TAT Technologies announces signing of contract extension with…

TAT Technologies announces signing of contract extension with…

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The contract includes maintenance, repair and overhaul (MRO) services for thermal components on the Boeing 777.

The additional annual revenue from the contract extension is estimated at $6 millions per year.

NETANYA, Israel, October 18, 2022 /PRNewswire/ — TAT Technologies Ltd. DID dida leading provider of products and services to the commercial, military and ground defense aerospace industries, announces a significant contract extension with Collins Aerospace.

Limco air repair (Limco)a wholly owned subsidiary of TAT located in Tulsa, Oklahomaspecializes in maintenance, repair and overhaul (MRO) for heat transfer components and OEM production of heat transfer solutions, today announces the signing of a significant contract extension with Collins Aerospace to provide MRO services for thermal components on the Boeing 777.

This is an extension of a successful partnership between the companies that has lasted over 20 years, with Limco Airepair providing MRO services to Collins customers North America.

The agreement will expand the scope of services provided to Collins customers worldwide. The contract extension represents potential additional revenue from 6 million dollars per year.

Igal ZamirCEO of the ACT: “Our long-term strategy of partnering with major global aerospace suppliers has paid off once again. We are proud to be among Collins’ preferred suppliers for MRO activities. This new contract will take our relationship to a higher level and fits perfectly with our strategic investment in Limco to build it into the world’s largest independent OEM and MRO service provider for aerospace thermal components. The deal will start generating revenue this year.”

located in Tulsa, Oklahoma, Limco is an FAA-certified repair station that provides MRO services to airlines, air carriers, maintenance service centers and the military, specifically for heat transfer components. In addition to its MRO services, Limco is an OEM of heat…

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