TriMas Aerospace Secures Multi-Year Global Contract With Airbus
25 2월 2025 - 12:00AM
Business Wire
TriMas (NASDAQ: TRS) today announced that TriMas Aerospace’s
Monogram Aerospace Fasteners™, Allfast Fastening Systems® and Mac
Fasteners™ brands have been awarded a multi-year global contract
with Airbus, expanding the Company’s existing contract scope across
all fastener business units and further strengthening TriMas
Aerospace’s position across the global Airbus supply chain.
“We are honored to be a supplier of high-performance fastening
solutions to Airbus,” said Vitaliy Rusakov, Group President of
TriMas Aerospace. “This contract reaffirms our commitment to
delivering best-in-class engineered products and advancing
manufacturing technologies to meet the evolving needs of the
aerospace industry.”
This extended agreement broadens TriMas Aerospace’s reach across
multiple Airbus civil and military fixed and rotary wing platforms
including but not limited to the A320, A350 and A220. The contract
incorporates next-generation fastening solutions and newly
qualified products designed to optimize robotic assembly processes
for aerostructures and major aircraft components, reinforcing
TriMas Aerospace’s commitment to innovative solutions for the
aerospace industry. In addition, TriMas Aerospace continues to
invest in state-of-the-art manufacturing equipment and advanced
processes to accelerate performance, enhance capabilities and drive
efficiencies in aerospace fastening technology.
TriMas Aerospace will be manufacturing the contracted fasteners
in its Commerce and City of Industry, California, facilities, as
well as its Ottawa, Kansas, manufacturing site.
About TriMas Aerospace
TriMas Aerospace specializes in the design and manufacture of
highly-engineered fasteners and precision-machined components,
serving commercial aircraft manufacturers and the U.S. military.
Through its portfolio of trusted brands, Monogram Aerospace
Fasteners™, Allfast Fastening Systems®, Mac Fasteners™, Martinic
Engineering™, RSA Engineered Products™, Weldmac Manufacturing
Company, TFI Aerospace and GMT Aerospace, TriMas Aerospace delivers
innovative solutions that meet the most stringent industry
standards. The Company’s advanced fastener offering includes blind
bolts, solid and blind rivets, temporary fasteners, collars and
standard fasteners, designed for composite and metallic aircraft
structures. TriMas Aerospace also provides cutting-edge air ducting
products and precision-machined components, engineered to deliver
exceptional quality, reliability and performance across a wide
range of aerospace applications.
About TriMas
TriMas manufactures a diverse set of products primarily for the
consumer products, aerospace and industrial markets through its
TriMas Packaging, TriMas Aerospace and Specialty Products groups.
Our approximately 3,400 dedicated employees in 13 countries provide
customers with a wide range of innovative and quality product
solutions through our market-leading businesses. Our TriMas family
of businesses has strong brand names in the markets served, and
operates under a common set of values and strategic priorities
under the TriMas Business Model. TriMas is publicly traded on the
NASDAQ under the ticker symbol “TRS,” and is headquartered in
Bloomfield Hills, Michigan. For more information, please visit
www.trimas.com.
Notice Regarding Forward-Looking
Statements
Any "forward-looking" statements, within the meaning of Section
27A of the Securities Act of 1933 and Section 21E of the Securities
Exchange Act of 1934, contained herein, including those relating to
TriMas’ business, financial condition or future results, involve
risks and uncertainties with respect to, including, but not limited
to: general economic and currency conditions; competitive factors;
market demand; our ability to realize our business strategies; our
ability to identify attractive acquisition candidates, successfully
integrate acquired operations or realize the intended benefits of
such acquisitions; pressures on our supply chain, including
availability of raw materials and inflationary pressures on raw
material and energy costs, and customers; the performance of our
subcontractors and suppliers; risks and uncertainties associated
with intangible assets, including goodwill or other intangible
asset impairment charges; risks associated with a concentrated
customer base; information technology and other cyber-related
risks; risks related to our international operations, including,
but not limited to, risks relating to tensions between the United
States and China; government and regulatory actions, including,
without limitation, climate change legislation and other
environmental regulations, as well as the impact of tariffs, quotas
and surcharges; changes to fiscal and tax policies; intellectual
property factors; uncertainties associated with our ability to meet
customers’ and suppliers’ sustainability and environmental, social
and governance (“ESG”) goals and achieve our sustainability and ESG
goals in alignment with our own announced targets; litigation;
contingent liabilities relating to acquisition activities; interest
rate volatility; our leverage; liabilities imposed by our debt
instruments; labor disputes and shortages; the disruption of
operations from catastrophic or extraordinary events, including,
but not limited to, natural disasters, geopolitical conflicts and
public health crises, the amount and timing of future dividends
and/or share repurchases, which remain subject to Board approval
and depend on market and other conditions; our future prospects;
our ability to successfully complete the sale of our Arrow Engine
business; and other risks that are detailed in the Company's Annual
Report on Form 10-K for the fiscal year ended December 31, 2023.
The risks described are not the only risks facing our Company.
Additional risks and uncertainties not currently known to us or
that we currently deemed to be immaterial also may materially
adversely affect our business, financial position and results of
operations or cash flows. These risks and uncertainties may cause
actual results to differ materially from those indicated by the
forward-looking statements. All forward-looking statements made
herein are based on information currently available, and the
Company assumes no obligation to update any forward-looking
statements, except as required by law.
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version on businesswire.com: https://www.businesswire.com/news/home/20250224650646/en/
Sherry Lauderback VP, Investor Relations & Communications
(248) 631-5506 sherry.lauderback@trimas.com
TriMas (NASDAQ:TRS)
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