News Releases

News Releases

Date Title
Toggle Summary Triumph Group Declares Quarterly Dividend
BERWYN, Pa. --(BUSINESS WIRE)--Nov. 15, 2018-- 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, 2018 to shareholders of record as of November
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Toggle Summary Triumph Group Reports Second Quarter Fiscal 2019 Results
Reaffirms Fiscal Year 2019 Net Sales, EPS and Cash Guidance Reports Second Consecutive Quarter of Organic Sales Growth Completes Divestiture of Long and Large Operations BERWYN, Pa. --(BUSINESS WIRE)--Nov. 8, 2018-- Triumph Group, Inc.   (NYSE: TGI) (“Triumph” or the “Company”) today reported
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Toggle Summary Triumph Secures Contract for G500/G600 Fuselage Frames
BERWYN, Pa. --(BUSINESS WIRE)--Nov. 6, 2018-- Triumph Group, Inc. ( NYSE:TGI ) announced today that its Aerospace Structures business has been selected by Gulfstream to manufacture a new order of fuselage frames for the Gulfstream G500 and Gulfstream G600 aircraft.
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Toggle Summary Frank Dubey Joins Triumph Group as EVP, Integrated Systems
BERWYN, Pa. --(BUSINESS WIRE)--Nov. 1, 2018-- Triumph Group (NYSE:TGI) today announced that Frank Dubey will join the company as Executive Vice President of its Integrated Systems business unit, effective November 26, 2018 . Dubey succeeds Tom Holzthum , who is retiring at the end of the calendar
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Toggle Summary Triumph Wins Huntington Ingalls Industries Contract for U.S. Navy Carrier Overhaul
BERWYN, Pa. --(BUSINESS WIRE)--Oct. 31, 2018-- Triumph Group, Inc. (NYSE:TGI) announced today that its Integrated Systems business has been selected by Huntington Ingalls Industries to supply remote valve actuation (RMVA) systems as part of the scheduled overhaul of the USS George Washington
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Toggle Summary Triumph Group to Webcast Second Quarter Fiscal Year 2019 Earnings Conference Call
Live Webcast scheduled for 8:30 AM ET on November 8th BERWYN, Pa. --(BUSINESS WIRE)--Oct. 18, 2018-- Triumph Group, Inc. (NYSE: TGI) will release second quarter fiscal year 2019 earnings on November 8, 2018 and will host a conference call that day at 8:30 a.m. ET .
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Toggle Summary Triumph Awarded Five-Year Contract with National Carrier for Component MRO Work
BERWYN, Pa. --(BUSINESS WIRE)--Oct. 11, 2018-- Triumph Group, Inc. (NYSE: TGI) announced today that it was awarded a five-year contract for maintenance, repair and overhaul (MRO) work on CFM56-7B nacelle components for the 737NG aircraft operated by a U.S. airline operator.
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Toggle Summary Jennifer Allen Joins Triumph Group as General Counsel
BERWYN, Pa. --(BUSINESS WIRE)--Sep. 24, 2018-- Triumph Group ( NYSE:TGI ) today announced that Jennifer Allen will join the company as Senior Vice President and General Counsel, reporting to President and CEO Daniel Crowley . Ms. Allen will also serve as Secretary for the company and oversee
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Toggle Summary Triumph Wins Contract Extensions for HELLFIRE Romeo Missile Components
BERWYN, Pa. --(BUSINESS WIRE)--Sep. 10, 2018-- Triumph Group, Inc. (NYSE:TGI) announced today that it was awarded two contract extensions from General Dynamics Ordnance and Tactical Systems for the production of specially machined guided missile parts.
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Toggle Summary William Kircher Joins Triumph Group as EVP, Product Support
BERWYN, Pa. --(BUSINESS WIRE)--Sep. 10, 2018-- Triumph Group (NYSE:TGI) today announced that William Kircher will join the company as Executive Vice President of its Product Support business unit. Kircher replaces Mike Abram who will retire at the end of the calendar year.
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Toggle Summary Triumph Appoints New VP of FP&A and Investor Relations
BERWYN, Pa. --(BUSINESS WIRE)--Sep. 4, 2018-- Triumph Group (NYSE:TGI) today announced that Michael Pici will join the company as Vice President, Financial Planning and Investor Relations, effective September 12, 2018 . Pici brings over 20 years of progressive financial and capital markets
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Toggle Summary Triumph to Provide Thrust Reverser MRO Services for Asiana Airlines Fleet
BERWYN, Pa. --(BUSINESS WIRE)--Aug. 14, 2018-- Triumph Group, Inc. (NYSE: TGI) announced that its subsidiary, Triumph Aviation Services Asia, Ltd. , has been selected by Asiana Airlines Inc. to provide CF6-80C2 thrust reverser maintenance support and services for its fleet of Boeing 747-400 and
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Toggle Summary Triumph Group Reports First Quarter Fiscal 2019 Results
BERWYN, Pa. --(BUSINESS WIRE)--Aug. 8, 2018-- Triumph Group , Inc.  (NYSE: TGI) (“Triumph” or the “Company”) today reported financial results for its first quarter of fiscal year 2019, which ended June 30, 2018 . First Quarter 2019 Highlights Net sales were $832.9 million .
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Toggle Summary Triumph Aerospace Structures Secures C130J Follow-Up Contract
BERWYN, Pa. --(BUSINESS WIRE)--Aug. 7, 2018-- Triumph Group, Inc. (NYSE:TGI) announced today that its Aerospace Structures business has been awarded a multi-year airframe component contract for Lockheed Martin’s C130J Super Hercules program. Under initial terms of the contract, Triumph Fabrications
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Toggle Summary Triumph Group Declares Quarterly Dividend
BERWYN, Pa. --(BUSINESS WIRE)--Aug. 7, 2018-- 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, 2018 to shareholders of record as of August
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Toggle Summary Contract Extension Keeps Triumph on F-35 Blocker Doors
BERWYN, Pa. --(BUSINESS WIRE)--Aug. 2, 2018-- Triumph Group, Inc. (NYSE:TGI) announced today that its Aerospace Structures Fabrication facility located in Hot Springs, Arkansas received a contract extension from Lockheed Martin to continue supplying titanium hot form machined exhaust screens for
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Toggle Summary Triumph Group Announces the Sale of Triumph Structures – East Texas
BERWYN, Pa. --(BUSINESS WIRE)--Aug. 1, 2018-- Triumph Group, Inc. (NYSE:TGI) announced today the sale of Triumph Structures – East Texas, Inc. to Merritt Preferred Components. The transaction was effective July 31, 2018 . The East Texas division generated revenues of approximately $20 million in
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Toggle Summary Triumph to Collaborate with Quickstep on Advanced Composite Solutions
BERWYN, Pa. --(BUSINESS WIRE)--Jul. 31, 2018-- Triumph Group, Inc. (NYSE: TGI) announced today that it has signed a letter of intent for future collaboration with Quickstep Holdings Limited (ASX:QHL), Australia’s leading independent manufacturer of advanced carbon fiber composite components.
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Toggle Summary Triumph Awarded Contract with Saab for Gripen Airframe Mounted Accessory Drive
FARNBOROUGH, United Kingdom --(BUSINESS WIRE)--Jul. 16, 2018-- Triumph Group, Inc. (NYSE:TGI)  announced today that it was selected by Saab to provide Airframe Mounted Accessory Drives (AMAD) for Gripen E/F single-engine multirole fighter aircraft. Triumph Integrated Systems will design, develop,
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Toggle Summary Triumph Group Kicks Off 25th Anniversary Year Celebration
FARNBOROUGH, United Kingdom --(BUSINESS WIRE)--Jul. 16, 2018-- Triumph Group, Inc. ( NYSE:TGI ) (“Triumph” or the “Company”) is proud to kick off its 25th anniversary year celebration at the 2018 Farnborough Airshow. Since its founding on July 22, 1993 , Triumph has built a reputation as a trusted
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Toggle Summary Triumph Group to Webcast First Quarter Fiscal Year 2019 Earnings Conference Call
Live Webcast scheduled for 8:30 AM ET on August 8th BERWYN, Pa. --(BUSINESS WIRE)--Jul. 13, 2018-- Triumph Group, Inc. (NYSE: TGI) will release first quarter fiscal year 2019 earnings on August 8, 2018 and will host a conference call that day at 8:30 a.m. ET .
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Toggle Summary Triumph Expands Military Nacelle MRO Support
BERWYN, Pa. --(BUSINESS WIRE)--Jun. 28, 2018-- Triumph Group, Inc. (NYSE: TGI) announced its Triumph Airborne Structures maintenance, repair, and overhaul business was awarded a three-year contract to provide engine nacelle component repair and materials services for an unspecified military cargo
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Toggle Summary Triumph Group Announces Update on Divestiture Progress
BERWYN, Pa. --(BUSINESS WIRE)--May 14, 2018-- Triumph Group, Inc. (NYSE:TGI) announced today that it has reached agreements for divestiture of three businesses in alignment with the company’s transformation strategy to reshape its portfolio to focus on businesses that best fit the strategic
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Toggle Summary Triumph Group Reports Fourth Quarter Fiscal 2018 Results
Introduces Fiscal Year 2019 Guidance Reflecting Year-Over-Year Sales Growth BERWYN, Pa. --(BUSINESS WIRE)--May 10, 2018-- Triumph Group , Inc.  (NYSE:TGI) (“Triumph” or the “Company”) today reported financial results for its fourth quarter of fiscal year 2018, which ended March 31, 2018 .
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Toggle Summary Triumph Geared Solutions Recognized by Sikorsky with Supplier of the Year Award
BERWYN, Pa. --(BUSINESS WIRE)--May 7, 2018-- Triumph Group, Inc. (NYSE:TGI) announced today that for the second time in the last three years, its Geared Solutions business has been recognized by Lockheed Martin’s Rotary and Mission Systems (RMS) as Supplier of the Year for exceptional performance
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Toggle Summary Triumph Composite Work for Boeing 787 Dreamliner Extended in Long-Term Contract
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.
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Toggle Summary Triumph Group to Webcast Fourth Quarter and Fiscal Year 2018 Earnings Conference Call
Live Webcast scheduled for 8:30 AM ET on May 10 th BERWYN, Pa. --(BUSINESS WIRE)--Apr. 24, 2018-- Triumph Group, Inc. (NYSE: TGI) will release fourth quarter and fiscal year 2018 earnings on May 10, 2018 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. 23, 2018-- 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, 2018 to shareholders of record as of June 1, 2018
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Toggle Summary Triumph Product Support Announces LTA Extension with Pratt & Whitney
BERWYN, Pa. --(BUSINESS WIRE)--Apr. 10, 2018-- Triumph Group, Inc. (NYSE:TGI) announced today that its Grand Prairie, TX based Product Support business has extended a long-term agreement with Pratt & Whitney for engine Line Replaceable Unit (LRU) repairs.
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Toggle Summary Triumph Partners with Gulfstream to Optimize Business Jet Structures Supply Chain
BERWYN, Pa. --(BUSINESS WIRE)--Apr. 3, 2018-- Triumph Group, Inc. (NYSE:TGI) (“Triumph” or the “Company”) announced today that it has reached an agreement in principle with Gulfstream Aerospace that would optimize Triumph’s role in the supply chain of Gulfstream’s business jet wings, leading edges,
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Toggle Summary Triumph Achieves Elite Supplier Status from Lockheed Martin RMS
BERWYN, Pa. --(BUSINESS WIRE)--Mar. 19, 2018-- Triumph Group, Inc. (NYSE:TGI) announced today that its Triumph Fabrications company located in Hot Springs, Arkansas was recognized by Lockheed Martin Rotary and Mission Systems (RMS) for exceptional supplier performance in support of their Sikorsky
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Toggle Summary Triumph Group to Present at J.P. Morgan's 2018 Aviation, Transportation and Industrials Conference
BERWYN, Pa. --(BUSINESS WIRE)--Mar. 8, 2018-- Triumph Group , Inc.  (NYSE: TGI) today announced that its CEO, Dan Crowley , will present at J.P. Morgan's 2018 Aviation, Transportation and Industrials Conference on Tuesday, March 13, 2018 at 1:00 pm ET at the J.P. Morgan office in New York City .
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Toggle Summary Boeing Taps Triumph for Aftermarket Service Support in Asia
BERWYN, Pa. --(BUSINESS WIRE)--Feb. 7, 2018-- Triumph Group, Inc. ( NYSE: TGI ) announced its subsidiary, Triumph Aviation Services Asia, Ltd. , has been selected by Boeing to provide aftermarket support in the Asia Pacific region for their flight controls and engine nacelles program, as well as
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Toggle Summary Triumph Group Declares Quarterly Dividend
BERWYN, Pa. --(BUSINESS WIRE)--Feb. 7, 2018-- 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, 2018 to shareholders of record as of March 1, 2018
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Toggle Summary Triumph and China Southern Enter Exclusive Agreement for Nacelle Maintenance and Plan for Long-Term JV
SINGAPORE --(BUSINESS WIRE)--Feb. 6, 2018-- Triumph Group, Inc. (NYSE:TGI) announced today its subsidiary, Triumph Aviation Services Asia, Ltd. , has signed a memorandum of understanding (MOU) with China Southern Airlines to cooperate in a comprehensive alliance for nacelle maintenance, potentially
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Toggle Summary Triumph Group to Present at Cowen's 39th Annual Aerospace/Defense & Industrials Conference
BERWYN, Pa. --(BUSINESS WIRE)--Feb. 6, 2018-- Triumph Group , Inc.  (NYSE: TGI) today announced that its CEO, Dan Crowley , will present at Cowen's 39th Annual Aerospace/Defense & Industrials Conference on Thursday, February 8, 2018 at 11:30 am ET at The Lotte New York Palace Hotel in New York .
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Toggle Summary Triumph Group Reports Third Quarter Fiscal 2018 Results
Reaffirms Fiscal Year 2018 Revenue and EPS Guidance and Updates Cash Guidance BERWYN, Pa. --(BUSINESS WIRE)--Feb. 1, 2018-- Triumph Group , Inc.  (NYSE:TGI) (“Triumph” or the “Company”) today reported financial results for its third quarter of fiscal year 2018, which ended December 31, 2017 .
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Toggle Summary Triumph Secures Follow-On Contract with Bell for AH-1Z Bonded Panels
BERWYN, Pa. --(BUSINESS WIRE)--Jan. 29, 2018-- Triumph Group, Inc. ( NYSE:TGI ) announced today its Fabrications business has signed a long-term agreement with Bell Helicopter to extend their production of bonded panel structures for the AH-1Z attack helicopter through 2021.
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Toggle Summary Triumph Wins New 737 MAX Content and Extends Boeing 787 Dreamliner Contract
BERWYN, Pa. --(BUSINESS WIRE)--Jan. 25, 2018-- Triumph Group, Inc. (NYSE:TGI) was recently selected by Boeing to supply highly engineered components used for applications on the 787 Dreamliner and 737 MAX programs. The multiyear contract extends existing work Triumph Mechanical Solutions provides
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Toggle Summary Triumph Partners with Boeing to Expand 767 Production Role
BERWYN, Pa. --(BUSINESS WIRE)--Jan. 22, 2018-- Triumph Group, Inc. (NYSE: TGI) announced it signed an agreement with Boeing (NYSE:BA) to provide major structural assemblies for the 767 program. The work contracted to Triumph Aerospace Structures includes the production of horizontal stabilizers,
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Toggle Summary Triumph Group Announces Appointment of Two New Directors
BERWYN, Pa. --(BUSINESS WIRE)--Jan. 16, 2018-- Triumph Group, Inc. (“Triumph”) (NYSE:TGI) today announced that its Board of Directors has appointed General Larry O. Spencer and Daniel P. Garton to serve as directors. General Spencer’s appointment is effective immediately, and Mr.
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Toggle Summary Triumph Group Selects ASTK as Partner for E2 Fuselage Program
BERWYN, Pa. --(BUSINESS WIRE)--Jan. 11, 2018-- Triumph Group, Inc. (NYSE:TGI) announced today that they will partner with AeroSpace Technologies of Korea Inc. (ASTK), a leading provider of aircraft fuselage, precision components and skeletal materials, to build fuselages for Embraer’s
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Toggle Summary Triumph Group to Webcast Third Quarter Fiscal Year 2018 Earnings Conference Call
Live Webcast scheduled for 8:30 AM ET on February 1 st BERWYN, Pa. --(BUSINESS WIRE)--Jan. 10, 2018-- Triumph Group, Inc. (NYSE: TGI) will release third quarter fiscal year 2018 earnings on February 1, 2018 and will host a conference call that day at 8:30 a.m. ET .
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Toggle Summary Triumph Expands Space Applications with Contract for Dream Chaser Spacecraft Landing Gear System
BERWYN, Pa. --(BUSINESS WIRE)--Jan. 2, 2018-- Triumph Group, Inc. (NYSE:TGI) announced today that its Integrated Systems business unit will provide the landing gear system for the Dream Chaser ® spacecraft, a reusable, lifting-body vehicle in support of NASA’s Commercial Resupply Services 2 (CRS2)
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