WAYNE, Pa.--(BUSINESS WIRE)--Jan. 13, 2005--Triumph Group, Inc.
(NYSE:TGI) announced today that its L.A. Gauge division has been
awarded a long-term contract by Lockheed Martin Corporation to supply
major structural components on the Sniper and Arrowhead Advanced
Targeting programs. The agreement between Lockheed Martin and L.A.
Gauge has an estimated value in excess of $42 million over the next
Richard C. Ill, Triumph's President and Chief Executive Officer,
said, "We are delighted to be chosen as a strategic supplier on this
program. The program represents the third generation Forward Looking
Infrared Radars and is the most advanced long-range precision
targeting system available today for fixed-wing and rotor craft
fighter platforms. We look forward to supporting this program over the
next four years."
L.A. Gauge, located in Sun Valley, California, is a manufacturer
and supplier of ultra-precision machined components utilizing exotic
materials, such as Beryllium, AlBeMet and Inconel, and assemblies to
the aviation, defense and commercial industries.
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 aircraft and aircraft components as well as
commercial, military and air cargo customers.
More information about Triumph can be found on the Internet at
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. 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
CONTACT: Triumph Group, Inc., Wayne
John Bartholdson, 610-251-1000
SOURCE: Triumph Group, Inc.