BERWYN, Pa.--(BUSINESS WIRE)--Oct. 24, 2017--
Triumph Group, Inc.(NYSE: TGI) was recently awarded a two-year
contract with Defense Logistics Agency (DLA) Aviation valued at $22.9
million to provide aftermarket spare rotary actuators for the main
landing gear on the C-5 Galaxy aircraft used by the U.S. Air Force.
Under the contract, Triumph Geared Solutions – Park City will supply the
spare main landing gear rotary actuators to DLA Aviation based out of
Robins Air Force base in Georgia for the C-5 Galaxy, which is one of the
largest aircraft in the world.
“We are honored to be selected as a sole source supplier for these
operation-critical parts on the C-5 Galaxy aircraft, the U.S. Air
Force’s largest and only strategic airlifter,” said Tom Holzthum,
executive vice president for Triumph Integrated Systems, “and to support
the service men and women who depend on the aircraft to transport them
anywhere in the world on short notice.”
Triumph Geared Solutions is an operating company of Triumph Integrated
Systems. The spare rotary actuators for the main landing gear on the C-5
Galaxy will be manufactured out of the company’s Park City, Utah,
facility. Triumph Geared Solutions specializes in the design,
development, manufacture and aftermarket support of complete gearbox
assemblies, transmissions, gear-driven actuators and precision gears for
commercial and military customers.
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
contract value or aggregate revenue. 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.
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Source: Triumph Group, Inc.
Triumph Group, Inc.
Sheila G. Spagnolo,