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LOS ANGELES, Nov. 15, 2016 -- Ducommun Incorporated (NYSE:DCO) (“Ducommun” or the “Company”) today announced that it has received a contract from Airbus Defence and Space to design and manufacture high reliability (Hi-Rel) switch matrices used in space. Ducommun will produce the switch matrices at its Carson, Calif., operations center through July 2018. A switch matrix is a system of electronic components that route RF signals between multiple inputs and outputs. Airbus will use the Hi-Rel switch matrices on satellites that provide mobile communications for both military and commercial customers in remote areas.
“This is a great win for Ducommun as we expand our market base with applications supporting Airbus’ space programs,” said Anthony J. Reardon, chairman, president and chief executive officer. “We are proud of our relationship with Airbus and the ability to demonstrate our expertise in RF engineering design capabilities for extreme environments.”
Ducommun has designed and manufactured a variety of RF (radio frequency) components and subsystems such as Hi-Rel switch matrices for military, space and industrial programs for nearly three decades.
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.
CONTACTS: Douglas L. Groves, Vice President, Chief Financial Officer and Treasurer, 310.513.7200 Chris Witty, Investor Relations, 646.438.9385, [email protected]
