2016 News Releases

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11/15/16Ducommun Receives Contract from Airbus for Satellite Communications Components
LOS ANGELES, Nov. 15, 2016 (GLOBE NEWSWIRE) -- 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 u... 
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11/10/16Ducommun Receives Nadcap Accreditation
LOS ANGELES, Nov. 10, 2016—Ducommun Incorporated (NYSE: DCO) has achieved Nadcap® accreditation at its Appleton, Wis., operations center for manufacturing printed circuit card assemblies for aerospace and defense applications. The Appleton operations center earned the AC7120 accreditation from the Performance Review Institute (PRI). This elite certification is part of Ducommun's ongoing commitment to providing its customers with world-class quality management.“Nadcap accreditation assures... 
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11/03/16Ducommun Reports Results for the Third Quarter Ended October 1, 2016
Backlog at Record High net of Divestitures; Company on Track for Continued Operating Improvement LOS ANGELES, Nov. 03, 2016 (GLOBE NEWSWIRE) -- Ducommun Incorporated (NYSE:DCO) (“Ducommun” or the “Company”) today reported results for its third quarter ended October 1, 2016. Third Quarter 2016 Summary Third quarter revenue was $132.6 million Net income was $5.0 million, or $0.44 per diluted share Adjusted EBITDA for the quarter was $14.9 million Backlog increased to $566... 
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10/17/16Ducommun Announces Third Quarter Conference Call
LOS ANGELES, Oct. 17, 2016 (GLOBE NEWSWIRE) -- Ducommun Incorporated (NYSE:DCO) (“Ducommun” or the “Company”) today announced that it plans to release the Company's 2016 third quarter financial results after the market closes on Thursday, November 3, 2016. Anthony J. Reardon, the Company's chairman, president and chief executive officer, and Douglas L. Groves, the Company's vice president, chief financial officer and treasurer, will host a call that day, November 3, at 2:00 p.m. PT (5:00 p.m. ... 
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10/05/16Ducommun 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. Ducom... 
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08/04/16Ducommun Reports Results for the Second Quarter Ended July 2, 2016
Improved Operating Performance; Gross Margin Percentage Strengthens LOS ANGELES--(BUSINESS WIRE)--Aug. 4, 2016-- Ducommun Incorporated (NYSE:DCO) (“Ducommun” or the “Company”) today reported results for its second quarter ended July 2, 2016. Second Quarter 2016 Highlights Second quarter revenues were $133.4 million Net income was $3.9 million, or $0.34 per diluted share Adjusted EBI... 
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07/28/16Ducommun Announces Upcoming Investor Events
LOS ANGELES--(BUSINESS WIRE)--Jul. 28, 2016-- Ducommun Incorporated (NYSE:DCO) (“Ducommun” or the “Company”) today announced that management will participate in the following events for institutional investors in August, 2016: Aug. 9:   Jefferies 2016 Industrials Conference -- New York ... 
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07/21/16Ducommun Announces Second Quarter Conference Call
LOS ANGELES, July 21, 2016 (GLOBE NEWSWIRE) -- Ducommun Incorporated (NYSE:DCO) (“Ducommun” or the “Company”) today announced that it plans to release the Company's 2016 second quarter financial results after the market closes on Thursday, August 4, 2016. Anthony J. Reardon, the Company's chairman, president and chief executive officer, and Douglas L. Groves, the Company's vice president, chief financial officer and treasurer, will host a call that day, August 4, at 2:00 p.m. PT (5:00 p.m. ET)... 
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07/12/16Ducommun Awards Eight College Scholarships
LOS ANGELES, July 12, 2016—Ducommun Incorporated (NYSE: DCO) has named eight Ducommun Scholars who will each receive a $2,500 scholarship for college expenses in the 2016-2017 academic year. The college students are: Marianna Avgousti (University of Central Oklahoma); Benjamin Brewer (University of Kansas); Rachel Goldin (University of Arkansas); John Llamas (University of Southern California); Olivia Lynch (Lyon College); Trey Morgan (Pittsburg State University); Alicia Moss (Hudson Valle... 
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05/19/16Ducommun Announces Upcoming Investor Events
LOS ANGELES--(BUSINESS WIRE)--May 19, 2016-- Ducommun Incorporated (NYSE:DCO) (“Ducommun” or the “Company”) today announced that management will participate in the following events for institutional investors in May and June 2016: May 26: B. Riley & Company 17th Annual Investor Conference in Los Angeles June 2: KeyBanc Capital Markets Industrial, Automotive & Transportation Conference in Boston ... 
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05/09/16Ducommun Reports Results for the First Quarter Ended April 2, 2016
Gross Margins Rebound; Debt Reduced and Backlog Strong LOS ANGELES--(BUSINESS WIRE)--May 9, 2016-- Ducommun Incorporated (NYSE:DCO) (“Ducommun” or the “Company”) today reported results for its first quarter ended April 2, 2016. First Quarter 2016 Highlights First quarter revenue was $142.1 million Net income was $13.6 million, or $1.21 per diluted share Adjusted EBITDA for the quart... 
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04/25/16Ducommun Announces First Quarter Conference Call
LOS ANGELES--(BUSINESS WIRE)--Apr. 25, 2016-- Ducommun Incorporated (NYSE: DCO) (“Ducommun” or the “Company”) today announced that it plans to release the Company's 2016 first quarter financial results after the market closes on Monday, May 9, 2016. Anthony J. Reardon, the Company's chairman and chief executive officer, and Douglas L. Groves, the Company's vice president, chief financial officer, and treasurer, will host a call that day, May 9, at 2:00 p... 
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03/29/16Ducommun Expands Work on A320neo and Wins A330neo Design Contract from Airbus
LOS ANGELES--(BUSINESS WIRE)--Mar. 29, 2016-- Ducommun Incorporated (NYSE: DCO) (“Ducommun” or the “Company”) today reported that it has received a contract from Airbus to produce titanium structures for engine support on the A320neo aircraft (new engine option). Ducommun will manufacture these titanium engine support structures using its proprietary hot forming and super-plastic forming processes at its operation centers in Coxsackie, N.Y., and P... 
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03/28/16Ducommun Completes Divestiture of Miltec Corporation
LOS ANGELES--(BUSINESS WIRE)--Mar. 28, 2016-- Ducommun Incorporated (NYSE: DCO) (“Ducommun” or the “Company”) today announced the completion of the previously announced sale of its Miltec Corporation subsidiary to General Atomics. Miltec provides engineering, technical and program management services principally to the U.S. Department of Defense and U.S. intelligence agencies for advanced weapons systems and military defense systems. As previously announ... 
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03/14/16Ducommun Reports Results for the Fourth Quarter Ended December 31, 2015
Strategic Actions Set Stage for Stronger Performance LOS ANGELES--(BUSINESS WIRE)--Mar. 14, 2016-- Ducommun Incorporated (NYSE:DCO) (“Ducommun” or the “Company”) today reported results for its fourth quarter and year ended December 31, 2015. Fourth Quarter 2015 Recap Fourth quarter revenue was $156.6 million Net loss was $63.6 million, or $5.74 per share, including $90.2 million, pre-tax, in goodwi... 
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03/07/16Ducommun to Present at the Roth Capital Conference
LOS ANGELES--(BUSINESS WIRE)--Mar. 7, 2016-- Ducommun Incorporated (NYSE:DCO) (“Ducommun” or the “Company”) today announced that it will present at the 28th Annual Roth Capital Conference on Wednesday, March 16, 2016 in Dana Point, California. Management’s presentation is planned for 10:00 a.m. Pacific Time that day; one-on-one meetings with institutional investors will also take place. Additional information will be posted on the Company’... 
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03/01/16President and COO Joel H. Benkie to Retire from Ducommun Incorporated
LOS ANGELES--(BUSINESS WIRE)--Mar. 1, 2016-- Ducommun Incorporated (NYSE: DCO) (“Ducommun” or the “Company”) today announced that Joel H. Benkie has decided to retire from his position as president and chief operating officer effective March 31, 2016. Benkie, 59, joined Ducommun in 2012 as executive vice president and chief operating officer and was named president in 2014. “Joel has played an important leadership role at Ducommun during a ... 
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02/25/16Ducommun to Divest Miltec Corporation
Company Enters Agreement to Sell Non-Core Engineering Services Business LOS ANGELES--(BUSINESS WIRE)--Feb. 25, 2016-- Ducommun Incorporated (NYSE: DCO) (“Ducommun” or the “Company”) today announced that it has entered into a definitive agreement with General Atomics to sell the Company’s Miltec Corporation subsidiary for $14.6 million in cash, subject to post-closing adjustments. Miltec provides engineering, technical and program management se... 
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02/23/16Ducommun Announces Fourth Quarter & Year End Conference Call
LOS ANGELES--(BUSINESS WIRE)--Feb. 23, 2016-- Ducommun Incorporated (NYSE: DCO) (“Ducommun” or the “Company”) today announced that it plans to release the Company's 2015 fourth quarter and full year financial results after the market closes on Monday, March 14, 2016. Anthony J. Reardon, the Company's chairman and chief executive officer, and Douglas L. Groves, the Company's vice president, chief financial officer, and treasurer, will host a call that day... 
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01/25/16Ducommun Announces Sale of Pittsburgh Operation
Strategic Review Monetizes Non-Core Asset LOS ANGELES--(BUSINESS WIRE)--Jan. 25, 2016-- Ducommun Incorporated (NYSE: DCO) (“Ducommun” or the “Company”) today announced the sale of its Pittsburgh, PA. business unit to a private investment group for $38.5 million in cash, subject to customary post-closing adjustments. The Pittsburgh business, acquired in 2011 as part of the Company’s purchase of LaBarge, Inc., supplies printed circuit cards and ... 
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01/20/16Ducommun Names Doug Groves Chief Financial Officer and Kevin Wright Vice President of Strategy and Business Development
LOS ANGELES--(BUSINESS WIRE)--Jan. 20, 2016-- Ducommun Incorporated (NYSE: DCO) (“Ducommun” or the “Company”) today announced that Douglas L. Groves, a member of the Company’s executive leadership team, has been named vice president, chief financial officer, and treasurer effective January 1, 2016 succeeding Joseph P. Bellino, who retired at the end of 2015 as part of a succession plan previously announced. Mr. Groves reports to Anthony J. Reardon, chair... 
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