Log in to use our free company, program and sector update tracker feature.
 

Front page

Triumph Group announces acquisition of Fairchild Controls Corporation

Triumph Group, Inc. today announced the acquisition of Fairchild Controls Corporation, a leading provider of proprietary thermal management systems, auxiliary power generation systems and related aftermarket spares and repairs, from Airbus Defense and Space, Inc. The acquired business, which is based in Frederick, Maryland, will operate as Triumph Thermal Systems -Maryland and be included in the Aerospace Systems Group. The business is expected to add approximately $45.0 million in annual revenue and to be immediately accretive to earnings.

Employing approximately 150 employees, the company's key product offerings include electrically-driven vapor cycle systems and auxiliary power generation technology which delivers supplementary hydraulic power for commercial aircraft and military platforms. The company also provides proprietary aftermarket spares repair and overhaul services to a large, global installed base of over 3,500 systems.

Richard C. Ill, Triumph's President and Chief Executive Officer, said, “We are pleased to have acquired Fairchild Controls, which will augment our current capabilities and allow us to offer both air and liquid cooling systems for thermal management. Through this acquisition, we obtained custom, high reliability control solutions with a recurring proprietary aftermarket and have positioned ourselves as a world-class provider of thermal management and auxiliary power generation systems. We are pleased that the management team, led by Peter Borgel, will remain with Triumph to continue to deliver exceptional value to their customers.”

Triumph Group, Inc., headquartered in Berwyn, Pennsylvania, designs, engineers, manufactures, repairs and overhauls a broad portfolio of aerostructures, aircraft components, accessories, subassemblies and systems. 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.

Airbus Defense and Space, Inc., headquartered in Herndon, VA, offers a broad array of advanced solutions to meet U.S. military and commercial requirements, including fixed-and rotary-wing aircraft, homeland security systems, public safety communications, defense electronics and avionics, and threat detection systems.

Press release issued by Triumph Group, Inc. on October 22, 2015

 

 Contact details from our directory:
Triumph Group, Inc. Aircraft Structural Components, Metal Matrix Composite Structures
Triumph Thermal Systems - Maryland Cooling Systems, Ram Air Drives

 

 Related directory sectors:
Environmental Systems

Enhanced listings:


Ascent Aerospace
Ascent Aerospace is the leading provider of aerospace tooling systems, assembly automation and factory integration.

Capacitec
Capacitec Gapman Gen3 portable “electronic feeler gauge” measures very small gaps (200 microns) in airframe parts assembly

General Plastics Manufacturing Co.
GP has been supplying OEMs, Tier 1 & 2 companies with flame-retardant foam core materials and custom flexible foam molded parts for aircraft flight decks and interior cabins for over 50 years.

Quintus Technologies
Quintus Technologies is a global leading provider of high pressure fluid cell presses and hydroform deep-draw presses for sheet metal forming

MW Industries, Inc
Design and manufacture springs, fasteners and related products for aerospace including: engine components, flight controls, propulsion, landing gear, interiors and avionics.

See our advertising tariff.

 

12
data pages remaining in monthly quota for non-subscribers

© Copyright of Airframer Limited, operated under licence by Stansted News Limited 2017. Terms & Conditions of reading.