Triumph To Provide Mechanical Flight Controls For Multiple Bell Platforms

Rhea-AI Summary

Triumph Group [NYSE: TGI] has secured a five-year contract from Bell Textron for the supply of mechanical flight controls for various commercial helicopter models including the Bell 429, 412, and 407. This contract is an indefinite delivery/indefinite quantity (ID/IQ) award starting this year. The work will be conducted at Triumph's facilities in North Wales, Pennsylvania, and Shelbyville, Indiana, through 2024. Triumph aims to maintain its strong supplier relationship with Bell, enhancing its position in the aerospace sector and exploring growth opportunities in additional markets.

Positive

• Secured a five-year contract with Bell Textron for mechanical flight controls.
• Strengthens Triumph's position as a major supplier within the aerospace industry.
• Potential for business growth by leveraging aerospace applications in other markets.

Negative

• None.

BERWYN, Pa., June 22, 2020 /PRNewswire/ -- Triumph Group [NYSE: TGI] announced that its Triumph Systems & Support business unit has been awarded a five-year contract from Bell Textron, Inc. for the supply of mechanical flight controls for multiple commercial helicopter platforms, including the Bell 429, Bell 412 and Bell 407. The contract is an indefinite delivery/indefinite quantity (ID/IQ) award that will commence this year. Triumph is a long-standing supplier of safe and reliable high-performance mechanical flight control products to Bell supporting both their commercial and military programs.

"We are pleased that Bell continues to value the quality and performance of Triumph's mechanical flight controls, and we look forward to furthering our support of their very successful rotary-wing platforms," said Ian Reason, President of Triumph Systems & Support – Mechanical Solutions. "This contract helps solidify our position as a major supplier to Bell and reinforces our commitment to building lasting partnerships with our customers so we can deliver the best solutions to meet their needs."

Work will be performed at Triumph's Mechanical Solutions facilities in North Wales, Pennsylvania and Shelbyville, Indiana through 2024.  Triumph Mechanical Solutions supports multiple rotary-wing platforms with highly effective mechanical control solutions that are also used in larger commercial aircraft, maritime and military land vehicle applications. 

"The ability to leverage and adapt our highly engineered aerospace applications to other markets where quality, reliability and value are also key drivers, is a real strength of Triumph Mechanical Solutions," continued Reason. "This provides opportunities for further growth of our business."

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 did Triumph Group secure with Bell Textron?

Triumph Group secured a five-year contract to supply mechanical flight controls for Bell's commercial helicopters.

Which helicopter models are included in the Triumph Group contract?

The contract includes the Bell 429, Bell 412, and Bell 407 helicopter models.

When will the Triumph Group contract with Bell Textron commence?

The contract will commence in 2020 and is set for five years.

Where will the work for Triumph's contract with Bell Textron be performed?

Work will be performed at Triumph's facilities in North Wales, Pennsylvania, and Shelbyville, Indiana.

What type of award is the contract Triumph received from Bell Textron?

The contract is an indefinite delivery/indefinite quantity (ID/IQ) award.