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Benzinga
Benzinga
Business
Akanksha Bakshi

TriMas Aerospace Bags Boeing T-7A Defense Contract

Boeing TriMas British Airways TRS Boeing Co Nasdaq NYSE
  • TriMas Corp (NASDAQ:TRS) has secured multi-year contracts from Boeing Co (NYSE:BA). The financial terms were not disclosed.
  • TriMas Aerospace's RSA Engineered Products (RSA) business was awarded several components used in fluid conveyance applications, more specifically within the air ducting system, by Boeing for its T-7A Red Hawk training jet program.
  • "We are proud to be selected by Boeing to support their important T-7A training jet program," said TriMas CEO Thomas Amato.
  • The Boeing T-7A Red Hawk is an all-new advanced pilot training system for the U.S. Air Force, training future pilots for decades to come.
  • Price Action: TRS shares are trading lower by 1.92% at $29.19 and BA lower by 0.23% at $140.49 on the last check Wednesday.
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