Triumph Group (TGI) Tops Q1 EPS by 3c, Revenues Beat; Offers FY20 Revenue Guidance Below Consensus
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August 4, 2020 9:07 AM EDT
Triumph Group, Inc. (NYSE: TGI) ("Triumph" or the "Company") today announced it has reached a definitive agreement to sell its G650 program scope of work including supply chain management, engineering services, and related tooling, inventory, facilities, personnel, and warranty obligations to Gulfstream Aerospace. This agreement follows the Company's transfer of the G650... More
August 3, 2020 9:08 AM EDT
Triumph Group, Inc. (NYSE: TGI) announced today a definitive agreement to sell its composites operations to Arlington Capital Partners. Included in the sale are the Triumph Aerospace Structures composites locations in Milledgeville, Georgia and Rayong, Thailand.
"With the sale of Triumph's composites business, Triumph continues to execute on its previously announced Aerospace Structures strategic review. This... More
