Ducommun acquires Nobles Worldwide, terms not disclosed
Ducommun Incorporated announced that it has completed the acquisition of Nobles Worldwide based in St. Croix Falls, Wisconsin. Founded in 1948, Nobles Worldwide focuses on the design and manufacture of high performance ammunition handling systems for military aircraft, helicopters, ground vehicles and shipboard systems. Nobles is currently the primary ammunition feed chute supplier to most F-Series aircraft and naval close-in weapon systems in the U.S. and supports more than 50 different such systems in 50 other countries worldwide. In addition to its full-sized, customized solutions, Nobles offers a range of systems for small and medium caliber weapon stations and medium caliber turrets. Ducommun financed the purchase through its existing revolving credit facility.