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Ducommun Incorporated receives Lockheed Martin Aeronautics Elite Supplier Award for 2023

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Ducommun Incorporated, a global supplier of electronic and structural solutions for the aerospace & defense industry, has received the Lockheed Martin Aeronautics Elite Supplier Award for 2023. This recognition highlights Ducommun's exceptional performance in quality and delivery, alongside the Gulfstream Supplier of the Year honor. The award acknowledges Ducommun's engineering and manufacturing excellence in providing components for the F-35 platform, showcasing its commitment to excellence and value creation in the A&D markets.
Ducommun Incorporated, un fornitore globale di soluzioni elettroniche e strutturali per l'industria aerospaziale e della difesa, ha ricevuto il premio di Fornitore d'Elite di Lockheed Martin Aeronautics per il 2023. Questo riconoscimento sottolinea l'eccezionale rendimento di Ducommun in termini di qualità e puntualità delle consegne, oltre al premio di Fornitore dell'Anno da Gulfstream. Il premio riconosce l'eccellenza ingegneristica e produttiva di Ducommun nella fornitura di componenti per la piattaforma F-35, evidenziando il suo impegno per l'eccellenza e la creazione di valore nei mercati aerospaziali e della difesa.
Ducommun Incorporated, un proveedor global de soluciones electrónicas y estructurales para la industria aeroespacial y de defensa, ha recibido el Premio al Proveedor Élite de Lockheed Martin Aeronáutica para 2023. Este reconocimiento destaca el desempeño excepcional de Ducommun en calidad y entrega, junto con el honor de Proveedor del Año de Gulfstream. El premio reconoce la excelencia en ingeniería y fabricación de Ducommun al proporcionar componentes para la plataforma F-35, demostrando su compromiso con la excelencia y la creación de valor en los mercados de aeronáutica y defensa.
Ducommun Incorporated, 항공 우주 및 방위 산업을 위한 글로벌 전자 및 구조 솔루션 공급업체는 2023년 록히드 마틴 항공우주 엘리트 공급업체 상을 수상했습니다. 이 인정은 품질과 납기면에서 Ducommun의 뛰어난 성과를 강조하며, 걸프스트림 올해의 공급업체 상도 함께 수상했습니다. 이 상은 F-35 플랫폼을 위한 구성 요소 공급에 있어 Ducommun의 공학 및 제조 우수성을 인정하며, 항공 우주 및 방위 시장에서의 우수성과 가치 창출에 대한 그들의 헌신을 보여줍니다.
Ducommun Incorporated, un fournisseur mondial de solutions électroniques et structurelles pour l'industrie aérospatiale et de défense, a reçu le Prix du Fournisseur Élite de Lockheed Martin Aéronautique pour 2023. Cette reconnaissance souligne la performance exceptionnelle de Ducommun en matière de qualité et de livraison, ainsi que l'honneur du Fournisseur de l'Année de Gulfstream. Le prix reconnaît l'excellence en ingénierie et en fabrication de Ducommun dans la fourniture de composants pour la plateforme F-35, démontrant son engagement envers l'excellence et la création de valeur sur les marchés de l'aérospatiale et de la défense.
Ducommun Incorporated, ein globaler Anbieter von elektronischen und strukturellen Lösungen für die Luft- und Raumfahrt- sowie Verteidigungsindustrie, hat den Lockheed Martin Aeronautics Elite Supplier Award für 2023 erhalten. Diese Anerkennung hebt die außergewöhnliche Leistung von Ducommun in Bezug auf Qualität und Lieferung hervor, neben der Auszeichnung als Lieferant des Jahres von Gulfstream. Der Preis würdigt die ingenieurtechnische und fertigungstechnische Exzellenz von Ducommun bei der Bereitstellung von Komponenten für die F-35-Plattform und zeigt sein Engagement für Exzellenz und Wertschöpfung auf den Märkten für Luft- und Raumfahrt und Verteidigung.
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SANTA ANA, Calif., April 23, 2024 (GLOBE NEWSWIRE) -- Ducommun Incorporated (NYSE: DCO) (“Ducommun” or the “Company”), a global supplier of innovative electronic and structural solutions for the aerospace & defense industry, today announced that it has been recognized as part of an elite group of top performing suppliers by Lockheed Martin Aeronautics (NYSE:LMT) for 2023 as a recipient of the Elite Supplier Award.

The recognition is based on Ducommun having achieved outstanding performance levels in quality and delivery throughout 2023 and with the 2023 Gulfstream Supplier of the Year honor, which was also awarded to DCO in April, is the second significant customer recognition for delivering exceptional performance and value in all areas. The Elite Supplier Award recognized the efforts of the Company’s world-class engineering and manufacturing performance center in Joplin, Missouri, which provides up to 90 different components, including harness assemblies for the center and wing fuel tanks, directly and indirectly to Lockheed Martin Aeronautics for the F-35 platform and these are utilized across all three variants of the aircraft.

“We are thrilled and honored to be selected for the Elite Supplier Award by Lockheed Martin as we work together to keep our nation and allies safe. This is yet another significant recognition of our Company and team members, who are committed and relentless in the pursuit of excellence in quality and on-time delivery and value creation. DCO has been and continues to be 100% committed to the A&D markets and to be recognized by LMT, the world’s largest defense company, is a major accomplishment,” said Stephen G. Oswald, chairman, president and CEO of Ducommun Incorporated.

Lockheed Martin’s customers demand – and deserve – the highest levels of quality to safely achieve their missions. Quality performance is required at every level of the global supply chain. It requires partners who can harness innovation and remain agile to deliver competitive advantage in both cost and quality. To be recognized as an Elite Supplier Award recipient is an outstanding achievement by Ducommun and a fitting testament to the hard work, dedication, and commitment of a highly professional team.

Ducommun has been supplying F-35 harnesses to a global customer base for many years, supporting a broad range of major commercial and military aerospace programs.

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.

About Lockheed Martin
Lockheed Martin is a global defense technology company driving innovation and advancing scientific discovery. Our all-domain mission solutions and 21st Century Security® vision accelerate the delivery of transformative technologies to ensure those we serve always stay ahead of ready. More information at Lockheedmartin.com.
  
Forward-Looking Statements
This press release includes "forward looking statements" within the meaning of the of the federal securities laws relating to Ducommun Incorporated, including statements relating to Ducommun’s expectations pertaining to its relationships with key customers 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 SEC, including the Company’s Quarterly Reports on Form 10-Q, Annual Reports on Form 10-K, Current Reports on Form 8-K and its other filings with the SEC. 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.

MEDIA CONTACTS:
Suman Mookerji, Senior Vice President, Chief Financial Officer, 657.335.3665
SMookerji@ducommun.com


FAQ

What award did Ducommun Incorporated receive for 2023?

Ducommun Incorporated received the Lockheed Martin Aeronautics Elite Supplier Award for 2023.

What factors led to Ducommun Incorporated receiving the Elite Supplier Award?

Ducommun Incorporated achieved outstanding performance levels in quality and delivery throughout 2023, providing components for the F-35 platform.

Where is Ducommun's world-class engineering and manufacturing performance center located?

Ducommun's world-class engineering and manufacturing performance center is located in Joplin, Missouri.

What kind of components does Ducommun provide to Lockheed Martin Aeronautics?

Ducommun provides up to 90 different components, including harness assemblies for the center and wing fuel tanks, to Lockheed Martin Aeronautics for the F-35 platform.

Who is the chairman, president, and CEO of Ducommun Incorporated?

Stephen G. Oswald serves as the chairman, president, and CEO of Ducommun Incorporated.

Ducommun Incorporated

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