Ducommun Inc is a prominent provider of engineering and manufacturing services, primarily focused on serving the aerospace and defense sectors
The company specializes in producing high-quality components and systems for various applications, including aircraft, satellites, and military equipment. Ducommun's extensive capabilities encompass design, fabrication, and assembly, allowing it to create complex parts and assemblies that meet stringent industry standards. Through its commitment to innovation and operational excellence, Ducommun supports its clients in achieving reliable performance and enhanced safety in their products.
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Ducommun trades at $63.69 and has moved in lockstep with the market. Its shares have returned 10.8% over the last six months while the S&P 500 has gained 10.4%.
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Aerospace and defense company Ducommun (NYSEDCO) reported revenue ahead of Wall Street’s expectations in Q3 CY2024, with sales up 2.6% year on year to $201.4 million. Its non-GAAP profit of $0.99 per share was also 34% above analysts’ consensus estimates.
RYE, N.Y., Sept. 04, 2024 (GLOBE NEWSWIRE) -- Gabelli Funds, LLC, is hosting our annual Aerospace & Defense Symposium at The Harvard Club in New York City on September 5th. The conference will draw top executives from more than ten companies, with a focus on the themes of strong demand outlook, high barriers to entry, large aftermarket opportunity, growth in excess of GDP, defense spending, and M&A potential for the Aerospace and Defense industry. Attendees will also have the opportunity to meet with management in a one-on-one setting. Prospective attendees can learn more about the symposium on our website.
