Company will supply major aircraft components, generating 950
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 Aerospace Structures business unit,
located in Red Oak, Texas, will supply the wing, vertical tail and
horizontal tail structures, with opportunities for additional work,
generating 950 direct and indirect jobs.
“Providing our military with the newest and most advanced training
system is crucial to preparing future generations of warfighters,” said
Congressman Joe Barton, who represents the 6th District in
Texas where Triumph Aerospace Structures is located. “I would like to
thank Triumph and Boeing for their commitment to our national defense
and for promoting our community and jobs right here in the 6th
This announcement follows Boeing’s May 15 decision to assemble T-X at
its St. Louis facility.
“This opportunity secures economic growth for the community and attracts
the best and brightest talent with highly-skilled jobs locally and
across the nation,” said Congressman Pete Sessions, Chairman of the
Rules Committee. “Texas is open for business building the right choice
for the next U.S. Air Force trainer with Boeing and Triumph Group.”
The first two new, purpose-built T-X aircraft have proven the design’s
low-risk, performance and repeatability in manufacturing.
“Boeing T-X is a new, flexible design that meets the requirements of the
U.S. Air Force,” said Karl Jeppesen, vice president of Supplier
Management for Boeing Defense, Space & Security. “Triumph Group is a
long-standing supplier to Boeing, teaming with us on iconic programs
such as V-22 Osprey and C-17 Globemaster III. It takes partnerships like
this to win and position us for a bold, bright future, and we are proud
to welcome Triumph as a major supplier and member of this team.”
Triumph Group designs, engineers, manufactures, repairs and overhauls a
broad portfolio of aviation and industrial components, accessories,
subassemblies, systems and aircraft structures.
“We are excited for the opportunity to support the great men and women
who serve and defend our country. Along with Boeing, we are ready to
provide the best option for the T-X program,” said Dan Crowley, Triumph
Group President and CEO.
Boeing T-X is a training system designed specifically for the Air Force
training mission. It will replace the service’s fleet of aging T-38
aircraft. The initial acquisition, for 350 aircraft and the associated
ground based training and support, is valued at up to $16 billion.
Initial operating capability is planned for 2024. The contract award is
expected by the end of the year.
Get the latest Boeing T-X updates at www.boeing.com/t-x
or by searching #NewBoeingTX on Twitter. Media can also access photos
and video of the aircraft in flight at http://bds.navigon.net;
user name: Triumph2017; password: TXEvent.
For more information on Triumph, visit www.triumphgroup.com.
For more information on Defense, Space & Security, visit www.boeing.com.
Follow us on Twitter: @BoeingDefense.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170915005737/en/
Source: Triumph Group, Inc. and Boeing
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