Triumph Group (TGI) Announces Receipt of G650 Program Order Valued at $300M
- S&P 500 closes higher to secure strongest Q1 since 2019
- UBS sees 5 warnings signals on semiconductor chip stocks
- US consumer sentiment tops estimates in March to hit nearly 3-yr high, UMich says
- Reddit (RDDT) stock continues to slide as short-sellers eye stock
- Estée Lauder (EL) climbs as BofA upgrades to Buy on profit recovery expectations
- AMC Entertainment (AMC) enters into an equity distribution agreement
- Kerrisdale Capital is short Microstrategy (MSTR), long bitcoin
- AMC Entertainment (AMC) Enters $250M ATM Agreement
- Intuitive Machines (LUNR) Files for $300M Share Offering, 160M Share Offering by Selling Stockholders
- Home Depot (HD) to Acquire SRS Distribution for $18.25B EV
Triumph Group Receives Order to Deliver G650 Wings Through 2018
October 25, 2016 10:54 AM EDTBERWYN, Pa.--(BUSINESS WIRE)-- Triumph Group, Inc. (NYSE: TGI) announced the receipt of an additional delivery order from Gulfstream for the production of wing and wing components for the G650 program. The add-on work is valued at approximately $300 million and extends through 2018. Triumph Group assumed production of the G650 wing in January 2015 from Spirit AeroSystems.
We are pleased to continue to support the G650 program, said MaryLou Thomas, executive vice president for Triumph Aerospace Structures. Our history with Gulfstream dates back to the G-II, and they remain a valued partner.... More