Mar 25, 2014 ASDNews Source : Ducommun Incorporated
Ducommun Incorporated (NYSE: DCO) (“Ducommun” or the “Company”) today reported that it has received contracts valued at $5.6 million from Bell Helicopter, a subsidiary of Textron, Inc. (NYSE: TXT), to provide electronic assemblies and wiring harnesses for the V-22 Osprey tiltrotor military aircraft through January 2015. The Company will manufacture the electronic subassemblies at its Huntsville, Ark., plant and the wiring harnesses at its Joplin, Mo., facility. Ducommun has supported the V-22 program since 2005.
“We are certainly pleased to see our relationship with Bell continue to strengthen and grow through the V-22 program,” said Anthony J. Reardon, chairman and chief executive officer. “This latest award expands our support of the program with a new electronic subassembly — which we will manufacture with the same commitment to product integrity for our customer and, most importantly, for the V-22 fighter pilots and combat troops.”