TGI - Triumph's business segments announces contracts and agreement extensions
- Triumph's ( NYSE: TGI ) Geared Solutions business has signed a five-year licensing agreement extension with RUAG, a company that specializes in aerospace engineering and defense, for continued sustainment support on the F/A-18 A-D Aircraft Mounted Accessory Drive.
- With this licensing agreement, TRIUMPH and RUAG will collaborate to provide testing, repair, and overhaul support.
- "TRIUMPH and RUAG have maintained a long-standing relationship since 2001 on the F/A-18 AMAD product line and are continually exploring future partnership opportunities on next generation commercial and military applications," President of Triumph Geared Solutions commented.
- Separately, Triumph's Actuation Products and Services business received a contract from Boeing which spans hundreds of variations of wire control cables used on the Boeing 737 MAX, 767, 777 and 777X programs.
- The work under this agreement will be performed at Triumph's Shelbyville, Indiana facility.
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Triumph's business segments announces contracts and agreement extensions