Berwyn, PA, United States
Berwyn, PA, United States

Triumph Group, Inc. is an international supplier of aerospace components and systems. Based in Berwyn, Pennsylvania, USA, Triumph engineers, designs, and manufactures aircraft components, systems and accessories. Several services and products are offered through three of their operating organizations, Triumph Aerospace Systems Group, Triumph Aerostructures and Triumph Aftermarket Services Group.Triumph Group serves original equipment manufacturers of regional, commercial, military and business aircraft and components, as well as air cargo carriers and regional and commercial airlines. Wikipedia.

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News Article | April 28, 2017
Site: www.businesswire.com

BERWYN, Pa.--(BUSINESS WIRE)--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 June 15, 2017 to shareholders of record as of June 1, 2017. Triumph Group, Inc., headquartered in Berwyn, Pennsylvania, designs, engineers, manufactures, repairs and overhauls a broad portfolio of aircraft structures, components, accessories, subassemblies and systems. The company serves a broad, worldwide spectrum of the aviation industry, including original equipment manufacturers of commercial, regional, business and military aircraft and aircraft components, as well as commercial and regional airlines and air cargo carriers. More information about Triumph can be found on the company’s website at www.triumphgroup.com.


News Article | April 17, 2017
Site: www.businesswire.com

BERWYN, Pa.--(BUSINESS WIRE)--Triumph Group, Inc. (NYSE:TGI) was selected by Boeing to supply composite detail and assembly parts for the 787 Dreamliner. Under the contract, Triumph Precision Components – Composites Center of Excellence site in Milledgeville, Georgia, will produce and deliver composite details and assemblies for the 787 section 47/48 fuselage assembled in Charleston, South Carolina. “We are extremely pleased our team in Milledgeville has secured this work extension with Boeing for the 787,” said Phil Treadway, president of Triumph Precision Components – Composites operating company. “Winning this follow-on agreement with Boeing for composite parts for the Dreamliner demonstrates our ability to provide customers like Boeing with quality, performance and customer service they expect in a Tier 1 supplier.” Triumph will deliver shipsets directly to the Boeing South Carolina facility for integration into the aft body sections of the airplane. The Triumph Milledgeville site has been a supplier to Boeing South Carolina since 2009. Triumph Group, Inc., headquartered in Berwyn, Pennsylvania, designs, engineers, manufactures, repairs and overhauls a broad portfolio of aircraft structures, components, accessories, subassemblies and systems. The company serves a broad, worldwide spectrum of the aviation industry, including original equipment manufacturers of commercial, regional, business and military aircraft and aircraft components, as well as commercial and regional airlines and air cargo carriers. More information about Triumph can be found on the company’s website at http://www.triumphgroup.com.


DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Growth Opportunities in the Global Aerospace Accumulator Market" report to their offering. The future of the global aerospace accumulator market looks promising with opportunities in commercial aircraft, regional aircraft, general aviation, helicopter, and military aircraft. The global aerospace accumulator market is expected to grow with a CAGR of 4.7% from 2017 to 2022. The major drivers of growth for this market are increasing aircraft delivery, increasing demand for wide body aircraft, and increasing demand for metal bellow accumulators in new aircraft and aircraft variants. Emerging trends, which have a direct impact on the dynamics of the industry, include the use of composites as outer cover in steel accumulator for weight reduction and maintenance free accumulators to reduce maintenance costs. The study includes a forecast for the global aerospace accumulator market by aircraft type, product type, material type, and region as follows: Aerospace accumulator market by Product Type (Value ($ million) and Volume (units) from 2011 to 2022): Aerospace accumulator market by Aircraft Type (Value ($ million) and Volume (units) from 2011 to 2022): Aerospace accumulator companies profiled in this market report include Parker Hannifin, Eaton Corporation, Triumph Group, Inc., Senior Aerospace, HYDAC Technology, and APPH Group. Within aircraft type, the commercial aircraft segment is expected to remain the largest market during the forecast period. Commercial aircraft are the largest in size, so they require larger accumulators that are costlier than any other type of aircraft. North America is expected to remain the largest region during the forecast period due to high demand for newer aircraft and the ongoing replacement of an aging fleet. Aircraft accumulator demand is directly proportional to aircraft delivery. 3. Market Trends and Forecast Analysis from 2011 to 2022 For more information about this report visit http://www.researchandmarkets.com/research/fmk7r8/growth


News Article | July 26, 2017
Site: www.businesswire.com

BERWYN, Pa.--(BUSINESS WIRE)--Triumph Group, Inc. (NYSE:TGI) (“Triumph” or the “Company”) today reported financial results for its first quarter of fiscal year 2018, which ended June 30, 2017. “Building on last year’s progress, we made measurable headway in Q1 on our transformation as we create the foundation for sustained growth and profitability,” stated Daniel J. Crowley, Triumph’s president and chief executive officer. “Our recent contract agreements with major OEMs included substantial cash payments, advances, price adjustments and contract extensions which increase our financial flexibility and backlog profitability. While the recent settlement results are not yet evident in the top and bottom line, our customers recognize the evolving strategic, operational and cultural changes in our company, which have resulted in stronger relationships. We expect to see the full benefit of these settlements over FY19-FY21 as production deliveries ramp up.” Mr. Crowley continued, “We improved on-time delivery and quality performance in Q1, leading to new business opportunities. Our intensified capture efforts allowed Triumph to achieve a TTM book-to-bill ratio exceeding 1:1, translating to a backlog growth of over 5% to $4.2 billion. Our new customer partnerships translated into higher proposal volume and wins in dual-source and competitive takeaway arenas as part of our drive for organic growth.” “The sales decline in Q1 was anticipated and primarily driven by the ending of production on two large legacy programs. Our Integrated Systems segment continues to deliver strong profitability, with operating margin expanding both sequentially and year-over-year despite lower sales. Product Support results reflected the effect of divestitures, deferred customer contracts and changes in mix. Operational improvement for our Aerospace Structures and Precision Components segments will remain key areas of focus over the course of this year. We are confident that these businesses have the potential to deliver higher levels of profitability and cash flow generation on a sustained basis.” Excluding the impact of divestitures, sales were down 11% primarily due to the completion of the C-17 and G450 programs, production rate reductions and price step-downs on the 747-8 and 777, along with the timing of deliveries on certain programs. These factors were partially offset by increased production on the A330 and Global Hawk/Triton programs. Operating income included $18.4 million of transformation related costs. Net loss for the first quarter of fiscal year 2018 was ($1.9) million, or a loss of ($0.04) per share. Triumph’s results included the following: The number of shares used in computing diluted earnings per share for the first quarter of fiscal year 2018 was 49.5 million. For the quarter ended June 30, 2017, cash use from operations was $99.0 million, a sequential decline from the fiscal 2017 fourth quarter, as anticipated, due to the liquidation of customer advances received in fiscal year 2017 coupled with spending on key development programs, transformation related costs and reduced customer financing, partially offset by favorable customer settlements. Based on anticipated aircraft production rates and divestitures completed in fiscal year 2017, the Company continues to expect that revenue for fiscal year 2018 will be approximately $3.1 to $3.2 billion, and to increase in fiscal year 2019 as development programs enter production and sales from new wins offset sunsetting programs. Additionally, the Company expects fiscal year 2018 adjusted earnings per diluted share of $2.25 to $2.75, and free cash use of $450 to $500 million, which includes $275 million related to the reduction in customer advances received in fiscal 2017 and $200 million of working capital to prepare the supply chain for production rate increases on Aerospace Structures programs. The Company’s current outlook includes transformation related costs and benefits but does not take into account the impact of any potential divestitures. Triumph Group will hold a conference call today, July 26th at 8:30 a.m. (ET) to discuss the first quarter fiscal year 2018 results. The conference call will be available live and archived on the Company’s website at http://www.triumphgroup.com. A slide presentation will be included with the audio portion of the webcast. An audio replay will be available from July 26th to August 2nd by calling (855) 859-2056 (Domestic) or (404) 537-3406 (International), passcode #54017138. Triumph Group, Inc., headquartered in Berwyn, Pennsylvania, designs, engineers, manufactures, repairs and overhauls a broad portfolio of aircraft structures, components, accessories, subassemblies and systems. The Company serves a broad, worldwide spectrum of the aviation industry, including original equipment manufacturers of commercial, regional, business and military aircraft and aircraft components, as well as commercial and regional airlines and air cargo carriers. More information about Triumph can be found on the Company’s website at www.triumphgroup.com. Statements in this release which are not historical facts are forward-looking statements under the provisions of the Private Securities Litigation Reform Act of 1995, including statements of expectations of or assumptions about financial and operational performance, revenues, earnings per share, cash flow or use, cost savings and operational efficiencies and organizational restructurings. All forward-looking statements involve risks and uncertainties which could affect the Company’s actual results and could cause its actual results to differ materially from those expressed in any forward-looking statements made by, or on behalf of, the Company. Further information regarding the important factors that could cause actual results to differ from projected results can be found in Triumph Group’s reports filed with the SEC, including our Annual Report on Form 10-K for the fiscal year ended March 31, 2017. FINANCIAL DATA (UNAUDITED) ON FOLLOWING PAGES TRIUMPH GROUP, INC. AND SUBSIDIARIES (dollars in thousands) We prepare and publicly release quarterly unaudited financial statements prepared in accordance with GAAP. In accordance with Securities and Exchange Commission (the “SEC”) guidance on Compliance and Disclosure Interpretations, we also disclose and discuss certain non-GAAP financial measures in our public releases. Currently, the non-GAAP financial measure that we disclose is Adjusted EBITDA, which is our net income before interest, income taxes, amortization of acquired contract liabilities, curtailments, settlements and early retirement incentives, legal settlements, depreciation and amortization. We disclose Adjusted EBITDA on a consolidated and an operating segment basis in our earnings releases, investor conference calls and filings with the SEC. The non-GAAP financial measures that we use may not be comparable to similarly titled measures reported by other companies. Also, in the future, we may disclose different non-GAAP financial measures in order to help our investors more meaningfully evaluate and compare our future results of operations to our previously reported results of operations. We view Adjusted EBITDA as an operating performance measure and as such we believe that the GAAP financial measure most directly comparable to it is net income. In calculating Adjusted EBITDA, we exclude from net income the financial items that we believe should be separately identified to provide additional analysis of the financial components of the day-to-day operation of our business. We have outlined below the type and scope of these exclusions and the material limitations on the use of these non-GAAP financial measures as a result of these exclusions. Adjusted EBITDA is not a measurement of financial performance under GAAP and should not be considered as a measure of liquidity, as an alternative to net income (loss), income from continuing operations, or as an indicator of any other measure of performance derived in accordance with GAAP. Investors and potential investors in our securities should not rely on Adjusted EBITDA as a substitute for any GAAP financial measure, including net income (loss) or income from continuing operations. In addition, we urge investors and potential investors in our securities to carefully review the reconciliation of Adjusted EBITDA to net income set forth below, in our earnings releases and in other filings with the SEC and to carefully review the GAAP financial information included as part of our Quarterly Reports on Form 10-Q and our Annual Reports on Form 10-K that are filed with the SEC, as well as our quarterly earnings releases, and compare the GAAP financial information with our Adjusted EBITDA. Adjusted EBITDA is used by management to internally measure our operating and management performance and by investors as a supplemental financial measure to evaluate the performance of our business that, when viewed with our GAAP results and the accompanying reconciliation, we believe provides additional information that is useful to gain an understanding of the factors and trends affecting our business. We have spent more than 15 years expanding our product and service capabilities partially through acquisitions of complementary businesses. Due to the expansion of our operations, which included acquisitions, our net income has included significant charges for depreciation and amortization. Adjusted EBITDA excludes these charges and provides meaningful information about the operating performance of our business, apart from charges for depreciation and amortization. We believe the disclosure of Adjusted EBITDA helps investors meaningfully evaluate and compare our performance from quarter to quarter and from year to year. We also believe Adjusted EBITDA is a measure of our ongoing operating performance because the isolation of non-cash income and expenses, such as amortization of acquired contract liabilities, depreciation and amortization, and non-operating items, such as interest and income taxes, provides additional information about our cost structure, and, over time, helps track our operating progress. In addition, investors, securities analysts and others have regularly relied on Adjusted EBITDA to provide a financial measure by which to compare our operating performance against that of other companies in our industry. Set forth below are descriptions of the financial items that have been excluded from our net income to calculate Adjusted EBITDA and the material limitations associated with using this non-GAAP financial measure as compared to net income: TRIUMPH GROUP, INC. AND SUBSIDIARIES (dollars in thousands) Management compensates for the above-described limitations of using non-GAAP measures by using a non-GAAP measure only to supplement our GAAP results and to provide additional information that is useful to gain an understanding of the factors and trends affecting our business. The following table shows our Adjusted EBITDA reconciled to our net income for the indicated periods (in thousands): TRIUMPH GROUP, INC. AND SUBSIDIARIES (dollars in thousands) Adjusted income from continuing operations before income taxes, adjusted income from continuing operations and adjusted income from continuing operations diluted per share, before non-recurring costs has been provided for consistency and comparability. These measures should not be considered in isolation or as alternatives to income from continuing operations before income taxes, income from continuing operations and income from continuing operations per diluted share presented in accordance with GAAP. The following table reconciles income from continuing operations before income taxes, income from continuing operations and income from continuing operations per diluted share, before non-recurring costs. The following table reconciles our Operating income to Adjusted Operating income as noted above. TRIUMPH GROUP, INC. AND SUBSIDIARIES (dollars in thousands) Cash provided by operations, is provided for consistency and comparability. We also use free cash flow as a key factor in planning for and consideration of strategic acquisitions and the repayment of debt. This measure should not be considered in isolation, as a measure of residual cash flow available for discretionary purposes, or as an alternative to operating results presented in accordance with GAAP. The following table reconciles cash provided by operations to free cash flow. We use "Net Debt to Capital" as a measure of financial leverage. The following table sets forth the computation of Net Debt to Capital:


The global aerospace accumulator market is expected to grow with a CAGR of 4.7% from 2017 to 2022. The future of the global aerospace accumulator market looks promising with opportunities in commercial aircraft, regional aircraft, general aviation, helicopter, and military aircraft. The major drivers of growth for this market are increasing aircraft delivery, increasing demand for wide body aircraft, and increasing demand for metal bellow accumulators in new aircraft and aircraft variants. Emerging trends, which have a direct impact on the dynamics of the industry, include the use of composites as outer cover in steel accumulator for weight reduction and maintenance free accumulators to reduce maintenance costs. Aerospace accumulator companies profiled in this market report include Parker Hannifin, Eaton Corporation, Triumph Group, Inc., Senior Aerospace, HYDAC Technology, and APPH Group. On the basis of our comprehensive research, the author predicts that metal bellows accumulator is expected to show above average growth during the forecast period. Within aircraft type, the commercial aircraft segment is expected to remain the largest market during the forecast period. Commercial aircraft are the largest in size, so they require larger accumulators that are costlier than any other type of aircraft. North America is expected to remain the largest region during the forecast period due to high demand for newer aircraft and the ongoing replacement of an aging fleet. Aircraft accumulator demand is directly proportional to aircraft delivery. The study includes a forecast for the global aerospace accumulator market by aircraft type, product type, material type, and region as follows: Aerospace accumulator market by Product Type (Value ($ million) and Volume (units) from 2011 to 2022): - Piston accumulator - Metal bellows accumulator - Bladder accumulator Aerospace accumulator market by Aircraft Type (Value ($ million) and Volume (units) from 2011 to 2022): - Commercial aircraft - Regional aircraft - General aviation - Helicopter - Military aircraft Aerospace accumulator market by Material Type (Value ($ million) 2016): - Steel - Hybrid Key Topics Covered: 1. Executive Summary 2. Global Aerospace Accumulator Market Dynamics 3. Market Trends and Forecast Analysis from 2011 to 2022 4. Market Trends and Forecast Analysis by Region 5. Competitor Analysis 6. Growth Opportunities and Strategic Analysis 7. Company Profiles of Leading Players For more information about this report visit http://www.researchandmarkets.com/research/hz9j3w/growth Research and Markets Laura Wood, Senior Manager press@researchandmarkets.com For E.S.T Office Hours Call +1-917-300-0470 For U.S./CAN Toll Free Call +1-800-526-8630 For GMT Office Hours Call +353-1-416-8900 U.S. Fax: 646-607-1907 Fax (outside U.S.): +353-1-481-1716 To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/global-aerospace-accumulator-market-opportunities-report-2017-2022---research-and-markets-300464507.html


News Article | May 24, 2017
Site: www.businesswire.com

BERWYN, Pa.--(BUSINESS WIRE)--Triumph Group, Inc. (NYSE:TGI) (“Triumph” or the "Company") today announced that Bombardier Inc. and Triumph Aerostructures, LLC (“TAS" or "Vought"), a wholly-owned subsidiary of Triumph, have entered into a comprehensive settlement agreement that resolves all outstanding commercial disputes between them, including all pending litigation, related to the design, manufacture and supply of wing components for Bombardier’s Global 7000 business aircraft. Terms of the settlement were not disclosed. The settlement resets the commercial relationship between TAS and Bombardier and allows each of them to better achieve their business objectives going forward. “We are pleased with the settlement with Bombardier regarding our Global 7000 program contract, which we believe is mutually beneficial,” said Daniel J. Crowley, Triumph’s president and chief executive officer. “Our Aerospace Structures business has been dedicated to supporting Bombardier on this critical program since entering into the contract and remains committed to the program’s continued success as the aircraft transitions from flight testing to entry into service." Triumph Group, Inc. headquartered in Berwyn, Pa., designs, engineers, manufactures, repairs and overhauls a broad portfolio of aircraft structures, components, accessories, and systems. The company serves a broad spectrum of the global aviation industry, including original equipment manufacturers of commercial, regional, business and military aircraft and aircraft components, as well as commercial and regional airlines and air cargo carriers. More information about Triumph can be found on the company’s website at http://www.triumphgroup.com. Statements in this release which are not historical facts are forward-looking statements under the provisions of the Private Securities Litigation Reform Act of 1995, including statements of expectations of future financial and operational performance. All forward-looking statements involve risks and uncertainties which could affect the Company’s actual results and could cause its actual results to differ materially from those expressed in any forward looking statements made by, or on behalf of, the Company. Further information regarding the important factors that could cause actual results to differ from projected results can be found in Triumph Group’s reports filed with the SEC, including our Annual Report on Form 10-K for the fiscal year ended March 31, 2016.


News Article | May 24, 2017
Site: www.businesswire.com

BERWYN, Pa.--(BUSINESS WIRE)--Triumph Group, Inc. (NYSE:TGI) (“Triumph” or the “Company”) today reported financial results for its fourth quarter and full fiscal year ended March 31, 2017. “Our fourth quarter performance and year-end results reflect continued strength in Integrated Systems and Product Support, improved profitability in Precision Components, as well as mutually-beneficial contract amendments in our Aerospace Structures business,” said Daniel J. Crowley, Triumph’s president and chief executive officer. “Over the past four quarters, we continued to improve program performance and rebuild customer confidence, leading to new business opportunities in both commercial and defense markets. As a result of our One Triumph transformation strategy, we realized new operational and go-to-market efficiencies, growing our backlog sequentially as a result of our enhanced business development efforts. At the same time, we are addressing the operational and financial challenges in Aerospace Structures to better position this business unit for the future.” “Under our transformation plan, we delivered three consecutive quarters of improved free cash flow and exceeded our fiscal year 2017 cost reduction goals, realizing $69 million in savings which will benefit future years. We anticipate an incremental $70 million in cost savings in fiscal year 2018. Looking ahead, we will continue to enhance shareholder value from a stronger backlog and improved performance across the business.” Net sales for the fourth quarter of fiscal year 2017 declined 13% from the prior year quarter. On an organic basis, excluding the impact of divestitures, sales were down 13% primarily due to production rate reductions by customers on the 747-8, C-17 and G450/550 programs, changes in model mix, decreased volume in military end market and foreign exchange rates. These factors were partially offset by increased production rates on the 767/Tanker program and stronger organic sales in the Product Support segment resulting from key contract wins with regional and commercial operators for structures and interiors. Operating income included $14.5 million of restructuring costs and an impairment charge of $266.3 million. Cumulative catch-up adjustments on long-term contracts were a net favorable $72.7 million, which included the benefit of positive adjustments related to the 747-8 program. Net loss for the fourth quarter of fiscal year 2017 was $126.8 million, or a loss of $2.57 per share. Triumph’s results included the following: Net loss for fiscal year 2017 was $43.0 million or a loss of $0.87 per share and included the following: The number of shares used in computing diluted earnings per share for the fourth quarter of fiscal year 2017 was 49.4 million. For the quarter ended March 31, 2017, cash flow from operations was $454.0 million, which included approximately $324.0 million of increases in customer advances. Excluding these increases in customer advances, cash flow from operations was $130.0 million, a sequential improvement from a cash use of $41.4 million resulting from strong working capital management partially offset by continued investment in key development programs and restructuring efforts. As previously announced, on May 5, 2017, Triumph reached an agreement with its lender group on amendments to its credit agreement to provide the Company with greater financial flexibility as it continues executing its transformation plan. Based on anticipated aircraft production rates and divestitures completed in fiscal year 2017, the Company forecasts revenue for fiscal year 2018 to be approximately $3.1 to $3.2 billion, and to increase in fiscal year 2019 as development programs enter into production and sales from new wins offset sunsetting programs. The Company will provide additional fiscal year 2018 guidance when it has analyzed the impact of recently settled contracts and has greater visibility regarding the timing of ongoing customer negotiations. Commenting on the outlook, Mr. Crowley said, “During fiscal 2018, we will demonstrate follow-through on our comprehensive efforts in fiscal 2017 to streamline our structure, reduce costs, resolve contract issues, and grow our backlog. We remain focused on performing to our commitments and enhancing our customer relationships which we expect to lead to improving profitability, stronger free cash flow and, ultimately, greater value for our shareholders.” Triumph Group will hold a conference call today, May 24th at 8:30 a.m. (ET) to discuss the fourth quarter fiscal year 2017 results. The conference call will be available live and archived on the Company’s website at http://www.triumphgroup.com. A slide presentation will be included with the audio portion of the webcast. An audio replay will be available from May 24th to May 30th by calling (855) 859-2056 (Domestic) or (404) 537-3406 (International), passcode #20731746. Triumph Group, Inc., headquartered in Berwyn, Pennsylvania, designs, engineers, manufactures, repairs and overhauls a broad portfolio of aircraft structures, components, accessories, subassemblies and systems. The Company serves a broad, worldwide spectrum of the aviation industry, including original equipment manufacturers of commercial, regional, business and military aircraft and aircraft components, as well as commercial and regional airlines and air cargo carriers. More information about Triumph can be found on the Company’s website at www.triumphgroup.com. Statements in this release which are not historical facts are forward-looking statements under the provisions of the Private Securities Litigation Reform Act of 1995, including statements of expectations of or assumptions about financial and operational performance, revenues, earnings per share, cash flow cost savings and operational efficiencies and organizational restructurings. All forward-looking statements involve risks and uncertainties which could affect the Company’s actual results and could cause its actual results to differ materially from those expressed in any forward looking statements made by, or on behalf of, the Company. Further information regarding the important factors that could cause actual results to differ from projected results can be found in Triumph Group’s reports filed with the SEC, including our Annual Report on Form 10-K for the fiscal year ended March 31, 2016. FINANCIAL DATA (UNAUDITED) ON FOLLOWING 10 PAGES


News Article | May 8, 2017
Site: www.businesswire.com

BERWYN, Pa.--(BUSINESS WIRE)--Triumph Group, Inc. (NYSE: TGI) will release fourth quarter and fiscal year 2017 earnings on May 24, 2017 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. Triumph Group, Inc., headquartered in Berwyn, Pennsylvania, designs, engineers, manufactures, repairs and overhauls a broad portfolio of aircraft structures, components, accessories, subassemblies and systems. The company serves a broad, worldwide spectrum of the aviation industry, including original equipment manufacturers of commercial, regional, business and military aircraft and aircraft components, as well as commercial and regional airlines and air cargo carriers. More information about Triumph can be found on the company’s website at http://www.triumphgroup.com.


On Wednesday, shares in Providence, Rhode Island headquartered Textron Inc. ended the session 0.42% lower at $46.88 with a total volume of 853,441 shares traded. Textron's shares have gained 22.56% in the past one year. Shares of the Company are trading at a PE ratio of 16.12. The stock is trading 5.33% above its 200-day moving average. Moreover, shares of the Company, which operates in the aircraft, defense, industrial, and finance businesses worldwide, have a Relative Strength Index (RSI) of 50.63. TXT complete research report is just a click away and free at: On Wednesday, shares in Falls Church, Virginia-based Northrop Grumman Corp. recorded a trading volume of 780,148 shares. The stock ended the day 0.55% lower at $248.11. Shares of the Company, which provides systems, products, and solutions to government and commercial customers in the areas of aerospace, mission systems, and technology services worldwide, are trading at a PE ratio of 19.39. Northrop Grumman's stock has advanced 3.66% in the last one month and 7.14% in the previous three months. Furthermore, the stock has gained 15.92% in the past one year. The Company's shares are trading above its 50-day and 200-day moving averages by 2.23% and 7.79%, respectively. Furthermore, Northrop Grumman's shares have an RSI of 58.27. The complimentary report on NOC can be downloaded at: El Segundo, California headquartered Aerojet Rocketdyne Holdings Inc.'s stock finished Wednesday's session 1.09% lower at $20.87 with a total volume of 329,711 shares traded. Over the last three months and the previous one year, Aerojet Rocketdyne's shares have gained 11.66% and 15.62%, respectively. The Company's shares are trading above its 200-day moving average by 8.67%. Shares of Aerojet Rocketdyne, which designs, develops, manufactures, and sells aerospace and defense products and systems in the US, are trading at a PE ratio of 78.75. The stock has an RSI of 34.04. Sign up for your complimentary research report on AJRD at: Berwyn, Pennsylvania headquartered Triumph Group Inc.'s stock declined 11.11%, to close the day at $21.60. The stock recorded a trading volume of 2.57 million shares, which was above its three months average volume of 643,210 shares. Triumph's shares are trading 15.16% and 21.03% below its 50-day and 200-day moving averages, respectively. Additionally, share of the Company, which designs, engineers, manufactures, repairs, overhauls, and distributes aero structures, aircraft components, accessories, subassemblies, and systems worldwide, have an RSI of 22.52. Get free access to your research report on TGI at: Stock Callers (SC) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. SC has two distinct and independent departments. 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News Article | May 8, 2017
Site: www.prnewswire.com

·         The aerostructures market is projected to grow from USD 52.17 billion in 2016 to USD 75.97 billion by 2022, at a CAGR of 6.47% during the forecast period. ·         The growth of this market is mainly attributed to the rise in aircraft deliveries in the commercial and general aviation sectors. ·         "The empennage segment is projected to grow at the highest CAGR during the forecast period" ·         North America is expected to lead the aerostructures market from 2016 to 2022. Countries considered for market analysis in the North American region include the U.S. and Canada. "Increase in outsourcing of aerostructure manufacturing to tier 1 and tier 2 suppliers is one of the key factors expected to drive the growth of the market" The aerostructures market is projected to grow from USD 52.17 billion in 2016 to USD 75.97 billion by 2022, at a CAGR of 6.47% during the forecast period. The growth of this market is mainly attributed to the rise in aircraft deliveries in the commercial and general aviation sectors. In addition, outsourcing of aerostructure manufacturing by major OEMs to tier 1 and tier 2 suppliers is further anticipated to drive the growth of the aerostructures market. However, recyclability issues associated with composite materials are restraining the growth of the market. "The empennage segment is projected to grow at the highest CAGR during the forecast period" Based on component, the aerostructures market has been segmented into fuselage, empennage, flight control surfaces, wings, nose, and nacelle and pylon, among others. The empennage segment is projected to grow at the highest CAGR from 2016 to 2022. This growth is mainly attributed to the increasing usage of composite materials in the manufacture of empennage. "The composites segment led the aerostructures market in 2016" Based on material, the composites segment led the aerostructures market in 2016. Increasing adoption of composite aerostructures by the commercial and general aviation sectors is expected to drive the growth of the composites segment. "North America is expected to lead the aerostructures market during the forecast period" North America is expected to lead the aerostructures market from 2016 to 2022. Countries considered for market analysis in the North American region include the U.S. and Canada. The general and commercial aviation sectors in North America have witnessed considerable growth over the past few years, owing to increase in aircraft deliveries. In addition, the presence of leading manufacturers of aerostructures such as UTC Aerospace Systems (U.S.), Triumph Group, Inc. (U.S.), and AAR Corp. (U.S.) in this region is expected to drive the growth of the aerostructures market in North America. Break-up of profile of primary participants in the aerostructures market: • By Company Type - Tier 1 – 35%, Tier 2 – 45%, and Tier 3 – 20% • By Designation – C Level – 35%, Director Level – 25%, and Others – 40% • By Region – North America - 45%, Europe – 20%, Asia-Pacific – 30%, and RoW – 5% Major companies operating in the aerostructures market include UTC Aerospace Systems (U.S.), Leonardo S.p.A. (Italy), Triumph Group, Inc. (U.S.), RUAG Holding AG (Switzerland), Saab AB (Sweden), Cyient Limited (India), and AAR Corp. (U.S.), among others. Research Coverage: This research report categorizes the aerostructures market based on component (fuselage, empennage, flight control surfaces, wings, nose, and nacelle and pylon, among others), material (composites, alloys, and metals), end-use (OEMs and aftermarket), and platform (rotary wing aircraft and fixed wing aircraft). These segments and subsegments have been analyzed across major regions, namely, North America, Europe, Asia-Pacific, and Rest of the World (RoW). Reasons to buy this report: From an insight perspective, this research report focuses on various levels of analyses — industry analysis (industry trends), company profiles, emerging and high-growth segments of the market, high-growth regions, and market drivers, restraints, opportunities, and challenges. The report provides insights on the following pointers: • Market Penetration: Comprehensive information on aerostructures offered by top players in the aerostructures market • Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and major contracts in the aerostructures market • Market Development: Comprehensive information about lucrative markets – the report analyzes the aerostructures market across various regions • Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the aerostructures market • Competitive Assessment: In-depth assessment of market shares, growth strategies, products, and manufacturing capabilities of leading players in the aerostructures market Read the full report: http://www.reportlinker.com/p04877073/Aerostructures-Market-by-Component-Fuselage-Empennage-Flight-Control-Surfaces-Wings-Nose-Nacelle-Pylon-Material-Composite-Alloys-Metals-End-Use-OEM-Aftermarket-Platform-Fixed-Rotary-Wing-and-Region-Global-Forecast-to.html About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place. http://www.reportlinker.com __________________________ Contact Clare: clare@reportlinker.com US: (339)-368-6001 Intl: +1 339-368-6001 To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/the-aero-structures-market-is-projected-to-grow-to-usd-7597-billion-by-2022-300453294.html

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