Triumph Group announced the acquisition of Fabritech, Inc., a leading component manufacturer and repair station for critical military rotary-wing platforms. The acquired business, which will operate as Triumph Fabrications-St. Louis and be part of Triumph Aftermarket Services Group, is expected to add approximately $25 million of revenue for fiscal year 2011 and will be immediately accretive to earnings.
CFM International and ST Engineering sign CFM-branded business partnership
CFM International and ST Engineering’s Commercial Aerospace business have signed a CFM-branded service agreement (CBSA) for LEAP-1A and LEAP-1B engines. Under the terms of the CBSA, ST Engineering will provide the full scope of LEAP maintenance, repair & overhaul (MRO) services for operators worldwide. ST Engineering is the first provider in Asia to join the