Ducommun Incorporated

Good day and welcome to the Duke Common second quarter 2026 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 star 1-1 on your telephone. You will then hear an automated message advising your hand is raised. To withdraw your question, press star 1-1 again. Please be advised that today's conference is being recorded. I would now like to hand the conference over to your speaker, Mr. Suman Mookerji, Vice President and Chief Financial Officer. Please go ahead.

Thank you, and welcome to Duke Commons' 2026 Second Quarter Conference Call. With me today is Steve Oswald, Chairman, President, and Chief Executive Officer. I'm 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&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 U.S. Department of War's long-term framework agreements for key missile programs with defense primes, are share of potential orders from those primes. The increase in production on many of those missile programs and their impact on the 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 1995 and are therefore prospective. These 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. Facing New Common include, amongst others, the cyclicality of our end-use markets, the level of U.S. government defense spending, our customers may experience changes in production rates or delays in the launch and certification of new products, 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, legal and regulatory risks, including pending litigation matters generally, and as well as any potential losses arising from third-party subrogation claims related to the Guaymas Performance Center fire that may become material, the cost of expansion, consolidation and acquisition, competition, economic and geopolitical development, including supply chain issues, our ability to successfully implement restructuring, realignment and cost reduction activities that could adversely affect our ability to achieve our strategic objectives. International Trade Restrictions and Our Ability to Obtain Necessary U.S. Government Approvals for Proposed Sales to Certain Foreign Customers, the Impact of Tariffs and Elevated Interest Rates, Risks Associated with a Prolonged Partial or Total U.S. Federal Government Shutdown, the Ability to Attract and Retain Key Personnel and Avoid Labor Disruption, the Ability to Adequately Protect and Enforce Intellectual Property Rights, Pandemics, Disasters, Natural or Otherwise, and Risk of Cybersecurity Attacks. Please refer to our annual report on Form 10-K-A, quarterly report on Form 10-Q, and other reports filed from time to time with the SEC, as well as the press release issued today for a detailed discussion of the risks. Our forward-looking statements are subject to those risks. Statements made during this call are only as of the time made, and we do not intend to update any statements made in this presentation, except if and as required by regulatory authorities. This call also includes non-GAAP financial measures, please refer to our filings with the SEC for a reconciliation of the GAAP to non-GAAP measures referenced on this call. We filed our Q2 2026 quarterly report on Form 10Q with the SEC today. I would now like to turn the call over to Steve Oswald for a review of the operating results.

Steve.