TAT Technologies signs a 5-year contract extension with a global air carrier for APU MRO services with an estimated revenues of $50 million
Retrieved on:
Monday, February 6, 2023
This contract extension is a result of a very successful partnership between the companies over the last 5 years.
Key Points:
- This contract extension is a result of a very successful partnership between the companies over the last 5 years.
- As part of this contract, TAT will provide MRO services to the airline's GTCP331 model APUs.
- TAT estimates revenues from this contract to be $50 million ($10 million per year).
- By extending this contract, TAT Piedmont is now clearly the global market leader in MRO for the 331-series APU to the leading air carriers.