TAT Technologies Ltd., together with its subsidiaries, provides solutions and services to the commercial and military aerospace, and ground defense industries in the United States, Israel, and internationally. The company operates through four segments: Original Equipment Manufacturing (OEM) of Heat Transfer Solutions and Aviation Accessories; Maintenance, Repair, and Overhaul (MRO) Services for Heat Transfer Components and OEM of Heat Transfer Solutions; MRO Services for Aviation Components; and Overhaul and Coating of Jet Engine Components. It designs, develops, and manufactures a range of heat transfer solutions, such as pre-cooler and oil/fuel hydraulic heat exchangers used in mechanical and electronic systems in commercial, military, and business aircraft; environmental control and power electronics cooling systems for use in aircraft and ground applications; and a range of other mechanical aircraft accessories and systems, such as pumps, valves, and turbine power units. The company also provides MRO services for heat transfer components, as well as for manufacturing heat transfer solutions; and aviation components, such as power plants, landing gears, and other aircraft components. In addition, it engages in the operation of a repair station, which provides heat transfer MRO services for airlines, air cargo carriers, maintenance service centers, and the military; and the overhaul and coating of jet engine components, including turbine vanes and blades, fan blades, variable inlet guide vanes, and afterburner flaps. The company was formerly known as Galagraph Ltd. and changed its name to TAT Technologies Ltd. in May 1992. TAT Technologies Ltd. was founded in 1969 and is headquartered in Gedera, Israel.
IPO Year:
Exchange: NASDAQ
Website: tat-technologies.com
TEL AVIV, Israel, Dec. 14, 2021 /PRNewswire/ -- RADCOM Ltd. (NASDAQ:RDCM), today announced that it has appointed Hadar Rahav to serve as its new Chief Financial Officer effective January 1, 2022. Hadar will replace Amir Hai, who will be leaving the company to pursue other opportunities. "I'm excited to announce Hadar's promotion to Chief Financial Officer," said Eyal Harari, RADCOM's Chief Executive Officer. "Hadar has made significant contributions to RADCOM in her position overseeing global finance and has been working closely with the management team to ensure a smooth transition into her new leadership role. I look forward to working closely with Hadar and growing the Company's business
TAT Techs (NASDAQ:TATT) reported quarterly earnings of $0.19 per share. This is a 156.76 percent increase over earnings of $0.07 per share from the same period last year. The company reported $34.09 million in sales this quarter. This is a 35.18 percent increase over sales of $25.22 million the same period last year.
TAT Technologies Ltd. (TASE: TATT) (NASDAQ:TATT), a leading supplier of products and services for the commercial and military aviation industries and the ground defense industries, announces a new contract with an international air carrier. This contract is a result of a very successful partnership between the companies over the last several years which led the parties to sign a global fleet contract. As part of this contract, TAT will provide MRO services to the airline's GTCP331 model APUs. TAT estimates total revenues from this contract to be $10 million ($2 million per year). By signing this contract, we further advanced our dominating position as the leading APU 331-200 MRO in the ma
TAT Technologies Ltd. (NASDAQ:TATT) ("TAT" or the "Company"), a leading provider of products and services to the commercial and military aerospace and ground defense industries, announced today that, following the approval of its Board of Directors, it has received and accepted commitments from Israeli institutional and accredited investors (as defined under Israel's Securities Law, 5728-1968 (the "Investors"), to participate in a in a private placement (the "Private Placement") of Ordinary Shares, par value NIS 0.90 per share, of the Company ("Ordinary Shares").The Company is expected to issue and sell to the Investors an aggregate of 1,158,600 Ordinary Shares (the "Shares"), for a purchas
TAT Techs (NASDAQ:TATT) reported quarterly earnings of $0.15 per share. This is a 1600 percent increase over losses of $(0.01) per share from the same period last year. The company reported $26.80 million in sales this quarter. This is a 29.02 percent increase over sales of $20.77 million the same period last year.
TAT Technologies Ltd. (NASDAQ:TATT) Q1 2023 revenues increased by 26.6% to $25.2 million. Q1 EPS totaled $0.074, compared with a $(0.17) loss a year ago. Gross profit for Q1 increased 43.3% to $4.3 million, with gross margin expanding 170 basis points to 16.9%. Adjusted EBITDA for Q1 2023 increased by 328% to $2.2 million. Net income for Q1 was $0.66 million compared to a net loss of $(1.6) million. The company exited Q1 with cash and equivalents worth $9.2 million. "We are optimistic with the coming quarters of 2023 and expect substantial growth in revenues and EBITDA compared to 2022," Igal Zamir, TAT's CEO and President, commented on the results. "Our order backlog and LTA conti
TAT Techs (NASDAQ:TATT) reported quarterly earnings of $0.07 per share. This is a 143.53 percent increase over losses of $(0.17) per share from the same period last year. The company reported $25.22 million in sales this quarter. This is a 26.38 percent increase over sales of $19.95 million the same period last year.
As part of this contract, TAT will provide MRO services to the airline's GTCP331 model APUs. TAT estimates revenues from this contract to be $50 million ($10 million per year).
NETANYA, Israel, Oct. 21, 2024 /PRNewswire/ -- TAT Technologies Ltd. ((TASE: TAT Tech, NASDAQ:TATT), a leading supplier of products and services for the commercial and military aviation industries and the ground defense industries, announced today that management will participate in the LD Micro Main Event XVII on Tuesday, October 29 at the Luxe Sunset Boulevard Hotel in Los Angeles, CA. Ehud Ben-Yair, CFO and Eran Yunger, Director of IR, will be representing the company and will be available for one-on-one meetings throughout the day on October 29 and October 30. DATE: Tuesday, October 29, 2024TIME: 8:30 a.m. PT (11:30 a.m. ET)WEBCAST: https://me24.sequireevents.com/ Investors interested i
NETANYA, Israel, Sept. 1, 2024 /PRNewswire/ -- TAT Technologies Ltd. (NASDAQ and TASE: TATT - News) ("TAT" or the "Company"), a leading provider of products and services to the commercial and military aerospace and ground defense industries, announced today that, following the approval of its Board of Directors, it has received and accepted commitments from Israeli institutional and accredited investors (as defined under Israel's Securities Law, 5728-1968) (the "Investors"), to participate in a private placement (the "Private Placement") of Ordinary Shares of the Company ("Ordinary Shares"). The Company is expected to issue and sell to the Investors an aggregate of 673,340 Ordinary Shares (
CHARLOTTE, N.C., Aug. 29, 2024 /PRNewswire/ -- TAT Technologies Ltd. (TASE: TAT Tech) (NASDAQ: TATT), a leading supplier of products and services for the commercial and military aviation industries and the ground defense industries, today announced that management will present at the Lake Street Capital Markets 8th Annual Best Ideas Growth "Big8" Conference on September 12th in New York City. Management will conduct one-on-one meetings with institutional investors, discussing its growth strategy, recent expansion of the company's addressable market, industry certifications and opportunities to deliver continued operating leverage. Investors interested in scheduling a meeting with the compan
Company Delivers 7th Consecutive Quarter of Expanding Revenues and Profits Management Reviews Financial Results and Provides Business Update on Quarterly Webcast CHARLOTTE, N.C., Aug. 28, 2024 /PRNewswire/ -- TAT Technologies Ltd. (NASDAQ:TATT) (TASE: TATT) ("TAT" or the "Company"), a leading provider of products and services to the commercial and military aerospace and ground defense industries, reported today its unaudited results for the three-month and six-month period ended June 30, 2024. Financial Highlights for the Second Quarter and First Six Months of 2024: Revenues
NETANYA, Israel, May 22, 2024 /PRNewswire/ -- TAT Technologies Ltd. (NASDAQ:TATT) (TASE: TATT) ("TAT" or the "Company"), a leading provider of products and services to the commercial and military aerospace and ground defense industries, reported today its unaudited results for the three-month period ended March 31, 2024. Financial highlights for the first quarter of 2024: Revenues for Q1 2024 increased by 35.3% to $34.1 million compared to $25.2 million in Q1 2023.Gross profit for Q1 2024 increased by 65.1% to $7.1 million compared to $4.3 million in Q1 2023.Gross Margin for Q1 2024 improved by 3.8bp to 20.7% of revenues, compared to 16.9% of revenues in Q1 2023.Adjusted EBITDA for Q1 2024
NETANYA, Israel, March 6, 2024 /PRNewswire/ -- TAT Technologies Ltd. (NASDAQ:TATT) ("TAT" or the "Company"), a leading provider of products and services to the commercial and military aerospace and ground defense industries, reported today its audited results for the twelve months ended December 31, 2023. Key Financial Highlights: Total revenues for the twelve months ended December 31, 2023, were $113.8 million compared to $84.6 million for the twelve months ended December 31, 2022, an increase of 35%.Gross profit for the twelve months ended December 31, 2023, were $22.5 million (19.7% of revenues) compared to $15.9 million (18.8% of revenues) for the twelve months ended December 31, 2022,
NETANYA, Israel, Jan. 16, 2024 /PRNewswire/ -- TAT Technologies Ltd. (TASE: TATT) (NASDAQ:TATT), a leading supplier of products and services for the commercial and military aviation industries and the ground defense industries, announces a new contract with an international air carrier. This contract is a result of a very successful partnership between the companies over the last several years which led the parties to sign a global fleet contract. As part of this contract, TAT will provide MRO services to the airline's GTCP331 model APUs. TAT estimates total revenues from this contract to be $10 million ($2 million per year). By signing this contract, we further advanced our dominating posi
NETANYA, Israel, Dec. 28, 2023 /PRNewswire/ -- TAT Technologies Ltd. (NASDAQ:TATT) ("TAT" or the "Company"), a leading provider of products and services to the commercial and military aerospace and ground defense industries, reported the completion of its placement to Israeli institutional and accredited investors. Explanatory Note: On December 20, 2023, TAT Technologies Ltd., an Israeli company (the "Company"), completed the issuance and sale of 1,158,600 Ordinary Shares, par value NIS 0.90 per share, of the Company (the "Shares"), in a private placement to Israeli institutional and accredited investors (as defined under Israel's Securities Law, 5728-1968) (the "Investors"), for a purchase
NETANYA , Israel, Dec. 15, 2023 /PRNewswire/ -- TAT Technologies Ltd. (NASDAQ:TATT) ("TAT" or the "Company"), a leading provider of products and services to the commercial and military aerospace and ground defense industries, announced today that, following the approval of its Board of Directors, it has received and accepted commitments from Israeli institutional and accredited investors (as defined under Israel's Securities Law, 5728-1968 (the "Investors"), to participate in a in a private placement (the "Private Placement") of Ordinary Shares, par value NIS 0.90 per share, of the Company ("Ordinary Shares"). The Company is expected to issue and sell to the Investors an aggregate of 1,158,
NETANYA, Israel, Aug. 29, 2023 /PRNewswire/ -- TAT Technologies Ltd. (NASDAQ:TATT) ("TAT" or the "Company"), a leading provider of products and services to the commercial and military aerospace and ground defense industries, reported today its unaudited results for the three-month and six-month period ended June 30, 2023. Financial highlights for H1 of 2023: · Revenues for Q2 2023 were $26.8 million, an increase of 29% compared with $20.8 million in Q2 2022. Revenues for the six-month period that ended on June 30,2023 increased by 28% to $52.02 million compared with $40.7 million in the six-month period that ended on June 30, 2022. · Gross profit for Q2 2023 was $5.4 million (20.3% as a
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