TAT Technologies Reports Cumulative Defense Sector Contracts of TAT Israel with Expected Revenues of Approximately $22 million Year to Date
TAT Technologies (NASDAQ:TATT) has announced a new $10 million contract with a leading Israeli defense integrator for OEM components supply. The company's total defense sector contracts through TAT Israel have reached $22 million in expected revenues year-to-date.
The contracts encompass both OEM and MRO services, reinforcing TAT's position as a key supplier to the Israeli Air Force and defense integrators. CEO Igal Zamir highlighted the company's strategic importance in light of increased Israeli defense spending and growing demand for aerial platform components and maintenance services.
TAT Technologies (NASDAQ:TATT) ha annunciato un nuovo contratto da 10 milioni di dollari con un importante integratore della difesa israeliano per la fornitura di componenti OEM. I contratti totali del settore difesa tramite TAT Israel hanno raggiunto 22 milioni di dollari di ricavi previsti da inizio anno.
I contratti comprendono sia servizi OEM che MRO, rafforzando la posizione di TAT come fornitore chiave per l'Aeronautica Militare israeliana e gli integratori della difesa. L'amministratore delegato Igal Zamir ha sottolineato l'importanza strategica dell'azienda alla luce dell'aumento della spesa per la difesa israeliana e della crescente domanda di componenti e servizi di manutenzione per piattaforme aeree.
TAT Technologies (NASDAQ:TATT) ha anunciado un nuevo contrato de 10 millones de dólares con un destacado integrador de defensa israelí para el suministro de componentes OEM. Los contratos totales del sector defensa a través de TAT Israel han alcanzado 22 millones de dólares en ingresos previstos en lo que va del año.
Los contratos incluyen servicios tanto OEM como MRO, consolidando la posición de TAT como proveedor clave para la Fuerza Aérea Israelí y los integradores de defensa. El CEO Igal Zamir destacó la importancia estratégica de la empresa ante el aumento del gasto en defensa en Israel y la creciente demanda de componentes y servicios de mantenimiento para plataformas aéreas.
TAT Technologies (NASDAQ:TATT)가 이스라엘 주요 방위 통합업체와 1,000만 달러 규모의 OEM 부품 공급 계약을 체결했다고 발표했습니다. TAT 이스라엘을 통한 국방 부문 총 계약액은 올해 누적 예상 수익이 2,200만 달러에 달합니다.
이번 계약은 OEM 및 MRO 서비스 모두를 포함하며, 이스라엘 공군과 방위 통합업체에 대한 TAT의 핵심 공급업체로서의 입지를 강화합니다. CEO 이갈 자미르는 이스라엘 국방비 증가와 항공 플랫폼 부품 및 유지보수 서비스 수요 증가에 따른 회사의 전략적 중요성을 강조했습니다.
TAT Technologies (NASDAQ:TATT) a annoncé un nouveau contrat de 10 millions de dollars avec un intégrateur de défense israélien de premier plan pour la fourniture de composants OEM. Les contrats totaux du secteur défense via TAT Israel ont atteint 22 millions de dollars de revenus prévus depuis le début de l'année.
Ces contrats couvrent à la fois les services OEM et MRO, renforçant la position de TAT en tant que fournisseur clé de l'Armée de l'air israélienne et des intégrateurs de défense. Le PDG Igal Zamir a souligné l'importance stratégique de l'entreprise face à l'augmentation des dépenses de défense israéliennes et à la demande croissante de composants et de services de maintenance pour les plateformes aériennes.
TAT Technologies (NASDAQ:TATT) hat einen neuen 10-Millionen-Dollar-Vertrag mit einem führenden israelischen Verteidigungsintegrator für die Lieferung von OEM-Komponenten bekanntgegeben. Die Gesamtverträge des Unternehmens im Verteidigungssektor über TAT Israel belaufen sich bisher auf 22 Millionen Dollar an erwarteten Einnahmen im laufenden Jahr.
Die Verträge umfassen sowohl OEM- als auch MRO-Dienstleistungen und stärken TATs Position als wichtiger Lieferant der israelischen Luftwaffe und Verteidigungsintegratoren. CEO Igal Zamir betonte die strategische Bedeutung des Unternehmens angesichts der gestiegenen Verteidigungsausgaben Israels und der wachsenden Nachfrage nach Komponenten und Wartungsdiensten für Luftfahrzeuge.
- New $10 million contract secured with leading Israeli defense integrator
- Total defense sector contracts reached $22 million year-to-date
- Strategic positioning to benefit from increased Israeli defense budget
- Expanded service offering including both OEM and MRO services
- None.
This latest agreement brings the cumulative expected revenues from contracts secured with defense sector customers of TAT Israel to
"The contracts supporting the Israeli Air Force and global defense leaders underscore TAT's strategic role as a supplier of components and a provider of critical maintenance services across multiple aerial platforms," commented Igal Zamir, President and Chief Executive Officer of TAT. "In light of recent geopolitical developments and the resulting increase in
About TAT Technologies LTD
TAT Technologies Ltd. (Nasdaq: TATT) (TASE: TATT) is a leading provider of services and products to the commercial and military aerospace and ground defense industries, providing OEM heat transfer solutions and aviation accessories, MRO services for aviation components, including heat transfer solutions, overhaul and coating of jet engine components, including turbine vanes and blades, fan blades, variable inlet guide vanes and afterburner flaps and MRO services on APU's, landing gears and other aircraft components for airlines, air cargo carriers, maintenance service centers and the military. For more information, please visit www.tat-technologies.com.
Legal Notice Regarding Forward-Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements generally relate to future events or our future financial or operating performance. Forward-looking statements in this press release include, but are not limited to, statements related to our expectations regarding the issuance and sale of the shares, the closing date of the transaction, and the Company's intended use of the proceeds from the sale of the Shares. Our expectations and beliefs regarding these matters may not materialize, and actual results or events in the future are subject to risks and uncertainties that could cause actual results or events to differ materially from those projected, including, without limitation, as a result of the war and hostilities between Israel and Hamas, Hezbollah and Iran. The forward-looking statements contained in this press release are subject to other risks and uncertainties, including those more fully described in our filings with the Securities and Exchange Commission, including our Annual Report on Form 20-F filed with the Securities and Exchange Commission on March 6, 2024. The forward-looking statements in this press release are based on information available to the Company as of the date hereof, and the Company disclaims any obligation to update any forward-looking statements, except as required by law.
Contact:
Eran Yunger
Director of IR
Tel: +1-980-451-1115
erany@tat-technologies.com
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SOURCE TAT Technologies Ltd
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