Ducommun Wins Additional Work on Boeing 737 MAX

Ducommun Incorporated (NYSE:DCO) (“Ducommun” or the “Company”) today reported it has been awarded a contract from Spirit AeroSystems, Inc. (NYSE:SPR) to produce titanium APU (auxiliary power unit) exhaust fairing assemblies, housed in the tail cone, for the Boeing 737 MAX commercial jetliner. The award runs through 2018, with production taking place at the Company’s Parsons, Kansas, facility. Ducommun previously announced it will produce ground and flight spoilers for the 737 MAX as well as other structural titanium assemblies.

“Our relationship with Spirit continues to strengthen as we work together to support an outstanding aircraft,” said Anthony J. Reardon, chairman and chief executive officer. “This is another example of our long-term customer relationships as well as the expanding breadth of our structural capabilities. We are primed for further growth in content on the 737 MAX and look forward to proving ourselves as a partner of choice for both Spirit and Boeing.”

Ducommun has provided structural solutions to the 737 platform since its inception. The Boeing 737 MAX will build on the platform’s reliability while delivering improved fuel efficiency to the single-aisle market. First flight is scheduled for 2016, with deliveries anticipated to begin in 2017. The 737 MAX has accumulated over 2,000 orders and is expected to have eight percent lower per-seat operating costs than its competition.