TAT Technologies Ltd. (NASDAQ: TATT; TASE: TAT Tech), a supplier of products and services for commercial, military aviation, and ground defense sectors, signed a $36 million contract on March 11, 2026, with a leading global cargo carrier for auxiliary power unit (APU) maintenance, repair, and overhaul (MRO) services across two platforms.
The agreement comprises two parts. The first is a two-year extension of TAT’s existing contract for GTCP331-200/250 APU MRO services, valued at approximately $22 million. The second is a new contract for GTCP331-500 APU MRO services, with an initial four-year term and a two-year extension option, valued at about $14 million.
TAT’s Limco subsidiary operates an FAA-certified repair station that handles heat transfer MRO for airlines, cargo carriers, maintenance centers, and military clients. The GTCP331 series APUs, produced by Honeywell, provide onboard power for aircraft systems independent of main engines.
Igal Zamir, TAT’s CEO, stated, “This comprehensive agreement represents a significant milestone for our APU business, reflecting our leadership position in this market. Securing both an extension of our long-standing 331-200/250 relationship and a new multi-year award on the 331-500 platform demonstrates the breadth of our APU MRO capabilities and the trust our customers place in TAT’s technical expertise and service quality.”
The deal extends TAT’s partnership with one of the world’s largest cargo carriers, supporting fleet reliability for both APU platforms.