TAT Technologies: Soars on maintenance agreement with Honeywell

Tat Technologies

25/09/2020 11:25

** Israeli aerospace components co's  TATTF.TA  U.S. shares
 TATT.O  jump 43.7% to $5.7, set to open over 10-month high
    ** Enters into a 10-year maintenance and repair agreement
with U.S. manufacturer Honeywell International Inc  HON.N ,
amount undisclosed  urn:newsml:reuters.com:*:nFWN2GL0TC
    ** The agreement transitions maintenance activities of
Honeywell's 331 auxiliary power units to TAT
    ** Up to Thursday's close, stock down ~20% YTD 

 (Reporting by Shivani Kumaresan in Bengaluru)
 ((Shivani.Kumaresan@thomsonreuters.com ; +1 646 223 8780;))