Ducommun (DCO) Investor presentation summary

Company overview and history

• Founded in 1849, evolved from a watch business to a leading aerospace and defense supplier through strategic acquisitions and diversification into engineered products and electronic components.

• Operates as a Tier 1 supplier of complex electronics and structural systems for commercial aerospace, defense, and space markets.

• Leadership team has deep operational and industry experience, supporting growth and operational excellence.

Financial performance and profile

• LTM Q2 2024 revenue reached $776M with an adjusted EBITDA margin of 14.1%.

• Backlog stands at $1.07B, reflecting strong demand across military and commercial aerospace platforms.

• Market capitalization as of June 2024 is $856M, with enterprise value at $1.1B and net debt of $232M.

• Revenue has grown 41% since 2016, with adjusted EBITDA nearly doubling over the same period.

Business segments and product offerings

• Electronic Systems segment (57% of 2023 revenue) delivers ruggedized electronic and electromechanical products.

• Structural Systems segment (43% of 2023 revenue) provides engineered aerostructure components and assemblies.

• Diverse offerings include circuit cards, lightning protection, titanium forming, ammunition handling, and composite nacelle components.