Triumph Group, Inc. (NYSE:TGI) has announced that it will partner with AeroSpace Technologies of Korea Inc. (ASTK), a provider of aircraft fuselage, precision components and skeletal materials, to build fuselages for Embraer´s second-generation E-Jet aircraft program including the E175-E2, E190-E2 and the E195-E2, the company said.
The strategic partnership with ASTK will allow Triumph´s Aerospace Structures business unit to dedicate resources to other production programs and capture new development work while fully meeting the quality and delivery needs of the Embraer customer.
Under the terms of the agreement, ASTK will build and transport fuselage shipsets to Embraer and establish a facility in Brazil to manage stock and repairs locally.
Triumph Group initially received the contract for work from Embraer in June 2013 and has provided the fuselage and other component parts to the Brazilian-based OEM throughout the development phase of the program. The E2 is scheduled to enter into service in 2018. ASTK was selected by Triumph as the prime subcontractor based on their familiarity with and current successes on the E2 platform as well as their excellent performance on other programs.
Triumph Group, Inc., headquartered in Berwyn, Pennsylvania, 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.