Triumph Gear Systems-Toronto
Triumph Group Inc., based in North York, Ontario, specializes in providing a broad portfolio of aviation products and services, including the design, development, manufacturing, repair, and overhaul of critical components for military and commercial applications. The company has recently extended its strategic partnership with BAE Systems and the U.S. Army, supplying essential components for the M777 Lightweight Howitzer platform.
In its third quarter of fiscal 2025, Triumph reported strong financial results, with net sales of $315.6 million and an operating income of $39.3 million, reflecting a year-over-year sales growth of 11%. Additionally, Triumph is set to be acquired by affiliates of Warburg Pincus and Berkshire Partners in a transaction valued at approximately $3 billion, with shareholders receiving $26.00 in cash per share.
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