Press Release
Triumph Aerostructures, LLC Reaches Comprehensive Settlement with Bombardier
May 24, 2017 | 6:00 AM

BERWYN, Pa.–(BUSINESS WIRE)–May 24, 2017– Triumph Group, Inc.(NYSE:TGI) (“Triumph” or the “Company”) today announced that Bombardier Inc. and Triumph Aerostructures, LLC (“TAS” or “Vought”), a wholly-owned subsidiary of Triumph, have entered into a comprehensive settlement agreement that resolves all outstanding commercial disputes between them, including all pending litigation, related to the design, manufacture and supply of wing components for Bombardier’s Global 7000 business aircraft. Terms of the settlement were not disclosed…