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UTC sells Goodrich business segment to Triumph

Triumph Group has purchased the former Goodrich Corp. pump and engine control systems business from United Technologies Corp. (UTC).

Triumph Group has purchased the former Goodrich Corp. pump and engine control systems business from United Technologies Corp. (UTC). It expects the acquisition to add approximately $195 million in annual revenue. The West Hartford, Conn.-based Goodrich Pump & Engine Control Systems (GPECS) business will become Triumph Engine Control Systems and will function within Triumph’s Aerospace Systems Group. It is expected to be immediately accretive to earnings. “The ...

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