United States : Ducommun Incorporated Definitizes Contract with Boeing for C-17 Globemaster III Fuselage Skins.Byline: Mamta03 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 AeroStructures, Inc. (DAS) subsidiary has definitized a follow-on contract with The Boeing Company to provide fuselage skins for the C-17 Globemaster III military transport aircraft through the fourth quarter of 2010. Boeing produces the C-17 Globemaster III in Long Beach, CA for the U.S. Air Force and a growing number of international defense forces. These fuselage skins are manufactured at the DAS Gardena facility using its specialized capabilities in stretch forming, chemical milling and machining to produce the over-sized metallic components for the C-17 Globemaster III. These fuselage skins have been produced by the DAS Gardena facility since 2000. Joseph C. Berenato, chairman and chief executive officer of Ducommun, stated, "We are pleased to continue production of some of the largest fuselage skins in the aerospace industry. Through the continuous application of Lean Six Sigma Lean Six Sigma is a business improvement methodology which combines (as the name implies) tools from both Lean Manufacturing and Six Sigma. Lean manufacturing focuses on speed and traditional Six Sigma focuses on quality. By combining the two, the result is better quality faster. , we have improved the efficiency of the production process and have developed substantial expertise in the manufacture and handling of very large fuselage skins. Mr. Berenato continued, "More recently, we have added subassembly sub·as·sem·bly n. pl. sub·as·sem·blies An assembled unit forming a component to be incorporated into a larger assembly. capabilities to our Gardena facility which makes us capable of providing major subassemblies directly to the final assembly line of our customers. In doing so, we strive to become more important to our key customers, a strategic goal for Ducommun. Ducommun AeroStructures manufactures large, complex structural components and assemblies in aluminum, specialty alloys such as titanium titanium (tītā`nēəm, tĭ–) [from Titan], metallic chemical element; symbol Ti; at. no. 22; at. wt. 47.88; m.p. 1,675°C;; b.p. 3,260°C;; sp. gr. 4.54 at 20°C;; valence +2, +3, or +4. , metal bond and composites for a wide variety of military and commercial aerospace applications. Founded in 1849, Ducommun Incorporated provides engineering and manufacturing services to the aerospace and defense industry. The statements made in this press release include forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. 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, production rates for Boeing commercial aircraft, the C-17 and Apache Apache (əpăch`ē), Native North Americans of the Southwest composed of six culturally related groups. They speak a language that has various dialects and belongs to the Athabascan branch of the Nadene linguistic stock (see Native American helicopter rotor A rotor is the rotating part of a helicopter which generates lift, either vertically in the case of a main rotor, or horizontally in the case of a tail rotor. History and development blade programs, the level of defense spending, competitive pricing pressures, manufacturing inefficiencies, start-up costs and possible overruns on new contracts, 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. Copyright : Euclid Infotech Pvt. Ltd. Provided by Syndigate.info an Albawaba.com company |
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