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TGI Triumph Group Inc

13.82
0.42 (3.13%)
04 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Triumph Group Inc NYSE:TGI NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.42 3.13% 13.82 13.875 13.61 13.75 718,303 01:00:00

Triumph Agreement with MD Helicopters Extends Support for the MD 530F Cayuse Warrior

09/10/2017 9:21pm

Business Wire


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Triumph Group, Inc. (NYSE: TGI) congratulates MD Helicopters, Inc. (MDHI) on the recent contract awards from the U.S. Army for their Armed MD 530 Scout Attack Helicopters. MDHI was awarded a five-year indefinite delivery, indefinite quantity (IDIQ) contract from the Army to provide up to 150 armed MD 530 aircraft to U.S. and Partner Nation Aviation Forces in support of foreign military sales (FMS) opportunities. Additionally, MDHI received an initial delivery order under the IDIQ contract for 30 new MD 530F Cayuse Warrior helicopters for the Afghan Air Force.

In support of these awards, Triumph’s Integrated Systems – Geared Solutions in Macomb, Michigan, will extend deliveries of the main rotor gearbox and tail rotor gearbox through 2022 for current and future delivery orders. The Macomb site has supplied gearboxes and other ancillary parts for the MD 530F (369FF Type Certified) aircraft since the mid-1990s.

“We are pleased to advance our relationship with MD Helicopters as they work with the U.S. Army to deliver these attack helicopters to our troops and our allies in the global fight against terrorism,” said Tom Holzthum, executive vice president of Triumph Integrated Systems. “In the extreme Afghan conditions, the MD 530F Cayuse Warrior has proven its strong performance capability, and we are proud to supply gearboxes and other critical parts and systems for the aircraft.”

Triumph Integrated Systems – Geared Solutions is a leading supplier of aerospace transmissions, gearboxes and complex gears, shafts and housing assemblies. They supply a wide variety of design, manufacturing, assembly, testing and aftermarket support for systems used in fixed wing and rotary aircraft for civilian and military applications.

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.

Triumph Group, Inc.Media Contact:Michele Long, 610-251-1000mmlong@triumphgroup.comorInvestor Relations Contact:Sheila G. Spagnolo, 610-251-1000sspagnolo@triumphgroup.com

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