TAT Technologies announced the award of several new long-term maintenance, repair and overhaul (MRO) agreements with international commercial and cargo airline customers, representing estimated aggregate revenue of approximately $45 million over contract terms ranging from 5 to 10 years.
New Contracts Awards
The newly awarded agreements include support across auxiliary power unit (APU) platforms under TAT’s OEM authorization as well as MRO for heat exchangers. The company believes these awards will further reinforce its growing position within the global commercial aviation aftermarket and reflect continued demand for its APUs and thermal components.
Minority Interest Sold
The company also announced the sale of its minority interest in an unconsolidated entity. As a result of the transaction, the company expects to recognize an estimated one-time pre-tax gain of approximately $4 million in the second quarter of 2026.
“These new long-term contracts represent another important successful milestone in our global sales efforts. We continue to see strong demand across our MRO operations, supported by healthy booking activity and increasing engagement from both existing and new airline customers worldwide,” said Igal Zamir, TAT’s CEO and president. “These agreements further enhance our revenue visibility and backlog while expanding our presence across key international airline programs. We believe the continued momentum across our business positions TAT to deliver expected revenue growth and EBITDA expansion throughout 2026 and in subsequent years.”