Triumph Group Refocuses Investment Strategy After Machining, Fabrication Business Divestitures

Arlington Capital Partners and NWI Holdings have respectively finalized their acquisitions of the fabrication and machining businesses from Triumph Group.

Triumph Group said Monday it will refocus investment efforts on intellectual property systems and proprietary technology products designed for aftermarket and original equipment manufacturing clients.

The deals include divestitures of nine factories employing nearly 1,400K workers.

“Triumph is nearing the end of our transformation, having divested 10 of its original 47 operating companies and completed six of eight factory consolidations as well as numerous program restructurings,” said Dan Crowley, president and CEO at Triumph Group.

Crowley added the company is repositioning its portfolio around the  firm’s integrated systems and product support business segments in a push to address financial objectives.

Check Also

fuel supply

DLA Selects 10 Awardees for Fuel Supply IDIQs 

Ten companies have each received indefinite-delivery/indefinite-quantity contracts to provide various fuel types to support designated Defense Logistics Agency missions.

BAE Systems

BAE Closes Purchase of Collins Aerospace’s Military GPS Business

BAE Systems has finalized its acquisition of the military GPS business of Raytheon Technologies’ (NYSE: RTX) Collins Aerospace subsidiary. BAE agreed to buy the military GPS business for $1.925B in cash in January and expects the transaction to expand its existing portfolio of electronics systems, the company said Friday.