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Triumph Group Selling Aerostructures Unit To French Company

By Cal Biesecker

Wednesday, February 2nd, 2022

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Triumph Group Selling Aerostructures Unit To French Company

Aerial view of Stuart Aerostructures. Photo: Daher Aerospace

Triumph Group [TGI] on Wednesday said it has agreed to sell its Stuart Aerostructures business to France’s Daher Aerospace, part of its strategy to focus on systems and aftermarket services. Terms of the deal, which is expected to close in the first half of 2022, were not disclosed. Florida-based Stuart Aerostructures has about 400 employees and assembles large, complex metallic structures such as wing and fuselage assemblies for including Boeing’s [BA] 767, which is the airframe for the U.S. Air…

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