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February 14, 2016 11:07 AM 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

President of Vought Commercial Division - Vought Aircraft Division
Age: 61
Vice President, Secretary and General Counsel
Age: 49
Principal Accounting Officer and Corporate Controller
Age: 54
Treasurer
Age: 57
Vice President of Communications
Age: 61
Compensation as of Fiscal Year 2015.

Triumph Aerostructures, LLC Key Developments

Triumph Aerostructures-Vought Aircraft Division Announces Delivery of Embraer E2 CFIII/AFT Fuselage to Embraer

Triumph Aerostructures-Vought Aircraft division has delivered its fully joined Embraer E2 CFIII/AFT fuselage to Embraer S.A., an aerospace company, from its Red Oak, Texas facility. The company entered into a contract with Embraer in 2013 to design and build the E2 CFIII/AFT fuselage shipsets for the life of the program.

Triumph Aerostructures, LLC Reports Unaudited Earnings Results for the First Quarter Ended June 30, 2015

Triumph Aerostructures, LLC reported unaudited earnings results for the first quarter ended June 30, 2015. For the period, the company’s net sales were $611,838,000 against $612,160,000 a year ago. Operating income was $66,007,000 against $68,819,000 a year ago. Capital expenditures were $11,626,000 against $15,369,000 a year ago. Adjusted earnings before interest, taxes, depreciation and amortization were $70,129,000 against $89,223,000 a year ago.

Triumph Aerostructures Reports Unaudited Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2015

Triumph Aerostructures reported unaudited earnings results for the fourth quarter and full year ended March 31, 2015. For the quarter, the company reported net sales of $704.5 million compared to $632.6 million in the prior fiscal year period. Organic sales for the quarter declined 3% primarily due to decreased production on the C-17 and 747-8 programs. Operating income was $86.9 million, compared to operating income of $36.2 million for the prior year period, and included $4.2 million of pre-tax charges related to the Jefferson Street/Red Oak facility transition. Capital expenditure was $18.277 million compared to $34.993 million a year ago. For fiscal year 2015, net sales were $2.508 billion as compared to $2.612 billion for the prior fiscal year. Operating income for fiscal year 2015 was $127.5 million, compared to $255.0 million for the prior fiscal year. The segment’s operating results for the quarter included a net unfavorable cumulative catch-up adjustment on long-term contracts of $1.2 million primarily related to the C-17 program. The segment’s operating margin for the quarter was 12%. Excluding the Jefferson Street/Red Oak facility transition costs and the 747-8 program, the segment’s operating margin for the quarter was 15%. Capital expenditure was $72.242 million compared to $167.198 million a year ago.

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