Ducommun shareholders approved all ballot proposals at the 2026 annual meeting, including director elections, executive compensation, auditor ratification, and an amendment to the company's 2024 stock incentive plan.

Key Points

• Shareholders re-elected Stephen G. Oswald and Samara A. Strycker as Class of 2029 directors during the April 29, 2026, virtual meeting.
• The company ratified PricewaterhouseCoopers LLP as its independent auditor for the 2026 fiscal year.
• CEO Stephen G. Oswald reported 2025 revenue of $825 million and a $1.1 billion backlog of remaining performance obligations.
• Ducommun is targeting an 18% EBITDA margin as part of its "Vision 2027" strategic framework.
• The board acknowledged the retirement of long-term director Rick Baldridge after 13 years of service.

Why it Matters

The successful passage of these proposals provides Ducommun with the governance stability needed to execute its long-term growth strategy amid ongoing aerospace and defense market shifts. By focusing on margin expansion and high-reliability manufacturing, the company aims to navigate supply chain challenges while maintaining its position as a key supplier to major defense contractors.