Ford Motor Co
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Consumer Discretionary : Automobiles | Mid Cap Value
Company profile

Ford Motor Company is a global automotive and mobility company. The Company's business includes designing, manufacturing, marketing, and servicing a full line of Ford cars, trucks, and sport utility vehicles (SUVs), as well as Lincoln luxury vehicles. The Company operates in four segments: Automotive, Financial Services, Ford Smart Mobility LLC, and Central Treasury Operations. The Automotive segment primarily includes the sale of Ford and Lincoln brand vehicles, service parts, and accessories across the world. The Financial Services segment primarily includes its vehicle-related financing and leasing activities at Ford Motor Credit Company LLC. Ford Smart Mobility LLC is a subsidiary formed to design, build, grow, and invest in emerging mobility services. The Central Treasury Operations segment is primarily engaged in decision making for investments, risk management activities, and providing financing for the Automotive segment.

Closing Price
$6.05
Day's Change
0.07 (1.17%)
Bid
--
Ask
--
B/A Size
--
Day's High
6.17
Day's Low
6.00
Volume
(Below Average)
Volume:
67,270,506

10-day average volume:
78,477,635
67,270,506

HM Dunn Aerosystems Wins New Defense Work

3:47 pm ET June 24, 2020 (Globe Newswire) Print

HM Dunn Aerosystems, Inc. today announced the company has reached agreement with The Boeing Company to provide content on the Air Force's B-52 program and extended its supply contract on the Boeing KC-46 Tanker program.

"We are pleased to continue our strong working together model with The Boeing Company and the US Air Force," said Phil Anderson, President and CEO. "Our broad engineering and manufacturing capability allow us to effectively serve the sustainment and mission readiness needs of programs like the B-52 Stratofortress, while bringing the latest in manufacturing technology to next generation defense programs like the KC-46 Pegasus." Both programs will be manufactured in Wichita, KS.

HM Dunn also produces content for Lockheed Martin's F-35, F-16, C-130 and P-3 programs; Boeing's KC-135R, F-15 and F-18 programs; Gulfstream's G550, G500, G600; and other select defense programs.

"This is very good news for our company and our employees," said Katie McNatt, head of HM Dunn's Business Development. "Over the past eighteen months we have successfully transformed our company into a healthier more balanced supplier to the aerospace and defense industry. Our business strategy is working as we continue to navigate the near-term challenges of the commercial aerospace market."

About HM Dunn Aerosystems, Inc.

H.M. Dunn Aerosystems, Inc., is a manufacturer of aerospace structural components and assemblies with operations in Kansas, Texas, and Oklahoma. The company's capabilities include high-speed CNC machining, bonding, chemical milling, and finishing. The company specializes in small, medium and large-scale aircraft assemblies of varying complexity for the global commercial aerospace and defense industry.

Contact:

Mona Martin

HM Dunn AeroSystems, Inc.

316.977.8174

Philip Anderson

HM Dunn AeroSystems, Inc.

316-977-8110

https://ml.globenewswire.com/media/41f58267-0384-49fa-b2cd-228132a7317a/small/logo-hmd-aerosystems-jpg.jpg

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