Ducommun announces contract for A350 nose fairing assembly panels with the Latecoere Group

Ducommun Incorporated (NYSE: DCO) today announced that its Ducommun AeroStructures (DAS) unit has been awarded a long-term contract by the Latecoere Group to furnish stretch-formed nose fairing assembly panels for the new Airbus A350. The initial contract will run through 2016, with the first set of panels due to be delivered in the third quarter of 2010. All work will be performed at the DAS Gardena, California and Orange, California facilities; the Airbus A350 currently has over 500 firm orders from 33 customers.

Anthony J Reardon, president and chief executive officer of Ducommun, stated, "This contract expands our existing relationship with Latecoere and provides incremental content on the critical Airbus A350. The award also reaffirms Latecoere's confidence in Ducommun as a growth partner on new platforms, as the statement of work offers the potential for higher-level assemblies in the future. Ducommun continues to focus on the fundamentals - providing value to our customers while increasing the breadth and depth of our product portfolio on the most important air transport vehicles of tomorrow. "

Ducommun AeroStructures manufactures large, complex structural components and assemblies in aluminum, specialty alloys such as titanium, metal bond and composites for a wide variety of military and commercial aerospace applications.