Asked by: Diann Hattebier
Asked in category: business and finance, defense industry
Last Updated: 19th May 2024

Who is buying Triumph Aerospace

(NYSE:TGI), today announced the sale of Triumph Aviation Services, a NAAS Division, Inc. to STS Aviation Group. This transaction became effective on March 6, 2019. In Triumph Group's 2018 fiscal, which ended March 31, 2018, the division had revenues of around $30 million.



People also ask: Who owns Triumph Aerospace?"

The company's division Lee Aerospace was sold to Jim Lee in January 2014. Triumph was the Aerospace owner for 14 years. Triumph Group Inc. announced in December 2015 that Daniel J.

You might also wonder, "Who bought triumph?" Arlington Capital Partners has agreed that it will acquire the Triumph Group's fabrications business. Triumph Fabrications is made up of four companies that produce, coat and assemble complex sheet-metal components for fixed wing platforms and rotorcraft platforms.

Who also bought Triumph Aerostructures

The company's purchase of Vought Aircraft Industries for $1.4 billion in 2010 was the main cause of most of the problems. SEC filings in 2018 revealed that Triumph may be considering bankruptcy.