Triumph Awarded Long Term Leap Contract With General Electric; Terms Not Disclosed
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Triumph Group (TGI) has been awarded a long-term contract by General Electric (GE) for the supply of components for the LEAP engine program. The financial terms of the deal have not been disclosed.
May 23, 2023 | 12:29 pm
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POSITIVE IMPACT
General Electric's partnership with Triumph Group for the supply of LEAP engine components could ensure a reliable supply chain and support its engine program.
The long-term contract with Triumph Group will help General Electric secure a reliable supply of components for its LEAP engine program. This partnership could support GE's engine program and contribute to its overall growth.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
Triumph Group's long-term contract with General Electric for LEAP engine components could boost its revenues and strengthen its position in the market.
The long-term contract with GE for the LEAP engine program will provide a stable source of revenue for Triumph Group. This partnership also strengthens Triumph's position in the market as a reliable supplier for major companies like GE.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100