TRIUMPH EXTENDS AND EXPANDS BAES M777 HOWITZER PROGRAM ROLE
Triumph Group [NYSE:TGI] has extended its strategic supplier agreement with BAE Systems and the US Army for the M777 Lightweight Howitzer program, focusing on critical spare Primer Feed Mechanism components. Since 2022, the company has delivered 2,365 units and currently has 938 units on order, including a recent additional order of 525 units.
The company's Systems, Electronics and Controls division specializes in designing, developing, manufacturing, repairing, and overhauling aviation and defense components, accessories, subassemblies, systems, and aircraft thermal management systems. They collaborate with original equipment manufacturers and operators of commercial, regional, and military aircraft worldwide.
Triumph Group [NYSE:TGI] ha esteso il suo accordo strategico di fornitura con BAE Systems e l'Esercito degli Stati Uniti per il programma del Howitzer Leggero M777, concentrandosi su componenti critici di ricambio del meccanismo di alimentazione del primer. Dal 2022, l'azienda ha consegnato 2.365 unità e attualmente ha 938 unità in ordine, inclusi un recente ordine aggiuntivo di 525 unità.
La divisione Sistemi, Elettronica e Controlli dell'azienda è specializzata nella progettazione, sviluppo, produzione, riparazione e revisione di componenti, accessori, sottoassiemi, sistemi e sistemi di gestione termica per aeromobili nel settore dell'aviazione e della difesa. Collaborano con produttori di apparecchiature originali e operatori di aerei commerciali, regionali e militari in tutto il mondo.
Triumph Group [NYSE:TGI] ha ampliado su acuerdo estratégico de suministro con BAE Systems y el Ejército de EE. UU. para el programa del Howitzer Ligero M777, centrándose en componentes críticos de repuesto del mecanismo de alimentación del iniciador. Desde 2022, la empresa ha entregado 2,365 unidades y actualmente tiene 938 unidades en orden, incluyendo un reciente pedido adicional de 525 unidades.
La división de Sistemas, Electrónica y Controles de la empresa se especializa en el diseño, desarrollo, fabricación, reparación y revisión de componentes, accesorios, subconjuntos, sistemas y sistemas de gestión térmica de aeronaves en el sector de la aviación y la defensa. Colaboran con fabricantes de equipos originales y operadores de aeronaves comerciales, regionales y militares en todo el mundo.
트라이엄프 그룹 [NYSE:TGI]은 BAE 시스템즈 및 미국 육군과의 M777 경량 포병 프로그램에 대한 전략적 공급 계약을 연장하였으며, 주로 중요한 예비 프라이머 공급 장치 부품에 집중하고 있습니다. 2022년 이후로, 이 회사는 2,365대를 납품하였으며 현재 938대의 주문이 있으며, 최근 525대의 추가 주문이 포함되어 있습니다.
회사의 시스템, 전자 및 제어 부서는 항공 및 방위 구성 요소, 액세서리, 하위 조립체, 시스템 및 항공기 열 관리 시스템의 설계, 개발, 제조, 수리 및 정비를 전문으로 합니다. 이들은 전 세계 상업용, 지역 및 군용 항공기의 원래 장비 제조업체 및 운영자와 협력하고 있습니다.
Triumph Group [NYSE:TGI] a prolongé son accord de fournisseur stratégique avec BAE Systems et l'Armée américaine pour le programme du Howitzer léger M777, en se concentrant sur des composants critiques de rechange du mécanisme d'alimentation en amorce. Depuis 2022, l'entreprise a livré 2 365 unités et a actuellement 938 unités en commande, y compris une récente commande supplémentaire de 525 unités.
La division Systèmes, Électronique et Contrôles de l'entreprise est spécialisée dans la conception, le développement, la fabrication, la réparation et la révision de composants, d'accessoires, de sous-ensembles, de systèmes et de systèmes de gestion thermique pour l'aviation et la défense. Ils collaborent avec des fabricants d'équipements d'origine et des opérateurs d'avions commerciaux, régionaux et militaires dans le monde entier.
Triumph Group [NYSE:TGI] hat seine strategische Liefervereinbarung mit BAE Systems und der US-Armee für das M777 Leichtgeschützprogramm verlängert, wobei der Fokus auf kritischen Ersatzteilen des Primer-Fütterungsmechanismus liegt. Seit 2022 hat das Unternehmen 2.365 Einheiten geliefert und hat derzeit 938 Einheiten bestellt, einschließlich einer kürzlichen zusätzlichen Bestellung von 525 Einheiten.
Die Abteilung Systeme, Elektronik und Steuerungen des Unternehmens ist auf die Planung, Entwicklung, Herstellung, Reparatur und Überholung von Komponenten, Zubehör, Unterbaugruppen, Systemen und thermischen Managementsystemen für Flugzeuge spezialisiert. Sie arbeiten mit Herstellern von Originalgeräten und Betreibern von zivilen, regionalen und militärischen Flugzeugen weltweit zusammen.
- Secured extension of strategic supplier agreement with BAE Systems and US Army
- Strong order book with 938 units pending delivery
- Additional new order of 525 units received
- Demonstrated successful delivery track record with 2,365 units shipped since 2022
- None.
Insights
The extension of TRIUMPH's role in the M777 Howitzer program carries substantial strategic significance beyond the immediate contract value. The company's successful delivery of 2,365 units since 2022 demonstrates strong operational execution, while the backlog of 938 units, including a fresh order for 525 units, provides solid revenue visibility for the coming quarters.
This agreement is particularly valuable for three key reasons: First, it reinforces TRIUMPH's position in the defense supply chain with tier-1 contractor BAE Systems, potentially opening doors for additional military programs. Second, the M777 platform's status as the primary towed artillery system for multiple NATO allies creates opportunities for sustained long-term demand, especially given ongoing global conflicts and military modernization initiatives. Third, the program provides high-margin recurring revenue through spare components, contributing to more predictable cash flows.
The expanded role aligns with TRIUMPH's strategic pivot toward higher-margin defense work, reducing its historical dependence on commercial aerospace. The Primer Feed Mechanism components represent mission-critical systems, and the company's proven track record in delivering these complex parts strengthens its competitive moat in the defense supplier ecosystem.
From a financial perspective, defense contracts typically carry better margins than commercial work and offer inflation protection through price escalation clauses. While the exact contract value wasn't disclosed, based on industry standards for similar components, this program likely represents a meaningful contribution to TRIUMPH's Systems, Electronics and Controls segment revenue.
"Our continuing partnership affirms TRIUMPH's commitment to delivering battle-proven solutions that enhance the performance and reliability of critical defense systems. Continuing our support for the Howitzer artillery platform, we remain dedicated to providing precision-engineered components that meet the highest standards of quality and durability for the warfighter," said Justin Wolfanger, President, TRIUMPH Systems, Electronics and Controls.
TRIUMPH Systems, Electronics and Controls designs, develops, manufactures, repairs, and overhauls a broad portfolio of aviation and defense components, accessories, subassemblies, systems, and aircraft thermal management systems. We partner with original equipment manufacturers and operators of commercial, regional, and military aircraft worldwide to provide the products and services that solve the hardest of problems.
TRIUMPH, headquartered in Radnor,
View original content:https://www.prnewswire.com/news-releases/triumph-extends-and-expands-baes-m777-howitzer-program-role-302383876.html
SOURCE Triumph Group
FAQ
How many M777 Howitzer components has Triumph Group (TGI) delivered since 2022?
What is the current order backlog for TGI's M777 Howitzer components?
What components does Triumph Group (TGI) supply for the M777 Howitzer program?
Who are the main partners in TGI's M777 Howitzer program?
