2015 News Releases

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12/10/15Ducommun Secures Contract from Airbus for A320 and A330 Families
LOS ANGELES--(BUSINESS WIRE)--Dec. 10, 2015-- Ducommun Incorporated (NYSE: DCO) (“Ducommun” or the “Company”) today reported that it has received a contract from Airbus to produce titanium formed parts for the windshield assembly for both the A320 family and A330 family. The parts will be manufactured at Ducommun’s facility in Parsons, Kan., which specializes in titanium thermal forming technology. “With this key win we have expanded our support ... 
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11/04/15Ducommun Reports Results for the Third Quarter Ended October 3, 2015
Backlog Rebounds; Right-Sizing Initiatives Accelerate LOS ANGELES--(BUSINESS WIRE)--Nov. 4, 2015-- Ducommun Incorporated (NYSE:DCO) (“Ducommun” or the “Company”) today reported results for its third quarter ended October 3, 2015. Third Quarter 2015 Recap Third quarter revenue was $161.7 million Net loss was $9.5 million, or $0.86 per share EBITDA for the quarter was $5.5 million ... 
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11/02/15Ducommun Signs Agreement with Pasternack to Supply Private-Label RF Components
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10/22/15Ducommun to Record Third Quarter 2015 Charges
LOS ANGELES--(BUSINESS WIRE)--Oct. 22, 2015-- Ducommun Incorporated (NYSE: DCO) (“Ducommun” or the “Company”) today announced that it expects to recognize $22.7 million in one-time pretax charges during the third quarter of 2015, comprising the following: a $10.0 million charge for a regional jet program in the Ducommun AeroStructures segment, reflecting estimated cost overruns for the remaining contractual period; a previously disclosed $11.9 million lo... 
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10/19/15Ducommun Expands FAA Part 145 Repair Station Capabilities
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10/19/15Ducommun Earns ATEX and IECEx Certifications for Oil-and-Gas Products in the European Markets
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10/14/15Ducommun Announces Third Quarter Conference Call
LOS ANGELES--(BUSINESS WIRE)--Oct. 14, 2015-- Ducommun Incorporated (NYSE: DCO) (“Ducommun” or the “Company”) today announced that it plans to release the Company's 2015 third quarter financial results after the market closes on Wednesday, November 4, 2015. Anthony J. Reardon, the Company's chairman and chief executive officer, and Joseph P. Bellino, the Company's vice president, treasurer, and chief financial officer, will host a call that day, November... 
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10/13/15Ducommun Wins Contract from Boeing for Trident Missile Navigation System
LOS ANGELES--(BUSINESS WIRE)--Oct. 13, 2015-- Ducommun Incorporated (NYSE: DCO) (Ducommun or the “Company”) today announced it has received a multi-year award from the Boeing Company (NYSE: BA) to produce position sensors, also known as resolvers, for the U.S. Navy’s and U.K. Navy's Trident Navigation System (Electrostatically Supported Gyro Navigator) used on U.S. Ohio-class and U.K. Vanguard-class submarines. Ducommun will manufacture the resolvers at ... 
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10/05/15Ducommun Announces Chief Financial Officer Succession
LOS ANGELES--(BUSINESS WIRE)--Oct. 5, 2015-- Ducommun Incorporated (NYSE: DCO) (“Ducommun” or the “Company”) today announced a planned succession of the Company’s financial leadership. Joseph P. Bellino, 65, vice president, chief financial officer and treasurer, has decided to retire effective December 31, 2015. As part of its long-range succession plan, the Company announced that Douglas L. Groves, 53, currently vice president, controller and chief acco... 
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08/06/15Ducommun Announces Upcoming Investor Events
LOS ANGELES--(BUSINESS WIRE)--Aug. 6, 2015-- Ducommun Incorporated (NYSE:DCO) (“Ducommun” or the “Company”) today announced that management will participate in the following events for institutional investors in August and September, 2015: August 12: Canaccord Genuity, Inc. Growth Conference in Boston August 13: Jefferies Industrials Conference in New York September 9: RBC Industrial Conference in Las... 
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08/05/15Ducommun Reports Results for the Second Quarter Ended July 4, 2015
Completes New Credit Facility, Strengthens Balance Sheet, and Continues to Streamline Operations LOS ANGELES--(BUSINESS WIRE)--Aug. 5, 2015-- Ducommun Incorporated (NYSE:DCO) (“Ducommun” or the “Company”) today reported results for its second quarter ended July 4, 2015. Second Quarter 2015 Recap Second quarter revenue was $174.8 million Net income was $1.8 million, or $0.16 per diluted share ... 
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07/28/15Ducommun Announces Completion of Redemption of All Outstanding 9.75% Senior Notes Due 2018
LOS ANGELES--(BUSINESS WIRE)--Jul. 28, 2015-- Ducommun Incorporated (NYSE: DCO) (“Ducommun” or the “Company”) today announced that it has completed the previously announced redemption of all amounts outstanding under its $200 million aggregate principal amount of 9.75% senior unsecured notes due 2018 (the “Notes”). The Notes were redeemed at a price equal to 104.875% of each $1,000 principal amount of the Notes, together with any accrued and unpai... 
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07/15/15Ducommun Announces Second Quarter Conference Call
LOS ANGELES--(BUSINESS WIRE)--Jul. 15, 2015-- Ducommun Incorporated (NYSE: DCO) (“Ducommun” or the “Company”) today announced that it plans to release the Company's 2015 second quarter financial results after the market closes on Wednesday, August 5, 2015. Anthony J. Reardon, the Company's chairman and chief executive officer, and Joseph P. Bellino, the Company's vice president, treasurer, and chief financial officer, will host a call that day, August 5,... 
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07/14/15Ducommun Wins Additional Work on Boeing 737 MAX
LOS ANGELES--(BUSINESS WIRE)--Jul. 14, 2015-- Ducommun Incorporated (NYSE:DCO) (“Ducommun” or the “Company”) today reported it has been awarded a contract from Spirit AeroSystems, Inc. (NYSE:SPR) to produce titanium APU (auxiliary power unit) exhaust fairing assemblies, housed in the tail cone, for the Boeing 737 MAX commercial jetliner. The award runs through 2018, with production taking place at the Company’s Parsons, Kansas, facility. Ducommun previou... 
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06/29/15Ducommun Calls All Outstanding 9.75% Senior Notes Due 2018
LOS ANGELES--(BUSINESS WIRE)--Jun. 29, 2015-- Ducommun Incorporated (NYSE: DCO) (“Ducommun” or the “Company”) today announced that it has called for redemption all of its outstanding $200 million aggregate principal amount of 9.75% senior unsecured notes due 2018 (the “Notes”). The Notes will be redeemed at a redemption price equal to $104.875% of each $1,000 principal amount of the Notes, together with any accrued and unpaid interest up to, but e... 
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06/29/15Ducommun Completes New Credit Agreement
Provides Enhanced Flexibility and Significantly Reduces Interest Expense Going Forward LOS ANGELES--(BUSINESS WIRE)--Jun. 29, 2015-- Ducommun Incorporated (NYSE: DCO) (“Ducommun” or the “Company”) today announced that, effective June 26, 2015, it has entered into a new $475 million credit agreement (the “New Credit Agreement”) – consisting of a $200 million revolving credit facility and a $275 million term loan facility – to replace its... 
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06/17/15Ducommun Announces Cooperative Research Agreement with Airbus
Companies to Explore Applications for Innovative Composite Technology LOS ANGELES--(BUSINESS WIRE)--Jun. 17, 2015-- Ducommun Incorporated (NYSE: DCO) (“Ducommun” or the “Company”) today announced that it has finalized a cooperative research agreement with Airbus under which the companies will jointly develop commercial aerospace applications using Ducommun’s FoamMatrix™ technology, an advanced resin-transfer molding process. The two entities w... 
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06/04/15Ducommun Earns Recognition as a John Deere Partner-level Supplier
LOS ANGELES--(BUSINESS WIRE)--Jun. 4, 2015-- Ducommun Incorporated (NYSE: DCO) today reported it has been named a Partner-level supplier for 2014 in the John Deere Achieving Excellence Program. This is the third consecutive year Ducommun has earned this recognition. The Partner-level status is Deere & Company’s highest supplier rating. Ducommun provides John Deere Electronic Solutions with complex, high-reliability printed circuit boar... 
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05/19/15Ducommun Receives Multiyear Contracts from Gulfstream for New G500 and G600 Business Jets
LOS ANGELES--(BUSINESS WIRE)--May 19, 2015-- Ducommun Incorporated (NYSE:DCO) (“Ducommun” or the “Company”) today reported it has received multimillion dollar contracts from Gulfstream Aerospace Corp., a wholly owned subsidiary of General Dynamics (NYSE: GD), to support the G500 and G600 – a new family of large-cabin, long-range business jets. Ducommun will be the sole source supplier of the titanium auxiliary power unit inlet duct and the ... 
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05/12/15Ducommun Reports Results for the First Quarter Ended April 4, 2015
LOS ANGELES--(BUSINESS WIRE)--May 12, 2015-- Ducommun Incorporated (NYSE:DCO) (“Ducommun” or the “Company”) today reported results for its first quarter ended April 4, 2015. First Quarter 2015 Recap First quarter revenue was $172.9 million Net loss was $2.0 million, or $0.18 per share EBITDA for the quarter was $10.5 million Made voluntary principal prepayment of $10.0... 
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05/05/15Ducommun to Present at the B. Riley Investor Conference on May 13, 2015
LOS ANGELES--(BUSINESS WIRE)--May 5, 2015-- Ducommun Incorporated (NYSE:DCO) (“Ducommun” or the “Company”) today announced that it will participate in the 16th Annual B. Riley & Co. Investor Conference on May 13, 2015 at the Loews Hotel in Hollywood, California. Management will present an overview of Ducommun’s operations and outlook at 10:00 a.m. Pacific Time that day. A live audio webcast of the presentation will be accessible via the ... 
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04/28/15Ducommun Announces Long-Term Supply Agreement with United Technologies, Expands Aerospace Opportunities
LOS ANGELES--(BUSINESS WIRE)--Apr. 28, 2015-- Ducommun Incorporated (NYSE: DCO) (“Ducommun” or the “Company”) today announced that it has finalized a long-term supply agreement with United Technologies Corp. (UTC) (NYSE: UTX), expanding the Company’s current involvement on several key programs and opening new opportunities to provide complex electronic and structural assemblies and systems across UTC’s aerospace business units. “Thi... 
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04/22/15Ducommun Wins Multiyear Contract from Rolls-Royce for Trent 1000-TEN Aircraft Engine
LOS ANGELES--(BUSINESS WIRE)--Apr. 22, 2015-- Ducommun Incorporated (NYSE: DCO) (“Ducommun” or the “Company”) today announced that it has been selected by Rolls-Royce Holdings plc (LSE: RR.L) to produce complex interconnect systems for the Trent 1000-Ten engine – which will power all variants of the Boeing 787 Dreamliner. Ducommun will manufacture these products through 2022 at its operation centers in Joplin, Mo. and Guaymas, Mexico. ... 
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04/21/15Ducommun Announces First Quarter Conference Call
LOS ANGELES--(BUSINESS WIRE)--Apr. 21, 2015-- Ducommun Incorporated (NYSE: DCO) (“Ducommun” or the “Company”) today announced that it plans to release the Company's 2015 first quarter financial results after the market closes on Tuesday, May 12, 2015. Anthony J. Reardon, the Company's chairman and chief executive officer, and Joseph P. Bellino, the Company's vice president, treasurer, and chief financial officer, will host a call that day, May 12, at 2:0... 
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04/09/15Ducommun Reports Results for the Fourth Quarter Ended December 31, 2014
Record Commercial Aerospace Revenue and Strong Cash Flow in 2014 LOS ANGELES--(BUSINESS WIRE)--Apr. 9, 2015-- Ducommun Incorporated (NYSE:DCO) (“Ducommun” or the “Company”) today reported results for its fourth quarter and year ended December 31, 2014. Fourth Quarter 2014 Highlights Fourth quarter revenue was $187.6 million Net income was $5.2 million, or $0.46 per diluted share EBI... 
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04/08/15Ducommun Announces Updated 2014 Fourth Quarter and Year End Conference Call
LOS ANGELES--(BUSINESS WIRE)--Apr. 8, 2015-- Ducommun Incorporated (NYSE: DCO) (“Ducommun” or the “Company”) today announced that it plans to release the Company's 2014 fourth quarter and full year financial results before the market opens on Friday, April 10, 2015. Anthony J. Reardon, the Company's chairman and chief executive officer, and Joseph P. Bellino, the Company's vice president, treasurer, and chief financial officer, will host a call that day,... 
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03/31/15Ducommun to Further Delay Release of Earnings
LOS ANGELES--(BUSINESS WIRE)--Mar. 31, 2015-- Ducommun Incorporated (NYSE: DCO) (“Ducommun” or the “Company”) today announced that it needs to further postpone its 2014 fourth quarter and year-end earnings announcement and conference call, currently scheduled for today, Tuesday March 31, 2015. On March 16, 2015, the Company filed a Form 12b-25 with the Securities and Exchange Commission to explain that Ducommun would be unable to file its ... 
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03/27/15Ducommun Announces Updated 2014 Fourth Quarter and Year End Conference Call
LOS ANGELES--(BUSINESS WIRE)--Mar. 27, 2015-- Ducommun Incorporated (NYSE: DCO) (“Ducommun” or the “Company”) today announced that it plans to release the Company's 2014 fourth quarter and full year financial results after the market closes on Tuesday, March 31, 2015. Anthony J. Reardon, the Company's chairman and chief executive officer, and Joseph P. Bellino, the Company's vice president, treasurer, and chief financial officer, will host a call that da... 
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03/16/15Ducommun to Delay Release of Earnings
LOS ANGELES--(BUSINESS WIRE)--Mar. 16, 2015-- Ducommun Incorporated (NYSE: DCO) (“Ducommun” or the “Company”) today announced that it will postpone its 2014 fourth quarter and year-end earnings announcement and conference call currently scheduled for Monday, March 16, 2015. The Company needs additional time to complete its 2014 financial statements and will file an extension notice on Form 12b-25 with the Securities and Exchange Commission to report the ... 
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02/23/15Ducommun Featured on Manufacturing Marvels® Series on the Fox Business Network®
LOS ANGELES--(BUSINESS WIRE)--Feb. 23, 2015-- Ducommun Incorporated (NYSE: DCO), a global provider of innovative electronic, engineered and structural solutions, will appear on the Fox Business Network® series Manufacturing Marvels®. The segment will air on Feb. 23 and 24 between 8:30 p.m. and 8:44 p.m. CST. The two-minute spot highlights Ducommun’s expansive interconnect solutions capabilities. The Ducommun team produces custom cable asse... 
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02/20/15Ducommun Announces Fourth Quarter and Year End Conference Call
LOS ANGELES--(BUSINESS WIRE)--Feb. 20, 2015-- Ducommun Incorporated (NYSE: DCO) (“Ducommun” or the “Company”) today announced that it plans to release the Company's 2014 fourth quarter and full year financial results after the market closes on Monday, March 16, 2015. Anthony J. Reardon, the Company's chairman and chief executive officer, and Joseph P. Bellino, the Company's vice president, treasurer, and chief financial officer, will host a call that day... 
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02/19/15Ducommun Awarded $7.3 Million in Contracts from Raytheon for Tomahawk Cruise Missile
LOS ANGELES--(BUSINESS WIRE)--Feb. 19, 2015-- Ducommun Incorporated (NYSE: DCO) (“Ducommun” or the “Company”) has received contracts valued, in aggregate, at approximately $7.3 million from Raytheon (NYSE: RTN) to continue producing a variety of interconnect and electronic assemblies for the U.S. Navy's Tomahawk cruise missile through 2016. The Company manufactures the assemblies at its Joplin, Mo., and Berryville and Huntsville, Ark., facilities. ... 
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02/17/15Ducommun Awarded First Direct Contract on Airbus A350 XWB
LOS ANGELES--(BUSINESS WIRE)--Feb. 17, 2015-- Ducommun Incorporated (NYSE:DCO) (“Ducommun” or the “Company”) today reported that it has been awarded its first direct contract from Airbus for the A350 XWB wide-body aircraft. Ducommun will provide titanium components for titanium assemblies that will be installed on the aft fuselage section of the jet. The components are already in production at Ducommun’s Coxsackie, N.Y. operations center, which specializ... 
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02/13/15Ducommun Named Star Supplier by NATEL
LOS ANGELES, Feb. 12, 2015—Ducommun Incorporated (NYSE: DCO) today reported it has been named a Star Supplier for 2014 by NATEL EMS, an engineering solutions provider in the electronics manufacturing services industry. Ducommun received the Star Supplier award for its outstanding quality and on-time delivery performance. The Company currently provides NATEL with electronic assemblies used in the power systems on the International Space Station. “This award is an outstanding beginning to ... 
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