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Ducommun Announces $23 M for Titanium Blade Caps for Boeing CH-47
(Los Angeles, California, March 25, 2008) -- Ducommun Incorporated (NYSE: DCO) today announced that its Ducommun AeroStructures, Inc. (DAS), subsidiary has been awarded a long-term agreement to furnish titanium blade erosion caps, which provide leading edge protection for both new and spare blades to support the CH-47 Chinook Helicopter program. The contract, valued at approximately $23 million, will carry on through 2010. The program was awarded to DAS by Boeing Philadelphia, which manufactures new and refurbished CH-47 Chinook Helicopters for all branches of the U.S. Defense Department. All work will be performed at DAS's Gardena, California facility.
Joseph C. Berenato, chairman and chief executive officer of Ducommun, stated, "We are ramping up production to meet increasing demand due to the success of the Boeing CH-47 Chinook program. We have been producing these erosion caps since the inception of the Chinook program, and continue to find new ways to improve processes and quality in coordination with Boeing."
Mr. Berenato continued, "Our long-term collaboration on this program is part of our larger focus on air foil components and assemblies for both fixed and rotary wing aircraft."
Source : Ducommun Inc.
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