Ducommun

What Ducommun does

Ducommun Incorporated (NYSE: DCO) is a global provider of manufacturing and engineering services for the aerospace, defense, and industrial markets, founded in 1849 and headquartered in Costa Mesa, California. The company operates two core segments: Electronic Systems, which manufactures complex, high-mix, low-to-medium volume electronics including ruggedized printed circuit board assemblies (PCBAs), interconnect systems, and integrated electromechanical assemblies for high-cost-of-failure environments; and Structural Systems, which designs and produces large, complex contoured aerostructure components using stretch forming, thermal forming, chemical milling, machining, bonding, and assembly. The Engineered Products group encompasses wholly-owned brands including BLR Aerospace (aerodynamic systems), MagSeal (magnetic seals), Lightning Diversion Systems, Nobles Worldwide (ammunition handling), Certified Thermoplastics, RF switches, and motors/resolvers/actuators for space and defense applications.

Ducommun's proprietary VersaCore Composite™ technology holds 10+ patents and produces net molded composite structures without multi-piece assemblies, flying on the C-17 since 2004 and used on JASSM, UCAV, UAVs, military ground vehicles, and landing craft. The company holds AS9100, ISO 9001, FAA Part 145, J-STD-001 Class 3 + Space addendum, and ITAR registrations across 17 US performance centers. Key customers include Boeing, Lockheed Martin, Raytheon (largest customer, missile defense programs), BAE Systems, and NASA.

Revenue is generated through quote-based B2B manufacturing services and engineered product sales under multi-year OEM contracts, with additional aftermarket and FAA/EASA-licensed MRO services. The go-to-market is direct enterprise sales to defense primes and commercial aerospace manufacturers, with a long-term framework agreement with the U.S. Department of War covering Patriot, Tomahawk, THAAD, SM-3, and SM-6 missile programs. FY2025 net revenues were $824.7 million, and management's VISION 2027 plan targets $950 million to $1 billion in revenue with 18% adjusted EBITDA margins.

Name

Ducommun

Legal name

Ducommun Incorporated

Website

https://ducommun.com

Company type

Public

Founded year

1849

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Ducommun (NYSE: DCO) is a U.S. aerospace and defense manufacturer founded in 1849, operating Electronic Systems and Structural Systems segments that produce complex electronics, aerostructures, and proprietary composite components (VersaCore™) for primes like Boeing, Lockheed Martin, Raytheon, BAE Systems, and NASA.

Ownership category

akta.pro rank

Product category

Aerospace & Defense Manufacturing

NAICS

Aerospace Product and Parts Manufacturing (33641), Other Electronic Component Manufacturing (334419), Gasket, Packing, and Sealing Device Manufacturing (339991)

SIC

Gaskets, Packg & Sealg Devices & Rubber & Plastics Hose (3050), Special Industry Machinery, Nec (3559), Search, Detection, Navagation, Guidance, Aeronautical Sys (3812)

akta.pro primary industry

Custom Injection Molding & Contract Manufacturing (Job Shops/CMs) (IMANAFAJ)

Keywords

• Aerospace manufacturing
• Electronic systems
• Structural systems
• Defense components
• Engineered products

Headquarters

HQ city

Costa Mesa

HQ country

United States

HQ region

North America

Offices17 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Manufacturing Solutions and Products: Ducommun generates revenue through manufacturing and engineering services providing complex electronic, engineered and structural solutions. Revenue comes from two operating segments: Electronic Systems (circuit boards, interconnects, integrated assemblies) and Structural Systems (large aerostructure components, composite structures). Products include RF switches, motors, resolvers, human machine interfaces, and specialized engineered products for aerospace, defense and industrial markets. The company serves as both prime contractor and sub to major defense primes.
2. Aftermarket and MRO Services: The company provides aftermarket support, repair and refurbishment services for its products. FAA and EASA licensed repair station provides product lifecycle support including spare parts and MRO services for military and oil exploration markets.

Pricing tiers

Go-to-market motion2 records

Distribution channels1 record

Marketing channels5 records

Core offering

Ducommun is a global provider of manufacturing and engineering services, organized into two core segments: Electronic Systems (high-mix, low-to-medium volume production of circuit card assemblies, interconnect systems, and integrated electronic assemblies) and Structural Systems (design, engineering and manufacturing of large, complex contoured aerostructure components using stretch forming, hot forming, machining, bonding, and assembly, including proprietary VersaCore Composite™ technology). The Engineered Products group delivers RF switches, motors/resolvers/actuators, human machine interfaces, lightning diverter strips, magnetic seals, aerodynamic systems, engineered thermoplastics, and ammunition handling solutions for aerospace, defense and industrial customers.

Product overview

Ducommun is a global provider of manufacturing and engineering services for aerospace, defense, and industrial markets, organized into two core business segments: Electronic Systems and Structural Systems. The Electronic Systems segment provides manufacturing services for complex electronics including circuit board assemblies, interconnect solutions, and integrated assemblies. The Structural Systems segment manufactures large, complex contoured aerostructure components using processes including stretch forming, thermal forming, machining, bonding, and assembly, including the proprietary VersaCore Composite™ technology. The company's Engineered Products group encompasses acquired brands including RF switches (Motors & Resolvers), Human Machine Interface products, Lightning Diverter Strips, MAGSEAL magnetic seals, BLR Aerospace aerodynamic systems, Certified Thermoplastics, and Nobles Worldwide ammunition handling solutions. Ducommun serves commercial aircraft, military and space programs, and industrial applications through its network of performance centers.

Differentiator

Problem solved

Functional benefit

Brands

• VersaCore Composite: Proprietary composite manufacturing technology for producing net molded aerostructure structures including wings, winglets, control surfaces, fairings, blades, doors, and missile bodies with reduced part count and manufacturing labor hours.
• MagSeal
• BLR Aerospace
• Lightning Diversion Systems

Products and services

• VersaCore Composite™ Technology Patented composite manufacturing technology that produces net molded composite structures without multi-piece assemblies, used for wings, winglets, control surfaces, fairings, missile bodies, wet wings with internal fuel tanks, and armor systems. Includes hollow VersaCore Composite™ and VersaCore Composite™ Armor variants for aerospace and defense customers.
• RF Solutions (Radio Frequency Switch Products) Industry-leading RF electromechanical switch products including coaxial switches, switch matrices, power combiners, hybrid couplers, and filters for communications, radar, electronic warfare, data center, and automated test equipment applications. Space-qualified heritage dating to 1987; FAA Part 145 licensed repair station.
• Motors, Resolvers and Actuators High-reliability motion control devices including brushless DC motors, AC induction motors, stepper motors, resolvers, variable reluctance resolvers, and actuators qualified for munitions, UAVs, downhole oil and gas, and space satellite applications. Used on Mars Rovers, the ISS, military aircraft, submarines, and high-temperature downhole tools.
• Human Machine Interface (HMI) Products Illuminated push buttons, lighted panels, integrated control panels, and Human Machine Interface assemblies qualified to exacting standards for military fighter jets, transport aircraft, helicopters, ground vehicles, shipboard, and space applications.
• Lightning Diverter Strips and Lightning Protection Devices Segmented lightning diverter strips and innovative lightning protection devices for aerospace, defense, and wind turbine markets; global leader in this niche. Manufactured at the Huntington Beach, California facility.
• MAGSEAL Magnetic Seals Specialty magnetic seals for critical systems used in military aircraft including helicopters, fighter jets, and transports. Manufactured at the Warren, Rhode Island MAGSEAL performance center.
• BLR Aerospace Aerodynamic Systems Aerodynamic systems including FastFin® systems, winglet systems, propellers, and flow modifiers that enhance productivity, performance, and safety of rotary- and fixed-wing aircraft on commercial and military platforms.
• Certified Thermoplastics Extrusion of engineered thermoplastic resins, compounds and alloys including high temperature resins, flame retardant, low smoke and fume resins, glass and carbon reinforced compounds for harsh environment applications.
• Nobles Worldwide Ammunition Handling Solutions Ammunition handling solutions across Land, Air, and Sea platforms. Built in St. Croix Falls, Wisconsin.

Quantifiable outcome

• Q1 2026 revenue of $209 million, up 9% year-over-year
• +3 more outcomes

Named customers5 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Seven partnerships are on record, tiered core and minor.

• U.S. Department of WarcoreStrategic or Co-development Partner · 25 June 2026Long-term 7-year framework agreements for key missile programs including Patriot, Tomahawk, THAAD, SM-3, and SM-6. Defense spending acceleration on missiles represents approximately 25% of defense revenue. Department of War production commitments support multi-year growth visibility.
• Raytheon (RTX)coreStrategic or Co-development PartnerLargest customer for missile programs including Patriot missile platform. Multi-year framework agreements supporting long-term growth in missile defense programs.
• Lockheed MartincoreStrategic or Co-development PartnerDefense prime customer for F-35 and other military aircraft programs. Strategic relationship for fixed-wing aircraft platforms.
• BoeingcoreStrategic or Co-development PartnerMajor customer for commercial and military aircraft including 737 MAX, 777, C-17. Programs include spoilers and structural assemblies. Supply chain relationship subject to Boeing quality control issues and labor strike impacts.
• BAE SystemscoreStrategic or Co-development PartnerAwarded Vertical Launch Systems Supplier of the Year and Gold Supplier status for three consecutive years. Recognition for excellent supply chain performance delivering quality products to US military and allies.
• Los Angeles ChargersminorGTM or Marketing Partner8-year sponsorship of STEM on the Sidelines competition at SoFi Stadium promoting STEM education in partnership with UCI Samueli School of Engineering.
• UCI Samueli School of EngineeringminorGTM or Marketing PartnerPartnership for STEM on the Sidelines competition supporting engineering education and workforce development.

Scale indicators12 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Spirit AeroSystems: Spirit AeroSystems is one of the world's largest independent aerostructures manufacturers, supplying fuselage, wing, and propulsion structures to Boeing and Airbus. Comparable to Ducommun's structural systems and large contoured aerostructure components, though Spirit operates at significantly larger scale.
• TransDigm Group: TransDigm designs and manufactures proprietary aerospace components and subsystems sold to OEMs, airlines, and defense departments globally. Like Ducommun, it is a high-margin specialty aerospace supplier with mission-critical content on major defense and commercial platforms.
• HEICO Corporation: HEICO operates two segments — electronic technologies and aerospace defense — providing FAA-approved replacement parts, components, and electronic solutions. Comparable to Ducommun's engineered electronic and structural products serving aerospace and defense customers with mission-critical applications.
• Triumph Group: Triumph Group designs, engineers, manufactures, repairs, and overhauls a broad portfolio of aerostructures and components for the global aerospace and defense industries. Direct competitor to Ducommun's structural systems segment in large contoured aerostructure components and assemblies.
• Woodward, Inc. Woodward designs and manufactures energy control and optimization solutions for aerospace and industrial markets, including motion control and fuel systems. Overlaps with Ducommun's motors/resolvers/actuators business and broader engineered aerospace components serving OEMs and defense primes.
• Mercury Systems: Mercury Systems manufactures mission-critical processing subsystems for defense and aerospace applications, including RF and microwave solutions. Comparable to Ducommun's electronic systems segment, particularly RF switches and ruggedized PCBA capabilities for high-cost-of-failure environments.
• Curtiss-Wright Corporation: Curtiss-Wright provides engineered products, systems, and services for defense, commercial and industrial markets including electronic systems, structural components, and motion control. Direct overlap with Ducommun's defense electronics and structural aerostructure offerings across defense primes and commercial aerospace.
• Moog Inc. Moog designs and manufactures precision motion control products and systems for aerospace, defense, and industrial markets — directly comparable to Ducommun's motors, resolvers, and actuators portfolio including space-qualified and military applications.

Emerging players

• Loar Holdings: Loar Holdings is a niche manufacturer of custom, complex aerospace components for aircraft and engine platforms with high mission-critical content. Comparable to Ducommun's engineered products portfolio with a focus on proprietary, sole-source aerospace components.

Broad incumbents

• Howmet Aerospace: Howmet Aerospace produces advanced engineered solutions — including fastening systems, titanium and aluminum structural castings, and aero engine components — for commercial aerospace and defense. Larger and more diversified incumbent serving many of the same defense primes and commercial OEMs as Ducommun.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCOTx4Bg0jcqsu1X-b23ZnsQ
• Facebookfacebook.com/DucommunInc
• LinkedInlinkedin.com/company/ducommun-incorporated

Compliance9 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries6 records

Funding overview

Funding rounds2 records

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A15 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Ducommun