Triumph Group, Inc. (NYSE:TGI) today announced that its gear systems operations, located in Park City, Utah and Macomb, Michigan, have been awarded a multi-year supply agreement by Bell Helicopter to provide the main transmission assembly for the 429 helicopter. The scope of the agreement includes manufacturing, assembly/integration and testing of the transmission, as well as the design and engineering of the test equipment. The supply agreement is for a period of five years with five one-year contract extension options and has an estimated value in excess of $363 million over the next ten years.

Richard C. Ill, Triumph's Chairman and Chief Executive Officer, said, "We are extremely pleased that Bell Helicopter chose Triumph to be a strategic supplier to this program. We believe Triumph's experience in providing cost effective solutions, our capacity to integrate complex bills of material and our commitment to meet or exceed stringent quality control requirements enabled us to win this business. We view this award as a significant milestone in our excellent relationship with Bell Helicopter and look forward to supporting this program."