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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BERWYN, Pa.--(BUSINESS WIRE)--Triumph Group, Inc. (NYSE:TGI) announces the launch of Triumph TLC Solutions, a new global program that provides airlines with a proactive approach to address a myriad of issues throughout the life cycle of the aircraft. The fully integrated program encompasses Triumph’s complete life-cycle services for structures and accessories, including design, development, manufacture, warranty, MRO, on-site planeside services, and end-of-life support capabilities. "Our custom


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.


News Article | April 25, 2017
Site: www.businesswire.com

BERWYN, Pa.--(BUSINESS WIRE)--Triumph Group, Inc. (NYSE:TGI) is proud to join forces with VAS Aero Services, LLC to provide airline operators with PW4168 nacelles for the A330. The comprehensive supply program will be supported out of Triumph’s Hot Springs, Arkansas, or Chonburi, Thailand, facility. The alliance will assist Triumph in providing best-quality, timely maintenance services for PW4168 nacelles for its airline customers. The cooperation helps facilitate exchanges or leases that guarantee availability of spares to Triumph’s customers while their components are undergoing maintenance. “We are excited about this opportunity to work with VAS Aero Services, one of the premier aftermarket service providers in the aviation industry,” said Mike Abram, executive vice president of Triumph Product Support. “Together we think we can bring unique value to the A330/PW4168 operators.” “VAS has enjoyed a close relationship with Triumph, and we are delighted to expand on that with this new program,” said Tommy Hughes, CEO of VAS Aero Services. VAS Aero Services, LLC is a leading provider of aftermarket services in the aviation industry. VAS Aero Services sources, warehouses, and markets aftermarket components across a broad range of aircraft and engine platforms and provides related services to airlines, leasing companies, and MRO providers around the world. 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.


— Global Floor Panel Industry Report offers market overview, segmentation by types, application, countries, key manufactures, cost analysis, industrial chain, sourcing strategy, downstream buyers, marketing strategy analysis, distributors/traders, factors affecting market, forecast and other important information for key insight. Companies profiled in this report are Kingspan Group, Mero-Tsk, Lindner, Haworth, Triumph Group,, Porcelanosa, M+W Group, Petral, Topfloor, Nichias, Unitile, Senqcia, Pentafloor, Moov, Itoki, Srf, Branco, Lenzlinger, Movinord, Computer Environments, Changzhou Huatong Xinli Flooring in terms of Basic Information, Manufacturing Base, Sales Area and Its Competitors, Sales, Revenue, Price and Gross Margin (2012-2017). Split by Product Types, with sales, revenue, price, market share of each type, can be divided into • Steel Based Floor Panel • Aluminum Based Floor Panel • Wood Core Floor Panel • Calcium Sulfate Based Floor Panel • Others Split by applications, this report focuses on sales, market share and growth rate of Floor Panel in each application, can be divided into • Computer Room/ Data Warehousing • Commercial Office Building • Family Residence • Industrial Manufacturing Plant • Others Purchase a copy of this report at: https://www.themarketreports.com/report/buy-now/424357 Table of Content: 1 Floor Panel Market Overview 2 Global Floor Panel Sales, Revenue (Value) and Market Share by Manufacturers 3 Global Floor Panel Sales, Revenue (Value) by Countries, Type and Application (2012-2017) 4 Global Floor Panel Manufacturers Profiles/Analysis 5 North America Floor Panel Sales, Revenue (Value) by Countries, Type and Application (2012-2017) 6 Latin America Floor Panel Sales, Revenue (Value) by Countries, Type and Application (2012-2017) 7 Europe Floor Panel Sales, Revenue (Value) by Countries, Type and Application (2012-2017) 8 Asia-Pacific Floor Panel Sales, Revenue (Value) by Countries, Type and Application (2012-2017) 9 Middle East and Africa Floor Panel Sales, Revenue (Value) by Countries, Type and Application (2012-2017) 10 Floor Panel Manufacturing Cost Analysis 11 Industrial Chain, Sourcing Strategy and Downstream Buyers 12 Marketing Strategy Analysis, Distributors/Traders 13 Market Effect Factors Analysis 14 Global Floor Panel Market Forecast (2017-2022) 15 Research Findings and Conclusion 16 Appendix Inquire more for more details about this report at: https://www.themarketreports.com/report/ask-your-query/424357 For more information, please visit https://www.themarketreports.com/report/2017-2022-global-top-countries-floor-panel-market-report


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 | February 27, 2017
Site: www.prnewswire.co.uk

The report "Aircraft Hydraulic System Market by Type (Open-Center, Closed-Center), Component (Reservoir, Filters, Pumps, Accumulators, Actuators, Hydraulic Fluid), Platform (Fixed, Rotary) and Region - Global Forecast to 2021", published by MarketsandMarkets, the market is projected to grow from USD 935.9 Million in 2016 to USD 1,158.5 Million by 2021, at a CAGR of 4.36% during the forecast period. (Logo: http://photos.prnewswire.com/prnh/20160303/792302 ) Browse 65 market data Tables and 59 Figures spread through 145 Pages and in-depth TOC on "Aircraft Hydraulic System Market" Early buyers will receive 10% customization on this report. The increasing need for highly reliable system, higher power to weight ratio, low cooling cost due to low amount of heat generated, and wide range of load handling capacity of hydraulic system are major factors expected to drive the growth of the aircraft hydraulic system market. There have been various advancements in hydraulic system components and cost-effective and environment-friendly have been introduced in recent years. For instance, hydraulic pumps and actuators that help provide better feedback and performance and reduce the overall weight of the system have been developed. The closed center hydraulic system segment is projected to witness high growth during the forecast period Based on the type of hydraulic system, the closed center segment of the aircraft hydraulic system market is projected to witness high growth. Pilots depend on hydraulic system to operate systems, such as wheel brakes, nose wheel steering, landing gear operation, flight control surfaces, cargo doors, and propeller pitch controls. New and improved systems, such as high pressure hydraulic pumps with pressure generation capacity of about 5000 psi are expected to fuel the growth of the closed center hydraulic system in the coming years. The pumps segment is projected to witness highest growth during the forecast period Based on component, the pumps segment is projected to witness highest growth during the forecast period. Pumps are a crucial component of the aircraft hydraulic system. These are expected to be increasingly used in new aircraft, due to the reduction in the overall weight of an aircraft that can be achieved by the use of pumps. Pumps provide high pressure of fluid even in very thin pipelines. This is one of the key factors expected to propel growth of the pumps segment. The rest of the world is projected to be the fastest-growing market for aircraft hydraulic system during the forecast period The rest of the world is projected to be the fastest-growing market for aircraft hydraulic system during the forecast period. The rest of world comprises countries, such as Brazil, South Africa, and UAE. This high growth can be attributed to the presence of large Original Equipment Manufacturers (OEMs), such as Embraer S.A. (Brazil) and Piaggio Aerospace (UAE) and technological upgrades from traditional hydraulic system to advanced systems in the region. Key players operating in the aircraft hydraulic system market are United Technologies Corporation (U.S.), Parker Hannifin Corporation (U.S.), Safran S.A. (France), Eaton Corporation PLC (Ireland), Liebherr-International AG (Switzerland), Woodward Inc. (U.S.), Triumph Group Inc. (U.S.), Moog Inc. (U.S.), and Arkwin Industries Inc. (U.S.). Aircraft Flight Control System Market by Type (Primary, Secondary), Application (Commercial, Business, Military), Platform (Fixed, Rotary), Aircraft Type (NBA, WBA, VLA, RTA), Technology (Fly-by-Wire, Hydro-Mechanical) and Region - Global Forecast to 2021 http://www.marketsandmarkets.com/Market-Reports/aircraft-flight-control-system-market-117067292.html MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical info graphics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers. We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.


BERWYN, Pa.--(BUSINESS WIRE)--Triumph Group, Inc. (NYSE:TGI) was selected by Korea Aerospace Industries, Ltd. (KAI), to provide Airframe Mounted Accessory Drives (AMAD) on the new KF-X fighter aircraft. The contract is in support of the latest generation of the air superiority fighter, which is scheduled to make its first flight in mid-2022 and begin low-rate initial production in 2024. The KF-X program is slated to benefit the Republic of Korea Air Force and the Indonesian Air Force. “We are pleased to support the KF-X fighter program, which will replace the aging Korean fleet of F-4s and F-5s, as well as equip the Indonesian Air Force,” said Tom Holzthum, executive vice president of Triumph Integrated Systems. “This win will allow Triumph to showcase the extensive capability and experience of our Geared Solutions business.” Triumph Integrated Systems’ Geared Solutions site in Park City, Utah, will design and produce the AMADs, which receive and distribute engine power to operate generators, pumps and other aircraft systems, and also carry the main engine starter turbine. The AMADs on the KF-X fighter jet will feature the latest innovations in the company’s aircraft accessory gearbox product line. Triumph Group, Inc., headquartered in Berwyn, Pa., 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.


BANGKOK--(BUSINESS WIRE)--TurbineAero, Inc. was selected as an exemplary investment and feature company at this week’s Thailand Board of Investment’s (BOI) annual conference “Opportunity Thailand 2017.” Highlighted by a keynote speech entitled "Thailand 4.0 Means Opportunity Thailand,” from General Prayut Chan-o-cha, the Prime Minister of Thailand, the conference welcomed over 2,500 international guests and served to educate distinguished attendees on investment opportunities in Thailand, and to share with the global community the Thailand 4.0 model driven by Thailand’s value-based economy. TurbineAero was highlighted as a global leader in APU MRO services, as well as an aerospace leader in Thailand. TurbineAero CEO, Rob Higby, delivered a speech entitled, “Thailand as an MRO Hub” which highlighted several of the initiatives the Prime Minister and BOI have led to make it more attractive for international companies to invest in Thailand. TurbineAero was recently created by the acquisition of three business units within the Triumph Group that are based both in the United States and Thailand. The Gores Group, a global private equity firm based in the U.S., led the investment and acquisition process and worked closely with the BOI and Thailand government to ensure TurbineAero’s Thailand facility and business unit was properly and efficiently structured as a Thailand registered entity. “We’re honored to be asked to speak at the Opportunity Thailand 2017 conference on behalf of TurbineAero and the Gores Group,” said Rob Higby. “The Gores Group’s purchase of Triumph’s APU businesses including the Thailand facility really taps into what Thailand 4.0 is all about. Thailand is an ideal hub for our Asia and Eastern European business and the BOI has ensured us the right infrastructure and incentives to enable us to hit the ground running.” TurbineAero is the world’s leading independent aerospace component maintenance, repair, and overhaul service providers focused on APUs and related products. The businesses provide military, commercial, and regional airline customers with a comprehensive maintenance solution for their legacy and new APU engine models. The combined entity provides global coverage from two modern facilities located in Chandler, Arizona, and Chonburi, Thailand. In addition, it is a provider of hot-section component manufacturing and repair services for original equipment manufacturers, aircraft operators, and repair and overhaul providers, offering extensive and unique capabilities, including complex machining, engineering, inspection, non-destructive testing, and thermal coatings in its Tempe, Arizona facility.


News Article | February 15, 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 March 15, 2017 to shareholders of record as of March 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.

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