Ducommun Incorporated announces award of $102 million radar system multi-year agreement

Ducommun Incorporated (NYSE: DCO) today announced that its Ducommun Technologies, Inc. (DTI) subsidiary has been awarded a multi-year agreement from The Raytheon Company with a total potential value exceeding $102 million.

The contract is for the manufacture and sub-system integration of radar racks and electromechanical enclosures for the active electronically scanned array radar system (APG-79) used on the F/A-18 E/F Super Hornet aircraft and the Radar Modernization Program (RMP) for the F- 15E aircraft. This agreement is for the period of performance through 2020. The manufacture and sub-system integration work will be performed at DTI's Phoenix, Arizona Integrated Electrical Sub-Assembly center of excellence.

Joseph C. Berenato, chairman and chief executive officer of Ducommun, stated, "We are very pleased by the award of this long-term agreement which demonstrates our customer's confidence in DTI's capability to manufacture and integrate this very complex assembly. We are very proud to be a part of the APG-79 program which is central to our strategy of driving internal growth through programs which combine our mechanical assembly, electronic assembly, integration and testing capabilities."

Ducommun Technologies designs, engineers, manufactures and integrates complex mechanical and electromechanical subsystems, as well as a variety of components such as illuminated push button switches, high-reliability microwave and RF signal processing components, fractional horsepower motors and resolvers for the defense, electronics and commercial aviation industries.