TAT Technologies Ltd. (TATT) said it has signed a 5-year contract with an international air carrier for APU or Auxiliary Power Unit MRO or Maintenance, Repair, and Overhaul services, with an estimated total revenue of $10 million.
As part of the contract, TAT will provide MRO services to the airline's GTCP331 model APUs.
In 2020 and 2021, TAT signed multiple strategic contracts with the Fortune 100 multi-national aerospace company Honeywell. Under the contracts, TAT was awarded a 10-year license for repair and overhaul of APUs for Boeing and Airbus's key platforms, including B737, B777, B767/757 and A320 aircraft as well as the C17 which is used for military purposes.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.