TAT Technologies Inks Another 5-year Deal with an International Air Carrier for APU MRO Services with Estimated Total Revenues of $10M

 TAT Technologies Ltd. (TASE: TATT) (NASDAQ:TATT), a leading supplier of products and services for the commercial and military aviation industries and the ground defense industries, announces a new contract with an international air carrier.

This contract is a result of a very successful partnership between the companies over the last several years which led the parties to sign a global fleet contract. As part of this contract, TAT will provide MRO services to the airline's GTCP331 model APUs. TAT estimates total revenues from this contract to be $10 million ($2 million per year).

By signing this contract, we further advanced our dominating position as the leading APU 331-200 MRO in the market serving the widely utilized B757/767 fleet by providing APU 331-200 repairs with a reputation for quality and on time delivery to this important market.