LATEST NEWS
TRIUMPH ANNOUNCES NOTICE TO WARRANT HOLDERS OF INTENDED REDEMPTION
Triumph Group, Inc. ("TRIUMPH" or the "Company") (NYSE:TGI) today announced that, pursuant to the terms of the warrants ("Warrants") it previously issued, the Company intends to issue a notice of redemption to all Warrant holders on or about June 16, 2023. Warrant holders continue to be able to choose to exercise their Warrants with Designated Notes (as defined below) or cash. After the close of business on the date notice of redemption is issued, such holders will only be able to exercise their Warrants with cash until the redemption date. The redemption date will be stated in the notice of redemption and will not be less than 20 calendar days after such notice. This press release does not constitute a notice of redemption of the Warrants. On December 1, 2022, TRIUMPH issued the Warrants to all holders of its common stock ("Common Stock"). Each Warrant represents the right to purchase one share of Common Stock at an exercise price of $12.35 per Warrant, subject to certain
TRIUMPH AWARDED MOST IMPROVED SUPPLIER OF THE YEAR
Triumph Group, Inc. (TRIUMPH) [NYSE:TGI] is pleased to announce that its Product Support facility in Wellington, Kansas has been awarded the 2022 Most Improved Supplier from Collins Aerospace Power & Controls. In 2021, TRIUMPH Product Support became Collins Aerospace's sole Maintenance, Repair and Overhaul (MRO) supplier on select air cycle machines. TRIUMPH expanded their capabilities, processes, and supply chain infrastructure to support Collins increased demand and turnaround time requirements. "The 2022 Most Improved Supplier Award from Collins Aerospace is a reflection of TRIUMPH's unique capabilities in complex aircraft component overhaul and our team's commitment to improve quality and turn around," said Jim Berberet, President of TRIUMPH Product Support. "The team will continue to support Collins and all TRIUMPH customers with the highest quality, performance, and service in the industry." TRIUMPH Product Support provides maintenance, repair, and overhaul (MRO) services
TRIUMPH ADVANCES BOARD REFRESHMENT
Triumph Group, Inc. (NYSE: TGI) ("TRIUMPH" or the "Company") today announced the following changes to its Board of Directors as part of the Board's ongoing refreshment program: Patrick E. Allen has been nominated as an independent director for election at the Company's 2023 Annual Meeting of Stockholders (the "Annual Meeting"). Beginning today, Mr. Allen will serve as a non-voting Board Observer until he is elected to the TRIUMPH Board. In connection with a cooperation agreement (the "Agreement") with Vision One Management Partners, LP ("Vision One"), Courtney R. Mather , CEO and CIO of Vision One, has also been nominated as an independent director for election at the Annual Meeting. Beginning today, Mr. Mather will serve as a non-voting Board Observer until he is elected to the TRIUMPH Board. General Larry O. Spencer will retire from the TRIUMPH Board, effective as of the Annual Meeting, following 5 years of service, including significant contributions made as Chair of the Board's
TRIUMPH ANNOUNCES NOTICE TO WARRANT HOLDERS OF INTENDED REDEMPTION
Triumph Group, Inc. ("TRIUMPH" or the "Company") (NYSE:TGI) today announced that, pursuant to the terms of the warrants ("Warrants") it previously issued, the Company intends to issue a notice of redemption to all Warrant holders on or about June 16, 2023. Warrant holders continue to be able to choose to exercise their Warrants with Designated Notes (as defined below) or cash. After the close of business on the date notice of redemption is issued, such holders will only be able to exercise their Warrants with cash until the redemption date. The redemption date will be stated in the notice of redemption and will not be less than 20 calendar days after such notice. This press release does not constitute a notice of redemption of the Warrants. On December 1, 2022, TRIUMPH issued the Warrants to all holders of its common stock ("Common Stock"). Each Warrant represents the right to purchase one share of Common Stock at an exercise price of $12.35 per Warrant, subject to certain
TRIUMPH AWARDED MOST IMPROVED SUPPLIER OF THE YEAR
Triumph Group, Inc. (TRIUMPH) [NYSE:TGI] is pleased to announce that its Product Support facility in Wellington, Kansas has been awarded the 2022 Most Improved Supplier from Collins Aerospace Power & Controls. In 2021, TRIUMPH Product Support became Collins Aerospace's sole Maintenance, Repair and Overhaul (MRO) supplier on select air cycle machines. TRIUMPH expanded their capabilities, processes, and supply chain infrastructure to support Collins increased demand and turnaround time requirements. "The 2022 Most Improved Supplier Award from Collins Aerospace is a reflection of TRIUMPH's unique capabilities in complex aircraft component overhaul and our team's commitment to improve quality and turn around," said Jim Berberet, President of TRIUMPH Product Support. "The team will continue to support Collins and all TRIUMPH customers with the highest quality, performance, and service in the industry." TRIUMPH Product Support provides maintenance, repair, and overhaul (MRO) services
TRIUMPH ADVANCES BOARD REFRESHMENT
Triumph Group, Inc. (NYSE: TGI) ("TRIUMPH" or the "Company") today announced the following changes to its Board of Directors as part of the Board's ongoing refreshment program: Patrick E. Allen has been nominated as an independent director for election at the Company's 2023 Annual Meeting of Stockholders (the "Annual Meeting"). Beginning today, Mr. Allen will serve as a non-voting Board Observer until he is elected to the TRIUMPH Board. In connection with a cooperation agreement (the "Agreement") with Vision One Management Partners, LP ("Vision One"), Courtney R. Mather , CEO and CIO of Vision One, has also been nominated as an independent director for election at the Annual Meeting. Beginning today, Mr. Mather will serve as a non-voting Board Observer until he is elected to the TRIUMPH Board. General Larry O. Spencer will retire from the TRIUMPH Board, effective as of the Annual Meeting, following 5 years of service, including significant contributions made as Chair of the Board's
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
