Vought Schedules Fourth Quarter 2003 Earnings Release, Conference Call

DALLAS, MARCH 23, 2004 – Vought Aircraft Industries, Inc. announced today that it will release its fourth quarter 2003 financial results on Tuesday, March 30.

The company will host a conference call on March 30 at 11 a.m. Eastern time (10 a.m. Central time) to discuss the fourth quarter and year-to-date results. To access the conference call, dial 800-299-9630 (United States) or 617-786-2904 (International) with passcode 26377214. Please call 10 minutes prior to the start time.

If you cannot listen to the conference call at its scheduled time, there will be a replay available through April 6, which can be accessed by dialing 888-286-8010 (United States) or 617-801-6888 (International) with passcode 57779739.

About Vought

Vought Aircraft Industries, Inc. (www.voughtaircraft.com) is one of the world's largest independent suppliers of aerostructures. Headquartered in Dallas, the company designs and manufactures major airframe structures such as wings, fuselage subassemblies, empennages, nacelles and other components for prime manufacturers of aircraft. Vought has annual sales of approximately $1.2 billion and more than 6,000 employees in seven U.S. locations.

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Investor Contact:

Wendy Hargus
(972) 946-5030
investor_relations@triumphgroup.com

Media Contact:

Lynne M. Warne
(615) 974-6003
lwarne@triumphgroup.com