TAT Technologies Awarded 5-Year APU MRO Contract
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This news is classified in: Aerospace Aviation Contracts MRO

Sep 24, 2017

TAT Technologies Awarded 5-Year APU MRO Contract

Contract by one of the world's leading carriers Estimated at Up To $40M in Revenue

TAT Technologies Ltd. (NASDAQ: TATT), through its subsidiary Piedmont Aviation Component Services ("Piedmont"), has been awarded a 5 years Auxiliary Power Unit (APU) Maintenance Support for a large fleet of Boeing and Airbus aircrafts, estimated at up to $40M in revenue.

"We are excited to expand our existing Heat Exchanger and Landing Gear support of such a Major Carrier Company fleet into APU MRO", said Mr. Igal Zamir, TAT's President and CEO. "This major agreement is affirmation of TAT's MRO services capabilities and customer services, emphasizing how TAT can apply commercial MRO and supply chain best practices to help its customers increase efficiencies and decrease costs".

Maintenance work will be done at TAT's APU services facility in Greensboro (NC), starting Q4 2017.

Commercial Aircraft Maintenance, Repair & Overhaul (MRO) Market Report 2024-2034

Commercial Aircraft Maintenance, Repair & Overhaul (MRO) Market Report 2024-2034

Forecasts by Aircraft Type (Narrow-Body Aircraft, Wide-Body Aircraft, Regional Aircraft), by Maintenance Type (Scheduled Maintenance, Unscheduled Maintenance, Preventive Maintenance, Predictive Maintenance), by Service Type (Engine Overhaul, Airframe Maintenance, Component Maintenance, Line Maintenance, Modification and Upgradation), by Component Type (Engine Components, Landing Gear Components, Avionics Components, Aircraft Interior Components, APU Components, Other) AND Regional and Leading National Market Analysis PLUS Analysis of Leading Companies AND COVID-19 Impact and Recovery Pattern Analysis

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