Triumph Group, Inc. (NYSE: TGI) subsidiary Triumph Actuation Systems-UK & IOM has entered into a long term agreement with Airbus S.A.S. to continue manufacturing its landing gear actuation systems including actuators, valves and uplocks for the A320ceo and A320neo programs, the company said.
Production of the actuation systems will be performed at Triumph´s facility in Deeside, Flintshire, with the aftermarket support being provided from the Staverton, Gloucestershire facility. The contract is worth approximately USD500 million over the life of the contract.
Triumph Group, Inc., headquartered in Berwyn, Pennsylvania, designs, engineers, manufactures, repairs and overhauls a broad portfolio of aerostructures, aircraft components, accessories, subassemblies and systems. The company serves a broad, worldwide 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.