8-K

               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):     June 30, 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 July 2, 1997, a copy of which is attached as 
Exhibit 99.1, DDL Electronics, Inc. ("DDL") announced the repayment in full 
of its 10% Senior Secured Notes due July 1, 1997 (the "Senior Notes") in 
the aggregate amount of $5.3 million.  Of the funds used to repay the 
Senior Notes, $2.0 million was borrowed from a private investor (the 
"Investor") on June 30, 1997 as evidenced by a convertible promissory note 
and term sheet, copies of which are attached as Exhibits 4.1 and 4.2, 
respectively.  The promissory note is secured by all of the outstanding 
shares of SMTEK, Inc., a subsidiary of DDL, pursuant to a collateral 
security stock pledge agreement, a copy of which is attached as Exhibit 
4.3.  DDL also agreed to give the Investor two seats on its Board of 
Directors.  Concurrently with all of the foregoing, DDL agreed to acquire 
all of the issued and outstanding shares of Jolt Technology, Inc., a 
privately-held electronics manufacturing company controlled by the 
Investor, for nine million shares of DDL's common stock pursuant to a term 
sheet, a copy of which is attached as Exhibit 2.1. The acquisition of Jolt 
Technology, Inc. is subject to executing a definitive agreement, obtaining 
a fairness opinion on the transaction, and obtaining the approval of DDL's 
stockholders.



Item 7. Exhibits.
     
         Exhibit             Description
         _______             ____________
           2.1               Jolt Technology Inc. Acquisition Term
                             Sheet dated June 30, 1997.

           4.1               $2.0 million secured convertible
                             promissory note dated June 30, 1997

           4.2               Convertible Debt Term Sheet

           4.3               Collateral Security Stock Pledge
                             Agreement dated June 30, 1997.

          99.1               Press release dated July 2, 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.


         July 9, 1997                   /s/ Richard K. Vitelle   
_________________________________       ___________________________________
           Date                         Richard K. Vitelle 
                                        Vice President - Finance
                                        (Principal Financial Officer) 

EX-2

                                                            EXHIBIT 2.1

              JOLT TECHNOLOGY INC. ACQUISITION TERM SHEET               


     When signed by all parties, this Term Sheet will memorialize the 
terms and conditions of a binding agreement between Thomas M. Wheeler 
("Wheeler") and DDL Electronics, Inc. ("DDL") as to all of the terms 
herein set forth. This agreement may be supplemented by additional 
definitive agreements, instruments and other documents including terms 
and conditions customary in transactions of this nature but not 
inconsistent herewith.  The terms set forth herein shall not be further 
modified or negotiated without the consent of both parties and shall be 
included in the definitive agreements.


1.     DDL will acquire all of the issued and outstanding shares of Jolt 
Technology, Inc. in exchange for nine million shares of DDL common 
stock.

2.     Registration Requirement:     DDL will register these shares on 
the next available registration of stock, but not later than twelve 
months from closing. 

3.     Lock-up Period:     A lock-up period of three months from closing 
will be established in the final documents.

4.     Closing:     This transaction will close as soon as possible 
after approval of the issuance of the 9 million shares of common stock 
by DDL stockholders.  Stockholder approval will be requested at the next 
scheduled stockholder meeting.  Management and the Board of Directors 
agree to support stockholder approval.  If stockholder approval is not 
obtained, this transaction shall terminate without liability to either 
party.

5.     Jolt will have at closing, book value of at least $1.5 million of 
which not less than $600,000 will be in cash.  There will be no 
shareholder debt on the Company's books.

6.     DDL will seek a fairness opinion for this transaction.  If such 
an opinion cannot be obtained after reasonable attempts to do so in 
which representatives of Jolt may participate this transaction shall 
terminate without liability to either party.

7.     If it is determined that the consummation of this transaction 
will violate any securities laws or regulations or the rules of the New 
York Stock Exchange, this transaction shall terminate without liability 
to either party.

Agreed as of June 30, 1997:

DDL ELECTRONICS, INC.



By:         /s/Gregory L. Horton
            ______________________________
            Gregory L. Horton
            President & CEO



/s/Thomas M. Wheeler
______________________________________
Thomas M. Wheeler





/s/Charlene Ann Gondek
______________________________________
Charlene Ann Gondek

EX-4

                                                             EXHIBIT 4.1

NEITHER THIS NOTE, NOR THE SECURITIES BY WHICH THIS NOTE HAS BEEN 
SECURED, NOR THE SECURITIES INTO WHICH IT IS CONVERTIBLE HAVE BEEN 
REGISTERED WITH THE SECURITIES AND EXCHANGE COMMISSION UNDER THE 
SECURITIES ACT OF 1933 OR WITH ANY STATE SECURITIES COMMISSIONER OR 
AUTHORITY AND MAY NOT BE SOLD OR OTHERWISE DISPOSED OF EXCEPT PURSUANT 
TO AN EFFECTIVE REGISTRATION STATEMENT UNDER SUCH ACT AND APPLICABLE 
STATE SECURITIES LAWS OR AN APPLICABLE EXEMPTION TO THE REGISTRATIONS 
REQUIREMENTS OF SUCH ACT OR SUCH LAWS.




                         SECURED, FULL RECOURSE,
                      CONVERTIBLE, NON-NEGOTIABLE
                            PROMISSORY NOTE


Los Angeles, California
June 30, 1997                                       $2,000,000.00 


     FOR VALUE RECEIVED, DDL ELECTRONICS, INC., a Delaware Corporation 
("Maker" or "DDL") promises to pay to THOMAS M. WHEELER, ("Holder"), the 
principal sum of Two Million and No/100 Dollars ($2,000,000.00), 
together with interest on the principal amount outstanding from the date 
of this Note, until paid, at the rate of eight percent (8.0%) per annum.  
Principal and interest shall be payable in lawful money of the United 
States at Los Angeles, California, or any other place as the Holder 
hereof may designate in writing to Maker. 

     All interest will be calculated on the basis of a three hundred and 
sixty five (365) day year.  The principal of this Note and all accrued 
interest shall be due and payable in full on August 31, 1998.

     Any and all payments shall be applied first to accrued interest, 
and the remainder, if any, to reduction of principal.  If any 
installment of principal or interest is not paid within fifteen (l5) 
days after mailing of written notice to Maker that the installment is 
due and has not been paid or upon any default in the performance of any 
of the covenants or agreements of this Note, the Convertible Debt Term 
Sheet of even date herewith, or any instrument now or hereafter 
evidencing or securing this Note or the obligation represented hereby, 
the entire indebtedness (including principal and interest) remaining 
unpaid shall, at the option of the Holder, become immediately due, 
payable and collectable. The principal, or any installment of principal, 
and overdue interest shall bear interest at the maximum rate permitted 
by law from maturity until paid, accruing at such rate even after entry 
of final judgment for payment of same.

     Each Maker, and endorser of this Note severally waives notice of 
dishonor, protest, and notice of protest of this Note, and all 
requirements necessary to hold each of them liable as makers and 
endorsers.

     Each Maker, and endorser further agrees jointly and severally, to 
pay all costs of collection, including reasonable attorneys' fees and 
disbursements of Holder (including fees on appeal) in case the principal 
or any interest of this Note is not paid when due, or in case it becomes 
necessary to protect the security hereof, whether suit be brought or 
not. 

     This Note is issued pursuant to and secured by a Stock Pledge 
Agreement, of even date herewith, and all of the terms and conditions 
set forth in the Stock Pledge Agreement are hereby made a part of this 
Note.

     This Note is issued pursuant to and in reliance upon that certain 
Convertible Debt Term Sheet of even date herewith, and all of the terms 
and conditions set forth in the Stock Pledge Agreement are hereby made a 
part of this Note.  A breach of any obligation created by said document 
shall constitute a breach of DDL's obligations under this Note and shall 
result in the acceleration of any amounts due hereunder.

     The Holder of this Note may, at any time elect to convert all, but 
not less than all, of the unpaid principal and accrued interest due 
under this note into one (1) share of the unregistered common stock of 
DDL for each seventy five cents ($0.75) of principal and accrued 
interest outstanding as of the date that the shares are issued and 
delivered to the Holder.  Other than securities offered to officers and 
directors, in the event that at any time prior to repayment of this Note 
DDL shall offer to sell any equity securities of any kind for cash, to 
any party, it shall first offer to Holder the right to acquire all or 
any part of such securities on the same terms and conditions as are 
proposed to the other party.  Holder shall have 5 business days from the 
presentation of any such proposal to exercise this right of first 
refusal.  This provision shall not apply to securities issued in 
connection with the acquisition of a company by DDL.

     Any and all shares issued pursuant to the conversion right herein 
set forth shall be registered pursuant to the Securities Act of 1933 as 
part of the first registration of securities made by DDL subsequent to 
issuance of said shares, and in any event, within twelve (12) months 
following such issuance.

     This Note may be prepaid by DDL at any time after September 30, 
1997, by giving DDL at least thirty (30) days advance written notice to 
Holder of the intention to prepay.  At any time during said thirty (30) 
day notice period Holder may elect to exercise the conversion rights set 
forth herein and convert the principal and accrued interest due 
hereunder into common stock of DDL.  DDL shall have the right on the 
maturity date of this Note to pay up to $1,000,000 of the principal 
amount of this Note in common stock of DDL valued at $0.75 per share and 
subject to the same terms and conditions relating to registration as 
herein set forth.

     In addition to the acceleration rights set forth hereinabove, the 
Holder hereof shall be entitled to accelerate the entire unpaid balance 
and any accrued interest hereunder, forthwith as against the Maker 
hereof and any endorsers, upon the occurrence of any of the following 
events (a) in the event any party liable for the payment hereof shall 
make a general assignment for the benefit of creditors or if any 
bankruptcy, insolvency or reorganization proceeding of any nature under 
Federal or state statutes be commenced by or against any of them, or in 
the event a receiver shall be appointed, or a writ or order of 

attachment or garnishment be issued or made against any of the property, 
assets or income of any of them (b) failure of any party obligated 
hereunder to do all things necessary to preserve and maintain the value 
and collectability of any collateral now or hereafter securing the 
obligations created hereunder. 

     This Note shall be governed and construed in all respects in 
accordance with the internal laws of the State of California, exclusive 
of its choice of laws principles, and the Maker hereby submits and 
consents to the personal jurisdiction of any court of competent subject 
matter jurisdiction therein for the sole and limited purpose of 
enforcing this Note. 

     The total charges for interest and in the nature of interest under 
this Note shall not exceed the maximum amount allowed by law.  Should 
any interest paid by Maker result in the computation or earning of 
interest in excess of the maximum lawful rate, any excess portion of 
such charges shall be credited against and in reduction of the principal 
balance, or any portion of the excess that exceeds the principal balance 
shall be refunded to the Maker.  No delay by the Holder in enforcing any 
covenant or right hereunder shall be deemed a waiver of such covenant or 
right and no waiver by the Holder of any particular provision  hereof 
shall be deemed a waiver of any other provisions or a continuing waiver 
of such particular provision and except as so expressly waived, all 
provisions hereof shall continue in full force and effect. 

     [SEAL]                         "Maker"
                                    DDL ELECTRONICS, INC.


                                    /s/Gregory L. Horton
                                    ______________________________
                                    By: GREGORY L. HORTON
                                    Its President 
ATTEST:


                                    /s/Richard K. Vitelle
                                    ______________________________
                                    By: 
                                    Its Secretary

EX-4

                                                             EXHIBIT 4.2

                       CONVERTIBLE DEBT TERM SHEET

When signed by all parties, this Term Sheet will memorialize the terms 
and conditions of a binding agreement between Thomas M. Wheeler 
("Wheeler") and DDL Electronics, Inc. ("DDL") as to all of the terms 
herein set forth.  This agreement may be supplemented by additional 
definitive agreements, instruments and other documents including terms 
and conditions customary in transactions of this nature but not 
inconsistent herewith.  The terms set forth herein shall not be further 
modified or negotiated without the consent of both parties and shall be 
included in the definitive agreements.

     1.     Wheeler's Advance:   Not later than June 30, 1997, Wheeler 
will advance $2 million to DDL in immediately available funds for the 
purpose of prepaying DDL's outstanding senior secured notes on June 30, 
1997. 

     2.     Convertible Note:   DDL will issue to Wheeler a secured non-
negotiable Convertible Note bearing simple interest, payable quarterly 
in arrears, at 8% per annum, maturing at August 31, 1998 unless the 
maturity thereof is accelerated pursuant to paragraph 3 below.  Subject 
to the prepayment option referred to in such paragraph 3, all (but not 
less than all) of such Convertible Note may at Wheeler's option be 
convertible at any time into DDL common stock until August 31, 1998 at a 
conversion price equal to $0.75 per share of such common stock, subject 
to antidilution adjustments.  

     3.     Prepayment Option:   Provisions will be included in the 
final documents for prepayment of the note any time after sixty days 
from closing.  Prepayment will require 30 days notice from DDL in which 
time Wheeler has first right of refusal to exercise his conversion 
rights at $0.75 per share in lieu of prepayment.

     4.     Security:   The note will be secured by a pledge of all of 
the outstanding common stock of SMTEK, Inc. as collateral.

     5.     Registration Requirement:   DDL will register the shares 
after conversion on the next available registration of stock, but not 
later than twelve months from conversion.  A lock-up period of three 
months from conversion will be established in the final documents.

     6.     Corporate Governance:   Wheeler will be given the right to 
select two representatives on DDL's Board of Directors immediately upon 
funding.  DDL will reconstitute its Board to make two Director positions 
available within the seven existing positions.  Gregory L. Horton and 
Richard K. Vitelle will remain on the Board.

Agreed as of June 30, 1997:

DDL ELECTRONICS, INC.


By:   /s/Gregory L. Horton                         /s/Thomas M. Wheeler
      __________________________________           _____________________
      Gregory L. Horton, President & CEO           Thomas M. Wheeler

EX-4

                                                            EXHIBIT 4.3

                          COLLATERAL SECURITY
                         STOCK PLEDGE AGREEMENT


     This AGREEMENT is made and entered into on June 30, 1997, by and 
between DDL ELECTRONICS, INC. ("Pledgor" and "Debtor"), and THOMAS M. 
WHEELER ("Pledgee" and "Creditor").

                               RECITALS

     At the time of the execution of this Agreement the Pledgee lent the 
Debtor, TWO MILLION DOLLARS ($2,000,000.00) evidenced by the promissory 
note of the Pledgor dated June 30, 1997.

     To induce the Pledgee to make the loan, the Pledgor has agreed to 
pledge certain stock to the Pledgee as security for the repayment of the 
loan.

     It is therefore agreed:

                                PLEDGE

1.     In consideration of the sum TWO MILLION DOLLARS ($2,000,000.00) 
lent to the Pledgor by the Pledgee, receipt of which is acknowledged, 
the Pledgor grants a security interest to the Pledgee in instruments of 
the following description:

         ALL OF THE ISSUED AND OUTSTANDING COMMON AND PREFERRED
    STOCK OF SMTEK, INC. A CALIFORNIA CORPORATION, EVIDENCED BY
    CERTIFICATE NUMBER 50 STANDING IN THE NAME OF DDL ELECTRONICS,
    INC. AND REPRESENTING 250,000 SHARES OF THE COMMON STOCK OF
    SMTEK, INC.

     Said certificates shall be duly endorsed in blank and delivered to 
the Pledgee with this Agreement.  The Pledgor appoints the Pledgee as 
his attorney-in-fact to arrange for the transfer of the pledged shares 
on the books of the issuer to the name of the Pledgee.  The Pledgee 
shall hold the pledged shares as security for the repayment of the loan, 
and shall not encumber or dispose of the shares except in accordance 
with the provisions of Paragraph 8 of this Agreement.

                               DIVIDENDS

2.     During the term of this pledge, all dividends and other amounts 
received by the Pledgee as a result of the Pledgee's record ownership of 
the pledged shares shall be applied to the payment of the principal and 
interest on the loan.  This provision shall not apply to intercompany 
transfers in the ordinary course of business.

                             VOTING RIGHTS

3.     During the term of this pledge, and as long as the Pledgor is not 
in default in the performance of any of the terms of this Agreement or 
in the payment of the principal or interest of the loan, the Pledgor 
shall have the right to vote the pledged shares on all corporate 
questions.  The Pledgee shall execute due and timely proxies in favor of 
the Pledgor to this end.

                            REPRESENTATIONS

4.     The Pledgor warrants and represents that there are no 
restrictions on the transfer of any of the pledged shares, other than 
may appear on the face of the certificates and that the Pledgor has the 
right to transfer the shares free of any encumbrances.

                              ADJUSTMENT

5.     In the event that, during the term of this pledge, any share 
dividend, reclassification, readjustment, or other change is declared or 
made in the capital structure of the company that has issued the pledged 
shares, all new, substituted, and additional shares or other securities 
issued by reason of any change shall be held by the Pledgee in the same 
manner as the shares originally pledged under this Agreement.

                           WARRANTS AND RIGHTS

6.     In the event that during the term of this pledge, subscription 
warrants or any other rights or options shall be issued in connection 
with the pledged shares, the warrants, rights, and options shall be 
immediately assigned to the Pledgee by the Pledgor, and if exercised by 
the Pledgor, all new shares or other securities so acquired by the 
Pledgor shall be immediately assigned to the Pledgee to be held in the 
same manner as the shares originally pledged under this Agreement.

                            PAYMENT OF LOAN

7.     On payment at or before maturity of the principal and interest of 
the loan, less amounts received and applied by the Pledgee in reduction 
of the loan, the Pledgee shall transfer to the Pledgor all the pledged 
shares and all rights received by the Pledgee as a result of the 
Pledgee's record ownership of the pledged shares.

                               DEFAULT

8.     In the event that the Pledgor defaults in the performance of any 
of the terms of this Agreement, or in the payment at maturity of the 
principal or interest of the loan, the Pledgee shall have the rights and 
remedies provided in the California Commercial Code.  In this 
connection, the Pledgee may, on five days' written notice to the Pledgor 
and without liability for any diminution in price that may have 
occurred, sell all the pledged shares in the manner and for the price 
that the Pledgee may determine at either public or private sale.  At any 
bona fide public or private sale the Pledgee shall be free to purchase 
all or any part of the pledged shares.  In the event that Pledgee 
purchases the shares at a private sale, the minimum bid by the Pledgee 
shall be the then outstanding balance of principal and interest on the 
loan.  Out of the proceeds of any sale the Pledgee may retain an amount 
equal to the principal and interest then due on the loan, plus the 

amount of the expenses of the sale, and shall pay any balance of the 
proceeds of any sale to the Pledgor.  If the proceeds of the sale are 
insufficient to cover the principal and interest of the loan plus 
expenses of the sale, the Pledgor shall remain liable to the Pledgee for 
any deficiency in accordance with the provisions set forth in Commercial 
Code Section 9504.

DATED:  JUNE 30, 1997

     PLEDGOR                                  PLEDGEE
     DDL ELECTRONICS, INC.                    THOMAS M. WHEELER



/s/Gregory Horton                         /s/Thomas M. Wheeler
_________________________                 ________________________
GREGORY HORTON, PRESIDENT                 THOMAS M. WHEELER

EX-99

                                                           EXHIBIT 99.1

FOR IMMEDIATE RELEASE                             

From:  DDL Electronics, Inc.             Contact:  Rick Vitelle
       2151 Anchor Court                           Chief Financial Officer
       Newbury Park, California 91320              (805) 376-9415, ext. 142


                  DDL ELECTRONICS PAYS OFF $5.3 MILLION NOTES
            DDL also agrees to acquire a contract manufacturing company


     NEWBURY PARK, CA, July 2, 1997 -- DDL Electronics, Inc. (NYSE:DDL) 
announced today that it has repaid in full its 10% Senior Secured Notes due 
July 1, 1997 (the "Senior Notes") in the aggregate amount of $5.3 million. 
     To raise a portion of the funds needed to pay off the Senior Notes, DDL 
borrowed $2 million from a private investor (the "Investor") on June 30, 1997 
under an 8% promissory note which is convertible into DDL common stock at 
$0.75 per share (the "Convertible Note").  The shares which are issuable upon 
conversion have registration rights, but are subject to a three month lock-up 
period.  The Convertible Note matures August 31, 1998 and is secured by a 
pledge of all of the outstanding shares of SMTEK, Inc., DDL's U.S. operating 
subsidiary.   DDL also agreed to give the Investor two seats on its seven-
person Board of Directors. 
     Concurrent with entering into the Convertible Note, DDL agreed to acquire 
a privately-held electronics contract manufacturing company in Florida that is 
controlled by the Investor for nine million shares of DDL's common stock.  
This acquisition is subject to the approval of DDL's stockholders and to 
obtaining a fairness opinion on the transaction. 
     DDL is an independent provider of electronic manufacturing services 
("EMS") for electronic equipment manufacturers.  DDL also manufactures printed 
circuit boards ("PCBs") for use primarily in the computer, communications and 
instrumentation industries.  Its EMS facilities are located in Southern 
California and in Northern Ireland, and its PCB facilities are located in 
Northern Ireland. 
     Certain statements made above are forward-looking in nature and reflect 
DDL's current expectations and anticipated future plans.  Such statements 
involve various risks and uncertainties that could cause actual results to 
differ materially from those forecast in the statements.  Factors that might 
cause such differences would include, without limitation, the factors 
described as "Risk Factors" in DDL's Registration Statement on Form S-3 (No. 
333-02969) on file with the Securities and Exchange Commission. 


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