LOS ANGELES – Ducommun reported second-quarter revenue at its contract electronics assembly segment was up a hair to $107.9 million.

Sales at the DLT segment, which comprises the former LaBarge Technologies, were up 0.37% year-over-year.

Overall sales were $186.5 million, down 2.6% year-over-year. The revenue decline primarily reflects 8.2% lower revenues within the firm’s military and space markets, partially offset by a 9.9% increase in revenues within its non-aerospace and defense markets.

Net income for the quarter was $6.47 million, up 17.6% compared to the same quarter last year. EBITDA was $24.3 million, or 13% of revenue, compared to $22.2 million, or 11.6% of revenue, in 2013. Operating income increased approximately 10.2% to $16.6 million, or 8.9% of revenue, compared to the same period last year.

The company’s DAS segment reported net revenue for the second quarter of $78.6 million, down 6.4% year-over-year, primarily due to a 10.7% decrease in military aircraft revenues.

“As recently announced, we are winning new business on a variety of important commercial aircraft programs, such as the Boeing 737 MAX, while also bidding on a number of opportunities with Airbus and other key OEMs,” said Anthony J. Reardon, chairman and CEO.

Net revenues for the six months ended June 28 were $366.3 million, down 0.3% year-over-year. The slight revenue decrease primarily reflects 5.3% lower revenues in the military and space markets, partially offset by 5% higher commercial aerospace revenues and a 6% increase in non-A&D revenues. Net income increased 20.5% to $11.1 million compared to the first six months of 2013.

The DLT segment reported net revenues for the first six months of $206 million, down 2.2% year-over-year. The decrease reflects an 8.1% decline in defense technologies revenues, partially offset by 6% higher non-A&D revenues and a 12.2% increase in commercial aerospace revenues.

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