The U.S. Air Force chose Boeing to make its next T-X trainer jet, which means several hundred new manufacturing jobs are coming to Dallas-Fort Worth thanks to the joint partnership between Boeing Co. (NYSE: BA) and Saab scoring the massive deal valued at $9.2 billion.
That’s because one of the key suppliers for the jet is Triumph Group, Inc. (NYSE: TGI). The aerospace manufacturer operates its flagship plant in Red Oak, Texas, about 20 minutes south of Dallas along I-35E. Triumph was chosen by Boeing last fall to make the wing, vertical tail and horizontal tail structures for the jet.
Those parts will be made in Red Oak and 950 direct and indirect jobs will be added as a result of Boeing winning the award. A direct job is an actual Triumph employee and an indirect job refers to Triumph’s suppliers. When the partnership with Boeing was announced in September, the company declined to say how many jobs specifically would be added to its North Texas plant.
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