Ducommun gains on $115 mln deal to buy BLR Aerospace

Ducommun Incorporated

21/03/2023 16:59

** Shares of aerospace and defense products maker Ducommun
Inc  DCO.N  up 2.4% at $52.4 
    ** Co to acquire BLR Aerospace LLC in a deal valued at $115
mln
    ** DCO to finance deal through its existing credit facility
    ** Says deal expected to close in Q2 2023
    ** DCO Stock up ~6% YTD and rose ~7% in 2022
 

 (Reporting by Yamini Kalia)
 ((Yamini.Kalia@thomsonreuters.com))