SANTA ANA, CA -- Ducommun's Electronic Systems segment net revenue for the quarter ended Sept. 30, 2023 was $110.7 million, compared to $113.4 million a year ago.

The year-over-year decrease was primarily due a drop of $3.2 million in revenue for the company’s military and space end-use markets due to lower build rates on military fixed-wing aircraft platforms, partially offset by higher build rates on other military and space platforms; partially offset by $2.8 million higher revenue in the company’s commercial aerospace end-use markets due to higher build rates on other commercial aerospace platforms.

Operating income for the quarter was $12.7 million, or 11.5% of revenue, compared to $13.9 million, or 12.2% of revenue, in 2022. The year-over-year decrease was primarily due to higher restructuring charges and unfavorable other manufacturing costs, partially offset by favorable product mix and favorable manufacturing volume.

Electronic Systems segment adjusted operating income was $14.9 million, or 13.4% of revenue, compared to $14.6 million, or 12.9% of revenue, for the comparable quarter in 2022. The year-over-year increase of $300,000 was primarily due to favorable product mix, pricing actions, and favorable manufacturing volume.

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