Ducommun Wins Contract from Boeing for Trident Missile Navigation System
October 13 2015 - 7:00AM
Business Wire
Ducommun Incorporated (NYSE: DCO) (Ducommun or the “Company”)
today announced it has received a multi-year award from the Boeing
Company (NYSE: BA) to produce position sensors, also known as
resolvers, for the U.S. Navy’s and U.K. Navy's Trident Navigation
System (Electrostatically Supported Gyro Navigator) used on U.S.
Ohio-class and U.K. Vanguard-class submarines. Ducommun will
manufacture the resolvers at its Carson, Calif., operation center
through 2017.
“We designed and manufactured the original sensors in the early
years of Polaris and Poseidon submarines, so we’re particularly
pleased to continue to provide these motion control devices for the
Navy’s Trident nuclear submarine fleet,” said Anthony J. Reardon,
chairman and chief executive officer. “This work builds upon our
relationship with both Boeing and the U.S. Navy, reflecting the
reliability of our technology in position sensing and Ducommun’s
efforts to continue to grow our military market presence.”
The Navy's Ohio-class ballistic missile submarines, often
referred to as "boomers," are designed specifically for stealth and
the precise delivery of warheads. There are currently 18 of these
vessels being used by the U.S. and U.K. today.
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.
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Ducommun IncorporatedJoseph P. Bellino, Vice President and Chief
Financial Officer310-513-7211orChris Witty, Investor
Relations646-438-9385cwitty@darrowir.com
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