May 28, 2005 |
Three Boeing Co. employees filed a whistle-blower lawsuit, alleging that Ducommun Inc., a longtime Los Angeles-area aircraft parts maker, supplied defective components used on a range of Boeing airplanes. The employees, who work at Boeing's commercial aircraft division in Wichita, Kan., filed the lawsuit in March, claiming that Chicago-based Boeing was aware of the problems but tried to cover them up. It was unsealed Thursday.
May 22, 2001 |
Ducommun Inc. of Los Angeles, continuing an acquisition spree, said Monday that it has agreed to buy Composite Structures, a privately held aerospace contractor based in Monrovia. Terms were not disclosed. Composite Structures, which makes composite materials for aircraft, including rotor blades for Apache military helicopters and wing parts for the Boeing 737, had revenue of $60 million last year.
CALIFORNIA | LOCAL
April 27, 1999
Ducommun Inc. has acquired SMS Technologies Co., a privately held company based in Chatsworth. SMS manufactures complex assemblies and subassemblies for commercial and military aircraft. Founded in 1849, Ducommun manufactures components and assemblies for the aerospace industry.
October 8, 1991 |
Charles Emil Ducommun, former head of his family's historic Ducommun Inc. and a key Los Angeles-area civic and cultural leader, has died. He was 78. The industrialist died Sunday at St. John's Hospital in Santa Monica of heart failure, company chief executive officer Norman Barkeley said Monday. Ducommun, who retired in 1978, had spent his entire career in the company founded in 1849 by his grandfather as Ducommun Metals & Supply Co.
March 9, 1990 |
Once-ailing Ducommun, a Carson-based aerospace supplier and one of California's oldest companies, which spent most of the late 1980s losing money, apparently has turned things around, according to an earnings report issued Thursday. During the first full year since Chairman Norman A. Barkeley stepped into the cockpit at Ducommun, the company posted net income of $602,000, contrasted with a loss of $19.4 million in 1988. Sales rose to $68.6 million in 1989 from $59.8 million the year before.
May 25, 1989 |
Ducommun Inc., a money-losing aerospace contractor, said Wednesday that it plans to sell unused real estate in Texas, Oklahoma and California to raise much needed cash. Norman A. Barkeley, Ducommun's chairman and chief executive, told shareholders at the company's annual meeting in Long Beach that he is not sure how much Ducommun would receive from the property sales. He said the proceeds would be used to reduce the Carson-based firm's $67.9-million debt. Besides selling the property, Ducommun is also negotiating to sell its Tri-Tec Engineering unit, a maker of cable assemblies for the computer industry.