Arlington Capital Partners, a private equity firm, agreed to acquire thermoplastic engineering operations of Triumph Group, a supplier of aerospace services, structures, systems and support, for $50m. "With the sale of Triumph's Red Oak and composites operations, Triumph continues to execute on its strategic path to value initiative to exit large structures manufacturing and reduce our leverage. This transaction will further reduce debt and enhance liquidity while moving the company towards its future state as a leading provider of systems and aftermarket services," Daniel Crowley, Triumph's Chairman and Chief Executive Officer.