# Bombardier agrees to buy Global 7500 wing program from Triumph Group

Bombardier signed a definitive agreement to acquire Triumph Group Inc.'s Global 7500 wing program for nominal cash consideration, including a lease of Triumph's Red Oak, Texas facility, to secure production ramp-up of its flagship business jet.

- Type: Acquisition
- Announced: 2019-01-24
- Where: Red Oak, Texas, United States
- Status: announced
- Products: aircraft wings, aerostructures
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [Triumph Group](https://endata.com/companies/1817.md) (target)
- [Bombardier](https://endata.com/companies/2513.md) (acquirer)

## Sources

- [avitrader.com](https://avitrader.com/2019/01/24/bombardier-agrees-to-buy-global-7500-aircraft-wing-program-from-triumph-group-inc/), 2019-01-24: "This acquisition is a perfect strategic fit for Bombardier Aerostructures."
- [plant.ca](https://www.plant.ca/plant-industry/bombardier-acquires-global-7500-business-jet-wing-program-from-triumph-group/), 2019-01-24: "The company says the acquisition will strengthen its position as an aerostructures manufacturer and secure the production ramp-up and long-term success of the jet."
- [ainonline.com](https://www.ainonline.com/aviation-news/business-aviation/2019-02-07/bombardier-completes-global-7500-wing-program-purchase), 2019-02-07: "Bombardier completed its acquisition of the Global 7500 wing program from Triumph Group under a deal announced two weeks ago involving a 'nominal cash consideration.'"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.