Investment firms Warburg Pincus and Berkshire Partners have agreed to buy aircraft parts maker Triumph Group in a take-private deal valued at about $3 billion, the company said on Monday. An ongoing c

Shares in aviation firm Triumph Group (TGI) soared over 30% in pre-market trading after it agreed a $3 billion takeover deal from private

Private equity firms Warburg Pincus and Berkshire Partners agreed to pay $3 billion to acquire Triumph Group), a Pennsylvania maker of aftermarket parts for aerospace and defense systems. Why it matters: This suggests that private equity isn't worried about DOGE turning its attention to Pentagon spending,

The $3 billion sale to private equity firms Berkshire Partners and Warburg Pincus will take the publicly traded Radnor company private.