Ducommun (DCO) said Tuesday it has received a follow-on contract worth more than $35 million from aerospace and defense supplier Simmonds Precision Products.
Under the contract, the company will provide electronic assemblies in support of Lockheed Martin's (LMT) PAC-3 family of missiles.
The assemblies will be produced at Ducommun's manufacturing facility in Tulsa, Oklahoma, it added.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.