TAT launches 5-year program with Thales

TAT Technologies Ltd. (NASDAQ: TATT), a provider of services and products to the commercial and military aerospace and ground defense industries, was selected by Thales UK Ltd., a division of the Thales Group, to design, develop, supply and maintain a thermal management cooling system for a Thales´s Radar System for an Intelligence Surveillance Reconnaissance (ISR) Helicopter, the company said.

The program is for the delivery of cooling systems in the next five years, with a potential growth for additional systems in the future.

TAT Technologies Ltd. is a provider of services and products to the commercial and military aerospace and ground defense industries. TAT operates under four segments: (i) Original equipment manufacturing (“OEM”) of heat transfer solutions and aviation accessories through its Gedera facility; (ii) MRO services for heat transfer components and OEM of heat transfer solutions through its Limco subsidiary; (iii) MRO services for aviation components through its Piedmont subsidiary; and (iv) Overhaul and coating of jet engine components through its Turbochrome subsidiary.