Triumph Group (TGI) Tops Q4 EPS by 5c, Revenues Beat
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May 27, 2020 3:58 PM EDT
Triumph Group (NYSE: TGI) announced that Bell Textron Inc., a Textron Inc. company selected Triumph Systems & Support... More
May 27, 2020 9:31 AM EDT
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 wing box assembly operation, and Embraer E2... More
May 26, 2020 5:14 PM EDT
Triumph Group, Inc. (NYSE: TGI) today provided an update on the current impact of the coronavirus (COVID-19) on the business and the steps the Company is taking to mitigate it.
All 36 of Triumph's operational factories have returned to safe operational status following closures related to government-mandated shutdowns, COVID-19 cases, and temporary closure of customer facilities.The State of Baja in Mexico approved aerospace factories, including Triumph's Mexicali interiors operation that supports Boeing and Airbus deliveries, to return to work. Employees have returned to work at levels consistent with...
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