LOS ANGELES, Jan. 25, 2017 (GLOBE NEWSWIRE) -- Ducommun Incorporated (NYSE:DCO) ("Ducommun" or the "Company") today announced it has received a multiyear, multimillion dollar contract from Airbus to produce additional titanium structures for engine support and engine frames on the A320neo (new engine option) aircraft. The award increases Ducommun's content on the single-aisle jetliner. Ducommun will manufacture these titanium engine support structures using its proprietary hot forming and super-plastic forming processes at its operations center in Parsons, Kan.
"This award further demonstrates our support of Airbus with innovative, value-added structural solutions, and we are certainly pleased to see their continued confidence in our capabilities," said Stephen G. Oswald, president and chief executive officer. "We believe our expertise in a wide array of titanium forming technologies presents numerous opportunities for accelerated growth across the aerospace industry. This is a key area of strategic focus for Ducommun, and we are investing in technologies that will support our customers' changing requirements for their next generation aircraft."
For more information about the Airbus A320neo, visit http://www.airbus.com/aircraftfamilies/passengeraircraft/a320family/spotlight-on-a320neo/.
About Ducommun Incorporated Ducommun Incorporated delivers innovative, value-added 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.
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