Triumph Group Annual Report 2004

FY2004 Annual Report · Triumph Group

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2004
Annual Report

Triumph Group, Inc.
The Company designs, engineers, manufactures, repairs and overhauls
aircraft and gas turbine engine components, subassemblies and
systems. The Company serves a worldwide spectrum of the aviation
industry, including commercial and regional airlines, air cargo
carriers, as well as original equipment manufacturers of commercial,
regional, business and military aircraft and aircraft components
and operators of industrial gas turbine engines. These products and
services are offered through two operating groups: Triumph Aerospace
Systems Group and Triumph Aftermarket Services Group.

Historical Financial Performance Fiscal Year Ended March 31

Major Markets

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Sales
(in millions)

EBITDA
(in millions)

Income from
Continuing
Operations
(in millions)

Earnings
per share –
Diluted
(Income from
Continuing Operations)

$608

$565

$500

$369

$64.85

$76.19

$32.04

$37.58

$37.85

$2.36

$95.01

$104.66

$104.27

$49.12

$3.09

$3.00

$2.58

$19.41

$1.22

Financial Highlights

(Dollars in thousands, except per share data)

Results for Year:

Sales

Income from Continuing Operations

% of Sales

Income Tax Expense
Interest Expense & Other
Operating Income
% of Sales

Depreciation & Amortization
Earnings before Interest, Taxes,
Depreciation & Amortization*
% of Sales

Net Income

% of Sales

Earnings per share – Diluted:
Income from Continuing Operations
(Loss) Income from Discontinued Operations
Net Income

March 04

March 03

March 02

March 01

March 00

$ 608,315

$ 565,381

$ 565,343

$ 500,201

$ 368,614

$ 19,410
3%
4,991
12,212
$ 36,613
6%
28,237

$ 64,850
11%

$ 18,222
3%

$ 37,576
7%
20,682
12,365
$ 70,623
12%
24,387

$ 95,010
17%

$ 36,717
6%

$ 49,117
9%
22,220
12,773
$ 84,110
15%
20,546

$104,656
19%

$ 49,437
9%

$ 37,845
8%
20,788
20,549
$ 79,182
16%
25,090

$104,272
21%

$ 39,214
8%

$ 32,038
9%
16,249
9,215
$ 57,502
16%
18,683

$ 76,185
21%

$ 34,602
9%

1.22
(0.07)
1.14

2.36
(0.05)
2.31

3.09
0.02
3.11

3.00
0.11
3.11

2.58
0.21
2.79

Weighted Shares – Diluted (in thousands)

15,918

15,924

15,918

12,629

12,397

Capital Expenditures

$ 25,446

$ 31,567

$ 29,311

$ 20,604

$ 13,516

Year-End Position:
Working Capital
Current Ratio

Property & Equipment at cost
Property & Equipment, net

Debt
Cash
Net Debt
Stockholders’ Equity
Capital
Net Debt to Capital Ratio

$255,016
3.1

$348,691
$248,626

$225,847
6,766
$219,081
515,116
$734,197
30%

$231,917
3.1

$294,157
$215,832

$199,523
8,583
$190,940
494,985
$685,925
28%

$197,933
2.7

$218,665
$159,845

$158,256
6,830
$151,426
453,501
$604,927
25%

$188,008
2.6

$186,924
$143,433

$176,322
4,614
$171,708
389,891
$561,599
31%

$131,608
2.5

$147,227
$114,070

$138,808
5,989
$132,819
244,370
$377,189
35%

Book Value per Common Share

$ 32.48

$ 31.24

$ 28.67

25.38

$ 20.94

Employees
Sales per Employee

3,883
157

3,770
150

3,554
159

3,492
143

2,584
143

* Management believes that earnings before interest, taxes, depreciation and amortization (“EBITDA”) provides the reader a good measure of cash generated from the operations of the business before any
investment in working capital or fixed assets

On the cover:
The Triumph commitment to performance,
growth, innovation and agility reflects the
core of the long term strategy that has
guided the Company since its formation.

Fellow Shareholders:

Fiscal 2004 was a year that certainly presented its
challenges. While there was a mild recovery in the airline
aftermarket sector, commercial large transport production
remained soft, although stable, with expectations for
recovery deferred until late 2005. Fortunately, our
Company enjoys strong positions on many military
programs, particularly the C-17, V-22 and F/A-18, as
evidenced by the fact that during our fiscal fourth
quarter 2004 the percentage of military sales reached
35% of sales for the first time. For the year, the military
sector represented 33% of our sales versus 43% for
commercial large transport, providing a balanced
foundation within our core aerospace businesses for the
next several years. Unfortunately, the industrial gas
turbine business deteriorated further during the past year,
leading to our announcement in the third quarter that we
were exiting the OEM manufacturing portion of this
market, and negatively impacting the financial results for
the last two quarters and the full fiscal year.

While performance for this past year was not at the level
we expected, the results of our core aerospace business
exceeded most of the companies in our peer group. We
remain very optimistic about the future primarily due to
our position in the aerospace industry, improving trends in
almost all of our diverse markets and, most importantly,
the strength of our management team and the continued
clarity of our vision and strategic course. As part of the
realignment of our companies announced in March 2004,
the Aerospace Systems Group and Aftermarket Services
Group will be led by two Group Presidents, Jeff Frisby and
John Brasch, respectively. In addition, Larry Resnick was
promoted to Senior Vice President – Operations, effective
April 1, 2004 and, along with Jeff and John, will ensure
operational excellence throughout the organization.
Combined with the sound financial stewardship of our
Chief Financial Officer, John Bartholdson, our Company
has a management team that shares my passion for our
Company and firmly believes that our strategic focus,
which has guided our decisions since the beginning of the
Company eleven years ago, will drive our businesses
forward in a coordinated, cohesive manner for the benefit
of our shareholders, employees, customers and suppliers.

Our Vision, Our Strategy
Our vision is shaped by our unwavering commitment to the
strategies established during the formation of our Company
in 1993, which continue to serve us well, namely:

to add products and services;
to expand operating capacity;
to acquire aggressively;
to market our complete capabilities;
to increase our international presence.

Over the past several years, through internal development
and acquisitions, Triumph has built a very dynamic
portfolio of products and services for the aerospace
industry. Our vision is to take these products and services
and offer our global customers an integrated solution of
highly engineered systems and support services covering
the entire lifecycle of an aircraft, generating more than a
billion dollars of revenue in the process. We will continue
our commitment to develop and acquire new, proprietary
products and services that enhance our ability to design,
develop, manufacture, sell and service a broad array of
products for our customers. The acquisitions of Triumph
Thermal Systems (thermal management) and Triumph

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Gear Systems (high lift actuation, complex geared
systems) during the past year significantly expanded our
portfolio of highly engineered proprietary systems.

Our vision includes striving for operational excellence in
all aspects of our business. One key component of this
vision is the establishment of the Triumph Lean University
in Spokane, Washington. This learning center was
launched in September 2003 with the purpose of
teaching the principles of lean systems to key members
of our operating companies. The university is located
within Triumph Composite Systems, which is recognized
as one of the leading lean practitioners in the aerospace
industry. Since its inception, 16 employees representing
14 of our companies have completed the four-week Lean
Internship Rapid Certification program. In addition, the
leader of each of these companies and, in many cases,
the head of operations, supported their interns by
attending the Kaizen event held during the first or last
week of the internship. In total, 41 Triumph employees
have undergone some level of training at the Triumph
Lean University. The Lean Internship Rapid Certification
program will continue throughout fiscal 2005 and beyond
with the goal of striving for continuous improvement in
every aspect of our business through the application of
the principles of lean thinking.

Finally, our vision is guided by our philosophy of
protecting the integrity of our individual companies and
the products and services they provide, while offering
each company the advantages of being part of a larger
entity. This philosophy allows us to maintain the
decisiveness and agility that is essential to succeed in our
industry, while driving our costs lower through group-
wide initiatives.

Growth
Growth is a key aspect of Triumph’s success over the
years. Our growth is generated through internal product
development and capability expansion, as well as through
acquisitions. During the past year our growth came
primarily from acquisitions due to the difficult market
conditions. Despite these conditions, we completed two
important acquisitions during the year. We purchased
Parker Hannifin’s United Aircraft Products, renamed
Triumph Thermal Systems, on May 31, 2003. Triumph
Thermal Systems is a leader in the design and
manufacture of thermal management solutions for the

aerospace industry. Their products include heat exchange
and transfer systems and components for temperature
control in fuel, lubrication, hydraulic, environmental, and
related systems. Their product offerings align extremely
well with our hydraulic systems capabilities.

On January 26, 2004, we completed the acquisition of
Rolls-Royce Gear Systems, renamed Triumph Gear
Systems. Strategically, this purchase is significant
because when combined with ACR Industries, Triumph
is now one of the largest design/build manufacturers of
complex geared systems for the aerospace industry in
the United States. The acquisition moves us beyond
the build-to-print market in which ACR has been so
successful, and into more highly engineered system
solutions for the world’s turbine engine manufacturers.
As part of the acquisition we signed long term supply
agreements with Rolls-Royce plc, thereby establishing an
important relationship with one of the premier aero-engine
companies in the world. We will work throughout the
coming year to fully integrate the operations of ACR and
Triumph Gear Systems so that we present a single face
to our customers.

We are excited about the opportunities that lie ahead for
Triumph, and we are committed to realizing those
opportunities while maintaining the sound financial structure
of the Company. The successes we have enjoyed this past
year are the result of the dedicated performance of Triumph
employees, the continued loyalty of our valued customers,
and the suppliers who delivered on their commitments.
We believe our steady strengths, combined with our
strategic vision, will continue to drive positive financial
performance in the months and years to come.

Richard C. Ill
President and Chief Executive Officer

Triumph Air Repair is the world’s
largest third party repair and overhaul
center for auxiliary power units,
serving nearly all the world’s airliners
as well as the C-17.

Triumph offers customers an unusually broad product range:
hydraulic systems to landing gear, aluminum aircraft skins to
composite floor panels, variable displacement hydraulic
pumps to cabin windows, complex geared drive systems to
nose wheel steering control.

Our services are delivered rapidly – many with industry-
leading turnaround times – and feature innovative pricing
arrangements that are matched to customer needs. They
include “power by the hour” service agreements,
rotables and exchange units, and fixed price service
agreements, as well as time and material contracts.

The expansion of products and services, as well as
increasing our operating capacity and skill base, is a key
part of the Triumph strategy and we pursue it vigorously.
Our performance as a company and our effectiveness
in the marketplace comes in part from the ongoing
expansion of our portfolio of products and services and
the marketing of these products and services as one
company to our customers.

The more we provide, the more valuable we become as
a supplier and the stronger our financial performance
becomes.

Triumph’s commitment.

Performance

Our focus is on action that drives customer

satisfaction and financial performance.

Triumph’s commitment.

Growth

We’re growing steadily in the scope of

capabilities we offer the aerospace industry.

The core strategy of the Triumph Group is to grow
consistently through internal development and acquisition
thus adding new capabilities to Triumph and creating
greater value for our customers.

Triumph had a number of significant wins over the past
year that exemplify that strategy. In the service arena,
we signed with The Boeing Company for the repair and
overhaul of the auxiliary power unit on the C-17 aircraft
valued at $61 million over the five-year term of the
agreement. Additionally, we signed a long-term support
agreement with The Boeing Company for ground support
equipment at their San Antonio, Texas Support Center.

New products under development at Triumph companies
include hold open rods for aircraft engine cowlings, the
A380 cargo door actuation system, and fully automated
aircraft wire rope assembly fabrication. In addition, our
new engineering technical center for the development of
hydraulic systems continues our move into an expanded
role as a supplier of highly engineered system solutions
for aircraft and engine manufacturers.

And, as always, we look to acquisitions to expand our
products and services portfolio. Our two acquisitions this
year put Triumph in the forefront of their respective
industry segments and provide outstanding engineering
capabilities for the design, development and testing of
proprietary products and services.

Broader scope. New technologies. Lean manufacturing.
Simplified customer interface. Strategic acquisitions. Greater
efficiency. They’re all part of a bigger, and better, Triumph.

Triumph provides a broad range of
products and services for the Airbus
A340, including control cables and
overhaul services for critical
components and accessories.

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Triumph’s commitment.

Innovation

We find better, more effective, and more

efficient ways to meet – and exceed – our

customers’ expectations.

Better ideas build customer satisfaction. A case in point is
the innovative cargo door actuation system auxiliary pump
designed by Triumph for the new Airbus A380. The pump is
operated by a hex-drive power tool and serves as a backup
for opening and closing the cargo door if the main hydraulic
system is inoperative.

Finding ways to help airlines reduce operating costs is an
important focus for the engineers at Triumph. One ongoing
program is the development of repair technologies that
allow airlines to salvage parts they would otherwise have to
replace with costly spares. Working closely with our airline
customers, we continue to develop new repairs, under
strict FAA guidelines, thus reducing their dependency on
new component parts and lowering overall operating costs.

At Triumph, we think customer satisfaction is the whole
point of innovation, and the reason why we keep expanding
our range of technical skills to meet customer requirements.
Meeting those requirements means constant technological
innovation in our design and manufacturing capabilities.
Simply put, we do things better today than ever before.

Our expanded capabilities have moved Triumph into the top
tier of suppliers to aircraft manufacturers in both the military
and commercial sectors. We compete, and compete quite
successfully, against much larger companies, some many
times our size. As a result of our diverse product portfolio,
we have moved incrementally but steadily toward being
part of the manufacturer’s design/build team.

As we grow and move our involvement with OEMs
closer to product origination and basic design, we have a
greater opportunity to find innovative ways to improve the
product and lower its cost. That involvement, and the
innovation it engenders, helps foster closer relationships
with our customers.

Triumph utilizes state of the art design
tools including Dassault Systèmes’
CATIA, Unigraphics®, Pro/ENGINEER®,
AutoCAD® and collaborative design
tools such as PTC Windchill®.

Triumph supports our military through
the design and manufacture of
components for aircraft such as the
F-22, F/A-18, C-17 and V-22.

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Our heightened customer responsiveness is the result of
several factors. A customer-centered company culture is
one of them. But our unique structure also plays a key role
in making Triumph an especially agile competitor, able to
respond to customers whose needs may shift abruptly.

The Triumph Group is the total of a multiplicity of smaller
and mid-size companies acting in concert, each enjoying
the benefits of being part of a much larger and well-
capitalized organization. One of those benefits is lower
operating cost through group-wide initiatives and group
purchasing, a factor that helps make even the smallest
Triumph company more competitive.

Our operating philosophy is to protect the integrity of
individual Triumph companies, thus preserving the
advantages of keeping decision-making as close to the
customer as possible. Our managers are unencumbered by
the drag and delay of endless management layers. At the
same time, when supplying larger customers – airframe
and engine manufacturers – coordination is paramount.
Through group marketing initiatives, Triumph companies
speak with a single voice.

Balancing the advantages of small and large organizations
gives Triumph a marketplace agility that few can match.

Triumph’s commitment.
Agility

An entrepreneurial response to our

customers helps set Triumph apart.

Shareholder Information

Executive Officers & Directors

Executive Officers

Richard C. Ill
President and Chief Executive Officer

John R. Bartholdson
Senior Vice President, Chief Financial Officer and Treasurer

Lawrence J. Resnick
Senior Vice President – Operations

Richard M. Eisenstaedt
Vice President, General Counsel and Secretary

Kevin E. Kindig
Vice President and Controller

Directors

William O. Albertini
Executive Vice President, Chief Financial Officer,
Bell Atlantic Global Wireless, Inc. (Retired)

John R. Bartholdson
Senior Vice President, Chief Financial Officer and Treasurer,
Triumph Group, Inc.

Richard C. Gozon
Executive Vice President,
Weyerhaeuser Company (Retired)

Richard C. Ill
President and Chief Executive Officer,
Triumph Group, Inc.

Claude F. Kronk
Vice Chairman and Director,
J&L Specialty Steel, Inc. (Retired)

Joseph M. Silvestri
Vice President
Citicorp Venture Capital, Ltd.

George Simpson
Chief Executive Officer
Marconi, PLC (Retired)

Triumph Group, Inc.
Corporate Headquarters
1550 Liberty Ridge Drive
Suite 100
Wayne, PA 19087
(610) 251-1000
www.triumphgroup.com

Annual Meeting
July 12, 2004, 9:00 a.m.
1550 Liberty Ridge Drive, Suite 100, Wayne, PA 19087

Financial Information
A copy of the Company’s Form 10-K filed with the
Securities and Exchange Commission may be obtained
without charge upon written request. Requests for
Triumph Group, Inc.’s 10-K or other shareholder inquiries
should be directed to:
John R. Bartholdson
Senior Vice President, Chief Financial Officer and Treasurer
Triumph Group, Inc.
1550 Liberty Ridge Drive, Suite 100
Wayne, PA 19087
(610) 251-1000

Fiscal 2004 Stock Prices
Per Common Share
$39.00
High
Low
$22.50
Year-End $33.05

Common Stock
Triumph Group, Inc. Common Stock is listed on the NYSE.
Ticker symbol: TGI

Independent Auditors
Ernst & Young LLP
2001 Market Street
Suite 4000
Philadelphia, PA 19103

Transfer Agent
National City Bank
Corporate Trust Operations
P.O. Box 92301
Cleveland, OH 44193-0900
(888) 843-5542
E-mail: shareholder.inquiries@nationalcity.com

Equal Opportunity at Triumph
Triumph Group, Inc. is committed to providing equal
opportunities in the workplace.

Company Directory

EFS Aerospace, Inc.
Designs, manufactures, and repairs
complex hydraulic and hydromechani-
cal aircraft components and systems
such as accumulators, actuators and
complex valve packages.
Brian Barrett, President
Phone: (661) 295-1015
E-mail: bbarrett@triumphgroup.com
Valencia, California
Phone: (253) 395-2621
Kent, Washington

Frisby Aerospace, LLC
Designs, manufactures, and repairs
complex hydraulic and hydromechani-
cal aircraft components and systems
such as variable displacement pumps
and motors, linear actuators, and
valves.
Richard Reed, President
Phone: (336) 766-9036
E-mail: rreed@triumphgroup.com
Clemmons, North Carolina
Phone: (516) 378-0162
Freeport, New York

HTD Aerospace, Inc.
Designs, manufactures and repairs com-
plex hydraulic, hydromechanical and
mechanical components and systems
such as nose wheel steering motors,
helicopter blade lag dampers, mechani-
cal hold open rods, coupling and latch-
ing devices plus mechanical and
electromechanical actuation products.
Thomas Holzthum, President
Phone: (860) 242-5568
E-mail: tholzthum@triumphgroup.com
Bloomfield, Connecticut
Phone: (860) 739-4926
East Lyme, Connecticut
Phone: (203) 544-8277
Redding, Connecticut

Furst Aircraft, Inc.
Specializes in the repair, overhaul and
exchange of aircraft instruments and
avionics.
Edward J. Furst, General Manager
Phone: (201) 440-0075
E-mail: efurst@triumphgroup.com
Teterboro, New Jersey

JDC Company
Specializes in the repair, overhaul and
exchange of electromechanical and
pneumatic aircraft instruments.
David G. Vorsas, President
Phone: (954) 772-4559
E-mail: dvorsas@triumphgroup.com
Fort Lauderdale, Florida
Phone: (512) 218-1900
Austin, Texas

Triumph Aerospace
Systems Group
Jeffry D. Frisby, Group President
Phone: (336) 766-9036
E-mail: jfrisby@triumphgroup.com

ACR Industries, Inc.
Manufacturers complex geared assem-
blies, gears and other components,
servicing the aerospace industry.
Gregory Blanchard, President
Phone: (586) 781-2800
E-mail: gblanchard@triumphgroup.com
Macomb, Michigan

Chem-Fab Corporation
Performs chem-milling and other metal
finishing processes and produces com-
plex sheet metal parts and assemblies.
M. Anthony Johnson, President
Phone: (501) 321-9325
E-mail: tjohnson@triumphgroup.com
Hot Springs, Arkansas

Constructions Brevetees
d’Alfortville (C.B.A.)
Manufactures mechanical ball bearing
control assemblies for the aerospace,
ground transportation, defense and
marine industries.
Michel Pommey, President
Phone: 011 33 1 4375 2053
E-mail: mpommey@triumphgroup.com
Alfortville, France

DV Industries, Inc.
Provides high-quality finishing servic-
es to the aerospace, military, and
commercial industries.
Peter J. LaBarbera, President
Phone: (323) 563-1338
E-mail: plabarbera@triumphgroup.com
Lynwood, California

Triumph Aftermarket
Services Group
John Brasch, Group President
Phone: (602) 437-1144
E-mail: jbrasch@triumphgroup.com

A. Biederman
Repairs and overhauls aircraft instru-
ments and avionics and serves as an
authorized stocking distributor for a
variety of aircraft components.
Richard R. Rockwood, President
Phone: (818) 246-8431
E-mail: rrockwood@triumphgroup.com
Glendale, California

Aerospace Technologies, Inc.
Manufactures and repairs
metallic/composite bonded compo-
nents and assemblies.
James Cooper, General Manager
Phone: (817) 451-0620
E-mail: jcooper@triumphgroup.com
Fort Worth, Texas

Hydro-Mill Company
Machines, welds and assembles
large complex precision structural
components.
Kevin Dahlin, President
Phone: (818) 341-1314
E-mail: kdahlin@triumphgroup.com
Chatsworth, California

K-T Corporation
Produces aircraft fuselage skins, lead-
ing edges and web assemblies through
the stretch forming of sheet, extrusion,
rolled shape, and light plate metals.
Donald E. Kendall, President
Phone: (317) 398-6684
E-mail: dkendall@triumphgroup.com
Shelbyville, Indiana

L.A. Gauge Company
Manufactures ultra-precision
machined components and assemblies
to the aviation, defense and commer-
cial industries.
Kevin Dahlin, President
Phone: (818) 767-7193
E-mail: kdahlin@triumphgroup.com
Sun Valley, California

Lee Aerospace, Inc.
Manufactures windshields, flight deck
and cabin windows to the general avi-
ation and corporate jet market.
James E. Lee, President
Phone: (800) 379-6840
E-mail: jlee@triumphgroup.com
Wichita, Kansas

Northwest Industries, Inc.
Machines and fabricates refractory,
reactive, heat and corrosion-resistant
precision products.
Frederick W. Kuebrich, President
Phone: (541) 926-5517
E-mail: fkuebrich@triumphgroup.com
Albany, Oregon

Triumph Accessory Services, Inc.
Provides maintenance services for air-
craft heavy accessories and airborne
electrical power generation devices,
including constant speed drives, inte-
grated drive generators, air cycle
machines, and electrical generators.
Robert Bierk, President
Phone: (620) 326-2235
E-mail: rbierk@triumphgroup.com
Wellington, Kansas
Phone: (210) 932-6700
San Antonio, Texas

Triumph Aftermarket Services
Division
Provides distribution, exchange and
lease programs for APUs, APU compo-
nents, and components supported by
Triumph Accessory Services and
Triumph Airborne Structures.
Lee R. Jacobs, General Manager
Phone: (602) 470-7226
E-mail: ljacobs@triumphgroup.com
Phoenix, Arizona

Nu-Tech Industries, Inc.
Manufactures precision machine parts
and mechanical assemblies for the avia-
tion, aerospace, and defense industries.
David Soper, President
Phone: (816) 763-8600
E-mail: dsoper@triumphgroup.com
Grandview, Missouri

Ralee Engineering Co.
Manufactures long structural compo-
nents such as stringer cords, floor
beams and spar parts for the aviation
industry.
Kevin Dahlin, President
Phone: (626) 965-1630
E-mail: kdahlin@triumphgroup.com
City of Industry, California
Walnut, California

Triumph Components –
San Diego, Inc.
Produces close tolerance, complex
sheet metal assemblies made from all
types of aerospace materials using
forming and joining techniques.
Mark Gobin, President
Phone: (619) 440-2504
E-mail: mgobin@triumphgroup.com
San Diego, California

Triumph Composite Systems, Inc.
Manufactures interior non-structural
composites for the aviation industry,
including air control system ducting,
floor panels, aisle stands and
glareshields.
MaryLou B. Thomas, President
Phone: (509) 623-8100
E-mail: mthomas@triumphgroup.com
Spokane, Washington

Triumph Air Repair
Repairs and overhauls auxiliary power
units and related accessories.
Michael Hansen, President
Phone: (602) 437-1144
E-mail: mhanson@triumphgroup.com
Phoenix, Arizona

Triumph Air Repair (Europe)
Limited
Repairs and overhauls auxiliary power
units for commercial transport carriers
and the commuter aviation industry.
Anthony R. Bull, Managing Director
Phone: 011 44 1256 381507
E-mail: tbull@triumphgroup.com
Lasham Alton Hampshire, England

Triumph Airborne Structures, Inc.
Repairs and overhauls thrust
reversers, nacelle components and
other aerostructures.
Richard Clark, President
Phone: (501) 262-1555
E-mail: dclark@triumphgroup.com
Hot Springs, Arkansas

Triumph Controls, Inc.
Designs and manufactures mechanical
and electromechanical control systems.
William Bernardo, President
Phone: (215) 699-4861
E-mail: wbernardo@triumphgroup.com
North Wales, Pennsylvania
Phone: (317) 421-8760
Shelbyville, Indiana

Triumph Gear Systems, Inc.
Specializes in the design, develop-
ment, manufacture, sale and repair of
gearboxes, high-lift flight control actu-
ators and gear-driven actuators and
gears for the aerospace industry.
Steven Rusk, President
Phone: (435) 647-2700
E-mail: srusk@triumphgroup.com
Park City, Utah

Triumph Thermal Systems, Inc.
Designs, manufactures, and repairs
aircraft thermal transfer components
and systems.
Michael Perhay, President
Phone: (419) 273-2511
E-mail: mperhay@triumphgroup.com
Forest, Ohio

Triumph Wichita Support Center
Provides commercial, technical, and
logistics support for the Triumph Group
companies’ Wichita-based customers.
James E. Lee, President
Phone: (316) 636-9200
E-mail: jlee@triumphgroup.com
Wichita, Kansas

Triumph Engineered Solutions, Inc.
Designs, engineers, manufactures,
repairs and overhauls aftermarket
aerospace and industrial gas turbine
engine components for aircraft opera-
tors, maintenance providers, utility
operators, independent power produc-
ers and third-party overhaul facilities.
Produces complex investment castings
of turbine blades, vanes and nozzles
for gas turbine engines for industrial
and aerospace applications.
Richard Wisniewski, President
Phone: (480) 446-0910
E-mail: rwisniewski@triumphgroup.com

Aerospace Repair Division
Phone: (602) 438-8760
Tempe, Arizona

Castings Division
Phone: (480) 449-5750
Chandler, Arizona

IGT Repair Division
Phone: (480) 449-5800
Chandler, Arizona

Phoenix Manufacturing Division
Phone: (480) 446-0910
Tempe, Arizona
Phone: (480) 449-5700
Chandler, Arizona

Wisconsin Manufacturing Division
Phone: (262) 786-3400
Brookfield, Wisconsin

Triumph Group, Inc.

1550 Liberty Ridge Drive, Suite 100, Wayne, PA 19087

(610) 251-1000