LATEST NEWS
Triumph Group, Inc., (TRIUMPH) [NYSE:TGI] Systems, Electronics and Controls announced today it has extended its agreement as a strategic supplier to BAE Systems and the US Army in support of the M777 Lightweight Howitzer platform supplying critical spare Primer Feed Mechanism components. Since 2022, TRIUMPH has shipped 2,365 units and have 938 units on order including the more recent award of an additional 525 units. "Our continuing partnership affirms TRIUMPH's commitment to delivering battle-proven solutions that enhance the performance and reliability of critical defense systems. Continuing our support for the Howitzer artillery platform, we remain dedicated to providing precision-engineered components that meet the highest standards of quality and durability for the warfighter," said Justin Wolfanger, President, TRIUMPH Systems, Electronics and Controls. TRIUMPH Systems, Electronics and Controls designs, develops, manufactures, repairs, and overhauls a broad portfolio of aviation
Triumph Group, Inc. (NYSE: TGI) ("TRIUMPH" or the "Company") today reported financial results for its third quarter of fiscal 2025, which ended December 31, 2024. Third Quarter Fiscal 2025 Net sales of $315.6 million; sales growth of 11%
Operating income of $39.3 million with operating margin of 12%; adjusted operating income of $45.7 million with adjusted operating margin of 14%
Income from continuing operations of $14.6 million, or $0.19 per diluted share; adjusted income from continuing operations of $21.0 million, or $0.27 per share
Adjusted EBITDAP of $55.5 million with Adjusted EBITDAP margin of 18%
Cash flow from operations of $33.1 million and free cash flow of $32.3 million "TRIUMPH achieved 18% EBITDAP margins in its eleventh consecutive quarter of year-over-year sales growth," said Dan Crowley, TRIUMPH's chairman, president and chief executive officer. "Commercial and military aftermarket sales from our IP-based
TRIUMPH Shareholders to Receive $26.00 in Cash Per Share Triumph Group, Inc. (NYSE: TGI) ("TRIUMPH" or the "Company") today announced that it has entered into a definitive agreement under which affiliates of growth-focused private equity firms Warburg Pincus and Berkshire Partners will acquire TRIUMPH through a newly formed entity for a total enterprise value of approximately $3 billion. Upon completion of the transaction, TRIUMPH will become a privately held Company, jointly controlled by Warburg Pincus and Berkshire Partners. Under the terms of the agreement, TRIUMPH shareholders will receive $26.00 per share in cash. The purchase price represents a premium of approximately 123% over the Company's unaffected closing stock price 1 and a premium of approximately 58% over the volume weighted average price (VWAP) of TRIUMPH common stock for the 90 days prior to January 31, 2025. "We are pleased to have reached this agreement, which reflects the culmination of the Board's robust process