TAT Technologies Awarded Contract Worth Up to $6.2M' from Lockheed Martin

TAT Technologies Ltd. (NASDAQ TATT), a leading provider of services and products to the commercial and military aerospace and ground defense industries, today reported it received a Requirements Contract with a Master Purchas Order ("MPO") from Lockheed Martin Corporation LMT for the procurement of the F-16 tactical aircraft's emergency power unit and additional related components. Total value of the contract may reach $6.2M' through December-31, 2018. 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. See full press release