TGI - Triumph signs long-term agreement with a defense logistics company

Triumph Group ([[TGI]] +5.9%) signs a five-year agreement with Linmarr Associates, a Defense Logistics Agency distributor for the U.S. Air Force.The contract is to provide 30 new spare high-speed gearboxes for the Lockheed C-5 Galaxy that are a part of the landing gear door actuation system also provided by the company."Triumph is focused on expanding our military business and supporting our products through the entire lifecycle of an aircraft. As the designer and original equipment manufacturer of the C-5 door actuation system, we are best positioned to provide reliable spare parts like the high-speed gearbox that will help optimize performance of the Air Force's heavy-lifting transport aircraft, which ultimately supports our commitment to protecting our warfighters." said Scott Ledbetter, President of the Triumph Systems & Support - Actuation and Geared Solutions operating company.Quick look at the revenue figures over the last ten years here.

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Triumph signs long-term agreement with a defense logistics company