TAT Technologies Strengthens MRO Collaboration with Leading Global Carrier

TAT Technologies Ltd. (NASDAQ:TATT), a provider of aerospace MRO services, recently entered into a five-year contract renewal with a major international cargo carrier worth $40 million to $55 million.

TAT Technologies Strengthens MRO Collaboration with Top Global Carrier

A pump assembly line in a factory, illustrating the scale of the companies heat transfer solutions.

The arrangement offers new coverage for Boeing 777 aircraft over seven years and extends auxiliary power unit (APU) maintenance assistance for Boeing 737, 757, 767, and Airbus A300 fleets. The 777 APU contract is set to be finalized by the parties in May or June of 2025. This agreement expands on a previous agreement aimed at the US fleet and now covers global fleetwide APU support. TAT Technologies Ltd. (NASDAQ:TATT)’s subsidiary Piedmont Components Services will provide the services.

This new collaboration shows TAT Technologies Ltd. (NASDAQ:TATT)’s growing strength in the APU MRO market and its long-term customer alignment approach. CEO Igal Zamir highlighted the contract as a testament to the company’s “Customer First” policy and the increasing awareness of the company’s maintenance and repair skills.

TAT Technologies Ltd. (NASDAQ:TATT) is divided into four business segments: Jet engine overhaul (Turbochrome), APU and component MRO (Piedmont), heat component MRO services (Limco), and heat transfer system OEM (Gedera). The majority shareholder in TAT Technologies is FIMI Private Equity Fund. The agreement strengthens Piedmont’s standing as an FAA-certified MRO supplier for international aviation customers.

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