BERWYN, Pa. – March 6, 2019– Triumph Group, Inc. (NYSE:TGI) announced today the sale of Triumph Aviation Services – NAAS Division, Inc. (“NAAS”) to STS Aviation Group. The transaction is effective as of March 6, 2019. The division generated revenues of approximately $30 million in Triumph Group’s 2018 fiscal year, ending on March 31, 2018.
BERWYN, Pa. – March 5, 2019 – Triumph Group, Inc. (NYSE:TGI) announced today that its southeast Asian businesses, Triumph Aviation Services Asia (TASA) and Triumph Structures – Thailand (TST), have signed a comprehensive Memorandum of Understanding (MOU) with Thailand Civil Aviation Training Center (CATC), to work together to foster professional development of aviation talent in Thailand.
BERWYN, Pa. – February 21, 2019 – Triumph Group, Inc. (NYSE:TGI) today announced that its Board of Directors has declared a regular quarterly dividend of $0.04 per share on its outstanding common stock.
BERWYN, Pa. – February 7, 2019 – Triumph Group, Inc. (NYSE: TGI) (“Triumph” or the “Company”) today reported financial results for its third quarter of fiscal year 2019, which ended December 31, 2018.
BERWYN, Pa. – February 6, 2019 — Triumph Group, Inc. (NYSE:TGI) announced today that it has completed the transfer of the Global 7500 wing manufacturing operations and assets to Bombardier (TSX:BBD.B), as previously announced.
BERWYN, Pa. – February 5, 2019 – Triumph Group, Inc. (NYSE:TGI) announced today that its Product Support business unit was selected by a major U.S. airline to provide maintenance, repair and overhaul (MRO) services on heat transfer units for the carrier’s fleet. Under the new arrangement, the Wellington, Kansas based Triumph Accessory Services business will provide heat exchanger maintenance and repair support for the airline’s entire fleet of Airbus and Boeing aircraft.
BERWYN, Pa. – January 31, 2019 — Triumph Group, Inc. (NYSE:TGI) announced today that it will provide Airframe Mounted Accessory Drives (AMAD) and hydraulic systems to Saab for the Boeing T-X advanced pilot training jet. Saab, Boeing’s partner for the T-X program, responsible for the aft fuselage and the associated subsystems, named Triumph as the supplier to design, develop, manufacture, and provide aftermarket support for the AMAD and hydraulic systems.
BERWYN, Pa. – Jan. 28, 2019– Triumph Group, Inc. (NYSE:TGI) announced today a definitive agreement to sell Triumph Fabrications to Arlington Capital Partners. The operations included in the agreement are in Fort Worth, Texas; Hot Springs, Arkansas; Phoenix, Arizona; San Diego, California; and Shelbyville, Indiana.
BERWYN, Pa. – Jan. 24, 2019– Triumph Group, Inc. (NYSE:TGI) announced today a definitive agreement to sell its metallics machining operations to NWI Holdings, an affiliate of TECT Aerospace and TECT Power. TECT Aerospace manufactures complex aerostructure components, parts and assemblies from the full spectrum of traditional and aerospace alloys, and is headquartered in Wichita, Kansas. TECT Power, headquartered in Fort Mitchell, KY, is a leading provider of complex rotating and structural airfoil components for turbine engines used in commercial aerospace, business jet, defense and industrial markets.
BERWYN, Pa.– Jan. 24, 2019 — Triumph Group, Inc. (NYSE:TGI) announced today that it has entered into a definitive agreement to transfer the Global 7500 program (the ”transition” or “agreement”) to Bombardier (TSX:BBD.B). Under the terms of the agreement, Triumph will transition responsibility for the Global 7500 wing manufacturing operations and assets to Bombardier.