TAT Technologies, a prominent supplier of products and services for the commercial and military aviation industries as well as the ground defence sector, has announced the signing of a five-year agreement with a prominent North American cargo carrier.
Under the terms of the agreement, TAT will provide repair and overhaul services under a maintenance, repair and overhaul (MRO) contract for auxiliary power units (APUs) on the carrier's Boeing 757 and 767 aircraft. The total contract value over the five-year period is estimated at approximately US$17 million.
Igal Zamir, President and Chief Executive Officer of TAT, stated: “This new contract marks another milestone for TAT's leadership in the APU cargo carrier market, representing a significant addition to the MRO agreements that are already in place with all of the major cargo carriers in North America. The customer will benefit from our best-in-class APU repair capabilities, our unique cost structure, and our unwavering level of customer service.”
