Triumph Receives Second Order For Enhanced Digital Electronic Control Units From DLA

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Nov 21, 2019, 17:39 ET

BERWYN, Pa., Nov. 21, 2019 /PRNewswire/ -- Triumph Group, Inc. (NYSE: TGI) recently announced that it received its second delivery order from the Defense Logistics Agency for enhanced digital electronic control units (EDECUs) for use in the U.S. Army's UH-60 Black Hawk and AH-64 Apache fleet. The order is part of a five-year contract to complete the upgrade of the digital electronic control units on the highly utilized fleets.

The order, valued at $12.4 million, for additional T700 EDECUs was received in September 2019 and delivery began the following month. Future delivery orders for more than 2,000 EDECUs, needed to satisfy the upgrade requirement for the Black Hawk and Apache fleet, will be fulfilled through 2022.

Triumph Integrated Systems Electronics & Control operating company in West Hartford, Connecticut will manufacture the units. In addition to the U.S. Army T700 EDECU, the company also provides electronic engine controls for the UH-60 Blackhawk, HH-60 Pave Hawk, MH-60 Jayhawk, SH-60 Seahawk, Apache AH-64 and Chinook CH-47.

Triumph Group, Inc., headquartered in Berwyn, Pennsylvania, designs, engineers, manufactures, repairs and overhauls a broad portfolio of aerospace and defense systems, components and structures. The company serves the global aviation industry, including original equipment manufacturers and the full spectrum of military and commercial aircraft operators.

More information about Triumph can be found on the company's website at http://www.triumphgroup.com.

Statements in this release which are not historical facts are forward-looking statements under the provisions of the Private Securities Litigation Reform Act of 1995, including statements about expected future sales. All forward-looking statements involve risks and uncertainties which could affect the company's actual results and could cause its actual results to differ materially from those expressed in any forward-looking statements made by, or on behalf of, the company. Further information regarding the important factors that could cause actual results to differ from projected results can be found in Triumph Group's reports filed with the SEC, including our Annual Report on Form 10-K for the fiscal year ended March 31, 2019.

SOURCE Triumph Group