SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported): September 22, 1997 _____________________ Exact Name of Registrant as Specified in Its Charter: DDL ELECTRONICS, INC. ______________________________ DELAWARE 1-8101 33-0213512 _____________________________ ____________ _________________ State or Other Jurisdiction of Commission I.R.S. Employer Incorporation or Organization File Number Identification No. Address of Principal Executive Offices: 2151 Anchor Court Newbury Park, CA 91320 _________________________ Registrant's Telephone Number, Including Area Code: (805) 376-9415 _________________________ Former Name or Former Address, if Changed Since Last Report: Not applicable _________________________ Item 5. Other Events. In a press release dated September 26, 1997, a copy of which is attached as Exhibit 99.1, DDL Electronics, Inc. ("DDL") announced that DDL has commenced litigation against Century Electronics Manufacturing, Inc. ("Century") over Century's breach of a financing agreement entered into in May 1997. Under the agreement, Century agreed to provide a loan to DDL of up to $3.3 million by June 1, 1997 for the retirement of certain short-term debt of DDL. Such financing was not made available by Century. On June 30, 1997, DDL obtained alternate financing, which enabled it to repay its short-term debt. DDL's complaint includes claims for breach of contract and fraud, and seeks $5,000,000 in actual damages plus punitive damages. The complaint was filed in the Superior Court of the State of California for the County of Ventura on September 22, 1997. Century has not yet answered the complaint or made an appearance in the case. Item 7. Exhibits. Exhibit Description _______ ____________ 99.1 Press release dated September 26, 1997. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. DDL ELECTRONICS, INC. September 29, 1997 /s/ Richard K. Vitelle _________________________________ ___________________________________ Date Richard K. Vitelle Vice President - Finance (Principal Financial Officer)