Triumph Transferring More G650 Work To Gulfstream

 - August 5, 2020, 11:26 AM

Triumph Group is shifting more G650 and G700 work to Gulfstream as it continues to divest itself of non-core operations. Under a definitive agreement, Triumph is selling program work that includes supply chain management, engineering services, and related tooling, inventory, facilities, personnel, and warranty obligations. This hand-off follows the transfer of Triumph’s G650 wing assembly lines in Nashville, Tennessee, and Tulsa, Oklahoma, to Gulfstream's Savannah, Georgia, facility.

Triumph had taken on the G650 wing program from Spirit AeroSystems in 2015 but subsequently decided to exit non-core-structures manufacturing. Triumph said the lines in Nashville and Tulsa were transferred sequentially to avoid disruption to the G650 lines.

At the same time, Triumph has negotiated price adjustments for critical G600 composite parts work that Triumph Aerospace Structures has retained at its Red Oak, Texas plant. Triumph did not disclose terms of the transaction with Gulfstream but said the agreement should be finalized in the next few weeks.

"Triumph continues to optimize its program and operating company portfolio in partnership with our OEM customers and strategic partners to reach our future state focused on defense programs, critical systems components, and aftermarket services," said Triumph president and CEO Daniel Crowley. "We are proud to have supported Gulfstream on the G650 since 2015 and look forward to supplying critical composite parts more suited to our long-term strategy."