TRIUMPH GROUP INC NEW
SymbolTGI

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Triumph Group Selected to Develop Key Hardware on New Sikorsky CH-53K Aircraft

2009-10-26 11:14 ET - News Release


WAYNE, Pa. -- (Business Wire)

Triumph Group, Inc. (NYSE: TGI) today announced that its Seattle-based engineering group has been awarded a series of contracts by Sikorsky Aircraft Corp. to develop systems and critical components for the CH-53K helicopter that Sikorsky is developing for the U.S. Marine Corps. The CH-53K is being designed to provide the U.S. Marines with enhanced heavy-lift capability. The scope of the agreements includes the development of the Blade Fold System, the Blade Damper and the Rotor Brake Module. The development contract is expected to be completed in 2012 and will initially involve several Triumph Group companies. Sikorsky Aircraft is a subsidiary of United Technologies Corp. (NYSE: UTX).

Richard C. Ill, Triumph’s Chairman and Chief Executive Officer, said, “We are very pleased that Sikorsky Aircraft chose Triumph to assist in the development of this important aircraft. We believe Triumph’s experience in providing state of the art, innovative and practical systems solutions enabled us to win this important business. We view this award as a significant milestone in our excellent relationship with Sikorsky and look forward to supporting this program and our Marines.”

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