Ducommun Incorporated (NYSE: DCO) today announced that it has received a contract from The Boeing Company (NYSE: BA) to produce titanium detail components and subassemblies for the Boeing 787 Dreamliner. Under the terms of the contract, production on the titanium assemblies will continue at the Ducommun AeroStructures facility in Coxsackie, N.Y.
"We are pleased to expand our support of Boeing on this magnificent airliner," said Anthony J. Reardon, chairman, president and chief executive officer. "We have enhanced our manufacturing processes for these assemblies and are prepared to maximize our output to support the higher volumes that come with full production. We look forward to working on the Dreamliner for many years to come."
The 787 Dreamliner is a mid-size, twin-engine jet airliner with various configurations that can carry up to 290 passengers on routes of 8,000 to 8,500 nautical miles, all while using 20 percent less fuel than today's similarly sized airplanes.
Source: Ducommun Inc.
Date: Dec 11, 2012