Business

August 12, 2013

TAT Technologies awarded $6.2 million contract with Lockheed Martin

TAT Technologies Ltd. reported Aug. 12 it received a Requirements Contract with a Master Purchas Order from Lockheed Martin for the procurement of the F-16 tactical aircraft’s emergency power unit and additional related components.

Total value of the contract may reach $6.2 million through Dec. 31, 2018.

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

This contract between the two companies is a continuation of a 30-year business relationship wherein TAT has provided Lockheed Martin with components for the emergency power unit and additional related components for the F-16. TAT expects to receive an additional order for the same components from Lockheed Martin in the near future.

“This continuing order demonstrate TAT’s strong market position in providing its solutions, including heat management solutions and accessories, to the aviation industry,” said Itsik Maaravi, TAT’s president and CEO. “TAT is proud of the close relationships it has established with a world-leading customer such as Lockheed Martin. We are fully committed to continue to support Lockheed Martin’s F-16 program and are looking forward to expanding our cooperation with Lockheed Martin for additional programs.”

 




All of this week's top headlines to your email every Friday.


 
 

 

Headlines December 19, 2014

News: SpaceX’s attempt to land rocket on floating barge postponed - It’s set to be one of the most groundbreaking moments in humanity’s six decades of space exploration. Obama signs $1.1 trillion spending bill into law - President Obama signed the $1.1 trillion federal spending measure into law Dec. 16, officially ending any threat of a government...
 
 

News Briefs December 19, 2014

Trial set for ex-Navy engineer in military secrets case A former Navy civilian engineer is scheduled to stand trial next summer on charges of trying to steal aircraft carrier schematics. Media outlets report that 35-year-old Mostafa Awwad of Yorktown, Va., pleaded not guilty Dec. 17 to two counts of attempted exportation of defense articles and...
 
 
Army photograph by C. Todd Lopez

Army to launch cruise missile-detecting aerostat at Aberdeen Proving Ground

Army photograph by C. Todd Lopez The Army plans to launch an aerostat, part of the “Joint Land Attack Cruise Missile Defense Elevated Netted Sensor,” in late December 2014. The JLENS aerostat will be tethered to the...
 

 
Air Force photograph by SrA. Jordan Castelan

AF delivers Iraqi F-16s for training in US

Air Force photograph by SrA. Jordan Castelan Iraqi air force captain Hama conducts preflight inspections while inside a new to service Iraqi F-16 Fighting Falcon Dec. 17, 2014, located at the nearby Tucson International Airport...
 
 
Air Force photograph by SSgt. Derek VanHorn

Short-notice: A new way to exercise

Air Force photograph by SSgt. Derek VanHorn Airmen from Kadena Air Base, Japan, prepare for an aeromedical evacuation exercise on a KC-135 Stratotanker Dec. 5, 2014, at Misawa Air Base, Japan. The operation was executed in supp...
 
 
Lockheed Martin photograph by Andy Wolfe

Japan, Australia to provide F-35 maintenance sites in Pacific region

Lockheed Martin photograph by Andy Wolfe An F-35C Lightning II joint strike fighter carrier variant prepares to launch from the aircraft carrier USS Nimitz in the Pacific Ocean, Nov. 6, 2014. Japan and Australia will be sharing...
 




0 Comments


Be the first to comment!


Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>