Aerospace and Defense
Company Overview of Triumph Aerospace Systems Group LLC
Triumph Aerospace Systems Group LLC designs, develops, manufactures, supplies, and repairs aircraft metallic structural assemblies; and mechanical, electromechanical, hydraulic, and hydro mechanical control systems. The company offers wing spars and stringers, stretch-formed leading edges and fuselage skins, floor beams, landing gear components and assemblies, composite and metal bonding, window and window assemblies, composite ducts and floor panels, and exhaust nozzles and ducting. It serves airlines, air cargo carriers, domestic and foreign militaries, aerospace original equipment manufacturers, and top-tier manufacturers. Triumph Aerospace Systems Group LLC was formerly known as Triumph ...
1550 Liberty Ridge Drive
Wayne, PA 19087
Key Executives for Triumph Aerospace Systems Group LLC
Triumph Aerospace Systems Group LLC does not have any Key Executives recorded.
Triumph Aerospace Systems Group LLC Key Developments
Triumph Aerospace Systems Group LLC Reports Unaudited Earnings Results for the First Quarter Ended June 30, 2015
Jul 29 15
Triumph Aerospace Systems Group LLC reported unaudited earnings results for the first quarter ended June 30, 2015. For the period, the company’s net sales were $277,647,000 against $219,852,000 a year ago. Operating income was $51,253,000 against $37,352,000 a year ago. Capital expenditures were $5,511,000 against $5,663,000 a year ago. Adjusted earnings before interest, taxes, depreciation and amortization were $52,705,000 against $43,019,000 a year ago.
Triumph Aerospace Systems Reports Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2015
May 7 15
Triumph Aerospace Systems reported unaudited earnings results for the fourth quarter and full year ended March 31, 2015. For the quarter, the company reported net sales of $301.2 million compared to $235.3 million in the prior year period, an increase of 28%, reflecting the impact of the Triumph Actuation Systems-Yakima and Triumph Actuation Systems-UK and IOM acquisitions completed at the end of the first quarter of fiscal year 2015. Organic sales for the quarter declined 3% primarily due to decreased production on the V-22 program. Operating income for the fourth quarter of fiscal year 2015 was a record $58.6 million compared to $42.8 million for the prior year period, an increase of 37%, reflecting a record operating margin of 20%. Capital expenditure was $58.612 million compared to $42.834 million a year ago.
For the fiscal year 2015, net sales increased 25% to $1.089 billion from $871.8 million for the prior fiscal year. Operating income for fiscal year 2015 was $184.0 million, compared to $149.7 million for the prior fiscal year, an increase of 23%, reflecting an operating margin of 17%. Organic operating margin for the quarter and for the full fiscal year were 19% and 18% respectively as compared to 18% and 17% for the prior year respective periods. Capital expenditure was $184.042 million compared to $149.721 million a year ago.
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