Aer manufacturing net worth12/8/2023 ![]() HONEYWELL SELECTS TRIUMPH TO PROVIDE THE ELECTRONIC CONTROL UNIT FOR NEXT GENERATION AUXILIARY POWER UNIT "This multiple lot contract continues TRIUMPH's dedication to providing our military customers with critical high performing technical solutions and engineered products." TRIUMPH Actuation Products & Services is a leader in design, development, manufacture and support of complex electro-hydraulic and mechanical systems and equipment for the aerospace and defense industry. Products Read More "Delivering critical flight components for the CH-53K is an important strategic step in our longtime partnership with Sikorsky," said Mike Boland, President TRIUMPH Actuation Products & Services. This work will be performed at TRIUMPH's facility in Seattle, Washington. ![]() TRIUMPH will provide the main rotor blade fold actuation and dampening systems for lots 7 and 8, including spares. (TRIUMPH) today announced that its Actuation Products & Services business has been awarded a contract from Sikorsky, a Lockheed Martin Company, for the CH-53K King Stallion™ rotorcraft. TRIUMPH AWARDED PRODUCTION CONTRACT FOR CH-53K® ROTOR SYSTEMS Second Quarter Fiscal 2024 Net sales of $354.1 million Organic sales growth of 16% Operating income of $34.3 million with operating margin of 9.7% adjusted operating income of $37.1 million with adjusted operating margin of 10.5% Net loss of ($1.3) million, or ($0.02) per share adjusted net income of $0.9 million, or $0.01 per diluted share Adjusted EBITDAP of $46.4 million with Adjusted EBITDAP margin of 13.1% Fiscal 2024 Guidance Raising net sales to a range of $1.43 billion to $1.47 billion, reflecting 10 - 13% organic growth, up from prior guidance of approximately $1.39 billion to $1.43 billion Updating operating income to a range of $152.0 million to $167.0 million, reflecting operating margin of 11% Raising adjusted EBITDAP to a range of $216.0 million to $231.0 million, reflecting Adjusted EBITDAP margin of 15 - Read More (NYSE: TGI) ("TRIUMPH" or the "Company") today reported financial results for its second quarter of fiscal 2024, which ended September 30, 2023. TRIUMPH REPORTS SECOND QUARTER FISCAL 2024 RESULTS
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