The buyout delivers a key portfolio of aerospace and defense parts and engineering into the hands of two private equity (PE) investors familiar to industry.
Triumph Group’s aftermarket business is reaping the benefits of new-equipment delivery struggles and an imminent rise in demand for work on landing gear parts.
Triumph says it is contending with issues across commercial and defense programs as it grapples with supply chain challenges that are denting its cash position.
AAR sees the Triumph product support business as a promising avenue for both growth and accomplishing current component overhaul work more cost effectively
Major aerostructures supplier Daher is prioritizing Airbus A320 component deliveries to help mitigate supply chain issues that have caused production delays.
Large backlogs, a robust air travel market, and recent supply chain disruptions boosting demand for servicing of legacy aircraft bode well for the aftermarket.
For too long, OEMs assumed that compliant aerostructures suppliers were a given. That era is over, and aerospace stakeholders must plan for a new reality.
