WAYNE, Penn., 7 Nov. 2006. Triumph Group Inc. has announced the acquisition of Allied Aerospace Industries Inc., a provider of engineering design and manufacturing solutions for complex aerospace and defense programs, from an affiliate of Kohlberg & Company L.L.C. for an undisclosed amount of cash.
The acquired business, which will operate as Triumph Aerospace Systems – Newport News and be part of the Aerospace Systems Group, is projected to add approximately $19 million of revenue for the remaining five months of fiscal year 2007.
Allied Aerospace is headquartered in Newport News, Va., with additional operations in Florida, California, and Alabama. The company offers a range of capabilities, including systems engineering, conceptual engineering, mechanical design and analysis, prototype and limited-rate production, and instrumentation assembly and testing services.
Triumph Group Inc., headquartered in Wayne, Penn., designs, engineers, manufactures, repairs, and overhauls aircraft components and accessories. 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.