29 January 2014
Triumph Group, Inc. (NYSE: TGI) said its subsidiary, Triumph Aerostructures-Vought Aircraft Division, and Airbus S.A.S. have reached an agreement to provide machined and assembled structural components for the fuselage structure which support the cabin storage bins and aircraft systems for the Airbus A350 XWB.
The initial contract is worth approximately USD34.0m over the next four years. At full rate, this work package would represent approximately USD20.0m per year. Production will be performed primarily at the company´s facilities in Nashville, Tennessee and Kansas City, Missouri, with first deliveries anticipated by mid-2014.
Triumph Aerostructures-Vought Aircraft Division designs, tests and manufactures aerostructures for commercial, military and business jet aircraft. Products include fuselage sections, wings, empennages, nacelle structures and helicopter cabins.
Triumph Group, headquartered in Berwyn, Pennsylvania, designs, engineers, manufactures, repairs and overhauls a broad portfolio of aerostructures, aircraft components, accessories, subassemblies and systems. Its website is at http://www.triumphgroup.com.