TGI News and Press, Triumph Group Inc. From 04/04/19

BERWYN, Pa. , April 4, 2019 /PRNewswire/ -- Triumph Group, Inc. (NYSE: TGI) announced today that it is exploring strategic alternatives for its Aerospace Structures business unit as part of its continued portfolio reshaping, debt reduction and cash generation efforts. Building on divest...

BERWYN, Pa. , April 4, 2019 /PRNewswire/ -- Triumph Group (NYSE: TGI) has been awarded a contract by The Boeing Company to supply critical hydraulic system components for the MQ-25 unmanned aerial refueling program. "Triumph Group is proud to be selected by Boeing to support the ...

BERWYN, Pa. , April 3, 2019 /PRNewswire/ -- Triumph Group, Inc. ( NYSE: TGI ) announced today that its Aerospace Structures business unit executed an agreement with its customer, Israel Aerospace Industries, Ltd. (IAI) for the transition of the manufacture of wings for the G280 aircr...

BERWYN, Pa. , April 2, 2019 /PRNewswire/ -- Triumph Group, Inc. ( NYSE:TGI ) announced today that its Aerospace Structures business unit entered a definitive agreement to assign the contract for the manufacture of structural components for the Embraer E2 program to AeroSpace Technolo...

Triumph Group ( TGI +2.4% ) has completed its previously announced sales of its Machining and Fabrication businesses to NWI Holdings and Arlington Capital Partners, respectively. More news on: Triumph Group, Inc., Read more ...

BERWYN, Pa. , April 1, 2019 /PRNewswire/ -- Triumph Group (NYSE: TGI) announced today the completion of the previously announced sales of its Machining and Fabrication businesses to NWI Holdings and Arlington Capital Partners, respectively. The transaction for the Machining operatio...

Triumph Group, Inc. (“Triumph”) ( NYSE: TGI ) today announced that its Board of Directors has adopted a tax benefits preservation plan (the “Plan”) designed to preserve Triumph’s ability to utilize its net operating loss carryforwards and other tax attribut...

Spirit AeroSystems ( SPR -3.6% ), which makes fuselages for the Boeing 737 Max 8, is sharply lower but well off morning lows following the deadly crash ( I , II , III ) of an Ethiopian Airlines flight involving a brand-new 737 MAX 8 aircraft in the second such crash involving the aircraf...

Triumph Group, Inc. ( NYSE:TGI ) announced today the sale of Triumph Aviation Services – NAAS Division, Inc. (“NAAS”) to STS Aviation Group. The transaction is effective as of March 6, 2019. The division generated revenues of approximately $30 million in Triumph Gro...

Triumph Group, Inc. (NYSE: TGI) announced today that its southeast Asian businesses, Triumph Aviation Services Asia (TASA) and Triumph Structures - Thailand (TST), have signed a comprehensive Memorandum of Understanding (MOU) with Thailand Civil Aviation Training Center (CATC), to wor...