Triumph Group, Inc is a supplier of aerospace services, structures, systems and support.
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16 Facts About Triumph Group
2.
Triumph Group serves original equipment manufacturers of regional, commercial, military and business aircraft and components, as well as air cargo carriers and regional and commercial airlines.
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3.
Triumph Group was formerly one of the companies in Alco Standard Corporation, a loose conglomerate of diversified companies that operated across a large number of unrelated fields, including office supplies.
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4.
In 1993, Triumph Group took over Alco Diversified Services in a leveraged buyout.
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5.
Triumph Group conducted aviation repair and overhaul, industrial machining, paper converting and steel converting.
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6.
In 1995, due to Department of Defense cutbacks, Triumph Group sold Otto Konigslow Manufacturing Company to two of its supervisors.
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7.
Triumph Group went public at that time, which provided over $50 million in revenue.
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8.
In 1998, Triumph Group acquired four additional companies, bringing its grand total of subsidiaries to eighteen and its employee count to over two thousand in early 1999.
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9.
In 1999, Triumph Group infused six more companies into its lineup of subsidiaries.
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10.
Triumph Group produced flight control surfaces, control systems, and metal parts while providing MRO for almost every aircraft system except cabins, communications devices, landing gear, engines and the most comprehensive maintenance checks.
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11.
Triumph Aftermarket Services Group added Advanced Materials Technologies and Aerospace Technologies to its portfolio.
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12.
Shortly thereafter, Triumph Group acquired the Parker Hannifin Corporation United Aircraft Products Division and Rolls-Royce Gear Systems.
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13.
Triumph Group then reorganized into two groups, Triumph Aftermarket Services and Triumph Aerospace Systems.
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14.
In June 2010, Triumph Group acquired Vought Aircraft Industries, a leading producer of aerostructures from the Carlyle Group.
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15.
In December 2015, Triumph Group Inc announced that Daniel J Crowley would be named president and chief executive officer effective 4 January 2016.
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16.
Triumph Group Integrated Systems designs, develops and tests electrical components for use in military and commercial aircraft.
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