News and Information
Ducommun Incorporated

PRESS RELEASE: 10/05/2016

Ducommun Lands Multimillion-Dollar Contract from United Technologies for Braking System Upgrade

LOS ANGELES--(BUSINESS WIRE)--Oct. 5, 2016-- Ducommun Incorporated (NYSE: DCO) today reported it has received a multimillion-dollar contract from UTC Aerospace Systems, a unit of United Technologies Corp. (NYSE: UTX), to manufacture complex electronic assemblies for an upgrade to the braking system of a major commercial aircraft program. Production is taking place at Ducommun’s operations centers in Appleton, Wis., Huntsville, Ark., and Joplin, Mo. Ducommun signed a long-term supply agreement with United Technologies in 2015 which has paved the way for new opportunities to provide complex electronic and structural assemblies and systems across UTC’s aerospace business units.

“This new contract for the upgrade is a great example of how Ducommun is providing United Technologies with a broad range of capabilities in electronics manufacturing services and solutions. We have worked very closely with UTC to develop a very sophisticated electronics assembly that must work perfectly under all circumstances—including extreme operating environments,” said Anthony J. Reardon, chairman, president and chief executive officer. “With this and all future programs, our job remains to earn the confidence placed in us when UTC selected Ducommun as a long-term strategic supplier.”

UTC Aerospace Systems has more than 65 years’ experience in aircraft wheel and braking systems, and more than 22,000 aircraft are equipped with the company’s wheels and brakes.

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.

Source: Ducommun Incorporated

Ducommun Incorporated
Douglas L. Groves, Vice President, Chief Financial Officer and Treasurer
310.513.7200
or
Chris Witty, Investor Relations
646.438.9385
cwitty@darrowir.com