03.12.2013 13:14:19
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Ducommun Bags Contract From Parker Aerospace For Electronics On Airbus A350
(RTTNews) - Ducommun Inc. (DCO) said it has won a multi-year contract from Parker Aerospace, an unit of Parker Hannifin Corp. (PH), to produce complex printed circuit board assemblies for use in the fuel management system of the Airbus A350 family of commercial aircraft. The award's potential value is worth more than $20 million over the contract period, and is likely to begin production in mid-2014.
In addition, the company has begun manufacturing printed circuit board assemblies for a retrofit fuel tank inerting system or FTIS being deployed on various aircraft throughout the Airbus fleet. The FTIS work, which was granted under a separate contract from Parker Aerospace, is worth over $1 million through September 2014, and Ducommun expects follow-on orders. The production of the printed circuit board assemblies for both contracts would take place at Ducommun's Appleton, Wis., facility.
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Ducommun Inc. | 67,50 | 2,27% | |
Parker Hannifin Corp. | 652,20 | 2,48% |