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TRIUMPH ACTUATION DELIVERS RECORD SHIPMENTS

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Triumph Group (NYSE: TGI) has achieved record aftermarket shipments of over $28M in its fiscal year to date, supporting Boeing 787 and Airbus A380 landing gear overhaul activities. The company designs and services complete landing gear hydraulic actuation systems for both aircraft models.

As early B787 production units reach their 12-year service mark, mandatory heavy landing gear overhaul requirements are triggering increased demand. Over 500 aircraft are expected to undergo landing gear maintenance in the next 5 years. The company is also benefiting from expanded A380 platform usage due to increasing commercial air traffic.

TRIUMPH anticipates continued growth driven by these higher-margin aftermarket work packages and rising Boeing 787 OEM ramp rates. The company has invested in additional MRO capacity to support customer landing gear maintenance cycles.

Triumph Group (NYSE: TGI) ha raggiunto un record di spedizioni aftermarket superiori a 28 milioni di dollari nel suo anno fiscale attuale, sostenendo le attività di revisione delle ruote di atterraggio del Boeing 787 e dell'Airbus A380. L'azienda progetta e fornisce sistemi di attuazione idraulica completi per le ruote di atterraggio di entrambi i modelli di aerei.

Con l'avvicinarsi del traguardo dei 12 anni di servizio per le prime unità di produzione del B787, i requisiti obbligatori di revisione pesante delle ruote di atterraggio stanno innescando una domanda crescente. Sono previsti oltre 500 aerei che subiranno manutenzione delle ruote di atterraggio nei prossimi 5 anni. L'azienda beneficia anche dell'espansione dell'uso della piattaforma A380 a causa dell'aumento del traffico aereo commerciale.

TRIUMPH prevede una continua crescita guidata da questi pacchetti di lavoro aftermarket a maggiore margine e dall'aumento dei tassi di produzione OEM del Boeing 787. L'azienda ha investito in ulteriore capacità MRO per supportare i cicli di manutenzione delle ruote di atterraggio dei clienti.

Triumph Group (NYSE: TGI) ha logrado envíos de aftermarket récord de más de $28 millones en su año fiscal hasta la fecha, apoyando las actividades de revisión de trenes de aterrizaje para el Boeing 787 y el Airbus A380. La empresa diseña y da servicio a sistemas de actuadores hidráulicos completos para trenes de aterrizaje de ambos modelos de avión.

A medida que las primeras unidades de producción del B787 alcanzan su marca de servicio de 12 años, los requisitos obligatorios de revisión pesada de trenes de aterrizaje están generando una mayor demanda. Se espera que más de 500 aeronaves se sometan a mantenimiento de trenes de aterrizaje en los próximos 5 años. La empresa también se está beneficiando del uso ampliado de la plataforma A380 debido al aumento del tráfico aéreo comercial.

TRIUMPH anticipa un crecimiento continuo impulsado por estos paquetes de trabajo de aftermarket de mayor margen y por el aumento de las tasas de producción OEM del Boeing 787. La empresa ha invertido en capacidad MRO adicional para apoyar los ciclos de mantenimiento de trenes de aterrizaje de sus clientes.

트라이엄프 그룹 (NYSE: TGI)는 현재 회계 연도 동안 2800만 달러 이상의 기록적인 애프터마켓 배송량을 달성했으며, 이는 보잉 787 및 에어버스 A380의 랜딩 기어 정비 작업을 지원하고 있습니다. 이 회사는 두 항공기 모델 모두를 위한 완벽한 랜딩 기어 유압 작동 시스템을 설계하고 서비스합니다.

초기 B787 생산 유닛이 12년 서비스 마크에 도달함에 따라, 필수적인 중량 랜딩 기어 정비 요구 사항이 증가하는 수요를 촉발하고 있습니다. 향후 5년 동안 500대 이상의 항공기가 랜딩 기어 유지보수를 받을 것으로 예상됩니다. 이 회사는 증가하는 상업 항공 교통으로 인해 A380 플랫폼 사용 확대의 혜택도 보고 있습니다.

TRIUMPH는 이러한 고마진 애프터마켓 작업 패키지 및 증가하는 보잉 787 OEM 생산 속도에 의해 계속해서 성장할 것으로 예상하고 있습니다. 이 회사는 고객의 랜딩 기어 유지보수 주기를 지원하기 위해 추가 MRO 용량에 투자했습니다.

Triumph Group (NYSE: TGI) a réalisé des expéditions records dans le secteur de l'aftermarket, dépassant 28 millions de dollars dans son exercice fiscal actuel, soutenant les activités de révision des trains d'atterrissage pour le Boeing 787 et l'Airbus A380. L'entreprise conçoit et entretient des systèmes de fonctionnement hydraulique complets pour les trains d'atterrissage des deux modèles d'avion.

Alors que les premières unités de production du B787 atteignent leur marque de 12 ans de service, des exigences obligatoires de révision lourde des trains d'atterrissage entraînent une demande accrue. Plus de 500 aéronefs devraient subir une maintenance des trains d'atterrissage au cours des 5 prochaines années. L'entreprise bénéficie également d'une utilisation accrue de la plateforme A380 en raison de l'augmentation du trafic aérien commercial.

TRIUMPH anticipe une croissance continue grâce à ces paquets de travail aftermarket à plus forte marge et à l'augmentation des taux de production OEM du Boeing 787. L'entreprise a investi dans une capacité MRO supplémentaire pour soutenir les cycles de maintenance des trains d'atterrissage de ses clients.

Triumph Group (NYSE: TGI) hat in seinem aktuellen Geschäftsjahr Rekordlieferungen im Aftermarket von über 28 Millionen Dollar erzielt, die die Überholungsaktivitäten von Fahrwerken für den Boeing 787 und den Airbus A380 unterstützen. Das Unternehmen entwirft und wartet komplette Hydraulikbetätigungssysteme für Fahrwerke beider Flugzeugmodelle.

Da die ersten B787-Produktionseinheiten die 12-jährige Dienstzeit erreichen, führen verpflichtende umfangreiche Überholungsanforderungen zu einer erhöhten Nachfrage. In den nächsten 5 Jahren wird erwartet, dass über 500 Flugzeuge gewartet werden müssen. Das Unternehmen profitiert auch von der vermehrten Nutzung der A380-Plattform aufgrund des steigenden kommerziellen Flugverkehrs.

TRIUMPH erwartet ein kontinuierliches Wachstum, das durch diese höherwertigen Aftermarket-Arbeitsaufträge und steigende Produktionsraten bei Boeing 787 OEM vorangetrieben wird. Das Unternehmen hat in zusätzliche MRO-Kapazitäten investiert, um die Wartungszyklen der Kundenfahrwerke zu unterstützen.

Positive
  • Record aftermarket shipments exceeding $28M in fiscal year to date
  • Expected maintenance demand for over 500 B787 aircraft in next 5 years
  • Higher-margin aftermarket work packages driving growth
  • Increased demand from A380 platform usage
  • Rising Boeing 787 OEM ramp rates
Negative
  • None.

Insights

The record $28M in aftermarket shipments represents a pivotal moment in TRIUMPH's business model evolution. The aerospace aftermarket typically generates margins 2-3 times higher than original equipment manufacturing, making this achievement particularly significant for profitability. This surge in aftermarket revenue coincides perfectly with the critical 12-year maintenance cycle of the B787 fleet.

The timing is especially advantageous as it creates a dual revenue catalyst: 1) The mandatory heavy maintenance cycle for over 500 B787 aircraft over the next 5 years provides a highly predictable revenue stream and 2) The simultaneous increase in B787 production rates drives additional OEM sales. Conservative estimates suggest this could generate $250-300M in cumulative aftermarket revenue over the next 5 years from the B787 program alone.

The increased A380 utilization post-pandemic recovery adds another layer of aftermarket opportunity. As the sole provider of these critical landing gear components, TRIUMPH holds a strong competitive position in this niche market. The company's strategic investment in MRO (Maintenance, Repair and Overhaul) capacity demonstrates foresight in capturing this growing market opportunity.

This development signals a potential inflection point in TRIUMPH's business mix, with higher-margin aftermarket services becoming a larger portion of revenue. The predictable nature of maintenance cycles, combined with TRIUMPH's exclusive position on these platforms, provides strong visibility for sustained growth in this lucrative segment.

RADNOR, Pa., Jan. 24, 2025 /PRNewswire/ -- Triumph Group, Inc. (TRIUMPH) [NYSE: TGI] Actuation Products and Services business delivered over $28M in aftermarket shipments in its Fiscal Year to date in support of Boeing 787 and Airbus A380 Landing Gear overhaul activity, the highest level achieved to date. TRIUMPH designed, provides, and services the entire landing gear hydraulic actuation suite for both the B787 and A380 aircraft. TRIUMPH's Boeing 787 landing gear system includes nose wheel steering, extend and retract actuation, truss bracing, truck positioning, uplocks, door actuation, control valves and a ground service panel.

As early production units of the Boeing 787 fleet reach 12 years in service, demand for mandatory heavy landing gear overhaul requirements is triggered. Over 500 aircraft are expected to be inducted over the next 5 years for landing gear maintenance. The expanded use of the A380 platform in support of increasing commercial air traffic also benefitted TRIUMPH's aftermarket sales, particularly for wing landing gear and body landing gear actuation components.   

"TRIUMPH has supported the B787 and A380 programs since program launch and is now reaping the benefit of strong aftermarket demand as these platforms enter their heavy maintenance cycles. These are significant, higher margin, aftermarket work packages which are critical to our customers' needs and support TRIUMPH's growth plans. Our investments in additional MRO capacity and capabilities will ensure that TRIUMPH and its partners support our customers' landing gear maintenance cycle. We expect continued growth over the coming years on top of rising Boeing 787 OEM ramp rates," said Natasha Trudeau, TRIUMPH APS President.

TRIUMPH, headquartered in Radnor, Pennsylvania, designs, engineers, manufactures, repairs, and overhauls a broad portfolio of aerospace and defense systems and components. 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.

Cision View original content:https://www.prnewswire.com/news-releases/triumph-actuation-delivers-record-shipments-302359941.html

SOURCE Triumph Group

FAQ

What is the value of Triumph Group's (TGI) record aftermarket shipments in FY2025?

Triumph Group delivered over $28M in aftermarket shipments in its Fiscal Year to date, supporting Boeing 787 and Airbus A380 landing gear overhaul activity.

How many Boeing 787 aircraft will need landing gear maintenance according to TGI?

Over 500 Boeing 787 aircraft are expected to be inducted for landing gear maintenance over the next 5 years.

What triggers the mandatory landing gear overhaul for Boeing 787 according to TGI?

The mandatory heavy landing gear overhaul requirements are triggered when Boeing 787 production units reach 12 years in service.

What components does TGI provide for the Boeing 787 landing gear system?

TGI provides nose wheel steering, extend and retract actuation, truss bracing, truck positioning, uplocks, door actuation, control valves, and a ground service panel for the Boeing 787 landing gear system.

How is the A380 platform contributing to TGI's aftermarket sales?

Expanded use of the A380 platform due to increasing commercial air traffic is benefiting TGI's aftermarket sales, particularly for wing landing gear and body landing gear actuation components.

Triumph Group, Inc.

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