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TriMas Aerospace Secures Multi-Year Global Contract With Airbus

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TriMas Aerospace (NASDAQ: TRS) has secured a significant multi-year global contract with Airbus, expanding its existing contract scope across all fastener business units. The agreement covers multiple Airbus civil and military platforms, including the A320, A350, and A220.

The contract encompasses next-generation fastening solutions and newly qualified products designed for robotic assembly processes. Manufacturing will take place in TriMas' facilities in Commerce and City of Industry, California, and Ottawa, Kansas.

The expanded partnership strengthens TriMas Aerospace's position in the global Airbus supply chain, with the company continuing to invest in state-of-the-art manufacturing equipment and advanced processes to enhance capabilities in aerospace fastening technology.

TriMas Aerospace (NASDAQ: TRS) ha ottenuto un importante contratto globale pluriennale con Airbus, ampliando l'ambito del contratto esistente in tutte le unità di business dei fissaggi. L'accordo copre diverse piattaforme civili e militari di Airbus, tra cui l'A320, l'A350 e l'A220.

Il contratto comprende soluzioni di fissaggio di nuova generazione e prodotti recentemente qualificati progettati per processi di assemblaggio robotico. La produzione avverrà negli stabilimenti di TriMas a Commerce e City of Industry, California, e Ottawa, Kansas.

Il partenariato ampliato rafforza la posizione di TriMas Aerospace nella catena di fornitura globale di Airbus, con l'azienda che continua a investire in attrezzature di produzione all'avanguardia e processi avanzati per migliorare le capacità nella tecnologia di fissaggio aerospaziale.

TriMas Aerospace (NASDAQ: TRS) ha asegurado un importante contrato global de varios años con Airbus, ampliando el alcance del contrato existente en todas las unidades de negocio de fijación. El acuerdo abarca múltiples plataformas civiles y militares de Airbus, incluyendo el A320, A350 y A220.

El contrato incluye soluciones de fijación de próxima generación y productos recién calificados diseñados para procesos de ensamblaje robótico. La fabricación se llevará a cabo en las instalaciones de TriMas en Commerce y City of Industry, California, y Ottawa, Kansas.

La asociación ampliada refuerza la posición de TriMas Aerospace en la cadena de suministro global de Airbus, con la empresa continuando su inversión en equipos de fabricación de última generación y procesos avanzados para mejorar las capacidades en tecnología de fijación aeroespacial.

TriMas Aerospace (NASDAQ: TRS)는 Airbus와의 중요한 다년 글로벌 계약을 체결하여 모든 패스너 사업 부문에서 기존 계약 범위를 확장했습니다. 이 계약은 A320, A350 및 A220을 포함한 여러 Airbus 민간 및 군사 플랫폼을 포괄합니다.

계약에는 로봇 조립 프로세스를 위해 설계된 차세대 고정 솔루션과 새롭게 인증된 제품이 포함됩니다. 제조는 캘리포니아의 Commerce 및 City of Industry, 그리고 Kansas의 Ottawa에 있는 TriMas 시설에서 이루어질 것입니다.

확대된 파트너십은 TriMas Aerospace의 글로벌 Airbus 공급망 내 위치를 강화하며, 회사는 항공우주 고정 기술의 능력을 향상시키기 위해 최첨단 제조 장비와 고급 프로세스에 계속 투자하고 있습니다.

TriMas Aerospace (NASDAQ: TRS) a obtenu un important contrat mondial pluriannuel avec Airbus, élargissant l'étendue de son contrat existant dans toutes les unités commerciales de fixation. L'accord couvre plusieurs plateformes civiles et militaires d'Airbus, y compris l'A320, l'A350 et l'A220.

Le contrat comprend des solutions de fixation de nouvelle génération et des produits nouvellement qualifiés conçus pour des processus d'assemblage robotisés. La fabrication aura lieu dans les installations de TriMas à Commerce et City of Industry, en Californie, et à Ottawa, au Kansas.

Le partenariat élargi renforce la position de TriMas Aerospace dans la chaîne d'approvisionnement mondiale d'Airbus, l'entreprise continuant d'investir dans des équipements de fabrication à la pointe de la technologie et des processus avancés pour améliorer ses capacités en technologie de fixation aérospatiale.

TriMas Aerospace (NASDAQ: TRS) hat einen bedeutenden globalen Mehrjahresvertrag mit Airbus gesichert, der den bestehenden Vertragsumfang in allen Befestigungsgeschäftseinheiten erweitert. Die Vereinbarung umfasst mehrere zivile und militärische Plattformen von Airbus, darunter den A320, A350 und A220.

Der Vertrag umfasst Lösungen für Befestigungen der nächsten Generation und neu qualifizierte Produkte, die für robotergestützte Montageprozesse entwickelt wurden. Die Produktion erfolgt in den Einrichtungen von TriMas in Commerce und City of Industry, Kalifornien, sowie in Ottawa, Kansas.

Die erweiterte Partnerschaft stärkt die Position von TriMas Aerospace in der globalen Airbus-Lieferkette, während das Unternehmen weiterhin in modernste Fertigungsanlagen und fortschrittliche Prozesse investiert, um die Fähigkeiten in der Luft- und Raumfahrtbefestigungstechnologie zu verbessern.

Positive
  • Secured multi-year contract expansion with major customer Airbus
  • Broadened reach across multiple Airbus aircraft platforms
  • Contract includes next-generation fastening solutions for robotic assembly
Negative
  • None.

Insights

This expanded Airbus contract marks a strategic advancement for TriMas Aerospace, significantly broadening their footprint across Airbus's civil and military aircraft programs. The inclusion of next-generation fastening solutions optimized for robotic assembly processes is particularly noteworthy, as it aligns with the aerospace industry's increasing focus on manufacturing automation and efficiency improvements.

The contract's scope across multiple platforms - including the A320 (Airbus's bestselling narrow-body aircraft), A350 (advanced wide-body), and A220 (regional jet) - provides TriMas with exposure to diverse market segments within commercial aviation. This multi-platform approach helps insulate the company from program-specific risks while creating opportunities for technology cross-pollination and economies of scale.

The manufacturing distribution across three U.S. facilities (Commerce, City of Industry, and Ottawa) demonstrates TriMas's robust production capacity and redundancy, critical factors for aerospace supply chain reliability. Their investment in advanced manufacturing equipment suggests a forward-looking approach to maintaining competitive advantages in precision engineering and automated production processes.

This contract reinforces TriMas's position in the aerospace fastener market, where high-performance requirements and stringent certification standards create significant barriers to entry. The focus on robotic assembly optimization is particularly strategic, as it addresses the industry's push toward increased automation to improve consistency, reduce assembly times, and lower manufacturing costs.

BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)-- TriMas (NASDAQ: TRS) today announced that TriMas Aerospace’s Monogram Aerospace Fasteners™, Allfast Fastening Systems® and Mac Fasteners™ brands have been awarded a multi-year global contract with Airbus, expanding the Company’s existing contract scope across all fastener business units and further strengthening TriMas Aerospace’s position across the global Airbus supply chain.

“We are honored to be a supplier of high-performance fastening solutions to Airbus,” said Vitaliy Rusakov, Group President of TriMas Aerospace. “This contract reaffirms our commitment to delivering best-in-class engineered products and advancing manufacturing technologies to meet the evolving needs of the aerospace industry.”

This extended agreement broadens TriMas Aerospace’s reach across multiple Airbus civil and military fixed and rotary wing platforms including but not limited to the A320, A350 and A220. The contract incorporates next-generation fastening solutions and newly qualified products designed to optimize robotic assembly processes for aerostructures and major aircraft components, reinforcing TriMas Aerospace’s commitment to innovative solutions for the aerospace industry. In addition, TriMas Aerospace continues to invest in state-of-the-art manufacturing equipment and advanced processes to accelerate performance, enhance capabilities and drive efficiencies in aerospace fastening technology.

TriMas Aerospace will be manufacturing the contracted fasteners in its Commerce and City of Industry, California, facilities, as well as its Ottawa, Kansas, manufacturing site.

About TriMas Aerospace

TriMas Aerospace specializes in the design and manufacture of highly-engineered fasteners and precision-machined components, serving commercial aircraft manufacturers and the U.S. military. Through its portfolio of trusted brands, Monogram Aerospace Fasteners™, Allfast Fastening Systems®, Mac Fasteners™, Martinic Engineering™, RSA Engineered Products™, Weldmac Manufacturing Company, TFI Aerospace and GMT Aerospace, TriMas Aerospace delivers innovative solutions that meet the most stringent industry standards. The Company’s advanced fastener offering includes blind bolts, solid and blind rivets, temporary fasteners, collars and standard fasteners, designed for composite and metallic aircraft structures. TriMas Aerospace also provides cutting-edge air ducting products and precision-machined components, engineered to deliver exceptional quality, reliability and performance across a wide range of aerospace applications.

About TriMas

TriMas manufactures a diverse set of products primarily for the consumer products, aerospace and industrial markets through its TriMas Packaging, TriMas Aerospace and Specialty Products groups. Our approximately 3,400 dedicated employees in 13 countries provide customers with a wide range of innovative and quality product solutions through our market-leading businesses. Our TriMas family of businesses has strong brand names in the markets served, and operates under a common set of values and strategic priorities under the TriMas Business Model. TriMas is publicly traded on the NASDAQ under the ticker symbol “TRS,” and is headquartered in Bloomfield Hills, Michigan. For more information, please visit www.trimas.com.

Notice Regarding Forward-Looking Statements

Any "forward-looking" statements, within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, contained herein, including those relating to TriMas’ business, financial condition or future results, involve risks and uncertainties with respect to, including, but not limited to: general economic and currency conditions; competitive factors; market demand; our ability to realize our business strategies; our ability to identify attractive acquisition candidates, successfully integrate acquired operations or realize the intended benefits of such acquisitions; pressures on our supply chain, including availability of raw materials and inflationary pressures on raw material and energy costs, and customers; the performance of our subcontractors and suppliers; risks and uncertainties associated with intangible assets, including goodwill or other intangible asset impairment charges; risks associated with a concentrated customer base; information technology and other cyber-related risks; risks related to our international operations, including, but not limited to, risks relating to tensions between the United States and China; government and regulatory actions, including, without limitation, climate change legislation and other environmental regulations, as well as the impact of tariffs, quotas and surcharges; changes to fiscal and tax policies; intellectual property factors; uncertainties associated with our ability to meet customers’ and suppliers’ sustainability and environmental, social and governance (“ESG”) goals and achieve our sustainability and ESG goals in alignment with our own announced targets; litigation; contingent liabilities relating to acquisition activities; interest rate volatility; our leverage; liabilities imposed by our debt instruments; labor disputes and shortages; the disruption of operations from catastrophic or extraordinary events, including, but not limited to, natural disasters, geopolitical conflicts and public health crises, the amount and timing of future dividends and/or share repurchases, which remain subject to Board approval and depend on market and other conditions; our future prospects; our ability to successfully complete the sale of our Arrow Engine business; and other risks that are detailed in the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2023. The risks described are not the only risks facing our Company. Additional risks and uncertainties not currently known to us or that we currently deemed to be immaterial also may materially adversely affect our business, financial position and results of operations or cash flows. These risks and uncertainties may cause actual results to differ materially from those indicated by the forward-looking statements. All forward-looking statements made herein are based on information currently available, and the Company assumes no obligation to update any forward-looking statements, except as required by law.

Sherry Lauderback

VP, Investor Relations & Communications

(248) 631-5506

sherry.lauderback@trimas.com

Source: TriMas

FAQ

What is the scope of TriMas Aerospace's (TRS) new contract with Airbus?

The multi-year global contract expands across all fastener business units, covering multiple Airbus civil and military platforms including the A320, A350, and A220.

Where will TRS manufacture the Airbus contract components?

Manufacturing will take place in TriMas' facilities in Commerce and City of Industry, California, and Ottawa, Kansas.

What new technologies are included in the TRS-Airbus contract?

The contract includes next-generation fastening solutions and newly qualified products designed to optimize robotic assembly processes for aerostructures and major aircraft components.

Which TriMas Aerospace brands are involved in the Airbus contract?

The contract involves Monogram Aerospace Fasteners, Allfast Fastening Systems, and Mac Fasteners brands.

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