Triumph Gear Systems Awarded $20.9 Million to Repair V-22 Osprey Actuators
United States, Aug. 24 -- Triumph Gear Systems Inc., Park City, Utah, is being awarded $20,932,317 for a not-to-exceed delivery order?(N00383-26-F-S803) under a previously awarded basic ordering agreement (N00383-22-G-S801) for the repair of 63 mechanical actuators supporting Navy V-22 Osprey aircraft. The delivery order does not include an option provision. All work is expected to be completed by December 2027 and will be performed in Park City, Utah.Fiscal 2026 working capital funds (Navy) in the amount of $15,699,237 (75%) will be obligated at the time of award and those funds will not expire at the end of the current fiscal year. An additional $5,233,079 remains committed to fund the not-to-exceed delivery order that has a maximum total...
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