LOS ANGELES--(BUSINESS WIRE)--Jul. 31, 2012--
Ducommun Incorporated (NYSE: DCO) has received a contract from Bell
Helicopter, a unit of Textron Inc. (NYSE: TXT), to produce titanium
firewall and baffle assemblies for the AH-1Z Cobra – the U.S. Marine
Corps' newest attack helicopter. Ducommun AeroStructures will produce
the assemblies at its Coxsackie, N.Y. facility through 2013.
"We're very pleased to expand our relationship with Bell Helicopter to
support the AH-1Z program," said Anthony J. Reardon, chairman, president
and chief executive officer of Ducommun. "Our expertise in forming
complex titanium structures ensures these assemblies will retain their
strength in extreme high-temperature operating environments. We are
proud to support a key customer, Textron, in this important application."
The U.S. Marine Corps is replacing the two-blade AH-1W with the AH-1Z,
which features a new four-blade composite rotor system, upgraded landing
gear, and a fully integrated glass cockpit. The AH-1Z will serve a
primary role in assault support along with air reconnaissance. The
attack helicopter will also play a supporting role in anti-air warfare,
electronic warfare, and control of aircraft and missiles.
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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