TAT Technologies Ltd. (NASDAQ:TATT) (TASE: TATT) ("TAT" or the "Company"), today 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.