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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 which Triumph Integrated Systems will perform structural tests for the thrust link components.

“This contract with Rolls Royce demonstrates how Triumph businesses work together to meet the needs of our customer as One Triumph,” said Rick Rosenjack, executive vice president of Triumph Precision Components. “We look forward to supporting the Trent XWB engine program for many years to come.”

Thrust links are critical structural components used to transfer thrust loads from the engine casing to the aircraft structure. Strength, weight, and reliability are critical features of these components, and the Toronto facility of Triumph Precision Components has been manufacturing thrust links of various designs for the past 20 years.

Triumph Precision Components produces close-tolerance parts to customer designs and model-based definition, including a wide range of aluminum, hard metal and composite structure capabilities. Capabilities include complex machining and turning, sheet metal fabrication, forming, advanced composite and interior structures, joining processes such as welding, autoclave bonding and conventional mechanical fasteners and a variety of special processes including super plastic titanium forming, aluminum and titanium chemical milling and surface treatments.

Triumph Integrated Systems provides integrated solutions including design, development and support of proprietary components, subsystems and systems, as well as production of complex assemblies using external designs. Capabilities include hydraulic, mechanical and electro-mechanical actuation, power and control; complete suite of aerospace gearbox solutions including engine accessory gearboxes and helicopter transmissions; active and passive heat exchange technology; fuel pumps, fuel metering units and Full Authority Digital Electronic Control fuel systems; hydro-mechanical and electromechanical primary and secondary flight controls; and a broad spectrum of surface treatment options.

Triumph Group, Inc., headquartered in Berwyn, Pa., designs, engineers, manufactures, repairs and overhauls a broad portfolio of aircraft structures, 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 statements of contract value or aggregate revenue. 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, 2016.

Source: Triumph Group, Inc.

Triumph Group, Inc.
Media Contact:
Michele Long, 610-251-1000
mmlong@triumphgroup.com
or
Investor Relations Contact:
Sheila G. Spagnolo, 610-251-1000
sspagnolo@triumphgroup.com