Triumph

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.

Prime maintenance, repair and overhual assets are being snapped up even as the broader deal-making environment faces challenges.

Companies being bought lately have one thing in common: They were struggling to varying degrees.

The U.S. MRO provider saw rises across multiple business segments in its fiscal first quarter.

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.

The reduced forecast also means a 6% cut, or a $70 million hit, to Triumph’s previous sales guidance for fiscal 2025.

AAR’s purchase of Triumph addresses two of the top problems of the MRO industry.

AAR sees the Triumph product support business as a promising avenue for both growth and accomplishing current component overhaul work more cost effectively

In what is becoming a year of going back to basics, aerospace manufacturing workers have the microphone.

While acknowledging they have to improve competitiveness, Daher’s officials insist OEMs must accept price increases.

Major aerostructures supplier Daher is prioritizing Airbus A320 component deliveries to help mitigate supply chain issues that have caused production delays.

Triumph management remains bullish about expected benefits from the sale of its Product Support group.

Large backlogs, a robust air travel market, and recent supply chain disruptions boosting demand for servicing of legacy aircraft bode well for the aftermarket.

AAR Corp. announced on Dec. 21 that it would buy Triumph’s (TGI) Product Support Group for $725 million.

Opening of the facility is a public sign of the progress being made by electric-aircraft startup Beta Technologies

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.

New-generation airframes and advanced air mobility aircraft are creating challenges for actuator engineering.

Among Triumph’s business lines, commercial aftermarket performed the best, on the back of continued improvement in overall air travel metrics.

Piasecki Aircraft plans to convert the former Lockheed Martin Sikorsky Heliplex into an R&D center for next generation VTOL and UAS aircraft systems.