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Triumph Group Announces Acquisition of Merritt Tool Company, Inc.

WAYNE, Pa.--(BUSINESS WIRE)--Mar. 13, 2009-- Triumph Group, Inc. (NYSE:TGI) today announced the acquisition of Merritt Tool Company, Inc., a manufacturer of aircraft structural components specializing in complex precision machining primarily for commercial and military aerospace programs. The acquired business, which will operate as Triumph Structures-East Texas, Inc. and be part of Triumph Aerospace Systems Group, is expected to add approximately $30 million of revenue for fiscal year 2010 and will be immediately accretive to earnings.

Merritt Tool is located in Kilgore, Texas and employs approximately 120 people. The company specializes in complex, medium to large, conventional computer numerical control (CNC) milling, turning, grinding and assembly and serves customers in the aerospace and energy industries.

Richard C. Ill, Triumph’s President and Chief Executive Officer, said, “We are pleased to have acquired Merritt Tool and view this as an opportunity to leverage our current portfolio of aerospace structural manufacturing capabilities and expand the products and services we offer to our major airframe customers. We are also pleased that the company will continue to be led by A.P. Merritt, Jr. and his management team.”

Triumph Group, Inc., headquartered in Wayne, Pennsylvania, designs, engineers, manufactures, repairs and overhauls aircraft components and accessories. 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 Internet at http://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, including statements of expected revenue and accretion. 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, 2008.

Source: Triumph Group, Inc.

Triumph Group, Inc.
Sheila G. Spagnolo
Vice President
610-251-1000
sspagnolo@triumphgroup.com

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