Ducommun Announces Contract for Boeing 777 Tail Assemblies(Los Angeles, May 25, 2010) -- Ducommun Incorporated (NYSE:DCO) today announced that its Ducommun AeroStructures (DAS) subsidiary has been awarded a long-term contract by Boeing (NYSE:BA) to furnish empennage vertical and horizontal fin tip assemblies for the Boeing 777, with the first set of tip assemblies to be delivered during the first quarter of 2011. Work will be performed at the DAS Monrovia, Gardena, and Orange, California facilities, along with the Company's Guaymas, Mexico operations.
Anthony J. Reardon, president and chief executive officer of Ducommun, stated, "We are very pleased by the award of this latest 777 contract, as it truly represents our 'One Ducommun' philosophy - incorporating four of our facilities across North America. These tail assemblies will leverage our core competencies in composites, metal-bond, and metallic forming, as well as take advantage of our efficient assembly operations in Guaymas, Mexico. This award reaffirms Boeing's confidence in Ducommun as a growth partner, and such higher level assemblies once again illustrate Ducommun's success in providing complex, value-added solutions to our key customers worldwide."
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Source : Ducommun Inc.