Triumph Group Signs Long-Term Agreement For C-5 High-Speed Gearboxes

Rhea-AI Summary

Triumph Group [NYSE: TGI] has secured a five-year contract with Linmarr Associates to supply 30 spare high-speed gearboxes for the Lockheed C-5 Galaxy. This agreement focuses on the landing gear door actuation system, emphasizing Triumph's commitment to military support and lifecycle management of aerospace products. Triumph's President highlighted the significance of this partnership in enhancing the performance of Air Force transport aircraft, reinforcing their dedication to supporting U.S. warfighters.

Positive

• Secured a five-year contract with Linmarr Associates to supply 30 spare gearboxes, ensuring steady revenue.
• Strengthened focus on military business, enhancing long-term growth potential.
• Triumph's expertise as the OEM positions them advantageously in supplying reliable spare parts.

Negative

• None.

BERWYN, Pa., Oct. 7, 2020 /PRNewswire/ -- Triumph Group [NYSE: TGI] announced that it has signed a five-year agreement with Linmarr Associates, a Defense Logistics Agency distributor for the U.S. Air Force, to provide 30 new spare high-speed gearboxes for the Lockheed C-5 Galaxy. The gearboxes are part of the landing gear door actuation system also provided by Triumph Group.

"Triumph is pleased to partner with Linmarr in the ongoing support of the high-speed gearboxes that compose the C-5 landing gear door actuation system," said Scott Ledbetter, President of the Triumph Systems & Support - Actuation and Geared Solutions operating company. "Triumph is focused on expanding our military business and supporting our products through the entire lifecycle of an aircraft. As the designer and original equipment manufacturer (OEM) of the C-5 door actuation system, we are best positioned to provide reliable spare parts like the high-speed gearbox that will help optimize performance of the Air Force's heavy-lifting transport aircraft, which ultimately supports our commitment to protecting our warfighters."

About Linmarr Associates:
Linmarr Associates, Inc., headquartered in Irvine, California is a supply chain partner to the Defense Logistics Agency, Navy, and Tacom.  Linmarr Associates provides value added services such as Government contract bidding, negotiation, contract management, mil-spec packaging, and WAWF logistics services in support of the U.S. warfighter.  Linmarr Associates proven SMART Partnership program is focused on growth for their OEM partners in the U.S. Government contracting market.

About Triumph Group:
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.

 

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SOURCE Triumph Group

FAQ

What contract has Triumph Group recently signed?

Triumph Group has signed a five-year agreement with Linmarr Associates to provide 30 spare high-speed gearboxes for the C-5 Galaxy.

How will the new agreement affect Triumph Group's military business?

The agreement highlights Triumph's commitment to expanding its military business and lifecycle support for aerospace products.

What is the significance of the high-speed gearboxes for the C-5 Galaxy?

The gearboxes are crucial for the landing gear door actuation system, optimizing performance for the Air Force's transport aircraft.

What is Triumph Group's position in the aerospace market?

Triumph Group designs, engineers, and manufactures a broad range of aerospace and defense systems, serving original equipment manufacturers and military aircraft operators.