Category: Press Release

BERWYN, Pa. – November 8, 2022 – Triumph Group, Inc. (NYSE: TGI) (“TRIUMPH” or the “Company”) today reported financial results for its second quarter of fiscal 2023, which ended September 30, 2022.

BERWYN, Pa., Nov. 7, 2022 /PRNewswire/ — Triumph Group (TRIUMPH) [NYSE:TGI] today announced that its Product Support business in Hot Springs, Arkansas has been awarded business from a major US mainline operator to perform shipset maintenance for Passenger Service Units (PSU), pilot and flight attendant seats for the 737NG aircraft that are going through interior modification. This business will extend over the next twelve months.

BERWYN, Pa., November 1, 2022 – Triumph Group, Inc., (TRIUMPH) [NYSE:TGI] recently announced that its TRIUMPH Systems, Electronics and Controls business in West Hartford, Connecticut has received a production contract from a major engine Original Equipment Manufacturer (OEM) for its first Auto Feather Unit (AFU) to be used on the ATR72 family of aircraft. The AFU’s prime function is to provide torque signal conditioning and automatic propeller feathering during takeoff.  The order includes four hundred AFU’s over the next two years, with expected future orders of three hundred per year with a retrofit upgrade of approximately 2,000 fielded aircraft.

“TRIUMPH is very pleased to continue our long-standing position as the OEM for the Lockheed Martin F-16 brake manifold assembly,” said Mike Boland, President of TRIUMPH Actuation Products & Services.  “The F-16 is one of the most proven and mission-capable aircraft in use today for countries around the world, and TRIUMPH is proud to continue our role on the program by providing production hardware and operational support for the global fleet.”

Berwyn, PA – October 19, 2022 – Triumph Group, Inc. (NYSE: TGI) will release second quarter fiscal year 2023 earnings on November 8, 2022 and will host a conference call that day at 8:30 a.m. ET. A slide presentation will be included with the audio portion of the webcast.

Sanad, a global industrial services leader with over 30 years’ experience in the aerospace sector, wholly owned by Abu Dhabi’s Mubadala Investment Company PJSC (Mubadala), has entered into an exclusive framework agreement with TRIUMPH Product Support – Grand Prairie, a leading provider of third party engine accessory maintenance, repair and overhaul (MRO) services, wholly owned by Triumph Group, Inc. (TRIUMPH) [NYSE: TGI], to perform engine accessory MRO services on V2500 engines serviced by Sanad.

BERWYN, Pa., September 27, 2022 – Triumph Group, Inc. (NYSE:TGI) (“TRIUMPH” or the “Company”)  today announced that Cynthia M. Egnotovich has joined its Board of Directors as an independent director, effective September 22, 2022. With this addition, TRIUMPH’s board has expanded to nine directors, eight of whom are independent, and five of whom have been appointed to the Board in the last five years.

BERWYN, Pa., September 22, 2022 – Triumph Group, Inc., (TRIUMPH) [NYSE:TGI] and NAVSUP have entered into an agreement to provide Pylon Conversion Actuators (PCA) spare units for the V-22 Osprey, a U.S. Navy tiltrotor military aircraft.  The V-22 Osprey combines the functionality of a helicopter and the long-range and speed of a turboprop aircraft.  The units will be designed and manufactured at TRIUMPH Geared Solutions in Park City, Utah.

BERWYN, Pa. – September 15, 2022 – Triumph Group (TRIUMPH) [NYSE:TGI] today announced that its Product Support business in Chonburi, Thailand, (TASA) has completed an extension with global aircraft manufacturer Airbus, to continue TRIUMPH’s long-standing provision of repair station services for Airbus Proprietary Parts, managed by Satair, an Airbus services company and world leader in the commercial aerospace aftermarket.

BERWYN, Pa August 31, 2022 – Triumph Group, Inc. (TRIUMPH) [NYSE:TGI] announced that its Actuation Products and Services business has been awarded a ten year contract from Diehl Aviation to manufacture fluid flow controls. These components are used on board passenger aircraft such as the Airbus A320 and A330. TRIUMPH has performed this work at their location in Heiligenhaus, Germany facility since 2008.