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TRU Simulation + Training Inc.

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TRU Simulation + Training Inc. - Aerospace showcase

Year Founded & Workforce

2014

1,000 Employees

Industry

Aerospace

Services

Helicopter SimulatorsFlight Simulator
T

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TRU Simulation + Training Inc. Overview

Company Headquarters: Goose Creek, South Carolina, US

Founded: 2014

Workforce: ~1,000

Company Working:

TRU Simulation + Training Inc. is a manufacturer of flight simulators and training solutions for civil and military markets. The company operates as a subsidiary of Textron Inc., which designs and develops aircraft, helicopters, golf cars, off-road utility vehicles, spare parts, and other products worldwide. Textron operates through five business segments—bell helicopter, Textron aviation, Textron systems, industrial, and finance. Through its industrial business segment, the company offers catalytic reduction systems, plastic bottles and containers, golf cars, off-road utility and light transportation vehicles, recreational and all-terrain vehicles. Through its Textron aviation segment, it offers business jets, turboprop and piston engine aircraft, and military trainer and defense aircraft. The Textron Systems segment covers unmanned systems, marine and land systems, electronic systems, advanced information solutions, geospatial solutions, weapon and sensor systems, piston engines, simulation, training, and other defense and aviation mission support products and services.

Textron has 63 manufacturing facilities located in the US and 52 plants outside the US. It has approximately 35 subsidiaries, which include companies such as Lycoming Engines, AAI Corporation, Aerosonde Ltd, and HR Textron Inc. In the helicopter simulator market, the company faces competition by the regional company CAE Incorporated.

Strategy

TRU Simulation + Training Inc. is primarily focused on its growth while innovating the existing technologies through continuous improvement of its business processes. It invests extensively on the research and development, infrastructure and brand development. Concurrently, it is focusing on the development of new and advanced products in the helicopter simulator market. Moreover, it has been focusing on mergers and acquisitions to increase its geographical presence and share in the market.

Company Snapshot

$15,310M

Revenue

1,000

Employees

2014

Founded

Goose Creek, South Carolina, US

Headquarters

SWOT Analysis

Strengths

  • High research and development capabilities
  • Strong focus on new product development
  • Global presence
  • High R&D capabilities
  • Focus on new product development

Weaknesses

  • High dependency on the US market
  • Large number of backlogs of orders

Opportunities

  • Growth opportunities in the Asia-Pacific region
  • Focus on strategic collaborations & acquisitions
  • Business expansion in Asia-Pacific
  • Strategic collaborations and acquisitions

Threats

  • Increasing raw material prices
  • Slow certification process for simulation training and services

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Product Offering

  • TRU Simulation + Training Inc.
    • Helicopter Simulators
    • Flight Simulator

Financial Performance

Explore key financial metrics, segmented revenue, balance sheet health, and performance trends.

By Business Segment: Global Revenue rose from USD 15,310 Mn in 2015 to USD 18,943 Mn in 2017.
TRU Simulation + Training Inc. — By Business Segment
Series (USD Mn)201520162017
Global Revenue15,31015,69018,943

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