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Tag Archives: Triumph Group

Arlington Capital Unveils New Aerospace Firm as Acquisition of Triumph Group’s Fabrication Business Closes

Arlington Capital Partners has formed a new company after the Washington, D.C.-based private equity firm completed its purchase of Triumph Group’s (NYSE: TGI) forming and fabrication facilities. Radius Aerospace will run as an independent company and be led by Tony Johnson as CEO, Arlington Capital said Monday. Johnson, who will …

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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 …

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Arlington Capital Partners to Acquire Triumph Group’s Fabrications Business

Washington, D.C.-based private equity firm Arlington Capital Partners has agreed to acquire the fabrications business of Triumph Group (NYSE: TGI) for an undisclosed sum. Triumph Fabrications is composed of four independent firms with operations in San Diego; Phoenix; Shelbyville, Ind.; Hot Springs, Ark.; and Fort Worth, Texas, Triumph Group said Monday. …

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HII Names Triumph Group as Remote Valve Actuation Systems Supplier for Navy Carrier

TYSONS CORNER, VA, November 2, 2018 — Huntington Ingalls Industries (NYSE: HII) has tapped Triumph Group to support efforts to update the U.S. Navy‘s USS George Washington aircraft carrier as part of the former’s previously awarded $2.8B contract with the service branch, ExecutiveBiz reported Thursday. Triumph said Wednesday its integrated …

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Executive Mosaic’s Weekly GovCon Round-up: Recent M&A Activity in the GovCon Market

Weekly Roundup December 11 – December 15 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson For this week’s roundup we’re taking a look at the current landscape of M&A activity in the government contracting market. 2017 is coming to a close and the …

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Triumph Group to Merge Aerospace & Precision Tech Businesses

Berwyn, Pennsylvania-based aircraft component manufacturer Triumph Group (NYSE: TGI) plans to merge its Precision Components and Aerospace Structures businesses into a new business unit slated to launch Jan. 1. Pete Wick, executive vice president of Precision Components, will serve as EVP of the newly combined business unit that will operate …

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Aerospace Industry Vet Gary Tenison to Join Triumph Group as Business Devt VP

Gary Tenison, formerly vice president of marketing and business development at Kaman‘s (NYSE: KAMN) aerospace group, will officially join Triumph Group on Feb. 13 as VP of business development. Triumph said Wednesday that Tenison will bring to the company more than 30 years of aerospace industry experience. “Gary will accelerate the critical work already underway to …

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Raytheon, Lockheed Vet Daniel Crowley to Join Triumph Group as President, CEO

Daniel Crowley, former president of the integrated defense systems business segment at Raytheon (NYSE: RTN), will officially join Triumph Group on Monday as president and CEO of the Pennsylvania-based aircraft technology manufacturing company. He brings 32 years of aerospace and defense market experience to his new role and replaces Richard Ill, who …

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