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PRESS RELEASE :
MAY 30, 2007
DUCOMMUN INCORPORATED ANNOUNCES $17.5 MILLION CONTRACT FOR CHINOOK CH-47 HELICOPTER MAIN ROTOR BLADE ABRASION STRIPS
The main rotor blade abrasion strip contracts are additive to current production and extend deliveries into 2009. Boeing produces the Chinook
CH-47 helicopter in Philadelphia, PA for the U.S. Army. The manufacture of the hot formed abrasion strips will be at DAS’s Gardena, California
facility.
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 Boeing on the Chinook program, and highlight our leadership position in the production of
stainless steel, aluminum and titanium erosion shields for a wide array of rotary wing applications, including the Chinook main rotor blade
abrasion strips. Our demonstrated capabilities in hot form and SPF abrasion strip production has enabled us to win additional helicopter programs
from other customers, broadening our presence in this important market segment. Finally, we are proud to be a part of the Boeing Team supporting
the Chinook 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 Fom 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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