TAT Technologies (TATT) said late Wednesday it secured fresh maintenance, repair and overhaul contracts from a major cargo carrier with an estimated value of $40 million to $55 million over the next five years.
The award includes a five-year extension of an existing contract for APU repairs on the customer's US fleet and expands support to the customer's global fleet, which now includes Boeing (BA) 737s and Airbus A300s. The company also secured a seven-year contract for Boeing 777 auxiliary power unit maintenance.
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