Core Insights - TAT Technologies Ltd. has signed a five-year agreement with a major North American cargo carrier to provide repair and overhaul services for auxiliary power units (APUs) on Boeing 757 and 767 aircraft, with a total contract value of approximately $17 million [1][2][3] Company Overview - TAT Technologies Ltd. is a leading supplier of products and services for the commercial and military aviation industries, operating under four segments: OEM of heat transfer solutions, MRO services for heat transfer components, MRO services for aviation components, and overhaul and coating of jet engine components [3][4][5][6][7] MRO Services - The MRO services provided by TAT include repair and maintenance of APUs, landing gears, and other aircraft components, with FAA-certified repair stations operated by its subsidiaries Limco and Piedmont [5][6] - TAT's Limco subsidiary focuses on MRO of heat transfer components, while Piedmont specializes in MRO services for various aviation components [5][6] Market Position - The new contract signifies TAT's leadership in the APU cargo carrier market and enhances its existing MRO agreements with major cargo carriers in North America [2][3]
TAT Technologies Signs a 5-Year, $17 Million MRO Agreement with Major North American Cargo Carrier