Aerospace Group:

Business/Financial

Triman Industries Acquires Two Companies To Build Out Military Aftermarket Services

By Cal Biesecker

Wednesday, January 5th, 2022

SHARE:

Triman Industries Acquires Two Companies To Build Out Military Aftermarket Services

Dan Edwards, CEO of Triman Industries. Photo: Triman Industries

Triman Industries on Wednesday said it has acquired Brighton Cromwell and Crestwood Technology Group (CTG), two small companies with complementary capabilities that will bolster Triman’s work serving the aftermarket supply chain for defense products for U.S. and international customers. Terms of the deal were not disclosed. New Jersey-based Triman, a portfolio company of the private equity firm AE Industrial Partners (AEI), now has about 200 employees following the acquisitions. “The combination of these three highly complementary businesses provides us with…

Pentagon

Amid Questions On Weapons Stockpiles, Caine Says U.S. Has ‘Sufficient’ Munitions For Iran Operation

Pentagon leaders on Wednesday sought to quell concerns over the rate at which the U.S. is employing critical munitions in its military strike campaign against Iran, with lawmakers also pressing […]

Congress

SASC Leaders Criticize Trump’s Defense Strategy, Press Colby On Policy Shifts

Senate Armed Services Committee (SASC) leadership on Tuesday criticized the Trump administration’s new National Defense Strategy (NDS) and pressed the Pentagon’s top policy official to explain the document’s priorities. SASC […]

Congress

Wicker Wants Legislation On DoD’s Equity Investments In Minerals Supply Chain

Legislation regarding equity investments by the Defense Department in critical mineral supply chains is needed to strengthen the larger defense industrial base and demonstrate to the “free market” that the […]

Congress

“Not Sure How They Get To Where They Wanna Be,” Calvert Says of $1.5 Trillion Defense Topline Proposal

As the federal government enters a third week of tardiness in a fiscal 2027 budget release, a big question is how the Pentagon will be able to spend $500 billion […]