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TAT Techs shared its strong third-quarter results, with sales up 20.2% to $55.6 million.

ResultsRead the original at Benzinga
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TAT Techs grew sales and set a record for adjusted EBITDA, with strength across several businesses and expanded Honeywell work. Higher oil prices could hurt airline spending, but the company reported rising maintenance spending and strong customer demand.

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The gains came from several areas, including engine repair, heat exchangers, and parts sales. New distribution work and an agreement extended through 2036 add support for future sales. Higher oil prices could pressure airline spending, but the call cited rising maintenance spending at six major U.S. airlines.

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