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Ducommun Incorporated Announces $17.5 M Contract for Chinook CH-47 Helicopter Main Rotor Blade Abrasion Strips
(Los Angeles, May 30, 2007) -- Ducommun Incorporated (NYSE:DCO) today announced that its Ducommun AeroStructures, Inc. (DAS) subsidiary has been awarded follow-on contracts from The Boeing Company valued at $17.5 million for Chinook CH-47 helicopter main rotor blade abrasion strips for use as both original equipment and replacement blades.
The main rotor blade abrasion strip contracts are additive to current production and extend deliveries into 2009. Boeing produces the Chinook CH-47 helicopter in Philadelphia, PA for the U.S. Army. The manufacture of the hot formed abrasion strips will be at DAS's Gardena, California facility.
Joseph C. Berenato, chairman, president and chief executive officer of Ducommun, stated, "We are pleased by the award of these follow-on contracts which affirm our long-term commitment to Boeing on the Chinook program, and highlight our leadership position in the production of stainless steel, aluminum and titanium erosion shields for a wide array of rotary wing applications, including the Chinook main rotor blade abrasion strips. Our demonstrated capabilities in hot form and SPF abrasion strip production has enabled us to win additional helicopter programs from other customers, broadening our presence in this important market segment. Finally, we are proud to be a part of the Boeing Team supporting the Chinook helicopter program at this time in our nation's history."
Source : Ducommun Inc.
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