LOS ANGELES, Jan 12, 2011 (BUSINESS WIRE) -- Ducommun Incorporated (NYSE: DCO) today announced that its Miltec Corporation (Miltec) subsidiary achieved a Maturity Level 2 rating during its recent Capability Maturity Model Integration (CMMI(R)) appraisal. CMMI is recognized as the standard for independent benchmarking within the industry for maturity in critical technical and managerial processes.
The Company demonstrated Maturity Level 2 compliance with the CMMI for Development Version 1.2 (Systems, Software and Hardware) and Capability Level 2 compliance with the Requirements Development process area. The appraisal encompassed business and functional support areas, including program management, engineering development, and supplier management, spanning multiple geographic locations for both internal and external customer product development programs.
"This rating affirms our commitment to process improvement at Ducommun," said Anthony J. Reardon, president and chief executive officer. "Our business processes are the essential tools we use to efficiently develop products for our customers. Using the CMMI model as a benchmark has enabled us to enhance and standardize processes resulting in business systems that tightly integrate quality and productivity into our daily operating activities."
The independent firm Engineering and Services Performance Improvement LLC led the appraisal using the Standard CMMI Appraisal Method for Process Improvement (SCAMPISM) V1.2. The CMMI product suite was developed by government, industry and the Carnegie Mellon Software Engineering Institute, a federally funded research and development center, to integrate multiple capability maturity models into a single improvement framework for use by organizations pursuing all-encompassing process improvement.
Miltec Corporation, a wholly owned subsidiary of Ducommun Inc., provides system solutions and engineering support to missile and space customers.
About Ducommun Incorporated
Founded in 1849, Ducommun Incorporated provides engineering and manufacturing services to the aerospace and defense industry. The company is a supplier of critical components and assemblies for commercial aircraft, military aircraft, and missile and space programs through its three business units: Ducommun AeroStructures (DAS), Ducommun Technologies (DTI), and Miltec. Additional information can be found at www.ducommun.com.
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, and other factors beyond the Company's control.See the Company's Form 10-K for the year ended December 31, 2009 for a more detailed discussion of these and other risk factors and contingencies.
SOURCE: Ducommun Incorporated
Joseph P. Bellino
Vice President and Chief Financial Officer