Triumph Group Inc.
About
Founded in 1993, Triumph Group is a provider of actuation, engine controls, gearboxes and accessory drive units, mechanical and thermal systems, interiors and MRO services. One of Triumph's major acquisitions was of Vought Aircraft Industries in 2010. Vought Aircraft Industries, now branded as Triumph Aerostructures - Vought Aircraft Division, is a leading global manufacturer of aerostructures for commercial, military and business jet aircraft. Vought's products include fuselages, wings, empennages, nacelles and helicopter cabins. Boeing is Vought's major partner, with Vought having a work share on every Boeing aircraft in production. Vought also works with Airbus to manufacture key airframe components on A320-family, A330/A340/A450 aircraft.
In May-2021, Triumph Group completed the sale of three of its aerostructures sites to Arlington Capital Partners. The transaction was effective 07-May-2021 and includes the Triumph Composites business consisting of the Milledgeville, Georgia and Rayong Thailand operations, as well as its structures operations in Red Oak, Texas. Arlington Capital Partners plans to continue operations at all three locations under the business name Qarbon Aerospace and will maintain the leadership and employees currently supporting the business.
Triumph Group completed the sale of its aerostructures business in Stuart, Florida to Daher Aerospace, effective 01-Jul-2022.
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