M&A Deal Summary

Triumph Group Acquires Boeing - Spokane Fabrication Operation

On November 25, 2002, Triumph Group acquired aerospace company Boeing - Spokane Fabrication Operation from Boeing

Acquisition Highlights
  • This is Triumph Group’s 8th transaction in the Aerospace sector.
  • This is Triumph Group’s 8th transaction in the United States.
  • This is Triumph Group’s 2nd transaction in Washington.

M&A Deal Summary
Date 2002-11-25
Target Boeing - Spokane Fabrication Operation
Sector Aerospace
Buyer(s) Triumph Group
Sellers(s) Boeing
Deal Type Divestiture

Target

Boeing - Spokane Fabrication Operation

Spokane, Washington, United States
Spokane Fabrication Operation is dedicated to the production of aircraft parts made of composite and thermoplastic materials. Primary products include floor panels, air control system ducts and non-structural composite flight deck components.

Search 201,157 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Triumph Group

Berwyn, Pennsylvania, United States
Category Company
Founded 1993
Sector Aerospace
Employees4,530
Revenue 1.2B USD (2024)
DESCRIPTION

Triumph Group is an entity which designs, engineers, manufactures, overhauls, and repairs aircraft components, including mechanical controls, avionics, instrumentation, engine accessories, and auxiliary power units. Triumph Group was founded in 1993 and is besed in Berwyn, Pennsylvania.

DEAL STATS #
Overall 8 of 32
Sector (Aerospace) 8 of 30
Type (Divestiture) 3 of 12
State (Washington) 2 of 2
Country (United States) 8 of 29
Year (2002) 5 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2002-08-02 Aerocell Structures

Hot Springs, Arkansas, United States

Aerocell Structures, Inc.specializes in the repair and overhaul of airframe components, bonded components, and structural assemblies for all commercial air fleets.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2003-06-02 Parker Hannifin s United Aircraft Products Division

Forest, Ohio, United States

United Aircraft Products Division business,specializes in the design, development, manufacture, sale and service of heat exchangers for the aerospace industry.

Buy -

Seller(S) 1

SELLER

Boeing

Arlington, Virginia, United States
Category Company
Founded 1916
Sector Aerospace
Employees156,000
Revenue 77.8B USD (2023)
DESCRIPTION
Boeing's corporate headquarters in downtown Chicago, Illinois.
Boeing's corporate headquarters in downtown Chicago, Illinois.

Boeing is a global aerospace company that operates in five principal segments. These segments include Commercial Airplanes; Boeing Defense, Space & Security (BDS) which comprises of Boeing Military Aircraft (BMA), Network & Space Systems (N&SS) and Global Services & Support (GS&S); and Boeing Capital Corporation (BCC). The Company's other business includes the activities of Engineering, Operations & Technology (EO&T) and Shared Services Group (SSG). EO&T provides Boeing with technical and functional capabilities, including information technology, research and development, test and evaluation, technology strategy development, environmental remediation management and intellectual property management. Boeing was founded in 1916 and is based in Arlington, Virginia.

DEAL STATS #
Overall 2 of 5
Sector (Aerospace) 2 of 4
Type (Divestiture) 2 of 5
State (Washington) 1 of 1
Country (United States) 2 of 5
Year (2002) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2001-07-27 SBS International

New York, New York, United States

SBS International is a supplier of crew-scheduling systems to the world's airlines. SBS International has implemented flight-operations systems with numerous airlines and since the mid-1990s, SBS has expanded its product line to include planning services for ground-support personnel as well.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2004-05-04 Frontier Systems

Irvine, California, United States

Frontier Systems Inc. is the developer of the A-160 Hummingbird and Maverick unmanned aerial vehicles (UAV).

Buy -
Mergr

Product

Company

Legal