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.
“We’re very proud to begin a long-term relationship with Rolls-Royce on
the powerful and proven Trent 1000 engine platform for large commercial,
fixed-wing aircraft,” said Anthony J. Reardon, chairman and chief
executive officer. “This agreement increases Ducommun’s content on the
787 Dreamliner as well as expands our customer base with a leading jet
engine OEM – a core piece of our long-term growth strategy. We look
forward to working with Rolls-Royce as they play a significant part in
the Dreamliner production ramp over the coming years.”
The Trent 1000-TEN engine, scheduled to be certified by the European
Aviation Safety Agency (EASA) before the end of 2015, incorporates
proven, next-generation technology from the latest member of the Trent
engine family, the Trent XWB, to produce a superior engine for the
Boeing 787 Dreamliner. It will have more thrust and efficiency, offering
up to a three percent reduction in fuel consumption compared with the
current Trent 1000 standard.
About Ducommun Incorporated
Founded in 1849, Ducommun Incorporated provides engineering and
manufacturing services to the aerospace, defense, and other industries
through a wide spectrum of electronic and structural applications. The
company is an established supplier of critical components and assemblies
for commercial aircraft and military and space vehicles as well as for
the energy market, medical field, and industrial automation. It operates
through two primary business units – Ducommun AeroStructures (DAS) and
Ducommun LaBarge Technologies (DLT). Additional information can be found
at 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.
Source: Ducommun Incorporated
Ducommun Incorporated
Joseph P. Bellino, 310-513-7211
Vice
President and Chief Financial Officer
or
Chris Witty,
646-438-9385
Investor Relations
cwitty@darrowir.com
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