TAT Technologies Ltd. (NASDAQ: TATT), a provider of services and products to the commercial and military aerospace and ground defense systems, has announced that its subsidiary, Limco Airepair, Inc. (“Limco”) has signed a two (2) year agreement with Korean Air to provide maintenance, repair and overhaul (MRO) for heat exchangers places in Korean Air´s aircrafts, valued at up to USD 2M in total revenue, the company said.
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.
TAT Technologies controlling shareholders is FIMI Private Equity Fund.
For more information, visit website:http://www.tat-technologies.com