Triumph Group Selected to Design and Build Wings for New Bombardier Global 7000* and Global 8000* Aircraft Program
WAYNE, Pa., May 17, 2011 (BUSINESS WIRE) -- Triumph Group, Inc. (NYSE:TGI) today announced that its subsidiary, Triumph Aerostructures-Vought Aircraft Division, has been selected by Bombardier to design and build the wing for the new Global 7000* and Global 8000* large, ultra long-range business jets. The company will provide the all new high speed transonic wing designed to significantly optimize aerodynamic efficiency from its Dallas, Texas facility.
Richard C. Ill, Triumph's Chairman and Chief Executive Officer, said, "We are extremely pleased to be selected by Bombardier to build the wings for these groundbreaking aircraft. We believe Triumph's experience in designing and manufacturing integrated aircraft structures and our ability to provide cost effective solutions enabled us to win this program. We view this award as a significant milestone in our excellent relationship with Bombardier and look forward to supporting this program."
Triumph Aerostructures-Vought Aircraft Division designs, tests and manufactures aerostructures for commercial, military and business jet aircraft. Products include fuselages, wings, empennages, nacelles and helicopter cabins.
Triumph Group, Inc., headquartered in Wayne, Pennsylvania, designs, engineers, manufactures, repairs and overhauls a broad portfolio of aerostructures, aircraft 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 www.triumphgroup.com.
Statements in this release which are not historical facts are forward-looking statements under the provisions of the Private Securities Litigation Reform Act of 1995. All forward-looking statements involve risks and uncertainties which could affect the company's actual results and could cause its actual results to differ materially from those expressed in any forward looking statements made by, or on behalf of, the company. Further information regarding the important factors that could cause actual results to differ from projected results can be found in Triumph's reports filed with the SEC, including our Annual Report on Form 10-K for the year ended March 31, 2010.
*Bombardier, Global 7000 and Global 8000 are trademarks of Bombardier, Inc. or its subsidiaries.
SOURCE: Triumph Group, Inc.
Triumph Group, Inc.
Sheila G. Spagnolo