Ducommun Incorporated has reached a settlement agreement to resolve a subrogation claim related to damages from a June 2020 fire at its performance center in Guaymas, Mexico. The claim, brought by the insurer of the entity providing labor and facilities at the performance center, was pending in arbitration in Arizona. Following mediation in December 2025, Ducommun agreed to pay $4 million to the insurer. The settlement includes a mutual release of all claims arising from the fire and does not constitute an admission of liability by the company. Ducommun expects to record the settlement as an expense for the quarter ending December 31, 2025, and to pay the amount from cash on hand. The company believes there are no remaining related claims, except for a possible claim in Mexico, which it believes to be time-barred.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ducommun Incorporated published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-009036), on January 09, 2026, and is solely responsible for the information contained therein.
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