Ducommun Incorporated : Investor Fact Sheet

Q1 2024

Investment Data

(as of March 30, 2024)

NYSE	DCO
52-Week Price Range	$40.24 - $55.05
Market Capitalization	$754.4mm
Shares Outstanding*	14.7mm
Fiscal Year End	December
Website	www.ducommun.com

*Common shares outstanding at March 30, 2024

Key Customers

• Boeing
• Northrop Grumman
• RTX Corporation
• Spirit AeroSystems
• Viasat

LTM Q1 2024 Performance

($mm)

$767

$1,046

Revenue

$106

Backlog

Adjusted

EBITDA

Diverse End Markets

and Platforms

Industrial

6%

COMPANY PROFILE

Ducommun Incorporated delivers value-added innovative manufacturing solutions to customers in the aerospace, defense and industrial markets. Founded in 1849, the company specializes in two core areas-Electronic Systems and Structural Systems-to produce complex products and components for commercial aircraft platforms, mission-critical military and space programs, and sophisticated industrial applications.

INVESTMENT HIGHLIGHTS

• Customer-focusedleading global provider of advanced products and services for the aerospace, defense and other technology-driven markets
• Broad capabilities that enable movement to more sophisticated, higher value-added products
• Focused, niche approach capitalizes on growing market demand opportunities
• Well positioned to benefit from increasing demand for advanced integrated systems
• Focused on growing strategic relationships with blue chip customers
• Strong backlog
• Consistent cash flow

KEY LONG-TERM GROWTH DRIVERS

• Low volume, high mix electronics market o Outsourcing trend drives market growth o Increased electronics content
  o Strong demand for military electronics solutions on several platforms across missile defense systems, fixed wing aircraft and helicopters
• Recovery of the commercial aerospace industry after the impact of the COVID-19 Pandemic, resulting in increasing build rates on several key programs:
  o Boeing 737 and 787
  o Airbus A320, A330 and A220
• Execution of acquisitions strategy
• New products and technologies such as VersaCore Composite

Commercial	Military
and Space
Aerospace
53%
41%

Q1 2024

Structural Systems (43% of FY 2023 Revenue)

Electronic Systems (57% of FY 2023 Revenue)

Designs, engineers and manufactures large, complex contoured aerostructure components/assemblies

Designs, engineers and manufactures high-reliability electronic and electromechanical systems and subsystems

Rotor Blade Assemblies	Flight Control Surface Assemblies

Box-LevelHuman Machine Interface Products Assemblies

Exhaust Systems		Fuselage Skins	Composite
and Engine Ducts		and Assemblies	Winglets

Design, Engineering	Printed Circuit	Interconnect
and Test	Board Assemblies	Systems

				Lightning Diversion
Plastic Extrusion	Ammunition Handling		Magnetic and
Products	Systems		Mechanical Seals	Strips and Suppressors

Q1 2024 HIGHLIGHTS
•	Net revenues of $190.8 million	•	Adjusted EBITDA of $27.4 million (14.4% of revenue)
•	Net income of $6.8 million, or $0.46 per diluted share	•	Backlog of $1.046 billion

• Adjusted net income of $10.4 million, or $0.70 per diluted share

CONTACT INFORMATION	TOP INSTITUTIONAL HOLDERS		SELL SIDE ANALYSTS
Suman Mookerji	Paradigm Capital Management		B. Riley & Co. - Mike Crawford
Albion River Management, LLC		Citi - Jason Gursky
Senior Vice President, CFO
657.335.3665	BlackRock Fund Advisors		RBC Global Asset Management - Ken Herbert
[e-mail]	Dimensional Fund Advisors, L.P.		Truist Securities - Michael Ciarmoli
	The Vanguard Group
	State Street Global Advisors
	GAMCO Asset Management
	RDST Capital
	RBC Global Asset Management
	Geode Capital Management

Statements contained in this fact sheet other than those referring to historical facts are forward-looking statements. By nature, such forward-looking statements involve risks and uncertainties because they relate to events and depend on circumstances that will or may occur in the future. Actual results may differ from those expressed in such statements. For a summary of important factors that could cause the Company's results to differ materially from those projected in, or inferred by, the forward-looking statements, please refer to the Company's filings with the Securities and Exchange Commission. The Company is under no obligation to (and expressly disclaims any such obligation to) update or alter its forward-looking statements after the date of publication of this fact sheet, whether as a result of new information, future events or otherwise.

A reconciliation of any non-GAAP financial measures found in this fact sheet to GAAP financial measures may be found in Company press releases and other related disclosures posted on the Company's website, www.ducommun.com.

Ducommun Incorporated | 600 Anton Blvd | Suite 1100 | Costa Mesa, CA 92626 | www.Ducommun.com