Aerospace and Defense
Company Overview of Triumph Actuation Systems, LLC
Triumph Actuation Systems, LLC manufactures, designs and repairs hydraulic and hydro-mechanical aircraft components and systems. The company hydraulic controls, actuators, pump packages, chassis, pneumatic valves, and mechanical assemblies. It also offers aftermarket services, including spares, and repair and overhaul support. The company was formerly known as Frisby Aerospace, Inc. and changed its name to Triumph Actuation Systems, LLC in May, 1998. As a result of its acquisition by Triumph Group, Inc., its name was changed. The company was founded in 1940 and is based in Clemmons, North Carolina with plants in Freeport, New York; and Clemmons, North Carolina. Triumph Actuation Systems, LLC...
4520 Hampton Road
Clemmons, NC 27012-9456
Founded in 1940
Key Executives for Triumph Actuation Systems, LLC
Compensation as of Fiscal Year 2014.
Triumph Actuation Systems, LLC Key Developments
Triumph Actuation Systems Wins $318,700 Federal Supplier Contract
Nov 12 14
A unit of Triumph Actuation Systems has earned $318,700 federal supplier contract. The company won the contract from the U.S. Naval Supply Systems Command in Philadelphia for the modification of engine starters.
Triumph Group, Inc. and Triumph Actuation Systems- Clemmons, LLC Announce Settlement of All Litigation with Eaton Corporation
Jun 19 14
Triumph Group, Inc. announced the settlement of all pending litigation involving the company and its subsidiary, Triumph Actuation Systems- Clemmons, LLC (formerly known as Frisby Aerospace, LLC), and Eaton Corporation and certain of its subsidiaries. As part of the settlement, Eaton has agreed to pay Triumph $135,300,000 in cash. The Mississippi Supreme Court previously affirmed the dismissal with prejudice of all claims of trade secret misappropriation brought in Mississippi by Eaton and its affiliates against the company, Triumph Actuation Systems - Clemmons and six engineers employed by Triumph Actuation Systems who had formerly worked for an Eaton subsidiary. As part of the settlement, Triumph agreed to dismiss with prejudice all counterclaims associated with the litigation, as well as claims brought in Mississippi and North Carolina by Triumph, its subsidiary and the engineers against Eaton and its affiliates for wrongful conduct and anticompetitive activity in bringing and maintaining the trade secret claims. The rest of the terms of the settlement are confidential.
Supreme Court of Mississippi Affirms Dismissal with Prejudice of All of Eaton's Claims against Triumph Group, Inc and Triumph Actuation Systems, LLC
Nov 22 13
Triumph Group, Inc. announced that the Supreme Court of Mississippi affirmed the dismissal with prejudice of all of Eaton's claims against the Company, its subsidiary Triumph Actuation Systems LLC and certain employees. In upholding the dismissal, the Court concluded that the evidence clearly and convincingly showed that Eaton knew that its outside counsel, Ed Peters, had engaged in improper ex parte communication on Eaton's behalf with the then presiding Mississippi state trial court Judge, Bobby DeLaughter. The Supreme Court also affirmed the previously imposed $1,560,642.83 sanction against Eaton and certain of its attorneys for intentional discovery violations in the course of the same litigation. Triumph's counterclaims against Eaton in the Mississippi state court case remain pending, as does an antitrust suit brought by Triumph against Eaton in federal court in North Carolina.
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