Triumph Secures Contract Extension For 787 Cargo Door Actuation System

Triumph Group Inc TGI facility in Clemmons, North Carolina, Actuation Products & Services, has extended a contract with a major European aerostructures provider to supply a Boeing Co BA 787 Cargo Door Actuation System. Financial terms were not disclosed.
Designed, integrated, qualified, and manufactured by Triumph, the product line complements a portfolio of cargo door and utility actuation systems used on many transport aircraft.
Products include actuators, uplocks, pumps, motors, reservoirs, and control valves for commercial and military aircraft.
Price Action: TGI shares are trading lower by 0.16% at $25.57 on the last check Thursday.