Vought

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

Retrieved on: 
Thursday, January 17, 2019

Go to the web site at least fifteen minutes early to register, download, and install any necessary audio software.

Key Points: 
  • Go to the web site at least fifteen minutes early to register, download, and install any necessary audio software.
  • For those who cannot listen to the live broadcast, a replay will be available two hours after the call and will remain available for 90 days.
  • 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.

Bombardier Selects Triumph for A320neo Nacelle Components

Retrieved on: 
Thursday, January 17, 2019

Triumph Group, Inc. (NYSE: TGI)announced today that its Integrated Systems business unit will provide nacelle components for Bombardier Belfast in support of their thrust reverser units for the Geared Turbo Fan powered A320neo aircraft.

Key Points: 
  • Triumph Group, Inc. (NYSE: TGI)announced today that its Integrated Systems business unit will provide nacelle components for Bombardier Belfast in support of their thrust reverser units for the Geared Turbo Fan powered A320neo aircraft.
  • Triumph Integrated Systems currently provides cowl opening actuators for the CFM powered A320neo aircraft.
  • The company also provides engine nacelle components for all major programs including the A330, B737, B787, B777X, G280 and Legacy 450/500.
  • Triumph Group, Inc., headquartered in Berwyn, Pennsylvania, designs, engineers, manufactures, repairs and overhauls a broad portfolio of aerospace and defense systems, components and structures.

TurbineAero, Inc. Announces Acquisition of APU Piece Part Repair Business from the Triumph Group

Retrieved on: 
Wednesday, January 16, 2019

TurbineAero, a portfolio company of The Gores Group, announced today the acquisition of the APU piece part repair product line (RPL) from Triumph Aviation Services Asia, Ltd.

Key Points: 
  • TurbineAero, a portfolio company of The Gores Group, announced today the acquisition of the APU piece part repair product line (RPL) from Triumph Aviation Services Asia, Ltd.
  • View the full release here: https://www.businesswire.com/news/home/20190115005959/en/
    The acquisition of this business segment integrates APU piece part repair into the APU Systems MRO in TurbineAeros Asia facility which increases in-house capabilities, improves turn-times and assures extra cost reduction.
  • We are delighted to add the APU piece part repair technology to our existing APU Systems MRO capabilities.
  • We are excited to conclude the acquisition of the APU piece part repair product line from the Triumph Group.

Triumph to Provide Complex Structural Forms for Bombardier Thrust Reversers on A320neo

Retrieved on: 
Monday, January 14, 2019

Triumph Group, Inc. (NYSE: TGI)announced today that it will provide structural formed skins for the Bombardier thrust reversers to be fitted on Geared Turbo Fan powered A320neo aircraft.

Key Points: 
  • Triumph Group, Inc. (NYSE: TGI)announced today that it will provide structural formed skins for the Bombardier thrust reversers to be fitted on Geared Turbo Fan powered A320neo aircraft.
  • Under the contract Triumph will work with Bombardier Belfast to support the production of the newly designed thrust reversers as it completes the initial phases of design and test, and on through the full program lifecycle.
  • Triumphs Fabrications business based out of Hot Springs, Arkansas will produce structural skins for the thrust reversers using metal-forming techniques.
  • We are excited to be onboard with Bombardier Belfast in support of the A320neo thrust reverser program.

Triumph Awarded DLA Contract Extension for Enhanced Digital Electronic Engine Control Units

Retrieved on: 
Thursday, January 10, 2019

Triumph Group, Inc. (NYSE:TGI) recently announced that the Defense Logistics Agency has awarded Triumph Integrated Systems with a five-year contract for indefinite quantity and delivery of Enhanced Digital Electronic Control Units (EDECUs) for use in the U.S. Armys UH-60 Black Hawk and AH-64 Apache fleet.

Key Points: 
  • Triumph Group, Inc. (NYSE:TGI) recently announced that the Defense Logistics Agency has awarded Triumph Integrated Systems with a five-year contract for indefinite quantity and delivery of Enhanced Digital Electronic Control Units (EDECUs) for use in the U.S. Armys UH-60 Black Hawk and AH-64 Apache fleet.
  • The contract, valued at more than $77 million, will enable the Army to complete the upgrade of the digital electronic control units on the highly utilized fleets providing the additional engine control capability of the enhanced units.
  • Triumphs Engine & Control business in West Hartford, Connecticut will manufacture approximately 3,100 EDECUs to satisfy the contract.
  • Triumph was originally awarded the logistics contract to replace the digital electronic control units in 2013 following its participation in the Armys Universal Control Technology Program.

Triumph Group Completes Sale of APU Repair Product Line

Retrieved on: 
Thursday, January 10, 2019

Triumph Group, Inc. (NYSE:TGI) announced today that it has completed the previously announced sale of it APU Repair Product Line (RPL) of Triumph Aviation Services Asia, Ltd. (TASA).

Key Points: 
  • Triumph Group, Inc. (NYSE:TGI) announced today that it has completed the previously announced sale of it APU Repair Product Line (RPL) of Triumph Aviation Services Asia, Ltd. (TASA).
  • On May 3, 2018, Triumph Group signed a definitive agreement to sell 100 percent of the assets of APU Repair Product Line of Triumph Aviation Services Asia, Ltd. to TurbineAero, Inc. (TurbineAero).
  • RPL is based in Chonburi, Thailand and provides repair services for APU component parts.
  • TurbineAero, a portfolio company of The Gores Group, is the worlds leading independent aerospace component maintenance, repair, and overhaul service providers focused on APUs and related products.

Aviation Technical Services (ATS) Announces New Senior Director of Sales

Retrieved on: 
Monday, June 25, 2018

EVERETT, Wash., June 25, 2018 /PRNewswire/ --Aviation Technical Services (ATS) today announced that Debbie Chandlerhas joined the company effective June 18, 2018 as Senior Director of Sales.

Key Points: 
  • EVERETT, Wash., June 25, 2018 /PRNewswire/ --Aviation Technical Services (ATS) today announced that Debbie Chandlerhas joined the company effective June 18, 2018 as Senior Director of Sales.
  • She will report to the Senior Vice President of Sales, Joe Greenwood.
  • She most recently served as the Director of Sales for Triumph Product Support Group where she was responsible for sales support for major airlines operators and components providers.
  • Aviation Technical Services (ATS) provides a broad and growing portfolio of technical services in MRO, Engineering, Component Repair and Parts Development world-wide.

Regulus Reports First Quarter 2018 Financial Results and Pipeline Progress

Retrieved on: 
Thursday, May 10, 2018

(Nasdaq: RGLS), a biopharmaceutical company leading the discovery and development of innovative medicines targeting microRNAs, today reported financial results for the first quarter ended March 31, 2018 and provided a pipeline update.

Key Points: 
  • (Nasdaq: RGLS), a biopharmaceutical company leading the discovery and development of innovative medicines targeting microRNAs, today reported financial results for the first quarter ended March 31, 2018 and provided a pipeline update.
  • Cash Position: As of March 31, 2018, Regulus had cash, cash equivalents and short-term investments of $45.1 million.
  • Regulus will host a conference call and webcast today at 5:00 p.m. Eastern Time to discuss first quarter financial results and provide a general business update.
  • These and other risks concerning Regulus' financial position and programs are described in additional detail in Regulus filings with the Securities and Exchange Commission.