Triumph Transformation

Deliver on Commitments • Become Predictably Profitable • Drive Organic Growth

 

Triumph Group is transforming in order to succeed in today’s increasingly competitive and global marketplace. Implementation of the “One Triumph” operating philosophy sharpens the company’s focus, leverages our scale, and equips us to improve performance and better meet customer commitments. The transformation ensures Triumph will continue to be a global aerospace leader.

As part of the transformation, we are simplifying our business and defining and implementing a performance-oriented organization and culture centered around three key imperatives delivering on commitments, becoming predictably profitable and driving organic growth.

This transformation will enable Triumph Group to better serve its customers and provide quality jobs for employees and value to our investors. The “One Triumph” transformation includes consolidating the business and reducing costs, creating centers of excellence, the operationalization of four business units and the launch of simplified customer interfaces.

“We are now implementing our transformation as we take decisive action to improve execution, reduce costs and operate as an integrated enterprise as part of an overall effort to drive value…We remain confident in our strategic plan and the path we are taking to position Triumph for long-term success.”

Dan Crowley, President and CEO, Triumph Group

 

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July 12, 2016 | 12:00 AM | Transformation News