Ducommun Receives Contract from Airbus for Satellite Communications Components
November 15 2016 - 7:00AM
Ducommun Incorporated (NYSE:DCO) (“Ducommun” or the “Company”)
today announced that it has received a contract from Airbus Defence
and Space to design and manufacture high reliability (Hi-Rel)
switch matrices used in space. Ducommun will produce the switch
matrices at its Carson, Calif., operations center through July
2018. A switch matrix is a system of electronic components that
route RF signals between multiple inputs and outputs. Airbus will
use the Hi-Rel switch matrices on satellites that provide mobile
communications for both military and commercial customers in remote
areas.
“This is a great win for Ducommun as we expand
our market base with applications supporting Airbus’ space
programs,” said Anthony J. Reardon, chairman, president and chief
executive officer. “We are proud of our relationship with Airbus
and the ability to demonstrate our expertise in RF engineering
design capabilities for extreme environments.”
Ducommun has designed and manufactured a variety
of RF (radio frequency) components and subsystems such as Hi-Rel
switch matrices for military, space and industrial programs for
nearly three decades.
About Ducommun Incorporated
Ducommun Incorporated delivers innovative manufacturing solutions
to customers in the aerospace, defense and industrial markets.
Founded in 1849, the company specializes in two core areas –
Electronic Systems and Structural Systems – to produce complex
products and components for commercial aircraft platforms,
mission-critical military and space programs, and sophisticated
industrial applications. For more information, visit
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.
CONTACTS:
Douglas L. Groves, Vice President, Chief Financial Officer and Treasurer, 310.513.7200
Chris Witty, Investor Relations, 646.438.9385, cwitty@darrowir.com
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