Triumph Group

Qarbon Aerospace Selected by LIFT Aircraft Inc. to Perform Complete System Integration and Assembly for LIFT’s eVTOL Aircraft, HEXA, at the Qarbon Facility in Red Oak, Texas

Retrieved on: 
Monday, June 21, 2021
Engineering, Air, Transport, Aerospace, Manufacturing, Other Manufacturing, Aerospace, Economic taxonomy, Industry economics), Triumph Group

Qarbon Aerospace, Inc. (Qarbon Aerospace) announced an agreement today with LIFT Aircraft Inc. to perform complete system integration and assembly for LIFT's eVTOL aircraft, HEXA, at the Qarbon Aerospace manufacturing facility in Red Oak, Texas.

Key Points: 
  • Qarbon Aerospace, Inc. (Qarbon Aerospace) announced an agreement today with LIFT Aircraft Inc. to perform complete system integration and assembly for LIFT's eVTOL aircraft, HEXA, at the Qarbon Aerospace manufacturing facility in Red Oak, Texas.
  • "This integration and assembly work expands upon the strong existing relationship between Qarbon Aerospace and the LIFT Aircraft team.
  • The Qarbon Aerospace Thailand facility, (Qarbon Aerospace Thailand Ltd.) currently manufactures the carbon fiber structure for HEXA.
  • In addition to this system integration and assembly agreement, Qarbon Aerospace will perform supply chain sourcing for the aircraft, making the Tier 1 aerospace supplier the end-to-end manufacturer of the LIFT HEXA aircraft.

Avcorp Announces Election of Directors

Retrieved on: 
Wednesday, June 16, 2021
Triumph Group, Vought

The Avcorp Group has more than 65 years of experience, over 500 skilled employees and 560,000 square feet of facilities.

Key Points: 
  • The Avcorp Group has more than 65 years of experience, over 500 skilled employees and 560,000 square feet of facilities.
  • Avcorp Structures & Integration located in Delta British Columbia, Canada is dedicated to metallic and composite aerostructures assembly and integration; Avcorp Engineered Composites located in Burlington Ontario, Canada is dedicated to design and manufacture of composite aerostructures, and Avcorp Composite Fabrication located in Gardena California, USA has advanced composite aerostructures fabrication capabilities for composite aerostructures.
  • Avcorp Composite Fabrication Inc. is wholly owned by Avcorp US Holdings Inc.
  • Both companies are incorporated in the State of Delaware, USA, and are wholly owned subsidiaries of Avcorp Industries Inc.
    Comtek Advanced Structures Ltd., incorporated in the Province of Ontario, Canada, is a wholly owned subsidiary of Avcorp Industries Inc.

Qarbon Aerospace Selected by Boeing to Provide Complex Composite Components for the AEW&C Program

Retrieved on: 
Tuesday, June 15, 2021
Air, Transport, Aerospace, Manufacturing, Milledgeville, Triumph Group

Qarbon Aerospace, Inc. (Qarbon Aerospace) today announces an agreement with The Boeing Company (NYSE:BA) to provide complex composite components supporting their AEW&C program out of its facility, Qarbon Aerospace (Lafayette), LLC located in Milledgeville, Georgia.

Key Points: 
  • Qarbon Aerospace, Inc. (Qarbon Aerospace) today announces an agreement with The Boeing Company (NYSE:BA) to provide complex composite components supporting their AEW&C program out of its facility, Qarbon Aerospace (Lafayette), LLC located in Milledgeville, Georgia.
  • "This agreement marks the first purchase contract for Qarbon Aerospace, Inc. since our announcement as a new company on May 10, 2021.
  • Qarbon Aerospace operates nearly two million square feet of factory space across three facilities located in Red Oak, Texas, Milledgeville, Georgia, and Rayong, Thailand.
  • Qarbon Aerospace has vertically integrated manufacturing capabilities from component fabrication through large-scale assembly as well as world-leading proprietary thermoplastics technologies.

Aircraft Heat Exchanger Market by Application, Type, Vendor, Platform and Region - Global Forecast to 2026 - ResearchAndMarkets.com

Retrieved on: 
Wednesday, June 2, 2021
Aerospace, Manufacturing, Technology, Heat exchangers, Heat transfer, Science and technology, Unmanned aerial vehicle, Environmental control system, Articles, Triumph Group

The "Aircraft Heat Exchanger Market by Application (Environmental Control System and Engine System), Type (Plate-Fin, Flat Tube), Vendor (OEM, Aftermarket), Platform (Fixed-Wing Aircraft, Rotary-Wing Aircraft, and UAVS), and Region - Global Forecast to 2026" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Aircraft Heat Exchanger Market by Application (Environmental Control System and Engine System), Type (Plate-Fin, Flat Tube), Vendor (OEM, Aftermarket), Platform (Fixed-Wing Aircraft, Rotary-Wing Aircraft, and UAVS), and Region - Global Forecast to 2026" report has been added to ResearchAndMarkets.com's offering.
  • Based on vendor, the aircraft heat exchanger market has been segmented into OEM (Original Equipment Manufacturer) and aftermarket.
  • Based on platform, the aircraft heat exchanger market has been segmented into fixed-wing aircraft, rotary-wing aircraft, and Unmanned Aerial Vehicles (UAVs).
  • Also, factors like cheap and high skilled personnel for manufacturing of aircraft heat exchangers is boosting the market in Asia Pacific region.

Triumph Receives MRO Agreement From Collins Aerospace For Environmental System Components

Retrieved on: 
Wednesday, May 12, 2021
Triumph Group, Vought, Maintenance, Human activities, Aircraft maintenance, Aircraft, Economy of the United States, ST Aerospace

b'BERWYN, Pa., May 12, 2021 /PRNewswire/ --Triumph Group [NYSE:TGI] announced today that its maintenance, repair and overhaul business, Triumph Product Support, was awarded a seven year agreement from Collins Aerospace for repair services on various environmental control system components.\nUnder this agreement, the Triumph Product Support facility in Wellington, Kansas will repair and overhaul original equipment parts including air cycle machines, refrigeration packages, housings, ejectors, and fans across multiple platforms.\n"Triumph is well equipped to support original equipment manufacturers as they serve their customers, providing seamless, high quality repairs and overall MRO support," said Jim Berberet, President, Triumph Product Support operating company.

Key Points: 
  • b'BERWYN, Pa., May 12, 2021 /PRNewswire/ --Triumph Group [NYSE:TGI] announced today that its maintenance, repair and overhaul business, Triumph Product Support, was awarded a seven year agreement from Collins Aerospace for repair services on various environmental control system components.\nUnder this agreement, the Triumph Product Support facility in Wellington, Kansas will repair and overhaul original equipment parts including air cycle machines, refrigeration packages, housings, ejectors, and fans across multiple platforms.\n"Triumph is well equipped to support original equipment manufacturers as they serve their customers, providing seamless, high quality repairs and overall MRO support," said Jim Berberet, President, Triumph Product Support operating company.
  • "Our accessory services business provides critical component care for a broad range of original equipment components.As one of the largest independent, global MRO providers, our product and service portfolio offers many solutions to benefit OEMs and airline carriers, including tailored support programs that meet service needs for all types of aircraft.
  • "\nTriumph 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.\n'

Arlington Capital Partners Closes the Acquisition of Triumph’s Composites Business, Forming Qarbon Aerospace

Retrieved on: 
Monday, May 10, 2021
Finance, Aerospace, Banking, Manufacturing, Professional services, Triumph Group, Vought, Arlington Capital Partners, Economy of the United States, Arlington Capital Partners, Qarbon Aerospace, ARLINGTON CAPITAL PARTNERS, QARBON AEROSPACE

b'Arlington Capital Partners (\xe2\x80\x9cArlington\xe2\x80\x9d), a Washington, DC-area private equity firm, today announced it has completed the acquisition of Triumph Group, Inc.\xe2\x80\x99s (NYSE: TGI) composites business.

Key Points: 
  • b'Arlington Capital Partners (\xe2\x80\x9cArlington\xe2\x80\x9d), a Washington, DC-area private equity firm, today announced it has completed the acquisition of Triumph Group, Inc.\xe2\x80\x99s (NYSE: TGI) composites business.
  • Going forward, the business will operate independently as Qarbon Aerospace (the \xe2\x80\x9cCompany\xe2\x80\x9d).\nQarbon Aerospace is a leading provider of large, complex structural components and assemblies such as fuselages, wings, flight control surfaces, and engine nacelles.
  • Qarbon Aerospace has vertically integrated manufacturing capabilities from component fabrication through large-scale assembly as well as proprietary thermoplastics technologies.
  • Arlington is focused on middle market investment opportunities in growth industries including aerospace & defense, government services and technology, healthcare, and business services and software.

Triumph Group to Webcast Fourth Quarter Fiscal Year 2021 Earnings Conference Call Live Webcast scheduled for 8:30 AM ET on May 20, 2021

Retrieved on: 
Tuesday, May 4, 2021
Triumph Group, Vought, TGI, New York Stock Exchange, Economy of the United States, Companies, Economy of Pennsylvania

b'BERWYN, Pa., May 4, 2021 /PRNewswire/ --Triumph Group, Inc. (NYSE: TGI) will release fourth quarter fiscal year 2021 earnings on May 20, 2021 and will host a conference call that day at 8:30 a.m.

Key Points: 
  • b'BERWYN, Pa., May 4, 2021 /PRNewswire/ --Triumph Group, Inc. (NYSE: TGI) will release fourth quarter fiscal year 2021 earnings on May 20, 2021 and will host a conference call that day at 8:30 a.m.
  • ET.
  • A slide presentation will be included with the audio portion of the webcast.\nGo to the web site at least fifteen minutes early to register, download, and install any necessary audio software.\nFor 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.\nTriumph Group, Inc., headquartered inBerwyn, 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.\n'

Triumph Group Elects William L. Mansfield Lead Independent Director

Retrieved on: 
Monday, May 3, 2021
Mansfield, Ohio, Mansfield, Eberhart, Triumph Group, TGI, States of the United States, Geography of the United States, Cities in the United States

b'BERWYN, Pa., May 3, 2021 /PRNewswire/ -- Triumph Group, Inc. (NYSE: TGI) ("Triumph" or the "Company") today announced that its Board of Directors has unanimously elected William "Bill" L. Mansfield as Lead Independent Director, effective July 21, 2021.

Key Points: 
  • b'BERWYN, Pa., May 3, 2021 /PRNewswire/ -- Triumph Group, Inc. (NYSE: TGI) ("Triumph" or the "Company") today announced that its Board of Directors has unanimously elected William "Bill" L. Mansfield as Lead Independent Director, effective July 21, 2021.
  • Mr. Mansfield will succeed General Ralph "Ed" Eberhart, who has served as a director since June 2010, Chair from April 2015 to November 2020, and Lead Independent Director since November 2020.
  • Gen. Eberhart is expected to remain on the Board as a director following the transition.\nMr.
  • Mansfield joined the Board in November 2012 and, since July 2020, has served as Chair of the Finance Committee.

Air Industries Group Announces $6 Million Purchase Order for F-18 Landing Gear Components

Retrieved on: 
Tuesday, April 6, 2021
Other Manufacturing, Other Transport, Contracts, Air, Transport, Oil, Gas, Aerospace, Manufacturing, Energy, Defense, Aerospace, Companies, Triumph Group

Air Industries Group (NYSE AMEX: AIRI):

Key Points: 
  • Air Industries Group (NYSE AMEX: AIRI):
    Air Industries Group (Air Industries or the Company), an integrated manufacturer of precision assemblies and components for leading aerospace and defense prime contractors today announced it has received purchase orders totaling in excess of $6 Million to manufacture major landing gear components for the F-18 fighter aircraft.
  • Mr. Lou Melluzzo, CEO of Air Industries commented: Air Industries has held a license to manufacture complete landing gear and related components for the F-18 for many years.
  • Additional information about the Company can be found in its filings with the SEC.
  • Air Industries Group (AIRI) is an integrated manufacturer of precision equipment assemblies and components for leading aerospace and defense prime contractors.

Aircraft Landing Gear Systems Market to Grow by USD 3.63 Billion during 2021-2025|Technavio

Retrieved on: 
Wednesday, March 24, 2021
Landing Gear, Landing, Flight, Transport, Aviation, Héroux-Devtek, Triumph Group

In addition, the creation of new air routes to tap market potential is anticipated to boost the growth of the aircraft landing gear systems market.

Key Points: 
  • In addition, the creation of new air routes to tap market potential is anticipated to boost the growth of the aircraft landing gear systems market.
  • Hence, increasing M&A activities are expected to contribute to the growth of the global aircraft landing gear systems market during the forecast period.
  • The company provides landing gear systems to various aircraft manufacturers and they also provide the complete landing gear actuation sub-system including actuators, locks, control valves, sensors, and control electronics.
  • Aircraft Landing Gear Systems Market Application Outlook (Revenue, USD billion, 2020-2025)
    Aircraft Landing Gear Systems Market Geography Outlook (Revenue, USD billion, 2020-2025)
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