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Triumph Group Selected to Provide Overhaul Services for Boeing Globemaster III

BERWYN, Pa.--(BUSINESS WIRE)--May 2, 2014-- Triumph Group, Inc. (NYSE:TGI) today announced that it has signed a three year contract with Boeing to provide overhaul and maintenance services for the auxiliary power units, fan thrust reversers, pitch trim actuators, landing gear manifold and ramp actuators for the United States Air Force fleet of Boeing C-17 Globemaster III aircraft. The work will be performed at several of the company’s facilities within the Aerospace Systems Group and the Aftermarket Services Group.

Jeffry D. Frisby, Triumph’s President and Chief Executive Officer, said, “This contract demonstrates Boeing’s confidence in the value and service levels of our current agreement and represents a continuation of our many years of working with them in providing overhaul and maintenance services for the C-17 Globemaster III. We look forward to continuing to support this program.”

Triumph Group, Inc. headquartered in Berwyn, 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 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, without limitation, statements about expectations of future revenues. 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 Group’s reports filed with the SEC, including our Annual Report on Form 10-K for the fiscal year ended March 31, 2013.

Source: Triumph Group, Inc.

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