1021162--6/7/2006--TRIUMPH_GROUP_INC

related topics

{acquisition, growth, future}

{cost, regulation, environmental}

{customer, product, revenue}

{condition, economic, financial}

{competitive, industry, competition}

{personnel, key, retain}

{product, market, service}

{cost, operation, labor}

{cost, contract, operation}

{product, liability, claim}

{operation, international, foreign}

Factors that have an adverse impact on the aerospace industry may adversely affect our results of operations. materialize or be sustainable. When these economic and other factors adversely affect the aerospace industry, they tend to reduce the overall customer demand for our products and services, which decreases our operating income. Economic and other factors that might affect the aerospace industry may have an adverse impact on our results of operations. Competitive pressures may adversely affect us. We may need to expend significant capital to keep pace with technological developments in our industry. We may incur significant expenses to comply with new or more stringent governmental regulation. The loss of our key customer could have a material adverse effect on us. We may be unable to successfully achieve tier one supplier status with OEMs, and we may be required to risk our capital to achieve tier one supplier status We may not realize our anticipated return on capital commitments made to expand our capabilities. Our expansion into international markets may increase credit and other risks. We may need additional financing for acquisitions and capital expenditures and additional financing may not be available on terms acceptable to us. Cancellations, reductions or delays in customer orders may adversely affect our results of operations. Our acquisition strategy exposes us to risks, including the risk that we may not be able to successfully integrate acquired businesses. loss of key employees of acquired companies. We may not be able to consummate acquisitions on satisfactory terms or, if any acquisitions are consummated, satisfactorily integrate these acquired businesses. We may not be successful in expanding our casting activities in the aerospace market. Any product liability claims in excess of insurance may adversely affect our financial condition. The lack of available skilled personnel may have an adverse effect on our operations. Any exposure to environmental liabilities may adversely affect us.

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1021162--6/7/2006--TRIUMPH_GROUP_INC_/