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Triumph Group Reports Qtrly SHR Loss of $1.27
Triumph And Boeing Restructure And Extend Systems Contracts
Triumph Group Expands Aerospace Structures Divestitures To Arlington Capital Partners With Sale Of Its Red Oak Texas Operations
Triumph Group, Inc. designs, engineers, manufactures, repairs and overhauls a broad portfolio of aerospace and defense systems, components and structures. The Company serves the global aviation industry, including original equipment manufacturers and the full spectrum of military and commercial aircraft operators. The Company’s Triumph Systems & Support business unit provides design, development and support of internally designed components, subsystems and systems, as well as production of complex assemblies using external designs, which includes hydraulic, mechanical and electromechanical actuation, power and control for landing gear, as well as a complete suite of aerospace gearbox solutions, including engine accessory gearboxes, helicopter transmissions, and fuel management, such as full authority digital electronic controls (FADEC).
Aerospace & Defense
899 Cassatt Rd Ste 210
Daniel J. Crowley
Chairman of the Board, President, Chief Executive Officer
James F. McCabe
Chief Financial Officer, Senior Vice President
Lance R. Turner
Chief Human Resource Officer, Senior Vice President
William C. Kircher
Executive Vice President - Customer Solutions and Support
Jennifer H. Allen
Senior Vice President, General Counsel, Secretary
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U.S. aero parts maker Triumph Group Inc <TGI.N> said it was furloughing about 2,300 employees across its U.S. and European plants for two to four weeks to cut capacity linked to Boeing <BA.N> commercial aircraft programs amid the coronavirus outbreak.
* TRIUMPH GROUP - CO'S FACTORIES WILL USE RESOURCES TO PRODUCE PERSONAL PROTECTIVE EQUIPMENT, COMPONENTS FOR OXYGEN DISTRIBUTORS FOR FIRST RESPONDERS
Spirit Aerosystems <SPR.N>, Boeing Co's largest supplier, is temporarily suspending production for the airplane maker at many of its facilities in the United States for two weeks, as the global coronavirus pandemic saps demand across the industry.
Canada's Bombardier Inc <BBDb.TO> said on Thursday it will buy a wing manufacturing unit from aircraft parts supplier Triumph Group <TGI.N> to boost its business jets program.
Canada's Bombardier Inc said on Wednesday it will buy a wing manufacturing unit from aircraft parts supplier Triumph Group to boost its business jets program.
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