RADNOR,
Pa., Jan. 24, 2025 /PRNewswire/ -- Triumph
Group, Inc. (TRIUMPH) [NYSE: TGI]
Actuation Products and Services business delivered over
$28M in aftermarket shipments in its
Fiscal Year to date in support of Boeing 787 and Airbus A380
Landing Gear overhaul activity, the highest level achieved to date.
TRIUMPH designed, provides, and
services the entire landing gear hydraulic actuation suite for both
the B787 and A380 aircraft. TRIUMPH's Boeing 787 landing gear system
includes nose wheel steering, extend and retract actuation, truss
bracing, truck positioning, uplocks, door actuation, control valves
and a ground service panel.
As early production units of the Boeing 787 fleet reach 12 years
in service, demand for mandatory heavy landing gear overhaul
requirements is triggered. Over 500 aircraft are expected to be
inducted over the next 5 years for landing gear maintenance. The
expanded use of the A380 platform in support of increasing
commercial air traffic also benefitted TRIUMPH's aftermarket sales, particularly for
wing landing gear and body landing gear actuation
components.
"TRIUMPH has supported the B787
and A380 programs since program launch and is now reaping the
benefit of strong aftermarket demand as these platforms enter their
heavy maintenance cycles. These are significant, higher margin,
aftermarket work packages which are critical to our customers'
needs and support TRIUMPH's growth
plans. Our investments in additional MRO capacity and capabilities
will ensure that TRIUMPH and its
partners support our customers' landing gear maintenance cycle. We
expect continued growth over the coming years on top of rising
Boeing 787 OEM ramp rates," said Natasha
Trudeau, TRIUMPH APS
President.
TRIUMPH, headquartered in
Radnor, Pennsylvania, designs,
engineers, manufactures, repairs, and overhauls a broad portfolio
of aerospace and defense systems and components. 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