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Ducommun Announces Contract for Bombardier CSeries Aircraft Fuselage Skins

Dépèche transmise le 18 juillet 2011 par Business Wire

Ducommun Announces Contract for Bombardier CSeries Aircraft Fuselage Skins

LOS ANGELES--(BUSINESS WIRE)--Ducommun Incorporated (NYSE: DCO) today announced that its Ducommun AeroStructures (DAS) unit has been awarded a contract to manufacture fuselage skins for the Bombardier* CSeries* aircraft. Ducommun will deliver the fuselage skins, composed of advanced aluminum alloys, to Bombardier’s China-based supplier and partner Shenyang Aircraft Corporation (SAC), a unit of Aviation Industries of China (AVIC). The initial contract will cover a period of performance through 2015. All work will be performed at the DAS Gardena and Orange, California, facilities.

“Ducommun is pleased to expand its current relationship with SAC and participate on the Bombardier CSeries aircraft program. Bombardier, SAC and the CSeries aircraft program will benefit from Ducommun’s depth of capability and experience in forming and fabricating advanced aluminum alloy structures.”

Anthony J. Reardon, president and chief executive officer of Ducommun, stated, “Ducommun is pleased to expand its current relationship with SAC and participate on the Bombardier CSeries aircraft program. Bombardier, SAC and the CSeries aircraft program will benefit from Ducommun’s depth of capability and experience in forming and fabricating advanced aluminum alloy structures.”

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.

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 three primary business units: Ducommun AeroStructures (DAS), Ducommun LaBarge Technologies (DLT), and Miltec. Additional information can be found at www.ducommun.com.

* Bombardier and CSeries are trademarks of Bombardier Inc. or its subsidiaries.

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, 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.