Vice President and Chief Financial Officer - Suman Mookerji Chairman, President and Chief Executive Officer - Stephen G. Oswald Operator: Good day, and welcome to the Ducommun Second Quarter 26 Earnings Conference Call. At this time, all participants are in a listen-only mode.
After the speaker presentation, there will be a question and answer session. To ask a question during the session, you will need to press *11 on your telephone. You will then hear an automated message advising your hand is raised.
To withdraw your question, press *11 again. Please be advised that today's conference is being recorded. I would now like to hand the conference over to your speaker, Mr.
Vice President and Chief Financial Officer. Suman Mookerji: Thank you, and welcome to Ducommun's 26 Second Quarter Conference Call. With me today is Steve Oswald, Chairman, President and Chief Executive Officer.
I am going to discuss certain limitations to any forward-looking statements regarding future events projections or performance that we may make during the prepared remarks or the Q and A session that follows. Certain statements today that are not historical facts, including any statements as to the company's progress and value creation opportunity for shareholders under our VISION 2027 game plan for investors, beliefs about the company's Vision 2032 strategic plan, potential destocking headwinds and their impact on the company's business for the remainder of 2026, expectations related to the US Department of War's long term framework agreements for key missile programs with defense prime, our share of potential orders from those prime, the increase in production on many of those missile programs and their impact on growth of our defense business estimated synergies to be realized under the company's facility consolidation project, and the outlook for the company's revenue and commercial aerospace and defense businesses for the full year 2026 are forward-looking statements under the Private Securities Litigation Reform Act of 2000 and are therefore prospective. Forward looking statements are subject to risks, uncertainties and other factors which could cause actual results to differ materially from the future results expressed or implied by such forward-looking statements.
Although we believe that the expectations reflected in our forward-looking statements are reasonable, we can give no assurance that such expectations will prove to have been correct. In addition, estimates of future operating results are based on the company's current business, which is subject to change. Particular risks facing Ducommun include, amongst others, the cyclicality of our end use market, a level of US government defense spending, Our customers may experience changes in production rates or delays in the launch and certification of new product, timing of orders from our customers which are subject to cancellation, modification, or rescheduling, our ability to obtain additional financing and service existing debt, to fund capital expenditures, and meet our working capital needs.
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