TAT Technologies Secures $36 Million APU MRO Contract with A Leading Global Cargo Carrier, Covering Two APU Platforms

TAT Technologies (NASDAQ: TATT) secured a combined approximately $36 million MRO agreement with a leading global cargo carrier on March 11, 2026.

Rhea-AI Summary

TAT Technologies (NASDAQ: TATT) secured a combined approximately $36 million MRO agreement with a leading global cargo carrier on March 11, 2026. The deal includes a two-year extension for the GTCP331-200/250 (~$22M) and a new initial four-year contract for the GTCP331-500 (~$14M) with a two-year option.

This award deepens TAT's APU MRO footprint across two platforms and extends an existing customer relationship, supporting recurring service revenue and multi-year backlog visibility.

Positive

• Contract value of approximately $36 million
• $22M two-year extension for GTCP331-200/250
• $14M new multi-year GTCP331-500 award (4+2 years)
• Expanded platform coverage across two APU models

Negative

• Customer concentration: full $36M tied to one cargo carrier
• Limited term visibility: significant portion is a two-year extension

Argus Mar 12 session

-3.28% close to close Open Argus

Details

News Market Reaction – TATT

On Mar 12, the first trading day after this news, TATT closed 3.28% below the previous close.

Data tracked by StockTitan Argus for the Mar 12 session.

Key Figures

Total APU MRO agreement: $36 million 331-200/250 extension value: $22 million 331-500 contract value: $14 million +3 more

Total APU MRO agreement

$36 million

Combined estimated value of new APU MRO agreement

331-200/250 extension value

$22 million

Estimated value of two-year extension for GTCP331-200/250 APU MRO

331-500 contract value

$14 million

Estimated value of new GTCP331-500 APU MRO contract

331-200/250 extension term

2 years

Duration of the extended GTCP331-200/250 APU MRO contract

331-500 initial term

4 years

Initial term of new GTCP331-500 APU MRO contract

331-500 extension option

2 years

Optional extension period for GTCP331-500 APU MRO contract

Historical Context

2 past events · Latest: Nov 12

2 events

1. Nov 12

   Q3 2025 earnings

   24h Move

   -0.7%

   Reported double-digit revenue growth and stronger profitability for Q3 2025.

2. Nov 06

   Earnings webcast notice

   24h Move

   -7.9%

   Announced timing of Q3 2025 results release and investor webcast.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

mro, auxiliary power unit

2 terms

mro technical

"to provide MRO services for two Auxiliary Power Unit (APU) platforms."

MRO stands for Maintenance, Repair, and Operations, referring to the supplies and services companies provide to keep machinery, buildings, and infrastructure functioning smoothly. These essentials are vital for ongoing business activities, much like routine car maintenance keeps a vehicle running reliably. Investors pay attention to MRO companies because their performance reflects the health of industries that rely heavily on regular upkeep and support services.

auxiliary power unit technical

"to provide MRO services for two Auxiliary Power Unit (APU) platforms."

An auxiliary power unit (APU) is a small onboard engine that provides electricity, air conditioning and starting power when a vehicle or aircraft’s main engines are off. Think of it as a built-in backup generator that keeps systems running on the ground or during downtime. Investors care because APUs affect operating costs, fuel use, maintenance needs and regulatory compliance, all of which influence profitability and asset value.

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Two-year extension of existing 331-200/250 contract and new multi-year award for the 331-500, deepening TAT's relationship with one of the world's largest cargo carriers

CHARLOTTE, N.C., March 11, 2026 /PRNewswire/ -- TAT Technologies Ltd. (NASDAQ: TATT) (TASE: TAT Tech), a leading supplier of products and services for the commercial and military aviation industries and the ground defense industries, today announced that it has signed a contract with a leading global cargo carrier, to provide MRO services for two  Auxiliary Power Unit (APU) platforms. The combined estimated value of the agreement is approximately $36 million.

The first component of the agreement is a two-year extension of TAT's existing contract to provide MRO services for the GTCP331-200/250 APU, which is estimated at a value of approximately $22 million. The second component is a new contract for MRO services for the GTCP331-500 APU, spanning an initial four-year term with an option to extend for an additional two years, which is estimated at a value of approximately $14 million.

Igal Zamir, CEO of TAT, commented, "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. We continue to leverage our strategic capabilities to expand our addressable market and deepen partnerships with leading global operators. We look forward to continuing to support the customers' fleet operations across both platforms."

About TAT Technologies LTD

TAT Technologies Ltd. (NASDAQ: TATT, TASE: TAT Tech) 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 landing gears and other aircraft components. TAT's Limco subsidiary operates an FAA-certified repair station, which provides heat transfer MRO services for airlines, air cargo carriers, maintenance service centers, and the military. For more information, please visit www.tat-technologies.com.

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 value and duration of the contract, our market position, and our ability to execute on the contract. 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. 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. 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

View original content:https://www.prnewswire.com/news-releases/tat-technologies-secures-36-million-apu-mro-contract-with-a-leading-global-cargo-carrier-covering-two-apu-platforms-302711522.html

SOURCE TAT Technologies Ltd.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What exactly did TAT (TATT) announce on March 11, 2026 regarding APU MRO contracts?

TAT announced a combined approximately $36 million APU MRO agreement with a major cargo carrier. According to the company, it includes a two-year GTCP331-200/250 extension (~$22M) and a new four-year GTCP331-500 contract (~$14M) with a two-year option.

How long are the contract terms in TAT's (TATT) $36M APU MRO deal?

The agreement comprises a two-year extension plus a new four-year term with a two-year option. According to the company, the 331-200/250 work is extended for two years and the 331-500 award starts with four years plus a two-year option.

How is the $36M APU contract for TAT (TATT) split between platforms?

The combined value is approximately $36M, split roughly $22M and $14M by platform. According to the company, ~$22M covers the GTCP331-200/250 extension and ~$14M covers the new GTCP331-500 multi-year award.

What does TAT (TATT) say about the strategic importance of the APU MRO award?

TAT describes the agreement as a milestone that deepens APU capabilities and customer trust. According to the company, securing both an extension and a new platform award demonstrates breadth of technical expertise and strengthens partnerships with global operators.

What investor impacts should shareholders consider from TAT's (TATT) $36M contract?

Investors should note added multi-year service revenue and backlog visibility from the $36M agreement. According to the company, the award extends recurring MRO work across two APU platforms but also concentrates that revenue with a single large cargo carrier.