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Ducommun Incorporated (NYSE: DCO) today announced that its
Ducommun AeroStructures, Inc. (DAS) subsidiary has been awarded two
new contracts with Fuji Heavy Industries of Japan for more than $2.5
million. All work will be performed at DAS's Gardena, California, and
Parsons, Kansas, facilities.
Joseph C. Berenato, chairman, president and chief executive
officer of Ducommun, stated, "We are pleased to have been selected by
Fuji Heavy Industries for this statement of work and to welcome Fuji
as a new customer to DAS. As we continue to drive Lean Six Sigma
throughout Ducommun and focus on the Voice of the Customer, we are
becoming the supplier of choice for both new customers and new
programs."
Ducommun AeroStructures manufactures large, complex structural
components and assemblies in aluminum, specialty alloys such as
titanium, metal bond and composites for a wide variety of military and
commercial aerospace applications.
Founded in 1849, Ducommun Incorporated provides engineering and
manufacturing services to the aerospace and defense industry.
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, availability of raw materials and
components from suppliers, and other factors beyond the Company's
control. See the Company's Form 10-K for the year ended December 31,
2006 and Form 10-Q for the quarter ended September 30, 2006 for a more
detailed discussion of these and other risk factors and contingencies.
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