Ducommun Awarded Contracts from Bell Helicopter for V-22 Osprey

  Ducommun Awarded Contracts from Bell Helicopter for V-22 Osprey

Business Wire

LOS ANGELES -- March 25, 2014

Ducommun Incorporated (NYSE: DCO) (“Ducommun” or the “Company”) today reported
that it has received contracts valued at $5.6 million from Bell Helicopter, a
subsidiary of Textron, Inc. (NYSE: TXT), to provide electronic assemblies and
wiring harnesses for the V-22 Osprey tiltrotor military aircraft through
January 2015. The Company will manufacture the electronic subassemblies at its
Huntsville, Ark., plant and the wiring harnesses at its Joplin, Mo., facility.
Ducommun has supported the V-22 program since 2005.

“We are certainly pleased to see our relationship with Bell continue to
strengthen and grow through the V-22 program,” said Anthony J. Reardon,
chairman and chief executive officer. “This latest award expands our support
of the program with a new electronic subassembly — which we will manufacture
with the same commitment to product integrity for our customer and, most
importantly, for the V-22 fighter pilots and combat troops.”

The Bell Boeing V-22 is produced under a strategic alliance between Bell
Helicopter and the Boeing Company (NYSE: BA). The V-22 Osprey is a joint
service, multirole combat aircraft that uses tiltrotor technology to combine
the speed and range of a fixed-wing airplane with the vertical performance of
a helicopter. With its nacelles and rotors in vertical position, it can take
off, land, and hover like a helicopter. Once airborne, its nacelles can be
rotated to transform the aircraft into a turboprop airplane capable of
high-speed, high-altitude flight.

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.

Contact:

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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