Triumph Awarded 6-Year Extension on Chinook Fleet Contract

On May 26, Triumph Group, Inc. (TGI) announced that Triumph Systems and Support received a six-year extension on its contract for an international CH-47 Chinook fleet. As part of the contract, Triumph provides maintenance, repair, and overhaul services for the fleet’s EMC-32T hydromechanical fuel control. Triumph plans to deliver the services out of its West Hartford, CT repair station.

Sonal alerted its subscribers to the event at 7:40 pm. The next trade took place at 7:15 am the next morning for $6.40. Triumph’s stock price rose steadily throughout the day before closing at $8.18 for a gain of 27.8%.

 

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