WAYNE, Pa., Jan 19, 2006 (BUSINESS WIRE) -- Triumph Group, Inc. (NYSE:TGI) announced today that its
subsidiary, Triumph Composite Systems, Inc., located in Spokane,
Washington, has been awarded a multi-year supply agreement with Vought
Aircraft Industries, Inc., a structural integration partner in the
Boeing 787 program. This agreement involves providing a wide variety
of aerospace products, including composite ducting, machined metal
parts and fittings, window assemblies, hydraulic tubing, insulation
and other section components in support of Vought's workshare on the
Boeing 787 aircraft. This award has an estimated value in excess of
$200 million over the life of the 787 program.
Richard C. Ill, Triumph's President and Chief Executive Officer,
said, "We are very pleased that Vought Aircraft chose Triumph to be a
strategic partner to the 787 program. This integration agreement is
indicative of Triumph's broad capabilities to design, manufacture, and
procure aircraft components, accessories and systems. We look forward
to supporting this relationship with Vought and view the award as
another step in the evolution of Triumph to an aerospace system
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 commercial and regional
airlines, air cargo carriers, as well as original equipment
manufacturers of commercial, regional, business and military aircraft
and aircraft components.
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, including estimates of
contract value. 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, 2005.
SOURCE: Triumph Group, Inc.
Triumph Group, Inc.
John Bartholdson, 610-251-1000