Triumph Group

Barnes Aerospace Celebrates Expansion of Its West Chester, Ohio Maintenance, Repair, and Overhaul Facility

Retrieved on: 
Tuesday, March 23, 2021

Barnes Aerospace, a business unit of Barnes Group Inc. (NYSE: B), today announced the expansion of its Maintenance, Repair, and Overhaul (MRO) facility in West Chester, Ohio at a ribbon cutting ceremony to celebrate the occasion.

Key Points: 
  • Barnes Aerospace, a business unit of Barnes Group Inc. (NYSE: B), today announced the expansion of its Maintenance, Repair, and Overhaul (MRO) facility in West Chester, Ohio at a ribbon cutting ceremony to celebrate the occasion.
  • The West Chester MRO operation specializes in a variety of critical machining functions and extensive inspection applications for the global aviation industry.
  • The expansion of our capabilities in our West Chester facility will support our industry-leading quality and delivery performance, creating value for our customers.
  • Barnes Aerospace is a global manufacturer of complex fabricated and precision-machined components and assemblies for turbine engines, nacelles and structures for both commercial and defense-related aircraft.

Triumph Group Expands Aerospace Structures Divestitures To Arlington Capital Partners With Sale Of Its Red Oak Texas Operations

Retrieved on: 
Thursday, February 11, 2021

BERWYN, Pa., Feb. 10, 2021 /PRNewswire/ -- Triumph Group, Inc. (NYSE:TGI) announced today that it has entered into a definitive agreement to sell its Red Oak, Texas operations to Arlington Capital Partners.

Key Points: 
  • BERWYN, Pa., Feb. 10, 2021 /PRNewswire/ -- Triumph Group, Inc. (NYSE:TGI) announced today that it has entered into a definitive agreement to sell its Red Oak, Texas operations to Arlington Capital Partners.
  • Arlington Capital Partners will combine the Red Oak business with the composites facilities it is separately acquiring from Triumph pursuant to a previously announced agreement.
  • "With the sale of Triumph's Red Oak and composites operations, Triumph continues to execute on its strategic path to value initiative to exit large structures manufacturing and reduce our leverage.
  • Arlington Capital Partners is a Washington, DC-based private equity firm that is currently investing out of Arlington Capital Partners V, L.P., a $1.7 billion fund.

Triumph Group to Webcast Third Quarter Fiscal Year 2021 Earnings Conference Call

Retrieved on: 
Friday, January 15, 2021

BERWYN, Pa., Jan. 14, 2021 /PRNewswire/ --Triumph Group, Inc. (NYSE: TGI) will release third quarter fiscal year 2021 earnings on February 3, 2021 and will host a conference call that day at 8:30 a.m.

Key Points: 
  • BERWYN, Pa., Jan. 14, 2021 /PRNewswire/ --Triumph Group, Inc. (NYSE: TGI) will release third quarter fiscal year 2021 earnings on February 3, 2021 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.

Chris Blair to Join Radius Aerospace as Head of Business Development

Retrieved on: 
Tuesday, January 5, 2021

Radius Aerospace, Inc. (Radius or the Company) announced today that Chris Blair has joined the executive leadership team as Head of Business Development.

Key Points: 
  • Radius Aerospace, Inc. (Radius or the Company) announced today that Chris Blair has joined the executive leadership team as Head of Business Development.
  • In this role, Blair will oversee major customer relationships and Radius new business development and sales functions, and help guide the Company on its continued growth trajectory.
  • Blair brings over 23 years of business development expertise to Radius.
  • Prior to Incora, Blair served in various executive level capacities at Triumph Group, where he served as the Head of Aerostructures Business Development and VP of Corporate Business Development.

Triumph Group Extends CEO Daniel J. Crowley's Contract And Elects Him As Chair Of The Board

Retrieved on: 
Wednesday, November 18, 2020

The Company also today announced that its Board of Directors has unanimously elected Mr. Crowley as Board Chair, effective immediately.

Key Points: 
  • The Company also today announced that its Board of Directors has unanimously elected Mr. Crowley as Board Chair, effective immediately.
  • Mr. Crowley succeeds General Ralph "Ed" Eberhart, who has served as a director since June 2010 and as non-executive Chairman of the Board since April 2015.
  • Gen. Eberhart will remain on the Board and will assume the role of Lead Independent Director, effective immediately.
  • The Triumph Group Board of Directors comprises nine directors, eight of whom are independent and five of whom have been added to the Board since 2018.

Park Aerospace Corp. Announces Celebration of 60th Anniversary of its Initial Public Offering

Retrieved on: 
Tuesday, November 17, 2020

NEWTON, Kan., Nov. 17, 2020 (GLOBE NEWSWIRE) -- Park Aerospace Corp. announced the celebration of the 60th anniversary of its initial public offering, which occurred on November 17, 1960.

Key Points: 
  • NEWTON, Kan., Nov. 17, 2020 (GLOBE NEWSWIRE) -- Park Aerospace Corp. announced the celebration of the 60th anniversary of its initial public offering, which occurred on November 17, 1960.
  • The Company changed its name to Park Aerospace Corp. on July 17, 2019.)
  • Park Aerospace Corp. develops and manufactures solution and hot-melt advanced composite materials used to produce composite structures for the global aerospace markets.
  • As a complement to Parks advanced composite materials offering, Park designs and fabricates composite parts, structures and assemblies and low volume tooling for the aerospace industry.

Triumph Group to Webcast Second Quarter Fiscal Year 2021 Earnings Conference Call

Retrieved on: 
Monday, October 19, 2020

BERWYN, Pa., Oct. 19, 2020 /PRNewswire/ --Triumph Group, Inc. (NYSE: TGI) will release second quarter fiscal year 2021 earnings on November 5, 2020 and will host a conference call that day at 8:30 a.m.

Key Points: 
  • BERWYN, Pa., Oct. 19, 2020 /PRNewswire/ --Triumph Group, Inc. (NYSE: TGI) will release second quarter fiscal year 2021 earnings on November 5, 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.

TIGHITCO Receives Special Process Approval Qualifications from Sikorsky, a Lockheed Martin Company

Retrieved on: 
Thursday, October 1, 2020

TIGHITCOTM Inc. is pleased to announce that its South Carolina Aerostructures facility has been awarded Sikorsky Special Process Approvals as a Group 2 Supplier.

Key Points: 
  • TIGHITCOTM Inc. is pleased to announce that its South Carolina Aerostructures facility has been awarded Sikorsky Special Process Approvals as a Group 2 Supplier.
  • This approval allows the Charleston facility to manufacture Sikorsky composite part details and assemblies.
  • We are very excited about this Supplier Approval Award as it significantly expands the capacity and capability of our Aerostructures Division.
  • About TIGHITCO Inc.: TIGHITCO is an industry leader in the design, fabrication and assembly of engineered components for aerospace and industrial applications.

Triumph Group And Airbus Extend Partnership To Satisfy Recovering MRO Demand In Asia

Retrieved on: 
Tuesday, September 1, 2020

TASA is a subsidiary of Triumph Systems & Support and serves the Asia Pacific region.

Key Points: 
  • TASA is a subsidiary of Triumph Systems & Support and serves the Asia Pacific region.
  • "Our team is delighted to continue its longstanding partnership with Airbus and expand the value we bring through the increased scope of this contract," said William Kircher, Executive Vice President of Triumph Systems & Support.
  • "With TASA in place as a single-source, fully integrated MRO provider based in Thailand, Triumph is able to provide unique advantages for our customers within the region.
  • Triumph Group, Inc., headquartered in Berwyn, Pennsylvania, designs, engineers, manufactures, repairs and overhauls a broad portfolio of aerospace and defense systems, components and structures.

Global Aerospace Valves Market Outlook to 2027: A $6.98 Billion Industry Assessment - ResearchAndMarkets.com

Retrieved on: 
Tuesday, August 4, 2020

The "Aerospace Valves - Global Market Outlook (2019-2027)" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Aerospace Valves - Global Market Outlook (2019-2027)" report has been added to ResearchAndMarkets.com's offering.
  • The Global Aerospace Valves market accounted for $3.94 billion in 2019 and is expected to reach $6.98 billion by 2027, growing at a CAGR of 7.4% during the forecast period.
  • Some of the key players profiled in the Aerospace Valves Market include Zodiac Aerospace, Woodward, Valcor Engineering, United Technologies, Triumph Group, Sitec Aerospace, Ram Company, Parker Hannifin, Moog, Porvair, Marotta Controls, Liebherr, ITT Aerospace Controls, Honeywell, Eaton, Crissair, Meggitt, Circor International, AeroControlex and Crane Aerospace.
  • Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
    Company Profiling with detailed strategies, financials and recent developments