Triumph Group Selected to Provide Sharklet Wing Reinforcement Kit for Airbus A319, A320 In-Service Aircraft Business Wire BERWYN, Pa. -- May 7, 2014 Triumph Group, Inc. (NYSE:TGI) today announced that its subsidiary, Triumph Aerostructures-Vought Aircraft Division, has been selected by Airbus to furnish the wing reinforcement kit that allows for the installation of Sharklets on the Airbus A319 and A320 in-service aircraft. The kit consists of multiple subassemblies and components that reinforce the wing for the Sharklet loads. The multi-year contract is worth over $160.0 million. Production will be done at the company’s Nashville, Tennessee facility, with first delivery expected early 2015. Jeffry D. Frisby, Triumph’s President and Chief Executive Officer, said, “This is a significant win for Triumph, strengthening our long-term relationship with Airbus. With more than three thousand A319 and A320 in-service aircraft eligible for the retrofit and strong operator demand, the outlook for the program is solid. We look forward to working with Airbus and the operators in supporting this retrofit program.” Triumph Aerostructures-Vought Aircraft Division designs, tests and manufactures aerostructures for commercial, military and business jet aircraft. Products include fuselage sections, wings, empennages, nacelle structures and helicopter cabins. Triumph Group, Inc., headquartered in Berwyn, Pennsylvania, designs, engineers, manufactures, repairs and overhauls a broad portfolio of aerostructures, aircraft components, accessories, subassemblies and systems. The company serves a broad, worldwide spectrum of the aviation industry, including original equipment manufacturers of commercial, regional, business and military aircraft and aircraft components, as well as commercial and regional airlines and air cargo carriers. More information about Triumph can be found on the company’s website at http://www.triumphgroup.com. Statements in this release which are not historical facts are forward-looking statements under the provisions of the Private Securities Litigation Reform Act of 1995, including, without limitation, statements about expectations of future revenues. All forward-looking statements involve risks and uncertainties which could affect the company’s actual results and could cause its actual results to differ materially from those expressed in any forward looking statements made by, or on behalf of, the company. Further information regarding the important factors that could cause actual results to differ from projected results can be found in Triumph Group’s reports filed with the SEC, including our Annual Report on Form 10-K for the fiscal year ended March 31, 2013. Contact: Triumph Group, Inc. Sheila G. Spagnolo Vice President, Tax & Investor Relations 610-251-1000 firstname.lastname@example.org
Triumph Group Selected to Provide Sharklet Wing Reinforcement Kit for Airbus A319, A320 In-Service Aircraft
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