Fusion Research
Research analyst, oil & gas, tech, mid-cap

Triumph Group: The Growth Story Continues

Commercial aircraft manufacturers' revenue is expected to reach high levels in 2013 due to an upsurge in the production rate, and because of the introduction of next-generation aircraft. The seven-year moving average of production is expected to go beyond 1,000 aircraft this year.

A company like Triumph Group (TGI) that supplies aerospace structures and components to its aircraft manufacturing customers like Boeing (BA), Airbus, and Bombardier will benefit from this rise.

(click to enlarge)

Source: 2013 Global aerospace and defense industry outlook

As shown in the figures above, there is a decrease in the number of orders the manufacturers will receive this year. However, backlogs are expected to grow continuously that will result in...

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