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Stock impact report

Ducommun Awarded 10 Year, $200 Million Contract for Engine Nacelle Components

Ducommun Incorporated (DCO) 
Last ducommun incorporated earnings: 4/30 04:15 pm Check Earnings Report
Company Research Source: GlobeNewswire
SANTA ANA, Calif., Aug. 15, 2018 (GLOBE NEWSWIRE) -- Ducommun Incorporated (NYSE: DCO) today announced the award of a long term contract to produce nacelle components using its proprietary VersaCore Composite™ technology for a leading engine OEM to support a high rate single aisle commercial aircraft. The contract is valued at greater than $200 million and runs through 2029. Ducommun will complete the composite product design and process development in 2018-19 and expects to begin full production in 2020. “Ducommun’s VersaCore Composite™ process is a game-changing technology that enables the manufacture of lightweight aircraft structures at a lower cost without compromising strength for our Aerospace and Defense customers,” said Stephen G. Oswald, Ducommun’s chairman, president and chief executive officer. “VersaCore Composite™ is an important part of Ducommun’s portfolio of proprietary solutions that provide innovative manufacturing expertise. The Nacelle components will also be m Show less Read more
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