Triumph Group (TGI) Reports Progress On Aerospace Structures Strategic Review

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Go back to Triumph Group (TGI) Reports Progress On Aerospace Structures Strategic Review

Triumph Group Reports Progress On Aerospace Structures Strategic Review

May 27, 2020 9:30 AM EDT

BERWYN, Pa., May 27, 2020 /PRNewswire/ -- Triumph Group, Inc. (NYSE: TGI) ("Triumph" or the "Company") today provided an update on its strategic review of its Aerospace Structures subsidiary.

In April 2019, Triumph announced it was undertaking a comprehensive review of its structures business as it focuses on its core systems and product support markets and capabilities.  The Company has divested its 10 build-to-print machine shops, five fabrication shops, two metal finishing facilities, and its two million square foot Nashville large structures plant.  Furthermore, the transition of the Bombardier Global 7500 wing program, G-650... More