Ducommun Expands Work on A320neo and Wins A330neo Design Contract from Airbus
March 29 2016 - 7:00AM
Business Wire
Ducommun Incorporated (NYSE: DCO) (“Ducommun” or the “Company”)
today reported that it has received a contract from Airbus to
produce titanium structures for engine support on the A320neo
aircraft (new engine option). Ducommun will manufacture these
titanium engine support structures using its proprietary hot
forming and super-plastic forming processes at its operation
centers in Coxsackie, N.Y., and Parsons, Kan.
In addition, Airbus has awarded Ducommun its first work on the
A330neo platform. This is an engineering design support contract in
which Ducommun will work with Airbus to improve the
manufacturability, cost, and function of certain metal structure
applications.
“These awards from Airbus expand Ducommun’s support of this key
OEM across the A320 and A330 jet families,” said Anthony J.
Reardon, chairman and chief executive officer. “Along with this
additional content on the A320neo, the A330neo contract will allow
us to demonstrate our manufacturing and design expertise which,
over time, may open up opportunities for new production wins on
these and other aircraft. One of Ducommun’s primary goals is to
continue to strengthen our relationship with Airbus, and we are
dedicated to seeing them succeed on these exciting new
platforms.”
About Ducommun Incorporated
Ducommun Incorporated delivers innovative manufacturing
solutions to customers in the aerospace, defense and industrial
markets. Founded in 1849, the company specializes in two core areas
– Electronic Systems and Structural Systems – to produce complex
products and components for commercial aircraft platforms,
mission-critical military and space programs, and sophisticated
industrial applications. For more information, visit
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 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, 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.
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Ducommun IncorporatedDouglas L. Groves, Vice President, Chief
Financial Officer and Treasurer310-513-7200orChris Witty, Investor
Relations646-438-9385cwitty@darrowir.com
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