April 8 (Reuters) - Aerospace and defense supplier

Ducommun ( DCO ) said on Monday it had received an unsolicited,

non-binding takeover interest from private investment firm

Albion River for $60 per share in cash.

Shares of Ducommun ( DCO ) were up about 15% in premarket trading.

The proposal, which is under review by the company's board,

is valued at $878.4 million, and represents a 23.5% premium to

the Ducommun ( DCO ) stock's last close. The company's current market

cap stands at $711.3 million.

California-based Ducommun ( DCO ) manufactures electronic and

electromechanical products for aerospace and defense and

industrial end-use markets.

The company, founded in 1849, assisted in the birth of the

aerospace industry in Southern California by providing aircraft

aluminum to early pioneers like Lindbergh, Douglas and Lockheed,

as per its website.

RBC Capital Markets is acting as a financial advisor to

Ducommun ( DCO ), while Simpson Thacher & Bartlett LLP act as legal

counsel.

(Reporting by Abhinav Parmar in Bengaluru; Editing by Anil

D'Silva and Shailesh Kuber)