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Ducommun Incorporated named Gold ‘Partner2Win’ Medallion Winner by BAE Systems at its Sixth Annual ‘Partner2Win’ Supplier Symposium

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Ducommun (NYSE: DCO) has been awarded a Gold 'Partner2Win' medallion at BAE Systems' supplier symposium on November 12, 2024, marking their second consecutive year of recognition. The award acknowledges Ducommun's exceptional performance and commitment to operational excellence in supporting BAE Systems' supply chain with quality and on-time deliveries.

As a global supplier of innovative electronic and structural products for the aerospace and defense industry, Ducommun's contributions have been particularly significant during current global conflicts, helping maintain efficient deliveries to military personnel. The recognition comes through BAE Systems' 'Partner2Win' program, which evaluates suppliers based on operations, quality, and procurement excellence.

Ducommun (NYSE: DCO) ha ricevuto il medaglione d'oro 'Partner2Win' durante il simposio dei fornitori di BAE Systems il 12 novembre 2024, segnando il loro secondo anno consecutivo di riconoscimenti. Questo premio riconosce l'eccezionale performance di Ducommun e il suo impegno verso l'eccellenza operativa nel supportare la catena di approvvigionamento di BAE Systems con consegne di alta qualità e puntuali.

Come fornitore globale di prodotti elettronici e strutturali innovativi per l'industria aerospaziale e della difesa, i contributi di Ducommun sono stati particolarmente significativi durante i conflitti globali attuali, contribuendo a mantenere consegne efficienti ai militari. Il riconoscimento avviene attraverso il programma 'Partner2Win' di BAE Systems, che valuta i fornitori in base a operazioni, qualità e eccellenza negli acquisti.

Ducommun (NYSE: DCO) ha sido galardonado con el medallón de oro 'Partner2Win' en el simposio de proveedores de BAE Systems el 12 de noviembre de 2024, marcando su segundo año consecutivo de reconocimiento. Este premio reconoce el rendimiento excepcional de Ducommun y su compromiso con la excelencia operativa al apoyar la cadena de suministro de BAE Systems con entregas de calidad y puntuales.

Como proveedor global de productos electrónicos y estructurales innovadores para la industria aeroespacial y de defensa, las contribuciones de Ducommun han sido particularmente significativas durante los actuales conflictos globales, ayudando a mantener entregas eficientes para el personal militar. El reconocimiento proviene del programa 'Partner2Win' de BAE Systems, que evalúa a los proveedores en función de operaciones, calidad y excelencia en adquisiciones.

Ducommun (NYSE: DCO)은 2024년 11월 12일 BAE Systems의 공급업체 심포지엄에서 'Partner2Win' 금메달을 수상하며 두 번째 연속 수상을 기록하였습니다. 이 상은 BAE Systems의 공급망을 지원하며 고품질 및 정시 납품으로 운영의 우수성을 인정한 Ducommun의 뛰어난 성과와 헌신을 인정하는 것입니다.

항공우주 및 방산 산업을 위한 혁신적인 전자 및 구조 제품의 글로벌 공급업체로서 Ducommun의 기여는 현재의 글로벌 분쟁 중에 특히 중요해졌으며, 군인들에게 효율적인 납품을 유지하는 데 도움을 주었습니다. 이 인정은 운영, 품질 및 조달 우수성에 따라 공급업체를 평가하는 BAE Systems의 'Partner2Win' 프로그램을 통해 이루어졌습니다.

Ducommun (NYSE: DCO) a été récompensé par la médaille d'or 'Partner2Win' lors du symposium des fournisseurs de BAE Systems le 12 novembre 2024, marquant leur deuxième année consécutive de reconnaissance. Ce prix met en avant la performance exceptionnelle de Ducommun et son engagement envers l'excellence opérationnelle en soutenant la chaîne d'approvisionnement de BAE Systems avec des livraisons de qualité et à temps.

En tant que fournisseur mondial de produits électroniques et structuraux innovants pour l'industrie aérospatiale et de défense, les contributions de Ducommun ont été particulièrement significatives durant les conflits mondiaux actuels, aidant à maintenir des livraisons efficaces pour le personnel militaire. Cette reconnaissance provient du programme 'Partner2Win' de BAE Systems, qui évalue les fournisseurs selon leurs opérations, leur qualité et leur excellence en matière d'achats.

Ducommun (NYSE: DCO) wurde am 12. November 2024 mit der Goldmedaille 'Partner2Win' beim Lieferantensymposium von BAE Systems ausgezeichnet, was das zweite aufeinanderfolgende Jahr der Anerkennung markiert. Die Auszeichnung würdigt die außergewöhnliche Leistung von Ducommun und sein Engagement für betriebliche Exzellenz zur Unterstützung der Lieferkette von BAE Systems mit qualitativ hochwertigen und pünktlichen Lieferungen.

Als globaler Lieferant innovativer elektronischer und struktureller Produkte für die Luft- und Raumfahrt- sowie Verteidigungsindustrie waren die Beiträge von Ducommun während der aktuellen globalen Konflikte von besonderer Bedeutung, indem sie eine effiziente Lieferung an das Militär sicherstellten. Die Anerkennung erfolgt durch das 'Partner2Win'-Programm von BAE Systems, das Lieferanten nach Betrieb, Qualität und Beschaffungs-Exzellenz bewertet.

Positive
  • Received Gold 'Partner2Win' medallion from BAE Systems for the second consecutive year
  • Recognition for exceptional performance and operational excellence
  • Strong partnership with major defense contractor BAE Systems
  • Demonstrated ability to maintain quality and on-time deliveries in demanding conditions
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  • None.

COSTA MESA, Calif., Dec. 09, 2024 (GLOBE NEWSWIRE) -- Ducommun Incorporated (NYSE: DCO) (“Ducommun” or the “Company”), a global supplier of value-added innovative electronic and structural products and manufacturing solutions for the aerospace and defense industry, announced today that it received a Gold ‘Partner2Win’ medallion at BAE Systems’ suppler symposium on November 12, 2024, for its exceptional performance and commitment to operational excellence this year. Ducommun’s contributions to supply chain success helped BAE Systems ensure quality, on-time deliveries to customers.

“The current conflicts across the globe have mandated faster deliveries and drives for efficiencies for Soldiers, Sailors, Marines, and Airmen,” said Marc Casseres, vice president of Operations for BAE Systems’ Combat Mission Systems business. “As we continue to ramp, partnering with a supply chain who shares our commitment and passion for the warfighter is table stakes.”

“We are thrilled to be honored for our performance by BAE Systems for the second consecutive year and look forward to many years of growth together as we support our Armed Services and Allies and continue to execute on our VISION 2027 Strategy,” said Stephen G. Oswald, chairman, president and CEO of Ducommun Incorporated.

BAE Systems’ ‘Partner2Win’ program recognizes suppliers for their achievements in operations, quality and procurement. As part of the program, BAE Systems maintains a close relationship with suppliers and creates an environment to share best practices, learnings and innovative solutions to problems. All suppliers awarded this year were recognized for going above and beyond the call of duty to create the highest quality products for our warfighters.

Learn more about BAE Systems Partner2Win Supplier Symposium here.

About BAE Systems:

BAE Systems, Inc. is the U.S. subsidiary of BAE Systems plc, a global defense, aerospace, and security company. We employ nearly 41,000 people across the U.S. and deliver a full range of products and services for air, land, sea and space, as well as advanced electronics, intelligence, security, and IT solutions and support services. Our dedication shows in everything we design, produce, and deliver as we strive to protect our servicemen and women during combat. We push the limits of possibility to provide a critical advantage to our customers where it counts.

About Ducommun Incorporated:

Ducommun Incorporated delivers value-added innovative manufacturing solutions to customers in the aerospace, defense and industrial markets. Founded in 1849, the company specializes in two core areas – Electronic Systems and Structural Systems – to produce complex products and components for commercial aircraft platforms, mission-critical military and space programs, and sophisticated industrial applications. For more information, visit ducommun.com.

Forward Looking Statements

This press release includes “forward looking statements” within the meaning of the federal securities laws relating to Ducommun Incorporated, including in particular, statements relating to Ducommun’s expectations pertaining to its relationships with key customers, the execution of its VISION 2027 Strategy and similar expressions that concern Ducommun’s intentions or beliefs about future occurrences, expectations, or results. Forward looking statements are subject to risks, uncertainties and other factors that may change over time and may cause actual results to differ materially from those that are expected. It is very difficult to predict the effect of known factors, and Ducommun cannot anticipate all factors that could affect actual results that may be important to an investor. All forward-looking information should be evaluated in the context of these risks, uncertainties and other factors, including those factors disclosed under “Risk Factors” in our reports filed with the Securities and Exchange Commission, including the Company’s Quarterly Reports on Form 10-Q, Annual Reports on Form 10-K, and Current Reports on Form 8-K. The forward-looking statements included in this press release are made only as of the date of this press release, and Ducommun does not undertake any obligation to (and expressly disclaims any such obligation to) update the forward-looking statements to reflect subsequent events or circumstances.

CONTACTS:

Suman Mookerji, Senior Vice President, Chief Financial Officer, 657.335.3665
Laken Kilgore, BAE Systems, 256.689.2073


FAQ

What award did Ducommun (DCO) receive from BAE Systems in 2024?

Ducommun received a Gold 'Partner2Win' medallion at BAE Systems' supplier symposium on November 12, 2024, for exceptional performance and operational excellence.

How many consecutive years has Ducommun (DCO) won BAE Systems' supplier award?

Ducommun has won BAE Systems' supplier award for two consecutive years.

What criteria did BAE Systems use to evaluate Ducommun (DCO) for the Partner2Win award?

BAE Systems evaluated Ducommun based on operations, quality, procurement excellence, and their ability to ensure quality and on-time deliveries to customers.

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