BERWYN, Pa.--(BUSINESS WIRE)--Triumph Group, Inc. (NYSE: TGI) was recently awarded a two-year contract with Defense Logistics Agency (DLA) Aviation valued at $22.9 million to provide aftermarket spare rotary actuators for the main landing gear on the C-5 Galaxy aircraft used by the U.S. Air Force. Under the contract, Triumph Geared Solutions – Park City will supply the spare main landing gear rotary actuators to DLA Aviation based out of Robins Air Force base in Georgia for the C-5 Galaxy, which is one of the largest aircraft in the world.
“We are honored to be selected as a sole source supplier for these operation-critical parts on the C-5 Galaxy aircraft, the U.S. Air Force’s largest and only strategic airlifter,” said Tom Holzthum, executive vice president for Triumph Integrated Systems, “and to support the service men and women who depend on the aircraft to transport them anywhere in the world on short notice.”
Triumph Geared Solutions is an operating company of Triumph Integrated Systems. The spare rotary actuators for the main landing gear on the C-5 Galaxy will be manufactured out of the company’s Park City, Utah, facility. Triumph Geared Solutions specializes in the design, development, manufacture and aftermarket support of complete gearbox assemblies, transmissions, gear-driven actuators and precision gears for commercial and military customers.
Triumph Group, Inc., headquartered in Berwyn, Pa., designs, engineers, manufactures, repairs and overhauls a broad portfolio of aircraft structures, components, accessories, and systems. The company serves a broad spectrum of the global aviation industry, including original equipment manufacturers of commercial, regional, business and military aircraft and aircraft components, as well as commercial and regional airlines and air cargo carriers.
More information about Triumph can be found on the company’s website at http://www.triumphgroup.com.
Statements in this release which are not historical facts are forward-looking statements under the provisions of the Private Securities Litigation Reform Act of 1995, including statements of contract value or aggregate revenue. All forward-looking statements involve risks and uncertainties which could affect the company’s actual results and could cause its actual results to differ materially from those expressed in any forward-looking statements made by, or on behalf of, the company. Further information regarding the important factors that could cause actual results to differ from projected results can be found in Triumph Group’s reports filed with the SEC, including our Annual Report on Form 10-K for the fiscal year ended March 31, 2017.