TAT Technologies Wholly Owned Subsidiary, Piedmont Aviation Component Services Has Signed a Five Year APU Maintenance Agreement with Austrian Airlines

The maintenance agreement for the GTCP-331-200 model is in addition to an existing contract between Austrian and Piedmont for the CRJ200 fleet GTCP36-150RJ APU.


GEDERA, Israel, February 3, 2011 /PRNewswire-FirstCall/ -- TAT Technologies Ltd. (Nasdaq:TATT), a leading provider of services and products to the commercial and military aerospace and ground defense industries, today announced that its wholly-owned subsidiary, Piedmont Aviation Component Services ("Piedmont"), has signed a five year APU (Auxiliary Power Unit - a small gas turbine engine) maintenance Agreement with Austrian Airlines ("Austrian") covering Austrian Boeing 767 fleet GTCP331-200 APU. The maintenance agreement for the GTCP-331-200 model is in addition to an existing contract between Austrian and Piedmont for the CRJ200 fleet GTCP36-150RJ APU.

Mr. Burkard Wigger, Vice President Technical Operations at Austrian Airlines said: "With Piedmont Aviation Component Services, we have found a professional partner who is very committed to our inquiries and comes up with tailored solutions that fit our demands. Piedmont offers expert knowledge in APU maintenance and has already proved to deliver reliable and satisfying services in our cooperation."

TAT's President and CEO, Dr. Shmuel Fledel, commented on the new agreement: "We are proud of the solid relationship between Austrian and Piedmont. For the last 4 years we have been successful with the current 36-150RJ APU contract and the addition of the 331-200 APU model demonstrates the high level of confidence and cooperation between the two companies. The new APU agreement reinforces TAT's leading position in the APU maintenance industry."

About Austrian Airlines

Austrian Airlines is Austria's largest carrier and offers a global route network of round 130 destinations. In Central and Eastern Europe, the route network is particularly dense: With 44 destinations Austrian Airlines is the market leader throughout the region. Thanks to its favourable geographical location at the heart of Europe, the company's hub at Vienna International Airport is the ideal gateway between East and West. Austrian Airlines is part of the Lufthansa Group, Europe's largest airline group, and a member of the Star Alliance, the first global alliance of international airlines.

About TAT Technologies LTD

TAT Technologies LTD is a leading provider of services and products to the commercial and military aerospace and ground defense industries.

TAT operates under three operational segments: (i) OEM of Heat Transfer products (ii) OEM of Electric Motion Systems; and (iii) MRO services, each with the following characteristics.

TAT's activities in the area of OEM of Heat Transfer products primarily relate to the (i) design, development, manufacture and sale of a broad range of heat transfer components (such as heat exchangers, pre-coolers and oil/fuel hydraulic coolers) used in mechanical and electronic systems on-board commercial, military and business aircraft; and (ii) manufacture and sale of environmental control and cooling systems and (iii) a variety of other electronic and mechanical aircraft accessories and systems such as pumps, valves, power systems and turbines.

TAT's activities in the area of OEM of Electric Motion Systems primarily relate to the design, development, manufacture and sale of a broad range of electrical motor applications for airborne and ground systems. TAT activities in this segment commenced with the acquisition of Bental in August 2008.

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