Boeing chooses Triumph for V-22 support contract

Berwyn, Pennsylvania-based Triumph Group, Inc. (NYSE:TGI) has been selected by Boeing to support the V-22 Osprey Multiyear 3 contract, once approved, the company said.

The contract is expected to be negotiated before the end of 2017 between Bell Boeing and the US Navy.

The agreement extends the statement of work Triumph currently has on the V-22 Multiyear 2 contract, and also reinstates work that was previously awarded to Triumph in the first multiyear order, but was not renewed for the second.

Triumph´s Aerospace Structures site in Red Oak, Texas, and its Precision Components site in Milledgeville, Georgia, will extend deliveries of empennage, elevator, ramp extensions, ramp mounted weapons system floor boards, main landing gear doors and sponsons for the V-22 through 2024 in support of the third multiyear order. Triumph will also manufacture cargo ramps and doors included in the renewed statement of work.

Triumph deliveries in support of the Multiyear 3 contract will begin in 2019 and extend through 2024.

Triumph Group designs, engineers, manufactures, repairs, and overhauls a broad portfolio of aircraft structures, components, accessories, subassemblies and systems. The company serves a global spectrum of the 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.