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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
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<SEC-DOCUMENT>0000909012-03-000594.txt : 20030818
<SEC-HEADER>0000909012-03-000594.hdr.sgml : 20030818
<ACCEPTANCE-DATETIME>20030818165400
ACCESSION NUMBER:		0000909012-03-000594
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20030801
FILED AS OF DATE:		20030818

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			TAT TECHNOLOGIES LTD
		CENTRAL INDEX KEY:			0000808439
		STANDARD INDUSTRIAL CLASSIFICATION:	AIRCRAFT ENGINES & ENGINE PARTS [3724]
		IRS NUMBER:				000000000
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-16050
		FILM NUMBER:		03853615

	BUSINESS ADDRESS:	
		STREET 1:		P.O. BOX 80
		CITY:			GEDERA ISRAEL
		STATE:			L3
		ZIP:			70750
		BUSINESS PHONE:		2127025962

	MAIL ADDRESS:	
		STREET 1:		P.O. BOX 80
		STREET 2:		445 PARK AVE SUMMIT ROVINS & FELDESMAN
		CITY:			GEDERA 70750 ISRAEL
		STATE:			L3

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	GALAGRAPH LIMITED
		DATE OF NAME CHANGE:	19920609
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>t300513.txt
<DESCRIPTION>TAT TECHNOLOGIES
<TEXT>


                                    FORM 6-K
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                        Report of Foreign Private Issuer

                        Pursuant to Rule 13a-16 or 15d-16
                     of the Securities Exchange Act of 1934




                          For the month of August 2003

                              TAT TECHNOLOGIES LTD.
             (Exact Name of Registrant as specified in its Charter)

                            P.O.BOX 80, GEDERA 70750
                                     ISRAEL
                    (Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports
under cover Form 20-F or Form 40-F. Form 20-F X Form 40-F__

Indicate by check mark whether the registrant by furnishing the information
contained in this Form is also thereby furnishing the information to the
Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes ___ No X

If "Yes" is marked, indicate below the file number assigned to the registrant in
connection with Rule 12g3-2(b): 82- Not applicable.



<PAGE>


Item1. Earnings for the second quarter ended June 30, 2003.

On August 12, 2003, TAT Technologies Limited (Nasdaq: TATTF - NEWS, TATWF -
NEWS), which is engaged in the manufacturing, repair and overhaul of heat
transfer equipment and other various accessories, mainly used in aircraft,
reported a net profit of $1,036,258 on sales of $8,166,306 during the second
quarter ended June 30, 2003, compared to a net profit of $1,098,443 on sales of
$ 6,659,826 for the same period of 2002. See Exhibit 99.1 attached hereto.

For the six months ended June 30, 2003, the company reported a net profit of
$1,999,435 on sales of $16,332,491 compared to a net profit of $1,946,789 on
sales of $12,523,718 for the same period of 2002.

Sales for the second quarter increased by 22.6% compared to the same quarter
last year.
The net profit, before tax, of the company for the quarter was 15.62% of sales
for the second quarter ended June 30, 2003.

Pursuant to the depletion of tax credits accumulated by the company in prior
years, the total income tax payment by the company and its subsidiaries for the
first six months of 2003 amounted to $564,235.

TAT, together with its subsidiaries, is principally engaged in the manufacture,
repair and overhaul of heat transfer equipment, such as heat exchangers,
precoolers and oil/fuel hydraulic coolers used in aircraft, defense systems,
electronic equipment and other applications. In addition the company
manufactures and overhauls aircraft accessories and systems such as pumps,
valves, Power Systems, Turbines, etc.


<PAGE>




                              TAT TECHNOLOGIES LTD.
                              ---------------------
                      CONSOLIDATED STATEMENTS OF OPERATIONS
                      -------------------------------------
                     (AMOUNTS IN THOUSANDS U.S $, UNAUDITED)
                     ---------------------------------------


<TABLE>
<CAPTION>

- ----------------------------------------- ------------------------------------ -------------------------------------
                                                        Six Months Ended                     Three Months Ended
                                                            June 30                              June 30
- ----------------------------------------- ------------------------------------ -------------------------------------
                                                     2003              2002               2003               2002
                                                      ($)               ($)                ($)                ($)
- ----------------------------------------- ----------------- ------------------ ------------------ ------------------
<S>                                              <C>                <C>                 <C>                <C>
Revenues                                            16,332             12,524              8,166              6,660
- ----------------------------------------- ----------------- ------------------ ------------------ ------------------
Gross Profit                                         5,785              4,717              2,923              2,440
- ----------------------------------------- ----------------- ------------------ ------------------ ------------------
R&d Expenses                                            64                 92                 32                 54
- ----------------------------------------- ----------------- ------------------ ------------------ ------------------
Other Income                                            95               (37)                 66                  7
- ----------------------------------------- ----------------- ------------------ ------------------ ------------------
Income from Operations before Income                 2,564              2,114              1,276              1,188
Taxes
- ----------------------------------------- ----------------- ------------------ ------------------ ------------------
Income Tax                                             564                167                240                 90
- ----------------------------------------- ----------------- ------------------ ------------------ ------------------
Net Income                                           1,999              1,947              1,036              1,098
- ----------------------------------------- ----------------- ------------------ ------------------ ------------------
Earnings Per Share                                 $  0.45             $ 0.44             $ 0.23             $ 0.25
- ----------------------------------------- ----------------- ------------------ ------------------ ------------------
Weighed Average Shares                           4,483,516          4,483,516          4,483,516          4,483,516
Outstanding
- ----------------------------------------- ----------------- ------------------ ------------------ ------------------
</TABLE>


                                   SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.

                                           TAT TECHNOLOGIES, LTD.


                                           By: /s/ Israel Ofen
                                           Name: Israel Offen
Date: August 18, 2003                      Title: Executive Vice President and
                                           Chief Financial Officer









<PAGE>

</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>3
<FILENAME>ex991.txt
<DESCRIPTION>PRESS RELEASE
<TEXT>


Exhibit 99.1


PRESS RELEASE                                   Source: TAT Technologies limited

TAT TECHNOLOGIES REPORTS SECOND QUARTER 2003 RESULTS
Tuesday August 12, 10:00 am ET


GEDERA, Israel, Aug. 12 /PRNewswire-FirstCall/ -- TAT Technologies limited
(Nasdaq: TATTF - NEWS, TATWF - NEWS), which is engaged in the manufacturing,
repairs and overhauls of heat transfer equipment and other various accessories
mainly used in aircraft, reported today a net profit of $1,036,258 on sales of
$8,166,306 gained in the second quarter ended June 30, 2003 compared to a net
profit of $1,098,443 on sales of $ 6,659,826 for the same period of 2002.

For the first six months the company reported a net profit of $1,999,435 on sale
of 16,332,491 compared to a net profit of $1,946,789 on sale of $12,523,718 for
the same period of 2002.


Sales for the second quarter increased by 22.6% compared to the same quarter
last year. The net profit, before tax, of the company for the quarter is 15.62%
of sales.


Pursuant to the depletion of tax credits accumulated by the company in former
years, the total income tax payment by the company and its subsidiary for the
first half of 2003 amounts to $564,235.


TAT, together with its subsidiaries, is principally engaged in the manufacture,
repair and overhaul of heat transfer equipment, such as heat exchangers,
precoolers and oil/fuel hydraulic coolers used in aircraft, defense systems,
electronic equipment and other applications. In addition the company
manufactures and overhauls aircraft accessories and systems such as pumps,
valves, Power Systems, Turbines, etc.

     AT THE COMPANY
     Mr. Israel Ofen
     Executive Vice-President and Chief Financial Officer
     011-972-8-859-5411


                            TAT TECHNOLOGIES LTD.
                    CONSOLIDATED STATEMENTS OF OPERATIONS
                   (Amounts in Thousands U.S. $, Unaudited)

                       Six Months Ended Three Months Ended

                                        June 30                 June 30
                                   2003        2002         2003        2002
                                   ----        ----         ----        ----
                                     ($)         ($)          ($)         ($)
    Revenues                     16,332      12,524        8,166       6,660
    Gross Profit                  5,785       4,717        2,923       2,440
    R&d Expenses                     64          92           32          54
    Other Income                     95         (37)          66           7
    Income from Operations
     before Income Taxes          2,564       2,114        1,276       1,188
    Income Tax                      564         167          240          90
    Net Income                    1,999       1,947        1,036       1,098
    Earnings Per Share            $0.45       $0.44        $0.23       $0.25
    Weighed Average Shares
     Outstanding              4,483,516   4,483,516    4,483,516   4,483,516




</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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