RADNOR, PA — Triumph Group, Inc. (NYSE: TGI) announced an extension of its repair and technical support agreement with Lockheed Martin for the F-35 Joint Strike Fighter fleet. Triumph’s Actuation Products & Services business, based in Clemmons, North Carolina, will continue to provide engineering and material support over the next five years.
Since 2014, Triumph has supplied original equipment and aftermarket Hydraulic Utility Actuation Valves (HUAV) for the F-35 program. In 2021, the company expanded its collaboration with Lockheed Martin to provide aftermarket parts for military depot operations. The new agreement will further support sustainment efforts at Marine Corps Air Station Cherry Point, highlighting Triumph’s technical capabilities in high-demand settings.
“TRIUMPH’s support to the F-35 program, Lockheed Martin, and the warfighters and maintainers who expect and demand fleet readiness is a reflection of our growing military aftermarket presence,” said Natasha Trudeau, President of TRIUMPH Actuation Product & Services. “As a market leader in hydraulic power generation and actuation, our Clemmons team will provide exceptional service to Lockheed Martin and their customers over the next five years. We look forward to supporting Lockheed Martin on this and future readiness opportunities.”
The F-35 Joint Strike Fighter program is a critical component of modern military aviation, designed to provide advanced stealth, speed, and agility. Triumph’s role in the program involves not only supplying parts but also ensuring that these components meet rigorous performance and reliability standards.
By extending their agreement, Triumph and Lockheed Martin aim to enhance the operational readiness of the F-35 fleet, ensuring that the aircraft remain in peak condition for various missions. This collaboration underscores the importance of maintaining robust supply chains and technical support networks for complex defense systems.
Triumph Group’s continued partnership with Lockheed Martin demonstrates the company’s commitment to supporting advanced military programs and contributing to national defense. The extended agreement with Lockheed Martin solidifies Triumph’s position as a key player in the aerospace and defense industry, providing critical components and support for one of the most advanced fighter jets in the world.
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