BERWYN, Pa.--(BUSINESS WIRE)--Apr. 10, 2018--
Triumph Group, Inc. (NYSE:TGI) announced today that its Grand Prairie,
TX based Product Support business has extended a long-term agreement
with Pratt & Whitney for engine Line Replaceable Unit (LRU) repairs.
Under the agreement, Triumph Product Support’s Accessory Services
business based out of Grand Prairie, Texas will service LRUs for the
V2500, PW2000 and PW4000 engine models through 2019. The work will
originate from global Pratt & Whitney engine shops.
The contract extension expands the level of support Triumph Product
Support provides for the engine manufacturer. In recent years Triumph
has provided approximately 2,000 LRUs per year to Pratt & Whitney, a 220
percent increase, since their initial maintenance service contract was
signed in 2002. Furthermore, the new contract will allow Triumph to
expand the number of Air Transport Association (ATA) Chapter service and
repair offerings in support of select Pratt & Whitney engines.
“We are very proud to continue to collaborate with Pratt & Whitney in
support of their global network of engine repair facilities,” said Mike
Abram, executive vice president for Triumph Product Support. “Pratt &
Whitney is a key customer for our Accessory Services business. Our goal
is to be their supplier of choice for all current and next generation
Triumph Product Support looks to grow its business by expanding their
capability and services on new aircraft, expanding rotable offerings and
increasing the number of next generation aircraft and engines they
support. Through the Triumph Total Life Cycle (TLC) Solutions program
Product Support works closely with carriers, and airframe and engine
OEMs providing seamless support throughout the aircraft lifecycle. With
more than 30 maintenance, repair and overhaul locations globally, the
company offers a wide breadth of technical expertise and services, when
and where customers need it.
Triumph Accessory Services-Grand Prairie is an ISO 9001:2008 certified
facility that specializes in the maintenance, repair and overhaul of
engine accessories, including fuel pumps, fuel controls, temperature
sensors, lubrication pumps, heat exchangers, fuel flow transmitters,
engine speed sensors, engine mounts, active-clearance control valves,
anti-ice valves, hydraulic pumps, actuators and starters.
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.
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Source: Triumph Group, Inc.
Triumph Group, Inc.
Senior Director –
Vice President – Tax & Investor Relations