TAT Technologies Ltd. and Honeywell International Inc. announced a 10-year agreement to support the global MRO activities for the GTCP331-200/250 auxiliary power unit (the “331 APU”). TAT, through its wholly owned subsidiary Piedmont Aviation, has been a Honeywell authorized MRO partner for over 20 years with approximately $12 million revenue in 2019 from 331 APU MRO activities. In addition to its existing business, the new agreement transitions Honeywell's 331 APU MRO activities to TAT, which will provide seamless enhanced support to Honeywell customers, as well as other operators who are using the relevant fleets around the globe.