Ducommun (DCO) Jumping 8% On Strong Earnings And Contract News

Ducommun Incorporated (NYSE: DCO) is up 8% today after reporting strong earnings and a new contract win. Ducommun topped Q1 EPS view of 40c by 12c and also exceeded the consensus revenue view.

In addition, to DCO reporting the strong earnings it announced that its Ducommun AeroStructures, Inc. subsidiary was awarded a $75 million long-term contract by RUAG Aerospace Ltd. of Switzerland to furnish Aft Fuselage Panel Assemblies for the Bombardier CRJ700/900/1000 NextGen regional jets.

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Ducommun, through its subsidiaries, designs, engineers and manufactures aerostructure and electromechanical components and subassemblies and provides engineering, technical and program management services principally for the aerospace industry.

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