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Stock impact report

TAT Technologies Secures $17 Million MRO Deal With Major Cargo Carrier: Details [Yahoo! Finance]

TAT Technologies Ltd. - Ordinary Shares (TATT) 
US:NASDAQ Investor Relations: tat-technologies.com/contact-us.html
Company Research Source: Yahoo! Finance
The total contract value throughout the agreement is estimated at approximately $17 million. Under this deal, TAT will provide services for the auxiliary power units (APUs) of the carrier's Boeing Company 757 and 767 aircraft. Igal Zamir, President and CEO of TAT, emphasized the significance of this contract, noting it strengthens TAT's position as a leader in the APU cargo carrier market. In a press release, Zamir also highlighted the company's best-in-class repair capabilities, competitive cost structure, and high level of customer service. This agreement adds to the existing MRO contracts TAT holds with major cargo carriers in North America, further solidifying its market presence. Also Read: DJT Stock In Focus As Trump Set To Ring NYSE Bell Today: Here's Why President-Elect Once Threatened To Shift Trump Media From Nasdaq In its recently reported third-quarter earnings for 2024, TAT Technologies reported a 35.2% increase in revenue, reaching $40.5 million compared to $ Show less Read more
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