Triumph Group, Inc. TGI today announced the signing of a definitive
agreement to acquire the pump and engine control systems business of Goodrich
Corporation (Goodrich Pump & Engine Control Systems or GPECS) from United
Technologies Corporation. The acquisition is subject to regulatory approvals
and other customary closing conditions and is expected to close in the current
fiscal quarter. The acquired business, which will operate as Triumph Engine
Control Systems, LLC and be included in the Aerospace Systems Group, is
expected to add approximately $195.0 million in annual revenue and to be
immediately accretive to earnings.
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