Welcome to our dedicated page for Ducommun Del news (Ticker: DCO), a resource for investors and traders seeking the latest updates and insights on Ducommun Del stock.
Ducommun Inc (NYSE: DCO) delivers mission-critical engineering solutions for aerospace and defense markets through its Electronic Systems and Structural Systems segments. This news hub provides investors and industry professionals with comprehensive updates on the company's operational developments, strategic initiatives, and market positioning.
Access real-time press releases covering DCO's contract awards, technology innovations, and manufacturing advancements. Our curated collection includes earnings disclosures, leadership updates, and partnership announcements that impact the company's role in complex aerospace platforms and defense programs.
Key news categories feature product certifications, facility expansions, and R&D breakthroughs in high-reliability systems. Stay informed about DCO's contributions to next-generation aircraft technologies and military applications through verified updates from primary sources.
Bookmark this page for streamlined access to Ducommun's latest developments in advanced circuit board assemblies, composite aerostructures, and program management achievements. Check regularly for updates that demonstrate the company's ongoing commitment to engineering excellence in high-performance markets.
Ducommun Incorporated (NYSE: DCO) has announced its plans to release the 2024 second quarter financial results on August 8, 2024, before the stock market opens. The company will host a conference call at 10:00 a.m. PT (1:00 p.m. ET) on the same day to review these results.
Key points:
- Chairman, President, and CEO Stephen G. Oswald and CFO Suman Mookerji will lead the call
- The meeting and Q&A session are expected to last about 45 minutes
- Interested parties can pre-register for the call using a provided link
- A live webcast of the event will be available, with a replay accessible on the company's website
Ducommun, founded in 1849, specializes in Electronic Systems and Structural Systems, providing innovative products and manufacturing solutions to aerospace, defense, and industrial markets.
Ducommun Incorporated (NYSE: DCO), a global supplier for the aerospace and defense industry, has received an unsolicited revised non-binding indication of interest from Albion River The proposal aims to acquire all outstanding Ducommun shares for $65.00 per share in cash. Ducommun's Board of Directors will review this offer to determine if it's in the best interest of the company and its shareholders. No immediate action is required from shareholders.
Ducommun, California's oldest continuously operating company, saw its market capitalization increase from $605M in 2022 to $760M in 2023. The company also achieved a new all-time revenue record of $757M in 2023, highlighting its strong performance and growth trajectory.
Ducommun announced a major $12M award from Raytheon Missiles and Defense for the production of the TOW missile system at its Guaymas, Mexico facility. This represents the first order for this legacy program at the new location, moving from Monrovia, California. CEO Stephen G. Oswald highlighted the continuation of the TOW program after a pause due to order timing and emphasized this as a milestone in their Vision 2027 strategy to shift operations to low-cost, high-productivity locations. Ducommun will continue supplying Raytheon with various electronic and structural components for both legacy and emerging programs.
Ducommun Incorporated (NYSE: DCO), a global supplier of electronic and structural solutions for the aerospace & defense industry, has earned the Northrop Grumman Mission Systems Platinum Supplier Designation for providing high-quality micro power supplies for ground-based radar systems. The designation highlights Ducommun's excellence in quality and on-time delivery, further solidifying its relationship with Northrop Grumman and positioning the company for continued success in the defense industry.
Ducommun Incorporated reported record Q1 revenue of $190.8 million, a 5.3% increase from Q1 2023. The net income was $6.8 million, up 70 bps year-over-year. Gross margin grew to 24.6%, a 430 bps increase, and adjusted EBITDA reached $27.4 million, up 170 bps. The Company highlighted strong performance in Commercial Aerospace and progress in their Vision 2027 Plan. Ducommun remains optimistic about achieving its long-term goals.
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