Vought

Aerospace & Defense Composite Ducting Market to Reach $864.7 Million in 2024, Says Stratview Research

Retrieved on: 
Tuesday, May 21, 2019

This strategic assessment report, from Stratview Research, provides a comprehensive analysis that reflects today's aerospace & defense composite ducting market realities and future market possibilities for the forecast period of 2019 to 2024.

Key Points: 
  • This strategic assessment report, from Stratview Research, provides a comprehensive analysis that reflects today's aerospace & defense composite ducting market realities and future market possibilities for the forecast period of 2019 to 2024.
  • Composite Ducting Market in the Global Aerospace & DefenseIndustry: Highlights
    As per Stratview Research, the global aerospace & defense composite ducting market is projected to reach US$ 864.7 million in 2024.
  • Major composite ducting manufacturers for the aerospace & defense industry are Senior Aerospace, Triumph Group, ITT Corporation, Parker Hannifin Corporation, Arrowhead Products, AIM Aerospace, and Stelia Aerospace.
  • Following are the seven ways in which the market is segmented:
    Global Aerospace & Defense Composite Ducting Marketby Aircraft Type:

Triumph Group to Webcast Fourth Quarter Fiscal Year 2019 Earnings Conference Call

Retrieved on: 
Wednesday, April 17, 2019

BERWYN, Pa., April 17, 2019 /PRNewswire/ --Triumph Group, Inc. (NYSE: TGI) will release fourth quarter fiscal year 2019 earnings on May 8, 2019 and will host a conference call that day at 8:30 a.m.

Key Points: 
  • BERWYN, Pa., April 17, 2019 /PRNewswire/ --Triumph Group, Inc. (NYSE: TGI) will release fourth quarter fiscal year 2019 earnings on May 8, 2019 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 Announces Transition of Research Leadership

Retrieved on: 
Friday, March 15, 2019

Dr. Wright is leaving for personal reasons to pursue a new opportunity, and will continue to support Regulus as a scientific advisor.

Key Points: 
  • Dr. Wright is leaving for personal reasons to pursue a new opportunity, and will continue to support Regulus as a scientific advisor.
  • "Tim's role as a scientific advisor to the company will enable a smooth transition and support our interactions with FDA regarding RGLS4326."
  • Regulus Therapeutics Inc. (Nasdaq: RGLS) is a biopharmaceutical company focused on the discovery and development of innovative medicines targeting microRNAs.
  • These and other risks concerning Regulus' financial position and programs are described in additional detail in Regulus filings with the Securities and Exchange Commission.

Triumph Group Announces the Sale of NAAS Line Maintenance Service Provider

Retrieved on: 
Wednesday, March 6, 2019

Triumph Group, Inc. (NYSE:TGI)announced today the sale of Triumph Aviation Services NAAS Division, Inc. (NAAS) to STS Aviation Group.

Key Points: 
  • Triumph Group, Inc. (NYSE:TGI)announced today the sale of Triumph Aviation Services NAAS Division, Inc. (NAAS) to STS Aviation Group.
  • The division generated revenues of approximately $30 million in Triumph Groups 2018 fiscal year, ending on March 31, 2018.
  • NAAS provides line maintenance support to airlines, MROs, government operators and OEMs and has a specialization in fuel systems maintenance, leak detection and bladder cell repair.
  • I am confident the STS team will benefit from the deep line maintenance experience NAAS will add, said Triumph Product Support Executive Vice President, William Kircher.

Triumph Group to Partner with Thailand’s CATC to Foster Aviation Training Development in Southeast Asia

Retrieved on: 
Tuesday, March 5, 2019

Triumph Group, Inc. (NYSE:TGI) announced today that its southeast Asian businesses, Triumph Aviation Services Asia (TASA) and Triumph Structures - Thailand (TST), have signed a comprehensive Memorandum of Understanding (MOU) with Thailand Civil Aviation Training Center (CATC), to work together to foster professional development of aviation talent in Thailand.

Key Points: 
  • Triumph Group, Inc. (NYSE:TGI) announced today that its southeast Asian businesses, Triumph Aviation Services Asia (TASA) and Triumph Structures - Thailand (TST), have signed a comprehensive Memorandum of Understanding (MOU) with Thailand Civil Aviation Training Center (CATC), to work together to foster professional development of aviation talent in Thailand.
  • Triumph and the entire aviation industry in Thailand will benefit from having more future mechanics and technicians trained in the field, Richardson continued.
  • Viewed as an industry leader in the region, Triumph was selected as a partner for the CATC for the expertise they offer.
  • Triumph Aviation Services Asia is the regional aftermarket services headquarters for Triumph Product Support.

Triumph Group Declares Quarterly Dividend

Retrieved on: 
Thursday, February 21, 2019

Triumph Group, Inc. (NYSE:TGI) today announced that its Board of Directors has declared a regular quarterly dividend of $0.04 per share on its outstanding common stock.

Key Points: 
  • Triumph Group, Inc. (NYSE:TGI) today announced that its Board of Directors has declared a regular quarterly dividend of $0.04 per share on its outstanding common stock.
  • The dividend is payable March 15, 2019 to shareholders of record as of March 1, 2019.
  • Triumph Group, Inc., headquartered in Berwyn, Pennsylvania, designs, engineers, manufactures, repairs and overhauls a broad portfolio of aerospace and defense systems, components and structures.
  • The company serves the global aviation industry, including original equipment manufacturers and the full spectrum of military and commercial aircraft operators.

Major U.S. Airline Selects Triumph for Key MRO Work

Retrieved on: 
Tuesday, February 5, 2019

Triumph Group, Inc. (NYSE:TGI) announced today that its Product Support business unit was selected by a major U.S. airline to provide maintenance, repair and overhaul (MRO) services on heat transfer units for the carriers fleet.

Key Points: 
  • Triumph Group, Inc. (NYSE:TGI) announced today that its Product Support business unit was selected by a major U.S. airline to provide maintenance, repair and overhaul (MRO) services on heat transfer units for the carriers fleet.
  • Reflecting our experience as a long-time MRO supplier to the regional aircraft market, this new win marks a key contract from a major U.S. airline for heat transfer products.
  • We are extremely proud of our long history of servicing and supporting the global airline market, said Bill Kircher, Executive Vice President, Triumph Product Support.
  • Triumph Product Support provides airline carriers with superior turn times and customer service, as well as rotable assets, when required.

Triumph Selected to Supply Critical Systems for T-X - Trainer

Retrieved on: 
Thursday, January 31, 2019

Triumph Group, Inc. (NYSE:TGI)announced today that it will provide Airframe Mounted Accessory Drives (AMAD) and hydraulic systems to Saab for the Boeing T-X advanced pilot training jet.

Key Points: 
  • Triumph Group, Inc. (NYSE:TGI)announced today that it will provide Airframe Mounted Accessory Drives (AMAD) and hydraulic systems to Saab for the Boeing T-X advanced pilot training jet.
  • Triumph Integrated Systems Geared Solutions operating company will provide the AMADs, which features the companys aircraft accessory gearbox product line.
  • Triumph Actuation & Control has partnered with Saab for many years, supplying similar hydraulic equipment for other aircraft programs.
  • 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 Announces the Sale of Fabrications Business to Arlington Capital Partners, Advancing Transformation Plan

Retrieved on: 
Monday, January 28, 2019

Triumph Group, Inc. (NYSE:TGI) announced today a definitive agreement to sell Triumph Fabrications to Arlington Capital Partners.

Key Points: 
  • Triumph Group, Inc. (NYSE:TGI) announced today a definitive agreement to sell Triumph Fabrications to Arlington Capital Partners.
  • With the sale of our Fabrications businesses, Triumph continues to execute on our transformation plan by streamlining our portfolio and exiting legacy build-to-print, contract manufacturing businesses to generate shareholder value, said Dan Crowley, Triumph Group President and CEO.
  • Importantly, we believe Arlington Capital Partners will make the necessary investments into the Fabrications business to accelerate its growth as a more focused operation.
  • Arlington Capital Partners is a Washington, D.C.-area private equity firm that has managed $2.2 billion of committed capital via four investment funds.

Triumph Group Announces the Sale of Metallics Machining Business to NWI Holdings

Retrieved on: 
Thursday, January 24, 2019

Triumph Group, Inc. (NYSE:TGI)announced today a definitive agreement to sell its metallics machining operations to NWI Holdings, an affiliate of TECT Aerospace and TECT Power.

Key Points: 
  • Triumph Group, Inc. (NYSE:TGI)announced today a definitive agreement to sell its metallics machining operations to NWI Holdings, an affiliate of TECT Aerospace and TECT Power.
  • The sale of Triumphs machining businesses to NWI Holdings is another step forward in our strategic initiative to exit non-core build-to-print, contract manufacturing businesses to generate shareholder value.
  • Triumph continues to transform its portfolio, reduce debt and position the business for reinvestment in new areas of opportunity, saidDan Crowley, President and CEO of Triumph Group.
  • The metallics machining operations included in the agreement are Triumph Structures Kansas City, Inc., Triumph Structures Wichita, Inc., Triumph Gear Systems Toronto, ULC and Triumph Northwest (The Triumph Group Operations, Inc.) in Oregon.