WHO WE AREPRODUCTSSERVICESCOMPANIESCAREERSINVESTOR RELATIONSSUSTAINABILITY

Your Partner in the Aircraft Lifecycle

LATEST NEWS

TRIUMPH UPDATES FINANCIAL GUIDANCE FOR FULL YEAR FISCAL 2024

Triumph Group, Inc. (NYSE: TGI) ("TRIUMPH" or the "Company") announced today that it has updated its financial guidance for its full year fiscal 2024, which ends March 31, 2024, in conjunction with the recent closing on the sale of its former Product Support business and the related expected paydowns of its debt. The updated cash guidance includes the cash flows from the Product Support business through February 29, 2024, as well as reflects certain cash outflows related to the transaction, including transaction fees and taxes, the timing of interest and accelerated employee related obligations of the divested operations, which are expected to be paid in March 2024, along with modest working capital timing impacts on the continuing operations. Full Year Fiscal 2024 Guidance Reaffirming net sales of $1.17 billion to $1.20 billion Reaffirming operating income of $100.0 million to $110.0 million Reaffirming adjusted EBITDAP of $157.0 million to $167.0 million Updating cash flow used in

TRIUMPH COMPLETES SALE OF PRODUCT SUPPORT BUSINESS TO AAR

Triumph Group, Inc. (NYSE: TGI) ("TRIUMPH" or the "Company") announced today that it has completed the sale of its Product Support business to AAR CORP. (NYSE: AIR).  The transaction is valued at $725 million, and the net after-tax proceeds are expected to be approximately $700 million, which will primarily be used for debt reduction. The Product Support business is an industry leader in the Maintenance, Repair and Overhaul (MRO) of structures and airframe and engine accessories, servicing both the commercial and military aftermarkets across five primary locations. "We are pleased to complete this transformative divestiture which delivers immediate and substantial value to TRIUMPH and our stakeholders. This transaction enables TRIUMPH to greatly accelerate our deleveraging progress while placing our third-party Product Support business with a market-leading MRO company that has a proven track record of customer support," said Dan Crowley, TRIUMPH's chairman, president, and chief

TRIUMPH AWARDED CONTRACT FROM MD HELICOPTERS ON MD500

Triumph Group, Inc., (TRIUMPH) [NYSE:TGI] today announced that its Geared Solutions business in Macomb, Michigan has been awarded a long term agreement from MD Helicopters to manufacturer and assemble main rotor gearbox transmissions for the MD500 platforms. TRIUMPH has supported MD Helicopters for over two decades, producing over 400 gearboxes for this program. With this contract extension, TRIUMPH will continue to supply helicopter transmissions and transmission spare parts for the MD500 program. "TRIUMPH Geared Solutions is pleased to be extending our long-standing relationship with MD Helicopters, supplying main rotor transmissions and spare transmission parts in support of their fleet of 1,700 MD500-series helicopters," said Pete Gibson, President of TRIUMPH Geared Solutions. "The growing demand for helicopter orders is evidence of the leadership and operational performance at MD Helicopters, and we are proud to be partner with them as they increase production rates up to 30 per

OPERATIONAL COMPANIES

TRIUMPH is a global leader in the aerospace industry, offering design, production and service for aircraft systems and components. This includes actuation, fuel systems, hydraulics, gears solutions, MRO services or OEMs and carriers. Our five Operating Companies cover the full spectrum of aircraft, and align our talent, operations and go-to-market strategies with our customers’ needs.

Actuation Products and Services

Actuation Products and Services

Geared Solutions

Geared Solutions

Interiors

Interiors

Product Support

Product Support

Systems, Electronics, and Controls

Systems, Electronics, and Controls

Services

TRIUMPH offers an extensive portfolio of maintenance, repair and overhaul solutions. From servicing our own products to being a third-party MRO business that supports the military, commercial and regional markets, TRIUMPH brings a new level of excellence to the aerospace industry.

Services

linkedIn-logo
© Copyright 2022 - Triumph Group All Rights Reserved