Triumph Group, WAYNE: Triumph Group, Inc. announced today that its subsidiary, Triumph Structures-Los Angeles, Inc., has been awarded a Full Rate Production contract by BAE Systems, Inc. to supply 495 M777 155mm Lightweight Howitzer Gun Body units. This award has an estimated value of $53 million over the next four years.
The M777 155mm Lightweight Howitzer is a towed artillery weapon, designed to provide fire support for light and medium U.S. Forces. Triumph Structures-Los Angeles has been providing the gun body units to BAE Systems under a Low Rate Initial Production (“LRIP”) contract of 94 guns.
Richard C. Ill, Triumph's President and Chief Executive Officer, said, “We are very pleased that BAE Systems views Triumph as a strategic supplier to this program and awarded us this contract as a result of our strong performance during the LRIP phase of the project. We look forward to supporting this program over the next four years.”
Triumph Group, Inc., headquartered in Wayne, Pennsylvania, designs, engineers, manufactures, repairs and overhauls aircraft components and accessories. The company serves a broad, worldwide spectrum of the aviation industry, including commercial and regional airlines, air cargo carriers, as well as original equipment manufacturers of commercial, regional, business and military aircraft and aircraft components.
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