Newsletter Subscription


Sunday, Dec 11, 2016


Triumph Group Selected to Design and Build Fuselage Sections and Other Components for Embraer 2nd Gen of E-Jets

Triumph Group, Inc. (NYSE:TGI) today announced that its subsidiary, Triumph Aerostructures-Vought Aircraft Division, has been selected to design and build the center fuselage section III, rear fuselage section and various tail section components (rudder and elevator) for Embraer’s second-generation E-Jet family. The contract is worth approximately $1.7 billion over its lifetime. The company’s investment in the program, including capital and design activities, will be approximately $130 million which will be spread over the next four years. Planned to enter service in 2018, the program is expected to launch later this year. Spending in FY 2014 will be approximately $25 million.

Jeffry D. Frisby, Triumph’s President and Chief Executive Officer, said, “This is a significant win for Triumph and expands our presence in the jet market. We have been working diligently on developing our relationship with Embraer and are extremely pleased to have been selected to build major structural components for their next-generation of jets. We look forward to supporting this program.”


Related Research on ASDReports.com:
Global Supersonic Business Jet Market 2016-2020

Source : Triumph Group, Inc.

Published on ASDNews: Jun 10, 2013

 

Aircraft Asset Management Seminar 2017

Feb 13 - 14, 2017 - Hong Kong, Hong Kong

Register More info


US Export Controls Awareness Tool Kit

Dec 1, 2016 - Dec 31, 2017 - Microsoft PowerPoint, Word, Excel and Adobe PDF, Your Computer

Register More info


© 2004-2016 • ASDNews • be the first to know • contact usterms & conditionsprivacy policyadvertisingfaqs

zpsk