Ducommun Incorporated announces $75 million contract for fuselage panel assemblies for Ruag Aerospace Ltd

Ducommun Incorporated (NYSE: DCO) today announced that its Ducommun AeroStructures, Inc. (DAS) subsidiary has been awarded a long-term contract by RUAG Aerospace Ltd. of Switzerland to furnish Aft Fuselage Panel Assemblies for the Bombardier CRJ700/900/1000 NextGen regional jets. The initial contract will run through 2012 and is valued at approximately $75 million at anticipated build rates. The first set of panel assemblies is to be delivered in the third quarter of 2009 with ramp-up to production starting by first quarter of 2010. All work will be performed at DAS's Gardena, California and Orange, California facilities.

Joseph C. Berenato, chairman, and chief executive officer of Ducommun, stated, "We are pleased to have been awarded this contract as it adds Ruag to our expanding list of key customers, the Bombardier CRJ700/900/1000 NextGen regional jets to our list of key programs, and major panel assembly to our list of key competencies. These panel assemblies move Ducommun to a higher level of value-add in our aerostructures business. We believe that this contract reaffirms a growing awareness in the aerospace marketplace of Ducommun's ability to provide increasingly complex solutions for our key customers making us more important to them."