EX-99.1 2 exhibit_99-1.htm EXHIBIT 99.1

Exhibit 99.1

Looking Forward Statements This presentation may contain certain forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Generally, the words “expects,” “anticipates,” “targets,” “goals,” “projects,” “intends,” “plans,” “believes,” “seeks,” “estimates,” variations of such words and similar expressions identify forward-looking statements and any statements regarding TAT’s future financial condition, results of operations and business are also forward-looking statements. These forward-looking statements involve certain risks and uncertainties. Factors that could cause actual results to differ materially from those contemplated by the forward-looking statements include, among others, the following factors: continued compliance with government regulations; competition in the industry in which TAT does business; TAT’s business strategy and plans; exchange rate fluctuations; general economic conditions; and political, economic and military conditions in Israel.Any forward-looking statements in this presentation are not guarantees of future performance, and actual results, developments and business decisions may differ from those contemplated by those forward-looking statements, possibly materially. Except as otherwise required by applicable law, TAT disclaims any duty to update any forward-looking statements.Additional discussions of risks and uncertainties that may affect the accuracy of forward-looking statements included in this presentation or which may otherwise affect TAT’s business is included under the heading “RISK FACTORS” in TAT’s filings on Forms 20-F and 6-K, which are filed from time to time.

TAT – Key Facts > 500 customers.LTA worth $220M 600 Employees 5 Production Sites 107 M$ Annual Turnover in 2017 7 Decades within the A&D Industry

TAT Technologies Group Established in 1969, TAT Technologies Group is a global provider of cutting edge aerospace commercial and defense OEM and MRO solutions. We partner with our customers to design, development, manufacture and service of the following:Aerospace thermal management solutionsEnvironmental control systemsLanding gearsAuxiliary power units (APU)Engine blades and vanesAircraft accessoriesOur services are customized, cost effective and delivered within a short turnaround time. Some of the world’s leading OEMs, airlines, air forces and defense organizations rely on us to ensure effective operation of their fleets and mission critical systems.

TAT Technologies Products and services samples Oil Coolers Heat Exchangers Fuel submerged HX Electronic devices cooling system ECU APU Landing Gear Fuel System Accessories Blades Design, manufacturing and MRO services for Thermal Management solutions MRO services for Power and Actuation solutions

Global Presence Tulsa, Oklahoma________Thermal Management Greensboro, North Carolina________Power and Actuation APU, LG, MPG Rio, Brazil________Thermal Management Kiryat-Gat, Israel________Power and Actuation Engine Blades Gedera, Israel________Thermal Management Novosibirsk, Russia ________Thermal Management

Business Breakdown

Top Management Mr. Amos Malka Mr. Igal Zamir Mr. Ehud Ben Yair Chairman of the BoardIn position, since June 2016 President & CEOIn position, since April 2016 CFOIn position, since May 2018 Maj. Gen. (ret.) Former Head of the Israeli Defense Intelligence and Commander of the IDF Ground Forces Command. Retired in 2002. Prior experience: 2009-2013 – President at Mapco Express (subsidiary of Delek US Holdings Inc).2006-2009 – CEO at Metrolight Ltd.1997-2004 – CEO at Rostam Ltd. Prior experience:2016-2017 - CFO at SHL Telemedicine2013-2016 – CFO & Vice CEO at Opgal Optronics.2005-2012 – CFO & VP Finance at Orad Hi-Tech Systems. Founder and Chairman of Spire Security Solutions Ltd. and Nyotron Information Security Ltd. Previous Positions:2007-2015 – Chairman of the Board of Logic Industries Ltd.2007-2010 – Chairman of the Board of Plasan Sasa Ltd.2002-2005 – CEO at Elul Technologies Ltd.

TAT Technologies - Investment Highlights Major disruption in the Industry with Key players re-defining their roles and shift in “Power Play” Paying dividends TAT is a Thermal Management Solutions Global Market Leader TAT has Wide Power & Actuations Components Repair Capabilities New Defined StrategyOperations improvements TAT Gaining Momentum under new leadership team Major Growth in the Aviation Global Market

2017: Aerospace Market is Rapidly growing Aircraft Deliveries Rate is at Peak.Backlog Represents +7 Years of Production. *As of Dec 2017**Source: Oliver Wyman Global Fleet & MRO Market Forecasts *AIRBUS: 718 A/C Deliveries; 1,109 New A/C Orders; 7,265 A/C on *BacklogBOEING: 763 A/C Deliveries; 912 New A/C Orders; 5,864 A/C on *Backlog MRO is enjoying major growth due to increase in passenger traffic, low costs models and low fuel prices resulting in life extensions for old platforms. **2017-2027 – Total MRO Spend

Growth Expected to Continue Global Fleet Forecast 3.9% by 2020, additional 3.5% by 2025 2015-2025 Global Fleet Forecast – By Aircraft Class 0 5,000 10,000 15,000 20,000 25,000 30,000 35,000 40,000 23,927 29,003 34,408 2015 2015-2020CAGRS 2020 2020-2025CAGRS 2025 3.9% 3.5% Number of Aircraft *Source: Oliver Wyman Global Fleet & MRO Market Forecasts

Growth Expected to Continue MRO Market Growth 4.4% by 2020, additional 3.8% by 2025 2015-2025 Global MRO Market Size Forecast – By MRO Segment $0 $20 $40 $60 $80 $100 $120 MRO Spend ($USB) $67.1 $83.2 $100.4 2015 2015-2020CAGRS 2020 2020-2025CAGRS 2025 4.4% 3.8% *Source: Oliver Wyman Global Fleet & MRO Market Forecasts

Significant Growth in APAC Source: Boeing 2016 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 16,000 18,000 64% 1995 48% 37% North America Europe Asia(excl. China) China Middle East Other 2015 2035 Passenger traffic (RPKs) billions APAC Aircraft Fleet is expected to double in the next 20 Years AIRBUS: APAC: 35% of Deliveries; America: 16% of Deliveries; Europe: 13% of Deliveries (By Value)BOEING: APAC: 25% of Deliveries (By Value); 40% of A/C Backlog

Significant New Aircraft Growth 2016 - 2035 39,620 New airplanes2016 to 2035 Region New Airplanes Asia North America Europe Middle East Latin America Africa CIS Total 15,130 8,330 7,570 3,310 2,960 1,150 1,170 39,620 Source: Boeing 2016

The Potential

Major Changes In The Market Demand for New Technologies.Shorter Design Cycle Market Pressure to Reduce Cost of Ownership Massive Competition in the Engines Field.Fuel Efficiency Vs. Reliability Owner Operators Require Local Support Globally Stretched Supply Chain. Dependency on Systems Suppliers

Aircraft Manufacturers Targeting MRO $ Aircraft Manufacturers Targeting Aftermarket MRO Revenues Separation of Large Systems to Components The Current Balance Aircraft manufacturers- System’s OEM- Maintenance Will Change Life Extension Programs for Military Platforms

We Keep Our Customers Flying 5 largest customers, present 19.7% revenue Working with More than 50 major Airlines More than 300 Customers

Thermal Management Design, manufacturing and MRO services for Thermal Management solutions Cold Plates Oil Coolers Heat Exchangers Fuel submerged HX Electronic devices cooling system ECU 52% of 2017 revenue, 13% EBITDA

Thermal Management Solutions Hydraulic System:Fuel Submerged Oil CoolersFuel-cooled Oil Coolers APU:Air-cooled Oil CoolersConformal Air-cooled Oil Coolers Environmental Control System:PrecoolersCondensersReheaters Galley:Air Chillers Power Electronics:Cold Plates (PAO)Liquid-Cooled Heat Exchangers Power Plant:Air-cooled Oil CoolersFuel-Oil Heat ExchangersConformal Air-cooled Oil Coolers Fuel Inerting System:Air-cooled Air Coolers

Thermal Management Differentiation Global Market Leader & Local Presence at Key Markets Technology Leadership & Innovation Short Turn Around Time Cost Effective & Competitive Offering Deep Market Expertise Strategic Partnership 7 Decades of Experience, Combined with flexibility according to customer needs

Design, manufacturing and MRO services for Power and Actuation solutions Power and Actuation ECS Accessories Cooling Systems Accessories Pumps APU Landing Gear Fuel System Accessories Blades 48% of 2017 revenue, 4.4% EBITDA

Power & Actuation Differentiation Working with More than 150 Platforms Highly Experienced Team of Professionals 24/7 Incomparable Turn-Around-Time Reputable Customer Base

New Strategy & Growth Drivers OEMExpand existing relationships Creating long-term partnerships with leading customers Transition from 4 companies operating independently, to one global operation company Global Service Centers Network, Close to Customers Expansion Business Model M&A Global Synergies, to maximize Efficiency MROCapabilities MilitarySupport SLAP programOEM partnerships

FINANCE

Consolidated Financial Results - Annual

Thermal Management 2015 - 2017 $ Thousands Revenue 44,736 47,230 55,108 Gross Margin 27.4% 26.1% 23.9% Operating Income (loss) 5,267 4,496 5,075 EBITDA 6,906 6,513 7,145 EBITDA % 15.4% 13.8% 13.0% 2015 2016 2017 Although the Company operates four business segments, as currently set forth in the Company's Annual Report on Form 20-F, the information on this slide presents an alternative economic analysis of the company's operations for the benefit of current and prospective investors.

Power & Actuation 2015 - 2017 * 2015 – Excluding Turbochrome acquisition results (OPEX) $ Thousands Revenue 40,871 48,559 51,419 Gross Margin 3.5% 13.8% 14.1% Operating Income (loss) (3,863) (348) 205 EBITDA (3,350) 1,331 2,252 EBITDA % (8.2%) 2.7% 4.4% *2015 2016 2017 Although the Company operates four business segments, as currently set forth in the Company's Annual Report on Form 20-F, the information on this slide presents an alternative economic analysis of the company's operations for the benefit of current and prospective investors.

Strong Balance Sheet Cash Flow Highlights:$6M dividend distributed in 2016 & 2017 ($7M gross).$5M investments in new facility and new company. $ Thousands Cash and Deposits 17,984 Working Capital 67,042 Total Assets 111,995 Debt 0 Equity 88,574 2017

Potential Growth - Highlights Major Growth in the Aviation Global Market TAT is a Leading Player in the Global Thermal Management Market TAT is Moving Towards Organizational Improvements and Changes New Management and New Strategy New Opportunities

Thank You

Appendix

Commercial Platforms AIRBUS Bombardier BOEING CESSNA ATR PILATUS SUKHOI EMBRAER A300A310A319A320A321A330 737747767777 CRJ CJ-3CJ-4Citation-XCaravan 4272 PC-12 Super Jet ERJ145ERJ170ERJ190

Defense Platforms BOEING LOCKHEED MARTIN SIKORSKY IRON DOME F-15V22F-18AH-64CH-47 F-16 CH-53UH-60

TAT Companies Presidents Dr. Yair Raz Mr. Jeff Lambert Mr. Nimrod Ruby Mr. Mickey Chen TAT LimcoPresident TAT PiedmontPresident TAT GederaPresident TAT TurbochromePresident Dr. Raz has been the President of Limco at TAT Technologies group since November 2012.Dr. Raz has over 35 years of experience in the global aviation industry, and in the past, Dr. Raz held significant leadership positions both at “PCI, a Pratt & Whitney JV “ and “Piedmont Aviation”. Mr. Ruby has been the president of Gedera at TAT Technologies group, since 2017.Mr. Ruby has over 20 years of experience in Operations Management and senior Management from companies such as “Tosaf Compounds” and “AVGOL”.Mr. Ruby holds an Industrial Engineering and MBA degrees, both from Tel-Aviv University. Mr. Chen has been the president of Turbochrome at TAT Technologies group, since January 2018. With more than 20 years of experience working in the Hi-Tech industries for International companies, Mr. Chen has managed large multidisciplinary global cross functional teams of R&D, engineering, operations and business development for highly innovative, disruptive technologies in the Cleantech space and advanced Electro-Optic systems in the Defense market. Mr. Lambert has been the president of Piedmont at TAT Technologies group, since January 2018. Prior to joining TAT, Mr. Lambert served as Vice President & General Manager at Rockwell Collins, Sonora Mexico.Mr. Lambert also served as General Manager with UTC Aerospace Systems, North Carolina, at just 33 years of age.