LOS ANGELES--(BUSINESS WIRE)--Mar. 29, 2016--
Ducommun Incorporated (NYSE: DCO) (“Ducommun” or the “Company”) today
reported that it has received a contract from Airbus to produce titanium
structures for engine support on the
A320neo aircraft (new engine option). Ducommun will manufacture
these titanium engine support structures using its proprietary hot
forming and super-plastic forming processes at its operation centers in
Coxsackie, N.Y., and Parsons, Kan.
In addition, Airbus has awarded Ducommun its first work on the A330neo
platform. This is an engineering design support contract in which
Ducommun will work with Airbus to improve the manufacturability, cost,
and function of certain metal structure applications.
“These awards from Airbus expand Ducommun’s support of this key OEM
across the A320 and A330 jet families,” said Anthony J. Reardon,
chairman and chief executive officer. “Along with this additional
content on the A320neo, the A330neo contract will allow us to
demonstrate our manufacturing and design expertise which, over time, may
open up opportunities for new production wins on these and other
aircraft. One of Ducommun’s primary goals is to continue to strengthen
our relationship with Airbus, and we are dedicated to seeing them
succeed on these exciting new platforms.”
About Ducommun Incorporated
Ducommun Incorporated delivers 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.
Statements contained in this press release regarding other than
recitation of historical facts are forward-looking statements. These
statements are identified by words such as “may,” “will,” “ begin,” “
look forward,” “expect,” “believe,” “intend,” “anticipate,” “should”,
“potential,” “estimate,” “continue,” “momentum” and other words
referring to events to occur in the future. These statements reflect the
Company’s current view of future events and are based on its assessment
of, and are subject to, a variety of risks and uncertainties beyond its
control, including, but not limited to, the state of the world
financial, credit, commodities and stock markets, and uncertainties
regarding the Company, its businesses and the industries in which it
operates, which are described in the Company’s filings with the
Securities and Exchange Commission. The Company is under no obligation
to (and expressly disclaims any such obligation to) update or alter its
forward-looking statements whether as a result of new information,
future events or otherwise.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160329005099/en/
Source: Ducommun Incorporated
Ducommun Incorporated
Douglas L. Groves, Vice President, Chief
Financial Officer and Treasurer
310-513-7200
or
Chris
Witty, Investor Relations
646-438-9385
cwitty@darrowir.com