BERWYN, Pa.--(BUSINESS WIRE)--Apr. 25, 2018--
Triumph Group, Inc. (NYSE:TGI) announced today that it has reached an
agreement with Boeing to extend its current long-term agreement to
supply composite detail and assembly parts for the Boeing 787
Dreamliner. Under the agreement, Triumph Aerospace Structures’ business
based out of Milledgeville, Georgia will continue production of
composite parts for the 787, section 47/48 fuselage to be shipped
directly to Boeing’s North Charleston, South Carolina facility for
integration into the aft body section of the airplane.
“We are extremely pleased with our composites team in Milledgeville for
their staunch performance and commitment to customer service over the
years. This long-term extension award for composite parts at our
Milledgeville site supports our strategic initiative to drive organic
growth and build long-term stability for the company,” stated Pete Wick,
executive vice president of Triumph Aerospace Structures. “It is also an
integral step in further strengthening our partnership with Boeing.”
Since the original contract award in 2009, Triumph has provided
composite frame assemblies and details for more than 745 Dreamliner
airplanes. Triumph Group provides substantial content for the 787
program spanning cabin insulation, ducting, electric brake actuation,
actuation for cargo and landing gear doors, and main and nose landing
gear extension, in addition to composite and metal structural components
Triumph’s Milledgeville site serves as the company’s Center of
Excellence for composite work and assemblies. Its product lines include
acoustic engine nacelles, flight control surfaces and fuselage support
Triumph Group, Inc., headquartered in Berwyn, Pennsylvania, designs,
engineers, manufactures, repairs and overhauls a broad portfolio of
aircraft structures, components, accessories, subassemblies and systems.
The company serves a broad, worldwide spectrum of the aviation industry,
including original equipment manufacturers of commercial, regional,
business and military aircraft and aircraft components, as well as
commercial and regional airlines and air cargo carriers.
More information about Triumph can be found on the company’s website at http://www.triumphgroup.com.
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Source: Triumph Group, Inc.
Triumph Group, Inc.
Michele Long, 610-251-1000
G. Spagnolo, 610-251-1000
Vice President – Tax & Investor Relations