TAT Technologies Ltd., a leading provider of services and products to the commercial and military aerospace and ground defense industries, announced Sunday that its wholly-owned subsidiary, Piedmont Aviation Component Services, has signed a seven year landing gear Maintenance Support Agreement with
Republic Airways Holdings, Inc. covering their Embraer E - 175 fleet. The agreement covers the current fleet of 160 aircraft and the total value may exceed $45 million.
"This contract will position us as a world leading maintenance service provider for Embraer E - 170/190 landing gear as the fleet is just entering first wave of major overhaul requirements," said TAT's President and CEO Itsik Maaravi. "The new agreement reinforces TAT's leading position in the regional landing gear maintenance industry, adding new capabilities to our existing product lines, which currently includes ATR 42/72, CRJ 100/200 and Dash 8 aircraft."
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