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The latest update is out from Tat Techno ( (TATT) ).
TAT Technologies Ltd. has announced a five-year, $17 million MRO agreement with a major North American cargo carrier, under which it will provide repair and overhaul services for auxiliary power units on Boeing 757 and 767 aircraft. This contract solidifies TAT’s leadership in the APU cargo carrier market, expanding its MRO agreements with major cargo carriers in North America, and highlights its best-in-class repair capabilities and customer service.
More about Tat Techno
TAT Technologies Ltd. is a leading provider of services and products to the commercial and military aerospace and ground defense industries. The company operates under four segments: OEM of heat transfer solutions and aviation accessories, MRO services for heat transfer components, MRO services for aviation components, and overhaul and coating of jet engine components. TAT’s subsidiaries, including Limco and Piedmont, operate FAA-certified repair stations that provide services to airlines, air cargo carriers, and the military.
YTD Price Performance: 147.29%
Average Trading Volume: 26,859
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $272.6M
See more insights into TATT stock on TipRanks’ Stock Analysis page.
