March 05, 2015 5:38 PM ET

Aerospace and Defense

Company Overview of Triumph Aerostructures, LLC

Company Overview

Triumph Aerostructures, LLC engages in the manufacture and supply of aerostructures for commercial, military, and business jet aircraft worldwide. The company offers fuselages, wings, empennages, nacelles, and helicopter cabins to aerospace original equipment manufacturers. It also provides design, testing, manufacturing, and support services. Triumph Aerostructures, LLC was formerly known as Vought Aircraft Industries, Inc. and changed its name to Triumph Aerostructures, LLC in June 2010 as a result of its acquisition by Triumph Group, Inc. The company was founded in 1917 and is based in Dallas, Texas. Triumph Aerostructures, LLC operates as a subsidiary of Triumph Group, Inc.

9314 West Jefferson Boulevard

Dallas, TX 75211

United States

Founded in 1917

5,900 Employees

Key Executives for Triumph Aerostructures, LLC

Chief Financial Officer and Executive Vice President
Age: 56
President of Vought Commercial Division - Vought Aircraft Division
Age: 60
Vice President, Secretary and General Counsel
Age: 48
Principal Accounting Officer and Corporate Controller
Age: 53
Treasurer
Age: 56
Compensation as of Fiscal Year 2014.

Triumph Aerostructures, LLC Key Developments

Gulfstream Aerospace Corp. Selects Triumph Aerostructures, LLC as to Build Wing Structural Components for the G500/600 Business Jet

Triumph Group Inc. announced Triumph Aerostructures has been selected by Gulfstream Aerospace Corp. to build wing structural components for the G500/600 business jet. The contract is worth approximately $250.0 million. Production of the structural components will be performed at the company's facilities in Nashville, Tennessee and Los Angeles, California. In addition to the wing structural components, Triumph Actuation Systems - Connecticut has also been selected by UTC Aerospace Systems to design and build the G500/600 nose wheel steering system. The contract is worth approximately $80.0 million with the design and build being performed at the company's facilities in Bloomfield and East Lyme, Connecticut.

Airbus Selects Triumph for A319 and A320 Sharklet Wing Reinforcement Kit

Airbus Group has selected Triumph Aerostructures-Vought Aircraft Divisionto provide 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.

Triumph Aerostructures Reports Unaudited Earnings Results for Fourth Quarter and Full Year Ended March 31, 2014

Triumph Aerostructures reported unaudited earnings results for fourth quarter and full year ended March 31, 2014. For the fourth quarter, the company reported net sales were $632,601,000 compared to $720,722,000 in the same period last year, operating income was $36,208,000 compared to $110,901,000 in the same period last year. Capital expenditures were $34,993,000 compared to $24,300,000 in the same period last year. Adjusted earnings before interest, taxes, depreciation and amortization were $62,437,000 compared to $128,969,000 in the same period last year. For the full year, the company reported net sales were $2,612,439,000 compared to $2,781,344,000 in the same period last year, operating income was $254,469,000 compared to $469,873,000 in the same period last year. Capital expenditures were $167,198,000 compared to $90,466,000 in the same period last year. Adjusted earnings before interest, taxes, depreciation and amortization were $344,088,000 compared to $540,300,000 in the same period last year.

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