TAT Technologies signed five-year contract with US Army

TAT Technologies, a leading provider of services and products to the commercial and military aerospace and ground defense industries, has signed a five-year contract with the U.S Army for the overhaul and upgrade of Anti Icing Engine Valves for Apache and Black Hawk helicopters. The value of the agreement may reach $20M over the five-year period with the actual value contingent, among other things, on the Army’s availability of funds. A first purchase order for the value of $4.3 million has already been placed, with deliveries commencing this year.