849, the company specializes in two core areas – Electronic Systems and Structural Systems – to produce complex products and components for commercial aircraft platforms, mission-critical military and space programs, and sophisticated industrial applications. For more information, visit www.ducommun.com.
This press release includes "forward looking statements" relating to the program discussed above. These statements are based on assumptions currently believed to be valid, but they involve risks and uncertainties that could cause our actual results to differ materially from those expressed in the forward looking statements. Important uncertainties that could cause our actual results to differ from those expressed in the forward looking statements are identified in our reports filed with the SEC, including our Quarterly Reports on Form 10-Q, our Annual Reports on Form 10-K, and our Current Reports on Form 8-K. The forward looking statements included in this press release are made only as of the date of this press release, and Ducommun does not undertake any obligation to (and expressly disclaims any such obligation to) update the forward looking statements to reflect subsequent events or circumstances.
CONTACTS: Douglas L. Groves, Vice President, Chief Financial Officer and Treasurer, 310.513.7224 Chris Witty, Investor Relations, 646.438.9385, email@example.com