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PRESS RELEASE :
MAY 9, 2007
DUCOMMUN INCORPORATED ANNOUNCES $9.9 MILLION CONTRACT FOR APACHE HELICOPTER TAIL ROTOR BLADES
The tail rotor blade contracts are additive to current production and extend deliveries into 2008. Boeing produces the next-generation AH-64D
Apache Longbow helicopter in Mesa, Arizona for the U.S. Army and a growing number of international defense forces. The manufacture of the blades
will be at DAS’s Monrovia, California facility which has built every Apache rotor blade since the inception of the program.
Joseph C. Berenato, chairman, president and chief executive officer of Ducommun, stated, “We are pleased by the award of these follow-on contracts
which affirm our long-term commitment to the Apache program and highlight our growing capability to produce complex assemblies, including the
Apache main rotor blade. Our demonstrated capabilities in rotor blade production has enabled us to win additional commercial helicopter blade
work in both composites and metal bonding from other customers, broadening our presence in this important market. Finally, we are proud to be
a part of the Boeing Team supporting the Apache helicopter program at this time in our nation’s history.”
Ducommun AeroStructures manufactures large, complex structural components and assemblies in aluminum, specialty alloys such as titanium, metal
bond and composites for a wide variety of military and commercial aerospace applications.
Founded in 1849, Ducommun Incorporated provides engineering and manufacturing services to the aerospace and defense industry.
The statements made in this press release include forward-looking statements that involve risks and uncertainties. The Company’s future financial
results could differ materially from those anticipated due to the Company’s dependence on conditions in the airline industry, the level of new
commercial aircraft orders, production rates for Boeing commercial aircraft, the C-17 and Apache helicopter rotor blade programs, the level of
defense spending, competitive pricing pressures, manufacturing inefficiencies, start-up costs and possible overruns on new contracts, technology
and product development risks and uncertainties, product performance, risks associated with acquisitions and dispositions of businesses by the
Company, increasing consolidation of customers and suppliers in the aerospace industry, possible goodwill impairment, availability of raw
materials and components from suppliers, and other factors beyond the Company’s control. See the Company’s Form 10-K for the year ended
December 31, 2006 and Form 10-Q for the quarter ended March 31, 2007 for a more detailed discussion of these and other risk factors and
contingencies.
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