TAT TECHNOLOGIES LTD.

TATTTASEIL0010827264₪1.5B

Investment Thesis

Generates revenue by designing and manufacturing aircraft heat exchangers, cooling and environmental control systems and flow-control accessories, and by maintaining, repairing and overhauling heat-transfer components, auxiliary power units, landing gear and jet-engine parts, with additional income from leasing auxiliary power units.

Geographic Exposure

United States66.13%

Other (rest of world)14.39%

Europe11.62%

Israel7.87%

Revenue Drivers

Aircraft component MRO and leasing

repair and overhaul of auxiliary power units and landing gear, plus unit leasing

CORE47.9%

Heat transfer component MRO

repair, overhaul and remanufacture of heat transfer units, with some manufacturing included

SIGNIFICANT24%

OEM heat transfer and accessory manufacturing

designing and manufacturing heat exchangers, cooling systems, valves and pumps

SIGNIFICANT23%

Jet engine component overhaul and coating

overhaul and coating of turbine, compressor and fan blades and vanes

PERIPHERAL5.1%

End Markets

Commercial airlines and air cargo carriers
Aircraft manufacturers
System integrators and defense contractors
Aircraft maintenance service centers
Armed forces and air forces

Specializations

FAA and EASA certified repair stationsOEM-authorized repair station statusDER and DOA approved engine component repairsCore matrix remanufacture of heat transfer unitsNADCAP certified welding, heat treating and non-destructive testingParts Manufacturer Approval under FAR 21.303+2 more

Activities

Design and engineering
Manufacturing
Maintenance, repair and overhaul
Remanufacture and surface coating
Equipment leasing