Triumph Receives MRO Agreement From Collins Aerospace For Environmental System Components
Triumph Group (NYSE:TGI) announced a seven-year agreement with Collins Aerospace for repair services on environmental control system components.
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Rhea-AI Summary
Triumph Group (NYSE:TGI) announced a seven-year agreement with Collins Aerospace for repair services on environmental control system components. Triumph Product Support in Wellington, Kansas will handle repairs for parts such as air cycle machines and refrigeration packages across various platforms. President Jim Berberet emphasized Triumph's capability in providing seamless maintenance, repair, and overhaul (MRO) services to original equipment manufacturers and airline carriers. This positions Triumph as a significant player in the global aerospace MRO market.
Positive
- Awarded a seven-year agreement with Collins Aerospace.
- Strengthens position in the aerospace MRO sector.
- Provides repairs for critical environmental control components.
Negative
- None.
Details
News Market Reaction – TGI
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BERWYN, Pa., May 12, 2021 /PRNewswire/ -- Triumph Group [NYSE:TGI] announced today that its maintenance, repair and overhaul business, Triumph Product Support, was awarded a seven year agreement from Collins Aerospace for repair services on various environmental control system components.
Under this agreement, the Triumph Product Support facility in Wellington, Kansas will repair and overhaul original equipment parts including air cycle machines, refrigeration packages, housings, ejectors, and fans across multiple platforms.
"Triumph is well equipped to support original equipment manufacturers as they serve their customers, providing seamless, high quality repairs and overall MRO support," said Jim Berberet, President, Triumph Product Support operating company. "Our accessory services business provides critical component care for a broad range of original equipment components. As one of the largest independent, global MRO providers, our product and service portfolio offers many solutions to benefit OEMs and airline carriers, including tailored support programs that meet service needs for all types of aircraft."
Triumph Group, Inc., headquartered in Berwyn, Pennsylvania, designs, engineers, manufactures, repairs and overhauls a broad portfolio of aerospace and defense systems, components and structures. The company serves the global aviation industry, including original equipment manufacturers and the full spectrum of military and commercial aircraft operators.
More information about Triumph can be found on the company's website at www.triumphgroup.com.
View original content:http://www.prnewswire.com/news-releases/triumph-receives-mro-agreement-from-collins-aerospace-for-environmental-system-components-301290119.html
SOURCE Triumph Group
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