Vought

Triumph Group to Webcast Fourth Quarter Fiscal Year 2020 Earnings Conference Call

Retrieved on: 
Thursday, May 21, 2020
Triumph Group, Vought, TGI, Triumph, Berwyn station, Economy of the United States, Companies

BERWYN, Pa., May 21, 2020 /PRNewswire/ -- Triumph Group, Inc. (NYSE: TGI) will release fourth quarter fiscal year 2020 earnings on May 28th, 2020 and will host a conference call that day at 8:30 a.m.

Key Points: 
  • BERWYN, Pa., May 21, 2020 /PRNewswire/ -- Triumph Group, Inc. (NYSE: TGI) will release fourth quarter fiscal year 2020 earnings on May 28th, 2020 and will host a conference call that day at 8:30 a.m.
  • A slide presentation will be included with the audio portion of the webcast.
  • Go to the web site at least fifteen minutes early to register, download, and install any necessary audio software.
  • Triumph Group, Inc., headquartered inBerwyn, Pennsylvania, designs, engineers, manufactures, repairs and overhauls a broad portfolio of aerospace and defense systems, components and structures.

Regulus Cyber Raises $4M After Signing Deal With Automotive Tier 1 and Expanding GPS Cybersecurity Product Capabilities

Retrieved on: 
Monday, May 18, 2020
SSM-N-8 Regulus, Vought

"Having researched this domain, we realized Regulus is uniquely positioned to address the rising need to protect this trillion-dollar technology, from hacking."

Key Points: 
  • "Having researched this domain, we realized Regulus is uniquely positioned to address the rising need to protect this trillion-dollar technology, from hacking."
  • Several weeks ago Regulus Cyber also announced signing an agreement with HARMAN, one of the world's leading Automotive suppliers.
  • The solution will be part of HARMAN SHIELD, the company's robust offering for risk management to vehicle manufacturers and mobility companies.
  • Furthermore, Regulus Cyber had recent breakthroughs in their capability to completely mitigate spoofing as well.

Triumph Group Provides Update On COVID-19 Response

Retrieved on: 
Saturday, April 11, 2020
Triumph Group, Vought, TGI, Triumph, Berwyn station, Economy of the United States, Companies

BERWYN, Pa., April 10, 2020 /PRNewswire/ -- Triumph Group, Inc. (NYSE: TGI) ("Triumph" or the "Company") today provided an update on the current impact of the coronavirus (COVID-19) on the business and the steps the Company is taking to mitigate it.

Key Points: 
  • BERWYN, Pa., April 10, 2020 /PRNewswire/ -- Triumph Group, Inc. (NYSE: TGI) ("Triumph" or the "Company") today provided an update on the current impact of the coronavirus (COVID-19) on the business and the steps the Company is taking to mitigate it.
  • Triumph will provide one week of company pay and will cover the employee share of medical premiums during the furlough period.
  • In addition to the previously announced 500-person reduction in force as part of its austerity measures, Triumph will eliminate approximately 200 full-time positions due to decreased demand.
  • Triumph Group, Inc., headquartered in Berwyn, Pennsylvania, designs, engineers, manufactures, repairs and overhauls a broad portfolio of aerospace and defense systems, components and structures.

Triumph Group Provides Update On COVID-19 Response

Retrieved on: 
Friday, April 10, 2020
Triumph Group, Vought, TGI, Triumph, Berwyn station, Economy of the United States, Companies

BERWYN, Pa., April 10, 2020 /PRNewswire/ -- Triumph Group, Inc. (NYSE: TGI) ("Triumph" or the "Company") today provided an update on the current impact of the coronavirus (COVID-19) on the business and the steps the Company is taking to mitigate it.

Key Points: 
  • BERWYN, Pa., April 10, 2020 /PRNewswire/ -- Triumph Group, Inc. (NYSE: TGI) ("Triumph" or the "Company") today provided an update on the current impact of the coronavirus (COVID-19) on the business and the steps the Company is taking to mitigate it.
  • Triumph will provide one week of company pay and will cover the employee share of medical premiums during the furlough period.
  • In addition to the previously announced 500-person reduction in force as part of its austerity measures, Triumph will eliminate approximately 200 full-time positions due to decreased demand.
  • Triumph Group, Inc., headquartered in Berwyn, Pennsylvania, designs, engineers, manufactures, repairs and overhauls a broad portfolio of aerospace and defense systems, components and structures.

Triumph Group Appoints Richard Goglia As New Independent Director

Retrieved on: 
Thursday, April 2, 2020
Triumph Group, Vought, TGI, Triumph, Corporate finance, Economy of the United States, Companies

BERWYN, Pa., April 1, 2020 /PRNewswire/ -- Triumph Group [NYSE: TGI] today announced that Richard Goglia will join its Board of Directors as an independent director and as a member of the Audit and Finance committees.

Key Points: 
  • BERWYN, Pa., April 1, 2020 /PRNewswire/ -- Triumph Group [NYSE: TGI] today announced that Richard Goglia will join its Board of Directors as an independent director and as a member of the Audit and Finance committees.
  • Rich's work included debt restructuring and equity issuances, lender renegotiations, asset sales, and asset liquidations to reduce debt.
  • "We are pleased to welcome Rich and know that his expertise in corporate finance and aerospace will make him a valuable independent director on the Triumph Group Board," said Daniel J. Crowley, Triumph's president and chief executive officer.
  • Triumph Group, Inc., headquartered in Berwyn, Pennsylvania, designs, engineers, manufactures, repairs and overhauls a broad portfolio of aerospace and defense systems, components and structures.

Triumph Group Provides COVID-19 Update; Announces $75M in Cost Reductions

Retrieved on: 
Wednesday, March 18, 2020
Triumph Group, Vought, Geography of Pennsylvania, TGI, Berwyn station, Triumph, Berwyn, Economy of the United States, PENNSYLVANIA

BERWYN, Pa., March 18, 2020 /PRNewswire/ --Triumph Group, Inc. (NYSE: TGI) ("Triumph" or the "Company") today provided an update on its assessment of the impacts of the coronavirus (COVID-19).

Key Points: 
  • BERWYN, Pa., March 18, 2020 /PRNewswire/ --Triumph Group, Inc. (NYSE: TGI) ("Triumph" or the "Company") today provided an update on its assessment of the impacts of the coronavirus (COVID-19).
  • When combined with reductions in travel, corporate events, and other expenses, Triumph expects annual savings of approximately $75 million beginning in fiscal 2021.
  • Additional cost reductions may be taken if required based on market conditions.
  • Triumph Group, Inc., headquartered in Berwyn, Pennsylvania, designs, engineers, manufactures, repairs and overhauls a broad portfolio of aerospace and defense systems, components and structures.

Triumph Group To Form "Systems & Support" Business Unit To Accelerate Growth And Profitability

Retrieved on: 
Monday, February 17, 2020
Triumph Group, Vought, TGI, Triumph, Economy of the United States, Companies

BERWYN, Pa., Feb. 17, 2020 /PRNewswire/ -- Triumph Group, Inc. (NYSE: TGI) ("Triumph" or the "Company") today announced that it will combine its Integrated Systems and Product Support business units into one "Triumph Systems & Support" business effective immediately.

Key Points: 
  • BERWYN, Pa., Feb. 17, 2020 /PRNewswire/ -- Triumph Group, Inc. (NYSE: TGI) ("Triumph" or the "Company") today announced that it will combine its Integrated Systems and Product Support business units into one "Triumph Systems & Support" business effective immediately.
  • Frank Dubey, current Executive Vice President of Triumph Integrated Systems, will take on a special advisory to the Office of the CEO defining strategic growth opportunities for the company.
  • This combination will allow Triumph to accelerate our aftermarket growth rate while simplifying our structure to realize our fullest potential for our customers and shareholders, said Dan Crowley, Triumph Group's president and CEO.
  • As a single business unit with comprehensive capabilities, Triumph Systems & Support will offer new value propositions for our customers and make it easier for them to partner with Triumph and get the support they need.

Global Mechanical Control Cables Market for Military & Aerospace is Anticipated to Grow from USD 8.8 Billion in 2019 to USD 11.9 Billion by 2025, at a CAGR of 5.1% - ResearchAndMarkets.com

Retrieved on: 
Friday, February 14, 2020
Aerospace, Manufacturing, Triumph Group, Vought, Crane, Electrical cable, Equipment, Technology, Manufactured goods

The global mechanical control cables market for military and aerospace is anticipated to grow from USD 8.8 billion in 2019 to USD 11.9 billion by 2025, at a CAGR of 5.1% during the forecast period.

Key Points: 
  • The global mechanical control cables market for military and aerospace is anticipated to grow from USD 8.8 billion in 2019 to USD 11.9 billion by 2025, at a CAGR of 5.1% during the forecast period.
  • The ever-growing passenger traffic and rising expenditure by defense authorities are expected to drive the mechanical control cables industry for military and aerospace.
  • Based on material, the jacket material segment is expected to grow with a higher CAGR across the forecast period.
  • Major companies providing mechanical control cables are Triumph Group (US), Crane Aerospace & Electronics (US), and Elliott Manufacturing (US).

The global mechanical control cables market for military and aerospace is anticipated to grow from USD 8.8 billion in 2019 to USD 11.9 billion by 2025, at a CAGR of 5.1%

Retrieved on: 
Wednesday, February 12, 2020
Companies, Triumph Group, Vought, Crane, Aerospace, Economy of the United States, Machines

The global mechanical control cables market for military and aerospace is anticipated to grow from USD 8.8 billion in 2019 to USD 11.9 billion by 2025, at a CAGR of 5.1% during the forecast period.

Key Points: 
  • The global mechanical control cables market for military and aerospace is anticipated to grow from USD 8.8 billion in 2019 to USD 11.9 billion by 2025, at a CAGR of 5.1% during the forecast period.
  • The ever-growing passenger traffic and rising expenditure by defense authorities are expected to drive the mechanical control cables industry for military and aerospace.
  • Such modernizations will drive the market for mechanical components, such as mechanical control cables.
  • Major companies providing mechanical control cables are Triumph Group (US), Crane Aerospace & Electronics (US), and Elliott Manufacturing (US).

Triumph Group to Webcast Third Quarter Fiscal Year 2020 Earnings Conference Call

Retrieved on: 
Thursday, January 16, 2020
Triumph Group, Vought, TGI, Triumph, Berwyn station, Economy of the United States, Companies

BERWYN, Pa., Jan. 16, 2020 /PRNewswire/ -- Triumph Group, Inc. (NYSE: TGI) will release third quarter fiscal year 2020 earnings on February 6th, 2020 and will host a conference call that day at 8:30 a.m.

Key Points: 
  • BERWYN, Pa., Jan. 16, 2020 /PRNewswire/ -- Triumph Group, Inc. (NYSE: TGI) will release third quarter fiscal year 2020 earnings on February 6th, 2020 and will host a conference call that day at 8:30 a.m.
  • A slide presentation will be included with the audio portion of the webcast.
  • Go to the web site at least fifteen minutes early to register, download, and install any necessary audio software.
  • Triumph Group, Inc., headquartered inBerwyn, Pennsylvania, designs, engineers, manufactures, repairs and overhauls a broad portfolio of aerospace and defense systems, components and structures.