TAT Technologies Wins $45 Million in Long-Term MRO Deals

The contracts boost backlog and give the company clearer near-term revenue and EBITDA outlook by pairing multi-year airline work with a concurrent minority‑stake sale.

Overview

TAT announced Wednesday that it secured several long-term maintenance, repair and overhaul agreements with international passenger and cargo airlines that total an estimated $45 million over 5–10 year contract terms.
The deals cover auxiliary power unit (APU) platforms under TAT's OEM authorization and heat exchanger MRO, work the company performs through its Limco subsidiary and its FAA‑certified repair station.
Alongside the contracts, TAT sold a minority interest in an unconsolidated entity and expects a one-time pre-tax gain of about $4 million to be recorded in the second quarter of 2026.
Company leadership says the awards and the one-time gain strengthen revenue visibility and backlog and position TAT to deliver revenue growth and EBITDA expansion through 2026.
APUs and heat exchangers are core thermal components for aircraft, so these multi-year deals could steady service revenue and improve investor visibility, but results remain subject to airline demand, timing of shop visits and other industry risks.