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Intensive management of our supply chain enabled us to improve supplier on time and full deliveries from 77% to 87%, reducing the impact of these headwinds on Triumph.
improving supply chain
Transcript
2023 Q3
2 Feb 23
The owners is now on the supply chain to ramp aircraft and engine production to satisfy that demand. Increasing demand will enable Triumph to burn down approximately $40 million of past due backlog by the end of fiscal ‘23.
Triumph is producing Boeing 737 components at rates between 30 to 31 per month. Depending on the factory, while Airbus A320, 321 related production levels are 47 to 48 per month. Triumph’s Boeing 737 backlog is up 28% and the A320 backlog is up 12%. Triumph recently received new production forecast from both OEMs, which reaffirm our Q4 deliveries and increase year-over-year deliveries thereafter.
While these forecasts reflected minor adjustments in production profiles, the facts are that rates are headed north, which will benefit all Triumph OEM factories. We're encouraged by these signals and look forward to providing our fiscal ‘24 guidance with our fiscal ‘23 year end results in May.
supply chain ramp/boeing/airbus
Transcript
2023 Q3
2 Feb 23
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