RADNOR, Pa., Feb. 24, 2025 /PRNewswire/ -- Triumph Group, Inc., (TRIUMPH) (NYSE:TGI) Systems, Electronics and Controls announced today it has extended its agreement as a strategic supplier to BAE Systems and the US Army in support of the M777 Lightweight Howitzer platform supplying critical spare Primer Feed Mechanism components. Since 2022, TRIUMPH has shipped 2,365 units and have 938 units on order including the more recent award of an additional 525 units. "Our continuing partnership affirms TRIUMPH's commitment to delivering battle-proven solutions that enhance the performance and reliability of critical defense systems. Continuing our support for the Howitzer artillery platform, we rem

RADNOR, Pa. , Feb. 6, 2025 /PRNewswire/ -- Triumph Group, Inc. (NYSE:TGI) ("TRIUMPH" or the "Company") today reported financial results for its third quarter of fiscal 2025, which ended December 31, 2024. Third Quarter Fiscal 2025  Net sales of $315.6 million; sales growth of 11%Operating income of $39.3 million with operating margin of 12%; adjusted operating income of $45.7 million with adjusted operating margin of 14%Income from continuing operations of $14.6 million, or $0.19 per diluted share; adjusted income from continuing operations of $21.0 million, or $0.27 per shareAdjusted EBITDAP of $55.5 million with Adjusted EBITDAP margin of 18%Cash flow from operations of $33.1 million and

TRIUMPH Shareholders to Receive $26.00 in Cash Per Share RADNOR, Pa. and NEW YORK and BOSTON, Feb. 3, 2025 /PRNewswire/ -- Triumph Group, Inc. (NYSE:TGI) ("TRIUMPH" or the "Company") today announced that it has entered into a definitive agreement under which affiliates of growth-focused private equity firms Warburg Pincus and Berkshire Partners will acquire TRIUMPH through a newly formed entity for a total enterprise value of approximately $3 billion. Upon completion of the transaction, TRIUMPH will become a privately held Company, jointly controlled by Warburg Pincus and Berkshire Partners. Under the terms of the agreement, TRIUMPH shareholders will receive $26.00 per share in cash. The pu

Live Webcast scheduled for 8:30 AM ET on February 10, 2025 RADNOR, Pa., Jan. 27, 2025 /PRNewswire/ -- Triumph Group, Inc. (NYSE:TGI) will release third quarter fiscal year 2025 earnings on February 10, 2025, and will host a conference call that day at 8:30 a.m. ET. A slide presentation will be included with the audio portion of the webcast. What: TRIUMPH Third Quarter Fiscal Year 2025 Earnings Conference Call When: 8:30 a.m. ET on Monday, February 10, 2025 Where: http://www.triumphgroup.com           How: Go to the web site at least fifteen minutes early to register, download, and install any necessary audio software.  Archive: For those who cannot listen to the live broadcast, a replay wil

RADNOR, Pa., Jan. 24, 2025 /PRNewswire/ -- Triumph Group, Inc. (TRIUMPH) (NYSE:TGI) Actuation Products and Services business delivered over $28M in aftermarket shipments in its Fiscal Year to date in support of Boeing 787 and Airbus A380 Landing Gear overhaul activity, the highest level achieved to date. TRIUMPH designed, provides, and services the entire landing gear hydraulic actuation suite for both the B787 and A380 aircraft. TRIUMPH's Boeing 787 landing gear system includes nose wheel steering, extend and retract actuation, truss bracing, truck positioning, uplocks, door actuation, control valves and a ground service panel. As early production units of the Boeing 787 fleet reach 12 yea

RADNOR, Pa., Nov. 12, 2024 /PRNewswire/ -- Triumph Group, Inc. (NYSE:TGI) ("TRIUMPH" or the "Company") today reported financial results for its second quarter of fiscal 2025, which ended September 30, 2024. Second Quarter Fiscal 2025 Net sales of $287.5 million; sales growth of 1%Operating income of $32.4 million with operating margin of 11%; adjusted operating income of $36.0 million with adjusted operating margin of 13%Net income from continuing operations of $11.9 million, or $0.15 per diluted share; adjusted net income from continuing operations of $15.4 million, or $0.20 per shareAdjusted EBITDAP of $42.6 million with Adjusted EBITDAP margin of 15%Cash used in operations of ($38.4) mi

RADNOR, Pa., Nov. 3, 2024 /PRNewswire/ -- Triumph Group, Inc. (NYSE:TGI) ("TRIUMPH" or the "Company") today announced that, as a result of a recent and favorable settlement with Boeing Commercial Airplanes related to pricing on its Interiors contracts, TRIUMPH will delay the issuance of its second quarter of fiscal 2025 results and investor conference call previously scheduled for Monday, November 4, 2024 to Tuesday, November 12, 2024 at 8:30 a.m. ET, as additional time is required to finalize the accounting for this Interiors contract.  Based on this agreement, TRIUMPH expects to update its fiscal year 2025 guidance. About TRIUMPH  TRIUMPH, headquartered in Radnor, Pennsylvania, designs, d

Live Webcast scheduled for 8:30 AM ET on November 4, 2024 RADNOR, Pa., Oct. 21, 2024 /PRNewswire/ -- Triumph Group, Inc. (NYSE:TGI) will release second quarter fiscal year 2025 earnings on November 4, 2024, and will host a conference call that day at 8:30 a.m. ET. A slide presentation will be included with the audio portion of the webcast. What:              TRIUMPH Second Quarter Fiscal Year 2025 Earnings Conference Call When:              8:30 a.m. ET on Monday, November 4, 2024 Where:            http://www.triumphgroup.com           How:                Go to the web site at least fifteen minutes early to register, download, and install any necessary audio software. Archive:          For

RADNOR, Pa., Aug. 20, 2024 /PRNewswire/ -- Triumph Group, Inc. (TRIUMPH) (NYSE:TGI) today announced that Mark C. Cherry was elected to the Board of Directors as an independent director at its Annual Meeting of Stockholders on August 8, 2024. Mr. Cherry currently serves as Chief Executive Officer of Align Precision Group, a manufacturer of precision-milled structural components for the Aerospace, Defense, and Semi-Conductor industries. Mr. Cherry previously worked at Boeing, serving as Vice President and General Manager of Vertical Lift from April 2021 to December 2022 and Vice President and General Manager of Phantom Works from November 2017 to April 2021. From September 2012 to November 20

VSE Corporation ("VSE" or the "Company") (NASDAQ:VSEC), a leading provider of aftermarket distribution and repair services, announced the appointment of Adam Cohn as Chief Financial Officer ("CFO") and Garry Snow as Chief Growth Officer for VSE Corporation. Adam Cohn, a seasoned executive finance leader with over 15 years of aerospace and finance-related experience, will join VSE as CFO on September 3, 2024. He will assume responsibility for VSE's financial strategies and lead the global finance organization, including planning, operational finance, treasury, tax, internal audit, corporate development, and investor relations. Tarang Sharma, who has been serving as interim Chief Financial

VSE Corporation ("VSE" or the "Company") (NASDAQ:VSEC), a leading provider of aftermarket distribution and repair services, announced the appointment of Adam Cohn as Chief Financial Officer ("CFO") and Garry Snow as Chief Growth Officer for VSE Corporation. Adam Cohn, a seasoned executive finance leader with over 15 years of aerospace and finance-related experience, will join VSE as CFO on September 3, 2024. He will assume responsibility for VSE's financial strategies and lead the global finance organization, including planning, operational finance, treasury, tax, internal audit, corporate development, and investor relations. Tarang Sharma, who has been serving as interim Chief Financial

BERWYN, Pa., Sept. 27, 2022 /PRNewswire/ -- Triumph Group, Inc. (NYSE:TGI) ("TRIUMPH" or the "Company")  today announced that Cynthia M. Egnotovich has joined its Board of Directors as an independent director, effective September 22, 2022. With this addition, TRIUMPH's board has expanded to nine directors, eight of whom are independent, and five of whom have been appointed to the Board in the last five years. Ms. Egnotovich most recently served as President of Aerospace Systems Customer Service at United Technologies Corporation ("UTC"), a multinational conglomerate until her retirement in November 2013. Prior to joining UTC, she held various leadership roles of increasing significance at Go

Valence Appoints Adam Cohn as Chief Financial Officer EL SEGUNDO, Calif., Sept. 7, 2022 /PRNewswire-PRWeb/ -- We are pleased to announce the appointment of Adam Cohn to the Valence Surface Technologies (VST) Executive Leadership Team (ELT) in the role of Chief Financial Officer (CFO). Adam will be responsible for all aspects of VST financial operations and will direct long-term budgetary planning and cost management to ensure alignment with VST strategic growth plans. Chris Celtruda; Valence Chief Executive Officer shared, "Adam is an experienced leader with a strong background in finance, transactional M&A and strategy. His industry expertise will be invaluable as we focus driving business

Jonathan Baliff selected to succeed Bill Read as CFO David Kornblatt appointed to the Board as independent director and Audit Committee Chair Redwire Corporation (NYSE:RDW), a leader in mission critical space solutions and high reliability components for the next generation space economy, today announced the appointment of Jonathan Baliff as its new Chief Financial Officer, effective June 1, 2022. Mr. Baliff will succeed Bill Read, who is transitioning from his role as Chief Financial Officer following Redwire's successful transition from being a private to a public company. In connection with this transition, the company has increased the size of its Board of Directors to eight, and appo

BERWYN, Pa., April 25, 2022 /PRNewswire/ -- Triumph Group, Inc. (NYSE:TGI) ("TRIUMPH" or the "Company") today announced that Neal J. Keating has joined its Board of Directors as an independent director, effective immediately. With this addition, TRIUMPH's board will be expanded to nine directors, eight of whom are independent, and four of whom have been appointed to the Board in the last four years. Mr. Keating served as Chief Executive Officer and Chairman of the Board of Kaman Corporation, an aerospace and defense company, for 13 years. While at Kaman, he led the company's portfolio reshaping, overseeing a significant increase in revenues. He was previously Chief Operating Officer at Hughe

BERWYN, Pa., Jan. 10, 2022 /PRNewswire/ -- Triumph Group (NYSE:TGI) ("Triumph" or the "Company") today announced the appointment of Craig Cooper to Vice President, Integrated Supply Chain and Operations.  In this role, as a member of the Senior Leadership Team, he will have oversight of the Company's Operations, Quality, Engineering, and Supply Chain functions as well as oversee the Triumph Operating System (TOS) deployment efforts. Mr. Cooper joined the Company in July of 2016 as Vice President, Supply Chain for Aerospace Structures and most recently served as the Vice President, Strategic Supply Chain for Triumph Group where he played a key role in our work transfer and inventory reduction

BERWYN, Pa., Aug. 10, 2021 /PRNewswire/ -- Triumph Group (NYSE:TGI) ("Triumph" or the "Company") today announced the appointment of Jennifer H. Allen, the Company's Senior Vice President, General Counsel & Secretary, to the newly created position of Chief Administrative Officer.  In this role, she will have oversight of the Company's human resources and information technology functions as well as her existing legal and compliance activities. Ms. Allen joined the Company in September of 2018 as General Counsel and has helped reshape the Company's program and business portfolio.  She also has been involved in Triumph's debt retirement, refinancing and equity offering activity.  More recently,