Ducommun Awarded Potential $20M Contract from Parker Aerospace for Electronics on Airbus A350

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Ducommun Incorporated
DCO
has received a multiyear contract from Parker Aerospace, a unit of Parker Hannifin Corporation
PH
, to produce complex printed circuit board assemblies for use in the fuel management system of the Airbus A350 family of commercial aircraft. The award has a potential value in excess of $20 million over the contract period, and is expected to begin production in mid-2014. “This represents our first major Airbus contract with Parker Aerospace and, we believe, reflects their confidence in Ducommun as a trusted and capable manufacturing supplier,” said Anthony J. Reardon, chairman, president and chief executive officer. “We look forward to continuing and growing a mutually beneficial relationship
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