|Bid||25.35 x 100|
|Ask||30.00 x 100|
|Day's Range||27.83 - 28.25|
|52 Week Range||19.65 - 34.80|
|PE Ratio (TTM)||-21.49|
|Earnings Date||Nov 1, 2017 - Nov 6, 2017|
|Dividend & Yield||0.16 (0.57%)|
|1y Target Est||29.85|
Triumph Group, Inc. and All Metals Processing of Orange County announced today the sale of Triumph Processing – Embee Division, Inc. to All Metals Processing.
The Boeing Company (BA) selected Triumph Group, Inc. (TGI) to be a major supplier for its training jet, which will benefit Dallas-Fort Worth by bringing hundreds of jobs to the area. Triumph's flagship plant is in Red Oak — about 20 miles south of Dallas via I-35E — and the partnership between the two giants of the aerospace industry will generate 950 direct and indirect jobs, the companies announced Friday morning. “We are excited for the opportunity to support the great men and women who serve and defend our country," said Dan Crowley, Triumph Group president and CEO, in a prepared statement.
Boeing has selected Triumph Group, Inc. as a major supplier for its T-X Air Force training jet. If the Air Force awards the contract to Boeing, Triumph’s Aerospace Structures business unit, located in Red Oak, Texas, will supply the wing, vertical tail and horizontal tail structures, with opportunities for additional work, generating 950 direct and indirect jobs.