Ducommun Incorporated Announces Contract for F/A-18E/F Caution Light Panel Assembly.Business Editors LOS ANGELES--(BUSINESS WIRE)--Aug. 7, 2000 Ducommun Incorporated (NYSE NYSE See: New York Stock Exchange :DCO DCO Demande Chimique En Oxygène (French) DCO Digitally Controlled Oscillator DCO District Coordination Officer (Pakistan) DCO Defence Community Organisation (Australia) ) today announced that its Ducommun Technologies, Inc. (DTI Diffusion tensor imaging (DTI) A refinement of magnetic resonance imaging that allows the doctor to measure the flow of water and track the pathways of white matter in the brain. ) subsidiary has signed a Memorandum of Agreement A memorandum of agreement (MOA) or cooperative agreement is a document written between parties to cooperatively work together on an agreed upon project or meet an agreed upon objective. The purpose of an MOA is to have a written understanding of the agreement between parties. with The Boeing Company to provide a Caution Light Panel Assembly for the F/A-18E/F Super Hornet The Boeing F/A-18E/F Super Hornet is a carrier-based fighter/attack aircraft that entered service in 1999 with the United States Navy. The fighter has recently been ordered by the Royal Australian Air Force. aircraft, which is assembled in St. Louis, Missouri. Unit delivery begins in September 2000 and continues until 2004. The Caution Light Panel assembly is a multiple input, lighted panel that alerts pilots to system malfunctions. Each individual display on the panel is sunlight readable and night vision goggle gog·gle v. gog·gled, gog·gling, gog·gles v.intr. 1. To stare with wide and bulging eyes. 2. To roll or bulge. Used of the eyes. v.tr. To roll or bulge (the eyes). compatible. Joseph C. Berenato, chairman, president and chief executive officer, stated: "We are particularly excited about this contract win because it validates our strategy of seeking opportunities up the food chain. DTI has previously provided caution/warning light panels, but this contract allows us to provide the entire `black box' assembly. We will continue to seek higher value added Value Added The enhancement a company gives its product or service before offering the product to customers. Notes: This can either increase the products price or value. assemblies which allow us to differentiate ourselves from the competition through our engineering capabilities." Founded in 1849, Ducommun Incorporated manufactures components and assemblies for the aerospace industry. The statements made in this press release include forward-looking statements that involve risks and uncertainties. The company's future financial results could differ materially from those anticipated due to the company's dependence on conditions in the airline industry, the level of new commercial aircraft orders, the production rate of the Space Shuttle program, the level of defense spending, competitive pricing pressures, technology and product development risks and uncertainties, product performance, risks associated with acquisitions and dispositions of businesses by the company, increasing consolidation of customers and suppliers in the aerospace industry, availability of raw materials and components from suppliers, and other factors beyond the company's control. |
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