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 its Carson,
Calif., operation center through 2017.
“We designed and manufactured the original sensors in the early years of
Polaris and Poseidon submarines, so we’re particularly pleased to
continue to provide these motion control devices for the Navy’s Trident
nuclear submarine fleet,” said Anthony J. Reardon, chairman and chief
executive officer. “This work builds upon our relationship with both
Boeing and the U.S. Navy, reflecting the reliability of our technology
in position sensing and Ducommun’s efforts to continue to grow our
military market presence.”
The Navy's Ohio-class ballistic missile submarines, often
referred to as "boomers," are designed specifically for stealth and the
precise delivery of warheads. There are currently 18 of these vessels
being used by the U.S. and U.K. today.
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.
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Source: Ducommun Incorporated
Ducommun Incorporated
Joseph P. Bellino, Vice President and Chief
Financial Officer
310-513-7211
or
Chris Witty, Investor
Relations
646-438-9385
cwitty@darrowir.com
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