LOS ANGELES--(BUSINESS WIRE)--Jun. 18, 2013--
Ducommun
Incorporated (NYSE: DCO) (“Ducommun” or the “Company”) today
announced that it has received a multi-year contract from Sikorsky
Aircraft Corp., a unit of United Technologies Corp. (NYSE:UTX), to
continue to produce electromechanical assemblies for various models of
the UH-60
BLACK HAWK helicopter. Ducommun LaBarge Technologies will produce
the electromechanical assemblies at its Huntsville, Ark., facility
through 2017.
"We’re very pleased to support Sikorsky in meeting its ongoing commitments
to the U.S. Army and Navy and, in so doing, extend our role as a leading
provider of the helicopter’s electronics,” said Anthony J. Reardon,
chairman, president and chief executive officer. “The BLACK HAWK is an
enduring, battle-proven workhorse which must perform flawlessly in the
field, utilizing our sophisticated components and assemblies. The BLACK
HAWK, which we’ve supported for over two decades, remains our single
biggest defense platform in terms of annual revenue, and we look forward
to supporting it for many more years to come.”
Ducommun LaBarge Technologies has manufactured electronic assemblies and
wiring harnesses for the BLACK HAWK program since 2005, and Ducommun
AeroStructures has supported the aircraft since its inception. The BLACK
HAWK is the U.S. Army’s primary utility tactical transport helicopter,
valued for its ability to be quickly deployed and reconfigured for
various missions to carry troops, weapons systems and supplies.
About Ducommun Incorporated
Founded in 1849, Ducommun Incorporated provides engineering and
manufacturing services to the aerospace, defense, and other industries
through a wide spectrum of electronic and structural applications. The
company is an established supplier of critical components and assemblies
for commercial aircraft and military and space vehicles as well as for
the energy market, medical field, and industrial automation. It operates
through two primary business units – Ducommun AeroStructures (DAS) and
Ducommun LaBarge Technologies (DLT). Additional information can be found
at 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
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, any difficulties,
delays or failure in, or unanticipated costs of, realizing the expected
synergies of the LaBarge acquisition, 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.
Source: Ducommun Incorporated
Ducommun Incorporated
Joseph P. Bellino
Vice President and
Chief Financial Officer
310-513-7211
or
Chris Witty
Investor
Relations
646-438-9385
cwitty@darrowir.com
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