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Triumph Group, Inc. engages in the design, engineering, manufacture, repair, overhaul, and distribution of aircraft structures, components, accessories, subassemblies, and systems. It operates through the following segments: Integrated Systems, Aerospace Structures, and Product Support. Read More The Integrated Systems segment consists of integrated solutions, including design, development and support of proprietary components, subsystems and systems, as well as production of complex assemblies using external designs. The Aerospace Structures segment supplies commercial, business, regional, and military manufacturers with large metallic and composite structures. The Product Support segment offers full life cycle solutions for commercial, regional, and military aircraft. The company was founded by Richard C. Ill in 1993 and is headquartered in Berwyn, PA.
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Yahoo FinanceMar 18
Behind the deal: Why Triumph put its SA aviation business up for sale
Triumph Group Inc., a Pennsylvania-based aerospace support business, had been reporting net losses for a while when it decided to sell its noncore divisions as a means to regain profitability. Among those was its aviation services division in San Antonio, which works on commercial aircraft fuel systems and was sold to Florida-based STS Aviation Group Inc. for an undisclosed price. While the local division generated about $30 million in revenue for Triumph (NYSE: TGI) in fiscal 2018, which ended in March 201...
Simply Wall StMar 14
Those Who Purchased Triumph Group (NYSE:TGI) Shares Five Years Ago Have A 69% Loss To Show For It
It is doubtless a positive to see that the Triumph Group, Inc. (NYSE:TGI) share price has gained some 50% in the last three months. But that can’t change the reality that over the longer term (five years), the returns have been really quite dismal. Indeed, the share price is down 69% in the period. So is the recent increase sufficient to restore confidence in the stock? Not yet. Of course, this could be the start of a turnaround. See our latest analysis for Triumph Group Triumph Group isn’t currently prof...
Yahoo FinanceMar 13
Triumph Adopts Tax Benefits Preservation Plan to Protect Valuable Tax Assets
BERWYN, Pa.--(BUSINESS WIRE)-- 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 attributes (collectively, “Tax Benefits”). The Plan is similar to plans adopted by other public companies with significant Tax Benefits. The Company intends to submit the Plan for stockholder approval at the Company’s next annual mee...
Expected May 9, Pre-Market