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Last 2,700
Change Today +54.00 / 2.04%
Volume 3.7K
TATTF On Other Exchanges
Tel Aviv
As of 3:50 AM 08/4/15 All times are local (Market data is delayed by at least 15 minutes).

tat technologies ltd (TATTF) Snapshot

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52 Week High
09/22/14 - $3,200
52 Week Low
12/16/14 - $2,260
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tat technologies ltd (TATTF) Details

TAT Technologies Ltd., together with its subsidiaries, provides various products and services to the commercial and military aerospace, and defense industries worldwide. The company operates through three segments: Original Equipment Manufacturing of Heat Management Solutions; Heat Transfer Services and Products; and Maintenance, Repair and Overhaul services for Aviation Components. It designs, develops, manufactures, and sells heat transfer products, such as heat exchangers, pre-coolers, and oil/fuel hydraulic coolers for use in mechanical and electronic systems on-board commercial, military, and business aircraft; manufactures and sells environmental control and cooling systems on board aircraft and for ground applications; and offers other electronic and mechanical aircraft accessories and systems, such as pumps, valves, power systems, and turbines, as well as provides maintenance services for heat transfer products and flow control accessories. The company also provides maintenance, repair, and overhaul (MRO) services for heat transfer equipment; and aircraft component MRO services for auxiliary power units, landing gear, and other aircraft components serving airlines, air cargo carriers, maintenance service centers, and the military. The company was formerly known as Galagraph Ltd. and changed its name to TAT Technologies Ltd. in May 1992. The company was founded in 1985 and is based in Gedera, Israel.

507 Employees
Last Reported Date: 03/23/15
Founded in 1985

tat technologies ltd (TATTF) Top Compensated Officers

Chief Executive Officer and President
Total Annual Compensation: $329.0K
Vice President of Operations
Total Annual Compensation: $163.4K
Chief Executive Officer of Limco
Total Annual Compensation: $190.0K
Chief Executive Officer of Piedmont
Total Annual Compensation: $173.2K
Compensation as of Fiscal Year 2014.

tat technologies ltd (TATTF) Key Developments

Tat Technologies Ltd. Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2015

TAT Technologies Ltd. reported unaudited consolidated earnings results for the first quarter ended March 31, 2015. For the quarter, the company reported total revenue of $20.5 million compared to $18.4 million for the first quarter of 2014, an increase of 11%. Operating income was $1.1 million compared to $0.4 million for the first quarter of 2014, an increase of 175%. Net income was $2 million or $0.22 per basic and diluted share compared to $0.4 million or $0.05 per basic and diluted share for the first quarter of 2014. Income before taxes on income was $0.897 million against $0.365 million a year ago. Net cash used in operating activities was $0.258 million against net cash provided by operating activities of $1.276 million a year ago.

TAT Technologies Seeks Acquisitions

TAT Technologies, Ltd. (NasdaqGM:TATT) is seeking acquisitions. Itsik Maaravi, TAT’s President and Chief Executive Officer said, "We continue to focus on our core capabilities, establishing relations with key players in relevant markets and investing in the development of new products. We plan to continue and increase our marketing and sales efforts. In addition, we are continuing to preserve a strong balance sheet with limited liabilities, strong working capital and sufficient financial assets to support the future growth of our operations, including seeking potential candidates for acquisition”.

TAT Technologies, Ltd. Announces Executive Changes

TAT Technologies, Ltd. announced that Mr. Tiko Gadot, its current Chief Financial Officer, has informed the company of his resignation from his position and will continue at the company through the transition period. Mr. Guy Nathanzon will be appointed as the new Chief Financial Officer effective July 1, 2015. Mr. Nathanzon has held several CFO positions in Israeli companies. From 2011 - 2015 he was the CFO of Altair Semiconductor Ltd.


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