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TAT Technologies plans to move its heat exchanger thermal components manufacturing from Israel to Tulsa, Oklahoma, and expand Limco Airepair there. It also plans a new global R&D center on its Tulsa campus.
TAT Technologies signed a five-year agreement to supply heat exchangers to an unnamed leading European aerospace system manufacturer, with expected revenue of US$20 million over 2019-2023. TAT will be the exclusive heat exchanger provider for these products.