LOS ANGELES, 12 May 2006. Ducommun Incorporated's Ducommun Technologies Inc. (DTI) subsidiary has acquired WiseWave Technologies Inc., a privately held company based in Torrance, Calif.
WiseWave manufactures custom microwave and millimeterwave products for both aerospace and non-aerospace applications. WiseWave's sales for the last 12 months totaled approximately $4.4 million.
Terms of the transaction were not disclosed.
The principal shareholders, Yonghui Shu and Xiaoxin Gu, will remain with the business.
The WiseWave business will be integrated with DTI's Carson, Calif., microwave business.
"The addition of WiseWave broadens our microwave product line and adds millimeterwave products to our offerings," says Joseph C. Berenato, chairman, president, and chief executive officer, Ducommun. "This acquisition brings us a talented array of people in engineering, sales and product assembly as well as broadening our product offering which will help us to become more important to our key customers."
Ducommun Technologies is a technology company with design, development, manufacturing, integration, and test capabilities in the areas of missiles, space, sensor, simulation, complex electronic/mechanical assemblies, illuminated cockpit displays, RF systems, and space-qualified motion control devices.
Founded in 1849, Ducommun Incorporated provides engineering and manufacturing services for the aerospace and defense industry.
