Ducommun Incorporated announces long term agreement for titanium exhaust ducts for the V-22 Osprey

Ducommun Incorporated (NYSE: DCO) today announced that its Ducommun AeroStructures, Inc. (DAS) subsidiary has been awarded a V-22 Multi-Year Procurement Program (MYP) contract through 2012 for the V-22 Osprey titanium EAPS exhaust ducts. The V-22 Osprey is a multi-mission, military tiltrotor aircraft with both a vertical takeoff and landing (VTOL) and short takeoff and landing (STOL) capability. It is designed to perform missions like a conventional helicopter but with the long-range, high-speed cruise performance of a turboprop aircraft. The V-22 was developed by Bell Helicopter, which manufactures it in partnership with Boeing Rotorcraft Systems. All work will be performed at DAS's Coxsackie, NY (DAS – NY) facility.

Joseph C. Berenato, chairman, and chief executive officer of Ducommun, stated, "This contract is indicative of the scope of work we expect to win with the addition of DAS-NY to the Ducommun family. Further, we expect to exploit the synergies in customer base, programs, products and processes in the expanded DAS family to take on higher value added statements of work for our key customers. Finally, we believe this award is an indication of the confidence both The Boeing Company and Bell Helicopter have in Ducommun and our ability to support the V-22 Osprey program."

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.