TAT Technologies Gets 5-Year APU MRO Contract

TAT Technologies Ltd. (NASDAQ: TATT), through its subsidiary Piedmont Aviation Component Services, has been awarded a five-year Auxiliary Power Unit (APU) Maintenance Support for a large fleet of Boeing and Airbus aircrafts, estimated at up to USD 40M in revenue, the company said.

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

TAT Technologies is a global OEM and aftermarket solutions company, employing more than 600 employees globally. TAT Technologies supports commercial aviation and government customers through two operating segments: Thermal Management Solutions and Power & Actuation. TAT´s Thermal Management Solutions include OEM and aftermarket of thermal management components and systems. TAT´s Power & Actuation include aftermarket support (MRO) of APU, Landing Gear and Aero-engines components. For more information, visit website: www.tat-technologies.com