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Synopsis
Ducommun, a provider of manufacturing products and solutions to customers in the aerospace, defense and industrial markets, completed the acquisition of BLR Aerospace, a provider of performance-enhancing products for helicopters and airplanes. Financial terms were not disclosed. “I am delighted to welcome the team at BLR Aerospace to Ducommun as we continue to add proprietary engineered products to our portfolio. This is a first step in our commitment made during Ducommun’s Investor Day last December to increase the amount of engineered products and aftermarket in our revenues. BLR is an absolute industry leader in providing engineered products and aftermarket services to rotorcraft, fixed-wing business aviation OEM customers and fleet operators worldwide and their team will only strengthen our position," Stephen G. Oswald, Ducommun Chairman, President and CEO.
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