Ducommun Announces $102 M Radar System Agreement(Los Angeles, California, December 10, 2008) -- Ducommun Incorporated (NYSE: DCO) today announced that its Ducommun Technologies, Inc. (DTI) subsidiary has been awarded a multi-year agreement from The Raytheon Company with a total potential value exceeding $102 million.
The contract is for the manufacture and sub-system integration of radar racks and electromechanical enclosures for the active electronically scanned array radar system (APG-79) used on the F/A-18 E/F Super Hornet aircraft and the Radar Modernization Program (RMP) for the F- 15E aircraft. This agreement is for the period of performance through 2020. The manufacture and sub-system integration work will be performed at DTI's Phoenix, Arizona Integrated Electrical Sub-Assembly center of excellence.
The Global Military GPS/GNSS Market 2013-2023
Joseph C. Berenato, chairman and chief executive officer of Ducommun, stated, "We are very pleased by the award of this long-term agreement which demonstrates our customer's confidence in DTI's capability to manufacture and integrate this very complex assembly. We are very proud to be a part of the APG-79 program which is central to our strategy of driving internal growth through programs which combine our mechanical assembly, electronic assembly, integration and testing capabilities."
Your company’s press release on ASDNews and to thousands of other journalists and editors? Use our ASDWire press release distribution service.
Source : Ducommun Incorporated
Jun 24 - 25, 2015 - Prague, Czech Republic