Free Newsletter
Register for our Free Newsletters
Newsletter
Zones
Airport, Border and Port Safety and Security
Left Nav Sep
Bioterrorism
Left Nav Sep
Civil Aircraft
Left Nav Sep
Civil Airlines, Airports and Services
Left Nav Sep
Communications and Navigation
Left Nav Sep
Education, Training and Professional Services
Left Nav Sep
Manufacturing and Materials
Left Nav Sep
Military and Defence Facilities
Left Nav Sep
Military Aviation
Left Nav Sep
Military Vehicles
Left Nav Sep
Naval Systems
Left Nav Sep
Personal Equipment
Left Nav Sep
Software and IT Services
Left Nav Sep
Space and Satellite
Left Nav Sep
Weapons, Ammunition and Explosives
Left Nav Sep
View All
Other Carouselweb publications
Carousel Web
Defense File Logo
New Material Logo
Pro Health Service Zone
Pro Manufacturing Zone
Prosecurity Zone
Web Lec Logo
Pro Engineering Zone
 
 
 
News

Helicopter Component Manufacturer Acquisition


Strict Standards: Only variables should be passed by reference in /home/defensef/public_html/components/com_zone/handleHTML.php on line 623
Triumph Group
: 03 March, 2010  (Company News)
Triumph Group has agreed on the acquisition of Fabritech, bringing component manufacturing and repair capabilities for military rotary wing aircraft into the Group
Triumph Group has announced the acquisition of Fabritech, a component manufacturer and repair station for critical military rotary-wing platforms. The acquired business, which will operate as Triumph Fabrications-St. Louis and be part of Triumph Aftermarket Services Group, is expected to add approximately $25 million of revenue for fiscal year 2011 and will be immediately accretive to earnings.

Based in East Alton, Illinois, with a location in Orangeburg, South Carolina, Fabritech employs approximately 55 people. The company provides high-end maintenance and manufactured solutions focused on aviation drive train, mechanical, hydraulic and electrical hardware items including gearboxes, cargo hooks and vibration absorbers. Fabritech also produces fabricated textile items such as seat cushions and sound insulation blankets for military rotary-wing platforms.

Richard Ill, Triumph’s Chairman and Chief Executive Officer, said, “We are pleased to have acquired Fabritech and view this as an opportunity to leverage their market position with the military across our entire organization. The rotary-wing components that Fabritech manufactures or repairs are excellent additions to the Aftermarket Services Group’s core competencies and expands the value added products and services that we provide to our customers.”

Triumph Group, headquartered in Wayne, Pennsylvania, designs, engineers, manufactures, repairs and overhauls aircraft components and accessories. 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.
Bookmark and Share
 
Home I Editor's Blog I News by Zone I News by Date I News by Category I Special Reports I Directory I Events I Advertise I Submit Your News I About Us I Guides
 
   Â© 2012 DefenseFile.com
Netgains Logo