Latest news with #757
Yahoo
21-05-2025
- Business
- Yahoo
TAT Technologies Expands MRO Partnership with Leading International Cargo Carrier; APU maintenance for Boeing 737, 757, 767, and Airbus A300 fleets
TAT Technologies Expands MRO Partnership with Leading International Cargo Carrier; 5-Year Contract Valued at $40-55 Million Agreement expands APU maintenance support for Boeing 737, 757, 767, and Airbus A300 fleets and adds support for Boeing 777 fleets NETANYA, Israel, May 21, 2025 /PRNewswire/ -- TAT Technologies Ltd. (NASDAQ: TATT), (TASE: TAT Tech), a leading provider of innovative products and services for the commercial and defense aviation markets, announced today the signing of a five-year maintenance, repair, and overhaul (MRO) agreement with one of the world's leading cargo carriers. This agreement is a 5-year extension of an existing contract for APU repairs on the U.S. fleet of 767 and 757 aircraft, now expanded to support the carrier's global fleet. Additionally, under this extension, TAT will provide repair services for two new APU platforms: B737 and A300. The company was also awarded the 777 APU contract for the next 7 years. The parties are expecting to sign the extension for the 777 APU during May- June 2025. The total value of the contracts (including the awarded but not yet signed contract) is estimated to be between $40 million to $55 million over the next five years. This significant agreement builds on the strong collaboration between the parties in recent years, culminating in this global fleetwide support contract. It underscores TAT's growing leadership position in the APU MRO market and the company's commitment to delivering superior service solutions to major aviation customers. Igal Zamir, President and Chief Executive Officer of TAT Technologies, stated: "We are honored to have won this contract which deepens our relationship with an important international cargo customer. The expansion of our existing contract and the addition of new services to this partnership serves as a powerful testament to the strength of our brand and our proven capabilities in the APU MRO business, delivered through our Piedmont Components Services subsidiary. This important win is further validation of our Customer First initiative and our Customer Partnership strategy, as well as the successful go-to-market strategy for our new APU capabilities." About TAT Technologies LTD TAT Technologies Ltd. is a leading provider of services and products to the commercial and military aerospace and ground defense industries. TAT operates under four segments: (i) Original equipment manufacturing ("OEM") of heat transfer solutions and aviation accessories through its Gedera facility; (ii) MRO services for heat transfer components and OEM of heat transfer solutions through its Limco subsidiary; (iii) MRO services for aviation components through its Piedmont subsidiary; and (iv) Overhaul and coating of jet engine components through its Turbochrome subsidiary. TAT controlling shareholders is the FIMI Private Equity Fund. TAT's activities in the area of OEM of heat transfer solutions and aviation accessories primarily include the design, development and manufacture of (i) broad range of heat transfer solutions, such as pre-coolers heat exchangers and oil/fuel hydraulic heat exchangers, used in mechanical and electronic systems on board commercial, military and business aircraft; (ii) environmental control and power electronics cooling systems installed on board aircraft in and ground applications; and (iii) a variety of other mechanical aircraft accessories and systems such as pumps, valves, and turbine power units. TAT's activities in the area of MRO Services for heat transfer components and OEM of heat transfer solutions primarily include the MRO of heat transfer components and to a lesser extent, the manufacturing of certain heat transfer solutions. TAT's Limco subsidiary operates an FAA-certified repair station, which provides heat transfer MRO services for airlines, air cargo carriers, maintenance service centers and the military. TAT's activities in the area of MRO services for aviation components include the MRO of APUs, landing gears and other aircraft components. TAT's Piedmont subsidiary operates an FAA-certified repair station, which provides aircraft component MRO services for airlines, air cargo carriers, maintenance service centers and the military. TAT's activities in the area of overhaul and coating of jet engine components includes the overhaul and coating of jet engine components, including turbine vanes and blades, fan blades, variable inlet guide vanes and afterburner flaps. For more information of TAT Technologies Ltd., please visit our website: Contact:Mr. Eran YungerDirector of IRTel: +1-980-451-1115erany@ Safe Harbor for Forward-Looking Statements This press release contains forward-looking statements, which include, without limitation, statements regarding the expanded MRO partnership, anticipated timing of signing the extension, and the length of the contract extension. These statements are hereby identified as "forward-looking statements" for purposes of the safe harbor provided by the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve risks and uncertainties that could cause our results to differ materially from management's current expectations. Actual results and performance can also be influenced by other risks that we face in running our operations including, but are not limited to, general business conditions in the airline industry, changes in demand for our services and products, the timing and amount or cancellation of orders, the price and continuity of supply of component parts used in our operations, the change of control that will occur on the sale by the receiver of the Company's shares held by our previously controlling stockholders, and other risks detailed from time to time in the Company's filings with the Securities Exchange Commission, including, its annual report on form 20-F and its periodic reports on form 6-K. These documents contain and identify other important factors that could cause actual results to differ materially from those contained in our projections or forward-looking statements. Stockholders and other readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date on which they are made. We undertake no obligation to update publicly or revise any forward-looking statement. View original content: SOURCE TAT Technologies Ltd. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Miami Herald
19-05-2025
- Entertainment
- Miami Herald
Allen Iverson and Michael Vick's 757 brotherhood continues
Allen Iverson has been one of Michael Vick's biggest supporters since he was tagged to take over as head football coach at HBCU Norfolk State. He recently rocked a number seven "Vick" jersey in a photo showing his support for his fellow hometown is nothing new or surprising, though. Allen Iverson and Michael Vick both hail from Newport News, Virginia - one of the seven cities that make up the area historically known as the Tidewater or Hampton Roads, but often just known by its area code - '757. Newport News' next door neighbor is Hampton, where the first Africans were brought to America in 1619. Black people have been in this region longer than they have anywhere in the continental United States. And even today, 400-plus years later, there's something unique about the brand of blackness that comes out of this region is southern by its geography and its history, but as a shipping and military hub it draws in people from all over making it something of a melting pot. If you're from New York or even D.C., you might call the people 'country.' If you're from the Deep South, they might not fit your profile of a stereotypical 'southerner." They dress to impress and they have a level of flair and uniqueness that is all their own. Whether it's eye-catching sparkles for the women or jewelry for the men, folks in this region have a special way of making themselves shine. There is a big sense of family that breeds a down-home feel and can be very inviting - but it can go left at any minute. They also play ball. Football, basketball, baseball…just ball. Pro and college sports are filled with talented athletes from the 757. Iverson and Vick, though, are by far the region's most iconic exports and the world's best glimpse at what makes the people in this area of the world special. Both men were unicorns in their respective sports. Iverson was a six foot guard with the speed of a defensive back and the ability to go through defenses like a running back while jumping out of the gym, re-defining the guard position. Vick had the arm strength of a greek god and the legs of one, too. Both men were selected first overall in their respective drafts - Vick the first black quarterback ever to do so - and in the early 2000s challenged the status quo on what a superstar pro athlete should look like. In short, both men wore the 757 on their sleeves while carrying it on their backs. For the first half of the 2000s these men were arguably two of the most popular athletes in America, but back home they are immortal. "All we about care is getting gratification and love from here. Like worldwide. Okay. Cool. Allen Iverson all over the world. All over the globe. Fine. I love it. It's beautiful. You know what I mean. I got more fans in China than anybody in the world," Iverson said on Monday. "But…home? It hurt different. It feel good different. You know, is it is a different feeling because these are 'you.' Like in your mind and think you representin' these people here. Even if you somebody that you never met before, if you from Virginia, then you Allen Iverson? That's how I live. You know what I mean? That and that's how I live my life. I'm Virginia. I am Virginia. This is who I am and what I represent." In his first press conference with the media, Michael Vick answered questions while Iverson stood with his fur neck coach against the wall in his fitted cap, white tee and III chain and watched from the sidelines. "He made me dream. Allen Iverson made me dream," Vick told the media. "He was a big part of my upbringing. I looked up to him. He exemplified excellence in so many ways. And he always treated me as, you know, a little brother, you know, so to speak. And was always there to support me and guide me make sure I stayed on the straight, narrow." Of course, Vick took a well-documented detour off the pack at one point. But, by all accounts, Iverson was always in his corner. "A lot of people gave up on him. Not me," Iverson said. "Not the people that really matter. Not the mutha-- that love him," Iverson said honestly, before covering his mouth with his hand. "Ain't nobody giving up on you," he continued. "People make mistakes. All of us do. It's easy to critique somebody. It's easy to like, judge somebody. you know, I mean, all of us make mistakes. All of us made mistakes in our life - you know what I mean? But what you going to do when you fall. Get your ass up."That's what Vick did. He worked his way back into the NFL as a player and later as an analyst before coming to Norfolk State to coach. They are both survivors of a place that, despite its down-home charm and family values, has seen many talented athletes taken down before and after them. And nearly took them down too. But they have lived to tell their story and be a representation for those that follow them, from far and near. "It's no sugar coating nothing when it come to Mike Vick. He been through everything. Been through the ups and downs. He been through everything in life? You know, I mean, like, it's a story, man. It's a great story is a great, beautiful thing, what he has to offer. So not just kids. Everybody get caught up on just kids to everybody. It's not just kids. He got a great story. You know what I mean and redemption and (obscenity) that he can like. He can help people just by his voice and his story and what he's been through in life. And that's what he gonna do."And in the months that have followed Michael Vick's introductory press conference that cold December day, Allen Iverson has made good of his promise to support his fellow 757 legend. In early April he showed up for Norfolk State's spring game to watch the team scrimmage. After the game he not only came down on the field, he joined in the huddle and broke the team down emphatically - perhaps reliving his days as a state championship-winning quarterback for Bethel High School. He also told the team he would be back to support them during the so far, Allen Iverson's word has been his bond when it comes to supporting his 757 brother Michael Vick. The post Allen Iverson and Michael Vick's 757 brotherhood continues appeared first on HBCU Gameday. Copyright HBCU Gameday 2012-2025
Yahoo
14-05-2025
- Politics
- Yahoo
Trump Writes Congress out of the Constitution—and Congress Says Fine
Having brought Congress completely to heel in the political sphere, Donald Trump is now seeking to write them out of the Constitution. Both of his biggest moves of the past week entail the evisceration of a constitutional role the Framers very plainly and expressly wanted Congress to play. That is the case for the flirtation with suspension of habeas corpus, which only Congress can do. And it's even more manifest in Trump's plan to accept a $400 million (or is it $625 million?) jumbo jet 'palace in the sky' from the Qatari government. On the habeas issue, Stephen Miller's pompous primer on suspension of habeas corpus, coupled with the announcement that 'we're actively looking at [it],' was risible and unsettling in equal measure. The constitutional command he was mangling is directed to Congress, not the executive, which is why it is in Article I along with other definition of congressional power. The recognition that only Congress can suspend is essentially universal, consistently reaffirmed in court opinions from early in the nineteenth century, which themselves apply the previous ensconced practice from England. Moreover, Miller ham-handedly slices off the limiting, second half of the clause: that suspension can occur only when 'the public Safety may require it.' Whatever national crisis Trump is attempting to manufacture about the presence of immigrants in the country, the public safety does not require that courts not consider the due process rights of detainees. And his ensuing suggestion that the decision not to suspend is contingent on 'whether the courts do the right thing'—is overbearing and thuggish. But as bad as all that is, the Qatari 757 deal is even more blatant in its contempt for constitutional norms. The plane would replace Air Force One during the pendency of Trump's tenure and then be given to his presidential foundation created after his presidency presumably for his use. There is, however, a small constitutional snag. Article I, Section 9, Clause 8 of the Constitution—the Foreign Emoluments Clause—says that no person holding an office of the United States shall, without the consent of Congress, accept any present 'of any kind whatever' (yes, it says those very words) from any foreign state. Trump's first term was a serial violation of the domestic and foreign Emoluments Clauses, as influence seekers of all stripes clamored to support his Washington DC hotel and other businesses. But the business profits he pocketed from people seeking his goodwill in the first term are chump change next to the gaudily lavish, gold-plated (and possibly bugged) Qatari luxury jet. There is no serious argument that Trump's acceptance of the plane does not violate the Emoluments Clause. Trump has tried to trot out an argument that it's really a gift to the government and not to him. But if it's partly for his personal enjoyment—and very clearly if it winds up with his foundation and not the government after his tenure—the law is quite clear that it falls within the clause. As usual, Trump is his own worst enemy in clarifying just what's going on. Speaking to reporters on Monday, Trump noted, 'I think it's a great gesture from Qatar. I appreciate it very much. I would never be one to turn down that kind of an offer.' He also justified the decision by saying he would have to be a 'stupid person' not to take the plane, and he analogized the decision to agreeing to a gimme putt in golf. And we further know that Trump toured the jet in February. If Trump is the one to solicit and accept the offer, then it is not a gift to the federal government. There is apparently an opinion blessing the deal from Attorney General Pam Bondi, who herself garnered six-figure fees from Qatar for lobbying on their behalf starting in 2019. We haven't seen the analysis yet, but since Bondi sees it as her job to fight for Trump the person as opposed to the office, you can bet that it's at most as good an argument as can be made for a client—but a total loser. The argument that Trump can be expected to rely on in the coming cluster of lawsuits from NGOs and state attorneys general is that the various plaintiffs lack standing. That was the central issue in most of the Emoluments Clause litigation during Trump 1.0. The courts were divided on the question, and eventually the Supreme Court dismissed the various cases as moot because Trump had left office. In fact, properly understood, the standing issue only reinforces the unconstitutionality of what Trump is doing. It's true that it's hard to conceptualize the injury of the constitutional violation in terms of a pocketbook loss to, say, an individual state attorney general. It requires ingenuity and a court that takes a somewhat elastic view of standing. That's precisely because the constitutional injury entailed by Trump's acceptance of the palace in the sky is social, absorbed by all of us. It's precisely for that reason that the Framers specified that Congress, the representatives of the people, must determine whether a particular gift may be accepted. After all, not all gifts to officials are objectionable. Most famously, Congress in 1791 passed a resolution allowing Ben Franklin to keep a gold snuff box given to him by Louis XVI. On the other hand, Congress never exercised its authority to approve President Lincoln's request in the middle of the Civil War to keep an elephant tusk from the King of Siam (along with an elephant, which Lincoln politely declined). These two examples illustrate that the appropriateness of a particular gift is a nuanced, contextual question. The Framers were extremely concerned about the prospect that gifts could be used corruptly to buy and sell influence. But they declined to constitutionalize a categorical rule against gifts, instead opting for greater flexibility and political accountability by insisting on an overall political judgment by the body best positioned to deliver it. That judgment, by the way, is pouring in—and it's largely negative. Many people on the right and left are expressing grave reservations about Trump's excitement. The thumbs-down by noted conservative commentator Ben Shapiro is illustrative of a growing chorus of disdain from the left and right, a chorus that now includes a number of elected Republicans. On Tuesday, the Senate majority leader, John Thune of South Dakota, said of the jet, 'I can assure you there will be plenty of scrutiny of whatever that arrangement might look like.' And Senator Ted Cruz, Republican of Texas, cited national security concerns. 'I also think the plane poses significant espionage and surveillance problems,' he said. It goes without saying—anywhere but in Trump World—that the last person to decide whether a gift should be kept is the putative recipient. That means that, questions of standing aside, Trump's plain constitutional responsibility is, as with Franklin and Lincoln, to serve up to Congress the question of whether he gets to keep his gold-plated palace in the sky. And if he fails to do that, the plain reading of the Constitution is that he may not keep the plane. To do so would be to accept a present without the consent of Congress. It's not an anomaly but a matter of constitutional design that the charter establishes a limit that falls to the political branches to enforce. This being America in the twenty-first century, there surely will be lawsuits attempting to get at the constitutional problem. But the fundamental dereliction is by our political leaders: If Congress fails to take up the question of whether Trump can keep the plane, it's a fundamental disregard of its constitutional duties; likewise, if Trump tries to keep his latest and greatest toy without submitting it to Congress, he is flouting the Constitution, whatever Pam Bondi may say. The question, as always with Trump, is not what's right or lawful or even decent, but whether anybody can stop him.
NZ Herald
04-05-2025
- Business
- NZ Herald
Watch: Government set to make defence announcement ahead of Budget 2025
That long-awaited plan, released on April 7, revealed $9b of the funding was new. Luxon described it as a 'landmark day' and a significant financial investment that was 'not just about the Defence Force, it's fundamentally about our national security and our economic prosperity'. Collins said the plan would deliver 'enhanced lethality' and a 'deterrent effect'. She said it was not 'about choosing sides or beating the drums of war' but supporting an international rules-based order, working alongside our partners and making smart decisions for the future. 'It gets our NZDF [Defence Force] out of the intensive care unit and not just growing, but growing where we need it to go,' she said. 'Our personnel deserve a serious plan that will serve them as they serve us, this is what we have delivered.' There are several major investments expected by 2028. This includes replacing the Boeing 757 fleet (expected at $600 million to $1b), enhanced strike capabilities ($100m to $300m), and a new fleet of maritime helicopters to operate from Navy ships ($300m to $600m). In the near term, the Government has decided not to immediately replace the country's ageing Anzac frigates, HMNZS Te Kaha and Te Mana, but instead provide additional maintenance to extend their lives into the early 2030s. This will cost between $300m and $600m. 'Extending the life of the frigates will retain Defence's combat capable ships and the skilled workforce required to operate combat vessels until the ships are replaced,' the plan said. Another vessel that would not be replaced at least in the short term is the recently sunk HMNZS Manawanui – instead dive and hydrographic tasks would be undertaken from other platforms rather than a single dedicated one.
Time of India
22-04-2025
- Politics
- Time of India
From FBI sessions to NHL games: Director Kash Patel's frequent use of government jets has tongues wagging about personal travel decisions
FBI Director Kash Patel (via Getty Images) Federal Bureau of Investigation Director Kash Patel has come under scrutiny for his frequent use of government planes for travel that seems to mix official business with personal interests—such as high-profile sporting events and excursions to his girlfriend's hometown. Since becoming FBI Director on February 21, Patel, 45, has accumulated a travel schedule that includes Nashville and Long Island, raising questions about the intersection of professional duty and personal convenience. Kash Patel under scrutiny for taking FBI jets to NHL games Kash Patel made at least three round-trip flights from Washington to Nashville, Tennessee, on Department of Justice-owned Gulfstream jets, The New York Times reported. Nashville is home to 26-year-old country singer Alexis Wilkins, Kash Patel's reported girlfriend. He also flew to Long Island on a DOJ Boeing 757 on April 6—to watch Washington Capitals forward Alex Ovechkin score NHL history. While it's true that FBI directors must travel on government planes because of secure communication requirements, the timing and nature of several of Kash Patel's trips are raising questions as to whether tax dollars are being spent wisely. While Patel did meet with local FBI personnel, Tennessee legislators, and law enforcement officials during the trip, the reason for the other two trips is unknown. Meanwhile, flight logs show a DOJ-owned 757 flying to New York on the same day that Alex Ovechkin broke Wayne Gretzky's all-time goal-scoring record on April 6—just two days after tying the record in Washington, D.C., another game Patel reportedly attended. Both events were high-profile NHL matchups, and while there's no confirmation that Patel's presence was for official reasons, the correlation has sparked concerns. Government employees who use federal planes are expected to pay the government back at the rate of a commercial ticket, which is much lower than flying in a private plane. Critics say this difference opens up a loophole that enables a level of luxury travel at little personal cost. Kash Patel has stood out from his predecessors at the FBI by being bold and visible as a public figure. He has proactively shared news of FBI operations and victories, breaking from the historically behind-the-scenes tradition of his predecessors. From tactical vest photo opportunities to social media cameos, Patel has gone full-on public. Is the FBI's air travel policy overdue for an update? Although Patel is not necessarily in breach of the current travel policy, the perception of his travels and the blurring of personal pleasure and official obligation will lead to additional examination of executive travel procedures. The FBI has just solicited proposals for a second jet to assist 'required-use executive travel', indicating present demand outstrips fleet size. Also read: 2025 NHL Playoffs: Winnipeg Jets ticket guide, full schedule, and key matchups for Stanley Cup run With Kash Patel still redefining the FBI Director position with his high-profile style and ambitious foreign travel schedule, there is growing pressure to be more open about how government resources are being expended—particularly in an era of heightened public concern regarding ethical governance. Get the latest IPL 2025 updates on Times of India , including match schedules , team squads , points table and IPL live score for CSK , MI , RCB , KKR , SRH , LSG , DC , GT , PBKS , and RR . Don't miss the list of players in the race for IPL Orange Cap and IPL Purple cap .
