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TGI Triumph Group Inc

14.68
0.04 (0.27%)
After Hours
Last Updated: 22:41:36
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
  0.04 0.27% 14.68 14.98 14.68 14.88 631,880 22:41:36

Triumph Awarded Five-Year Contract with National Carrier for Component MRO Work

11/10/2018 3:01pm

Business Wire


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Triumph Group, Inc. (NYSE: TGI) announced today that it was awarded a five-year contract for maintenance, repair and overhaul (MRO) work on CFM56-7B nacelle components for the 737NG aircraft operated by a U.S. airline operator. Under the contract Triumph Product Support will service thrust reversers, fan cowls and inlet cowls on the CFM56-7B engines on the carrier’s 737NG fleet.

“We are proud of our long history supporting the global airlines’ nacelle component MRO requirements and extremely pleased to solidify our leading position in the industry with this five-year agreement,” said Bill Kircher, executive vice president for Triumph Product Support.

For more than a decade Triumph’s Product Support business unit has provided airline carriers with superior customer service, on-site rotable assets and implemented cost reduction measures to the benefit of their customers. Triumph Product Support provides full life cycle solutions for commercial, regional and military aircraft for OEMs and operators. Its full suite of post-delivery value chain services simplifies the MRO supply chain and provides customers with global, integrated planeside repair solutions.

Triumph Group, Inc., headquartered in Berwyn, Pa., designs, engineers, manufactures, repairs, and overhauls a broad portfolio of aerostructures, aircraft 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 Group can be found on the company’s website at http://www.triumphgroup.com.

Triumph Group, Inc.Michele LongDirector – Communications610-251-1000mmlong@triumphgroup.comorMichael PiciVice President – Financial Planning Investor Relations610-251-1000mpici@triumphgroup.com

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