News Releases

News Releases

Date Title
Toggle Summary Triumph Group Declares Quarterly Dividend
BERWYN, Pa. --(BUSINESS WIRE)--Nov. 16, 2017-- Triumph Group, Inc. (NYSE:TGI) today announced that its Board of Directors has declared a regular quarterly dividend of $0.04 per share on its outstanding common stock. The dividend is payable December 15, 2017 to shareholders of record as of December
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Toggle Summary Triumph Group Reports Second Quarter Fiscal 2018 Results
Reaffirms Fiscal Year 2018 Guidance BERWYN, Pa. --(BUSINESS WIRE)--Nov. 8, 2017-- Triumph Group , Inc.  (NYSE: TGI) (“Triumph” or the “Company”) today reported financial results for its second quarter of fiscal year 2018, which ended September 30, 2017 .
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Toggle Summary Triumph Contract Extended to Support San Antonio Based Boeing Ground Support Operation
BERWYN, Pa. --(BUSINESS WIRE)--Nov. 6, 2017-- Triumph Group, Inc. (NYSE:TGI) announced today that its San Antonio based Product Support business was awarded a multi-year contract extension with Boeing to facilitate its ground support equipment (GSE) operation.
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Toggle Summary Triumph to Provide Main Landing Gear Rotary Actuators for the C-5 for the U.S. Air Force
BERWYN, Pa. --(BUSINESS WIRE)--Oct. 24, 2017-- Triumph Group, Inc. (NYSE: TGI) was recently awarded a two-year contract with Defense Logistics Agency (DLA) Aviation valued at $22.9 million to provide aftermarket spare rotary actuators for the main landing gear on the C-5 Galaxy aircraft used by the
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Toggle Summary Triumph Group to Webcast Second Quarter Fiscal Year 2018 Earnings Conference Call
Live Webcast scheduled for 8:30 a.m. ET on November 8 th BERWYN, Pa. --(BUSINESS WIRE)--Oct. 13, 2017-- Triumph Group, Inc. (NYSE: TGI) will release second quarter fiscal year 2018 earnings on November 8, 2017 and will host a conference call that day at 8:30 a.m. ET .
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Toggle Summary Triumph Agreement with MD Helicopters Extends Support for the MD 530F Cayuse Warrior
BERWYN, Pa. --(BUSINESS WIRE)--Oct. 9, 2017-- Triumph Group, Inc. (NYSE: TGI) congratulates MD Helicopters, Inc. (MDHI) on the recent contract awards from the U.S. Army for their Armed MD 530 Scout Attack Helicopters. MDHI was awarded a five-year indefinite delivery, indefinite quantity (IDIQ)
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Toggle Summary Triumph Signs Contract Extensions with Boeing for Ducting and Floor Panels
BERWYN, Pa. --(BUSINESS WIRE)--Sep. 21, 2017-- Triumph Group, Inc. (NYSE: TGI) signed an agreement with Boeing (NYSE:BA) to continue their longstanding partnership to provide the environmental control systems (ECS) ducting and floor panels utilized on Boeing’s 737 (legacy and MAX), 767, 777X and
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Toggle Summary Triumph Group Announces the Sale of Triumph Processing – Embee Division, Inc. to All Metals Processing of Orange County
BERWYN, Pa. --(BUSINESS WIRE)--Sep. 18, 2017-- Triumph Group, Inc. (NYSE:TGI) and All Metals Processing of Orange County (“All Metals Processing”) announced today the sale of Triumph Processing – Embee Division, Inc. to All Metals Processing. The transaction was effective September 14, 2017 .
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Toggle Summary Boeing Selects Triumph Group as Major Supplier for Its U.S. Air Force T-X Offer
Company will supply major aircraft components, generating 950 Texas jobs RED OAK, Texas --(BUSINESS WIRE)--Sep. 15, 2017-- Boeing [NYSE: BA] has selected Triumph Group, Inc. [NYSE:TGI] as a major supplier for its T-X Air Force training jet. If the Air Force awards the contract to Boeing , Triumph’s
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Toggle Summary Triumph Group Announces Pricing of $500 Million of 7.75% Senior Notes Due 2025
BERWYN, Pa. --(BUSINESS WIRE)--Aug. 8, 2017-- Triumph Group, Inc. (“Triumph”) (NYSE:TGI) today announced the pricing of its previously announced offering of $500 million in aggregate principal amount of senior notes due 2025 (the “Notes”). The Notes will have an interest rate of 7.75% per annum and
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Toggle Summary Triumph Group Announces Proposed Senior Notes Offering
BERWYN, Pa. --(BUSINESS WIRE)--Aug. 2, 2017-- Triumph Group, Inc. (“Triumph”) (NYSE:TGI) today announced that it intends to offer $500 million in aggregate principal amount of senior notes due 2025 (the “Notes”). Triumph intends to use the net proceeds of the offering to repay amounts outstanding
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Toggle Summary Triumph Group Reports First Quarter Fiscal 2018 Results
Reaffirms Fiscal Year 2018 Sales Outlook and Provides EPS and Cash Guidance BERWYN, Pa. --(BUSINESS WIRE)--Jul. 26, 2017-- Triumph Group , Inc.  (NYSE:TGI) (“Triumph” or the “Company”) today reported financial results for its first quarter of fiscal year 2018, which ended June 30, 2017 .
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Toggle Summary Triumph Signs Systems Agreement with Boeing for Legacy Programs and 777X
BERWYN, Pa. --(BUSINESS WIRE)--Jul. 25, 2017-- Triumph Group, Inc. (NYSE: TGI) signed an agreement with Boeing (NYSE:BA) to provide various hydraulic and mechanical actuation assemblies for legacy Boeing programs, including the Next-Generation 737, 737 MAX, 747-8, 767, 767-2C and 777, and for the
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Toggle Summary Triumph to Provide Thrust Reverser Cowl Opening Systems for Safran on A320neo
BERWYN, Pa. --(BUSINESS WIRE)--Jul. 24, 2017-- Triumph Group, Inc. (NYSE:TGI) signed a long-term agreement with Safran Nacelles to provide thrust reverser cowl opening system (TRCOS) actuators for the engine nacelle on the A320neo aircraft. Under the contract, Triumph Integrated Systems will
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Toggle Summary Triumph Group Appoints Pete Wick as New Executive Vice President for Precision Components
BERWYN, Pa. --(BUSINESS WIRE)--Jul. 24, 2017-- Triumph Group, Inc. (NYSE:TGI) today announced that Pete Wick is being promoted to Executive Vice President of the Precision Components business unit, effective immediately. Wick will be based in the Arlington, Texas , office and will continue to
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Toggle Summary Triumph Group Declares Quarterly Dividend
BERWYN, Pa. --(BUSINESS WIRE)--Jul. 20, 2017-- Triumph Group, Inc. (NYSE:TGI) today announced that its Board of Directors has declared a regular quarterly dividend of $0.04 per share on its outstanding common stock. The dividend is payable September 15, 2017 to shareholders of record as of
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Toggle Summary Triumph Group to Webcast First Quarter Fiscal Year 2018 Earnings Conference Call
Live Webcast scheduled for 8:30 AM ET on July 26 th BERWYN, Pa. --(BUSINESS WIRE)--Jul. 12, 2017-- Triumph Group, Inc. (NYSE: TGI) will release first quarter fiscal year 2018 earnings on July 26, 2017 and will host a conference call that day at 8:30 a.m. ET .
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Toggle Summary Triumph Agreement with Boeing Extends Support for V-22
BERWYN, Pa. --(BUSINESS WIRE)--May 30, 2017-- Triumph Group, Inc. (NYSE:TGI) announced they have been selected by Boeing to support the V-22 Osprey Multiyear 3 contract, once approved. The contract is expected to be negotiated before the end of 2017 between Bell Boeing and the U.S. Navy...
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Toggle Summary Triumph Group Reports Fourth Quarter and Full Fiscal Year 2017 Results
BERWYN, Pa. --(BUSINESS WIRE)--May 24, 2017-- Triumph Group , Inc.  (NYSE:TGI) (“Triumph” or the “Company”) today reported financial results for its fourth quarter and full fiscal year ended March 31, 2017 . Fourth Quarter and Full Fiscal Year 2017 Highlights Net sales were $919.9 million for...
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Toggle Summary Triumph Aerostructures, LLC Reaches Comprehensive Settlement with Bombardier
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...
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Toggle Summary Triumph and Boeing Sign MOA on Expanded Partnership
BERWYN, Pa. --(BUSINESS WIRE)--May 22, 2017-- Triumph Group, Inc. (NYSE:TGI) today announced the signing of a new memorandum of agreement (MOA) with Boeing (NYSE:BA). The MOA supports Triumph’s participation in Boeing’s growth platforms within their commercial aircraft, defense programs, and global...
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Toggle Summary Triumph Group to Webcast Fourth Quarter and Fiscal 2017 Earnings Conference Call
Live Webcast scheduled for 8:30 AM ET on May 24 th BERWYN, Pa. --(BUSINESS WIRE)--May 8, 2017-- Triumph Group, Inc. (NYSE: TGI) will release fourth quarter and fiscal year 2017 earnings on May 24, 2017 and will host a conference call that day at 8:30 a.m. ET...
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Toggle Summary Triumph Group Declares Quarterly Dividend
BERWYN, Pa. --(BUSINESS WIRE)--Apr. 28, 2017-- Triumph Group, Inc. (NYSE:TGI) today announced that its Board of Directors has declared a regular quarterly dividend of $0.04 per share on its outstanding common stock. The dividend is payable June 15, 2017 to shareholders of record as of June 1, 2017...
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Toggle Summary Triumph Product Support and VAS Aero Services Collaborate on PW4168 Nacelles
BERWYN, Pa. --(BUSINESS WIRE)--Apr. 25, 2017-- Triumph Group, Inc. (NYSE:TGI) is proud to join forces with VAS Aero Services, LLC to provide airline operators with PW4168 nacelles for the A330. The comprehensive supply program will be supported out of Triumph’s Hot Springs, Arkansas , or Chonburi...
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Toggle Summary Triumph Launches a New Global Total Life Cycle Solutions Program Under the Banner of Triumph TLC Solutions
BERWYN, Pa. --(BUSINESS WIRE)--Apr. 25, 2017-- Triumph Group, Inc. (NYSE:TGI) announces the launch of Triumph TLC Solutions, a new global program that provides airlines with a proactive approach to address a myriad of issues throughout the life cycle of the aircraft...
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Toggle Summary Triumph Secures Follow-On Contract with Boeing for 787 Dreamliner
BERWYN, Pa. --(BUSINESS WIRE)--Apr. 17, 2017-- Triumph Group, Inc. (NYSE:TGI) was selected by Boeing to supply composite detail and assembly parts for the 787 Dreamliner. Under the contract, Triumph Precision Components – Composites Center of Excellence site in Milledgeville, Georgia , will produce...
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Toggle Summary Triumph to Provide M777 Howitzer Body for BAE Contract with Indian Government
BERWYN, Pa. --(BUSINESS WIRE)--Apr. 10, 2017-- Triumph Group, Inc. (NYSE:TGI) will supply gun bodies for BAE Systems’ M777 Howitzer in support of a recent contract with the U.S. Department of Defense . The contract, valued at $15 million , was awarded to Triumph’s Precision Components business unit...
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Toggle Summary Triumph to Supply Composite Rudder Components for Airbus A350 XWB in Deal with HHACMC
BERWYN, Pa. --(BUSINESS WIRE)--Mar. 31, 2017-- Triumph Group, Inc. (NYSE:TGI) was selected by Harbin Hafei Airbus Composite Manufacturing Centre Company Ltd. (HHACMC) to supply composite parts for the Airbus A350 XWB aircraft. Triumph Precision Components’ Composites Center of Excellence site in...
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Toggle Summary Triumph Awarded Contract with Korea Aerospace Industries For KF-X Airframe Mounted Accessory Drive
BERWYN, Pa. --(BUSINESS WIRE)--Mar. 1, 2017-- Triumph Group, Inc. (NYSE:TGI) was selected by Korea Aerospace Industries, Ltd. (KAI), to provide Airframe Mounted Accessory Drives (AMAD) on the new KF-X fighter aircraft. The contract is in support of the latest generation of the air superiority...
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Toggle Summary Triumph Group Declares Quarterly Dividend
BERWYN, Pa. --(BUSINESS WIRE)--Feb. 14, 2017-- Triumph Group, Inc. (NYSE:TGI) today announced that its Board of Directors has declared a regular quarterly dividend of $0.04 per share on its outstanding common stock. The dividend is payable March 15, 2017 to shareholders of record as of March 1,...
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Toggle Summary Triumph Group Reports Third Quarter Fiscal 2017 Results
Reaffirms Fiscal Year 2017 Revenue and EPS Guidance and Updates Cash Guidance BERWYN, Pa. --(BUSINESS WIRE)--Feb. 2, 2017-- Triumph Group , Inc.  (NYSE:TGI) (“Triumph” or the “Company”) today reported financial results for its third quarter of fiscal year 2017, which ended December 31, 2016...
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Toggle Summary Triumph Appoints New Business Development Lead
Aerospace Industry Executive Gary Tenison Joins Triumph Group BERWYN, Pa. --(BUSINESS WIRE)--Feb. 1, 2017-- Triumph Group (NYSE:TGI) today announced that Gary Tenison is joining the company as its Vice President of Business Development effective February 13, 2017...
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Toggle Summary Triumph Selected by Textron Aviation for Cessna Citation Longitude Program Components
BERWYN, Pa. --(BUSINESS WIRE)--Jan. 30, 2017-- Triumph Group, Inc. (NYSE:TGI) was selected by Textron Aviation Inc. to supply aluminum machined parts for the new Cessna Citation Longitude super-midsize aircraft. Triumph Precision Components’ Complex High Speed Center of Excellence based in Wichita...
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Toggle Summary Triumph Awarded $52 Million Contract from Rolls Royce for Trent XWB Engine Components
BERWYN, Pa. --(BUSINESS WIRE)--Jan. 24, 2017-- Triumph Group, Inc. (NYSE:TGI) finalized an eight-year agreement with Rolls Royce to supply thrust links for the Trent XWB engine program. Triumph Precision Components will deliver the first components in 2019 following a two-year development period in...
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Toggle Summary Triumph Group to Webcast Third Quarter Fiscal 2017 Earnings Conference Call
Live Webcast scheduled for 8:30 AM ET on February 2 nd BERWYN, Pa. --(BUSINESS WIRE)--Jan. 11, 2017-- Triumph Group, Inc. (NYSE: TGI) will release third quarter fiscal year 2017 earnings on February 2, 2017 and will host a conference call that day at 8:30 a.m. ET...
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