<SEC-DOCUMENT>0001178913-21-002203.txt : 20210701
<SEC-HEADER>0001178913-21-002203.hdr.sgml : 20210701
<ACCEPTANCE-DATETIME>20210701161039
ACCESSION NUMBER:		0001178913-21-002203
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20210701
FILED AS OF DATE:		20210701
DATE AS OF CHANGE:		20210701

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:		211065954

	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>zk2126256.htm
<DESCRIPTION>6-K
<TEXT>
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    <div style="text-align: center; line-height: 1.25; font-family: 'Times New Roman',Times,serif; font-size: 14pt; font-weight: bold; background-color: rgb(255, 255, 255); color: rgb(0, 0, 0); font-style: normal; font-variant: normal; text-transform: none;">SECURITIES AND EXCHANGE COMMISSION</div>
    <div style="text-align: center; line-height: 1.25; font-weight: bold;">Washington, D.C.&#160; 20549</div>
    <div style="text-align: center; line-height: 1.25;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<br style="line-height: 1.25;">
    </div>
    <div style="text-align: center; line-height: 1.25; font-family: 'Times New Roman',Times,serif; font-size: 14pt; font-weight: bold; background-color: rgb(255, 255, 255); color: rgb(0, 0, 0); font-style: normal; font-variant: normal; text-transform: none;">F O R M 6-K</div>
    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
    </div>
    <div style="text-align: center; line-height: 1.25; font-weight: bold;">REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 </div>
    <div style="text-align: center; line-height: 1.25; font-weight: bold;">UNDER THE SECURITIES EXCHANGE ACT OF 1934</div>
    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
    </div>
    <div style="text-align: center; line-height: 1.25; font-weight: bold;">For the month of&#160;July 2021</div>
    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
    </div>
    <div style="text-align: center; line-height: 1.25; font-family: 'Times New Roman',Times,serif; font-size: 16pt; font-weight: bold; background-color: rgb(255, 255, 255); color: rgb(0, 0, 0); font-style: normal; font-variant: normal; text-transform: none;">TAT TECHNOLOGIES LTD.</div>
    <div style="text-align: center; line-height: 1.25;">(NASDAQ: TATT)</div>
    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
    </div>
    <div style="text-align: center; line-height: 1.25;">&#160;&#160;&#160;&#160;&#160;&#160;P.O.BOX 80, Gedera 70750 Israel</div>
    <div style="text-align: center; line-height: 1.25;">(Address of Principal Executive Office)</div>
    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
    </div>
    <div style="text-indent: 72pt; line-height: 1.25; font-weight: bold;">Indicate by check mark whether the registrant files or will file annual reports under cover of Form
      20-F or Form 40-F.</div>
    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
    </div>
    <div style="text-align: center; line-height: 1.25; font-family: 'Times New Roman',Times,serif;"><font style="font-weight: bold;">Form 20-F &#9746;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Form 40-F &#9744;</font> <br>
    </div>
    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
    </div>
    <div style="text-indent: 72pt; line-height: 1.25; font-weight: bold;">Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by
      Regulation S-T Rule 101(b)(1): &#9744; <br>
    </div>
    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
    </div>
    <div style="text-indent: 72pt; line-height: 1.25; font-weight: bold;">Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by
      Regulation S-T Rule 101(b)(7): &#9744; <br>
    </div>
    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
    </div>
    <div style="text-indent: 72pt; line-height: 1.25; font-weight: bold;">Indicate by check mark whether by furnishing the information contained in this Form, the registrant
      is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.</div>
    <div style="text-align: center; line-height: 1.25;"><font style="font-weight: bold;"> <br>
      </font></div>
    <div style="text-align: center; line-height: 1.25;"><font style="font-weight: bold;">Yes &#9744; &#160;&#160;</font> &#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="font-weight: bold;"> No &#9746;<br>
      </font></div>
    <div style="text-align: center; line-height: 1.25;"><font style="font-weight: bold;"> <br>
      </font></div>
    <div style="text-indent: 72pt; line-height: 1.25; font-weight: bold;">If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule
      12g3-2(b): 82- ____________</div>
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    <div style="text-align: center; line-height: 1.25; font-weight: bold;">TAT Technologies Ltd.</div>
    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
    </div>
    <div style="line-height: 1.25;">6-K Items</div>
    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
    </div>
    <table cellspacing="0" cellpadding="0" id="z95f821cb97c2448182d66f6e4342886f" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

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          <td style="width: 36pt; vertical-align: top; align: right;">1.</td>
          <td style="width: auto; vertical-align: top;">
            <div>Press Release dated July 1st, 2021, re TAT Technologies Ltd. Reports a new MRO Partnership with Honeywell.</div>
          </td>
        </tr>

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    <div style="text-align: right; line-height: 1.25;">ITEM 1</div>
    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
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            <div style="line-height: 1.25; font-weight: bold;">Press Release</div>
          </td>
          <td style="width: 71.33%; vertical-align: middle;">
            <div style="text-align: right; line-height: 1.25;">Source: TAT Technologies Limited</div>
          </td>
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    </div>
    <div style="line-height: 1.25; background-color: rgb(255, 255, 255); font-weight: bold; color: rgb(0, 0, 0); font-family: 'Times New Roman',Times,serif; font-size: 12pt; font-style: normal; font-variant: normal; text-transform: none;">
      <div style="text-align: center; line-height: 1.25;">TAT Technologies Reports a New MRO Partnership with Honeywell.</div>
    </div>
    <div style="line-height: 1.25;">
      <div style="line-height: 1.25;"><br style="line-height: 1.25;">
      </div>
    </div>
    <div style="line-height: 1.25;">TAT Technologies Ltd. is pleased to announce that TAT Piedmont, a fully owned subsidiary, signed an additional new strategic MRO and lease
      agreement with Honeywell for the maintenance repair and overhaul of Honywell&#8217;s 131 Series of Auxiliary Power Units.</div>
    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
    </div>
    <div style="line-height: 1.25;">The 131 Series is the leading APU manufactured by Honeywell and serves the Boeing 737 and Airbus 319/320/321 among other aircraft types
      with over 16,000 engines worldwide and additional units to be produced in the future.</div>
    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
    </div>
    <div style="line-height: 1.25;">Igal Zamir, CEO and President of TAT Technologies, stated: "The 131 Series APU is the most common APU in the world. The Company believes
      that due to the execution of the new strategic agreement with Honeywell, its addressable market size in the MRO segment is expected to grow in a substantial manner, and therefore opens the door to TAT for potentially significant revenue growth in the
      MRO segment. Over the last nine months TAT signed several strategic long-term contracts with Honeywell which position TAT as a key global authorized vendor for the maintenance repair and overhaul as well as leasing of Honeywell's APU.&#8221;</div>
    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
    </div>
    <div style="line-height: 1.25;">The combined contracts which include the 36, 85/95, 331-200/250, 331-500 (MRO and Lease bank) and now the 131 Series APUs (MRO and Lease),
      enable TAT to offer its services to numerous airlines and aircraft platforms which are expected to be in operations in the coming decade. &#8220;We expect to see a major increase in revenues in the coming years as the industry will recover from COVID19,&#8221;
      Zamir said.</div>
    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
    </div>
    <div style="line-height: 1.25;">
      <div style="line-height: 1.25; font-weight: bold;">About TAT Technologies LTD</div>
      <div style="line-height: 1.25;">&#160;</div>
    </div>
    <div style="line-height: 1.25;">
      <div style="text-align: justify; line-height: 1.25;">TAT Technologies Ltd. is a leading provider of services and products to the commercial and military aerospace and ground defense
        industries. TAT operates under four segments: (i) Original equipment manufacturing (&#8220;OEM&#8221;) of heat transfer solutions and aviation accessories through its Gedera facility; (ii) MRO services for heat transfer components and OEM of heat transfer
        solutions through its Limco subsidiary; (iii) MRO services for aviation components through its Piedmont subsidiary; and (iv) Overhaul and coating of jet engine components through its Turbochrome subsidiary. TAT controlling shareholders is the FIMI
        Private Equity Fund.</div>
      <div style="line-height: 1.25;"><br style="line-height: 1.25;">
      </div>
      <div style="text-align: justify; line-height: 1.25;">TAT&#8217;s activities in the area of OEM of heat transfer solutions and aviation accessories primarily include the design, development and
        manufacture of (i) broad range of heat transfer solutions, such as pre-coolers heat exchangers and oil/fuel hydraulic heat exchangers, used in mechanical and electronic systems on board commercial, military and business aircraft; (ii) environmental
        control and power electronics cooling systems installed on board aircraft in and ground applications; and (iii) a variety of other mechanical aircraft accessories and systems such as pumps, valves, and turbine power units.</div>
      <div style="text-align: justify; line-height: 1.25;"> <br>
      </div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" id="DSPFPageBreakArea">
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      <div style="line-height: 1.25;"><br style="line-height: 1.25;">
      </div>
      <div style="text-align: justify; line-height: 1.25;">TAT&#8217;s activities in the area of MRO Services for heat transfer components and OEM of heat transfer solutions primarily include the MRO
        of heat transfer components and to a lesser extent, the manufacturing of certain heat transfer solutions. TAT&#8217;s Limco subsidiary operates an FAA-certified repair station, which provides heat transfer MRO services for airlines, air cargo carriers,
        maintenance service centers and the military.</div>
      <div style="line-height: 1.25;"><br style="line-height: 1.25;">
      </div>
      <div style="text-align: justify; line-height: 1.25;">TAT&#8217;s activities in the area of MRO services for aviation components include the MRO of APUs, landing gears and other aircraft
        components. TAT&#8217;s Piedmont subsidiary operates an FAA-certified repair station, which provides aircraft component MRO services for airlines, air cargo carriers, maintenance service centers and the military.</div>
      <div style="line-height: 1.25;"><br style="line-height: 1.25;">
      </div>
      <div style="text-align: justify; line-height: 1.25;">TAT&#8217;s activities in the area of overhaul and coating of jet engine components includes the overhaul and coating of jet engine
        components, including turbine vanes and blades, fan blades, variable inlet guide vanes and afterburner flaps.</div>
    </div>
    <div style="line-height: 1.25;">
      <div style="line-height: 1.25;"><br style="line-height: 1.25;">
      </div>
      <div style="line-height: 1.25;">For more information of TAT Technologies Ltd., please visit our web-site:</div>
      <div style="line-height: 1.25;"><u>www.tat-technologies.com</u></div>
      <div style="line-height: 1.25;"><br style="line-height: 1.25;">
      </div>
      <div style="line-height: 1.25; font-weight: bold;">Contact:</div>
    </div>
    <div style="line-height: 1.25;">Mr. Ehud Ben-Yair</div>
    <div style="line-height: 1.25;">Chief Financial Officer</div>
    <div style="line-height: 1.25;">Tel: 972-8-862-8503</div>
    <div style="line-height: 1.25;">
      <div style="line-height: 1.25;">ehudb@tat-technologies.com</div>
    </div>
    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
    </div>
    <div style="text-align: justify; line-height: 1.25; font-weight: bold;">Safe Harbor for Forward-Looking Statements</div>
    <div style="text-align: justify; line-height: 1.25;">This press release contains forward-looking statements which include, without limitation, statements regarding possible or assumed
      future operation results. These statements are hereby identified as "forward-looking statements" for purposes of the safe harbor provided by the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve risks and
      uncertainties that could cause our results to differ materially from management's current expectations. Actual results and performance can also be influenced by other risks that we face in running our operations including, but are not limited to,
      general business conditions in the airline industry, changes in demand for our services and products, the timing and amount or cancellation of orders, the price and continuity of supply of component parts used in our operations, the change of control
      that will occur on the sale by the receiver of the Company&#8217;s shares held by our previously controlling stockholders, and other risks detailed from time to time in the Company's filings with the Securities Exchange Commission, including, its annual
      report on form 20-F and its periodic reports on form 6-K. These documents contain and identify other important factors that could cause actual results to differ materially from those contained in our projections or forward-looking statements.
      Stockholders and other readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date on which they are made. We undertake no obligation to update publicly or revise any forward-looking
      statement.</div>
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    </div>
    <div style="text-align: center; line-height: 1.25;">SIGNATURE</div>
    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
    </div>
    <div style="text-align: justify; text-indent: 36pt; line-height: 1.25;">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.</div>
    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
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              <div>
                <div style="text-align: left; line-height: 1.25; font-family: 'Times New Roman',Times,serif;"><u>TAT TECHNOLOGIES LTD.</u></div>
                <div style="text-align: left; line-height: 1.25; font-family: 'Times New Roman',Times,serif;">(Registrant)</div>
                <div style="line-height: 1.25;"><br style="line-height: 1.25;">
                </div>
                <div style="text-align: left; line-height: 1.25; font-family: 'Times New Roman',Times,serif;">By: <u>/s/ Ehud Ben-Yair</u></div>
                <div style="text-align: left; line-height: 1.25; font-family: 'Times New Roman',Times,serif;">&#160;&#160;&#160;&#160;&#160;&#160; Ehud Ben-Yair</div>
                <div style="text-align: left; line-height: 1.25; font-family: 'Times New Roman',Times,serif;">&#160;&#160;&#160;&#160;&#160;&#160; Chief Financial Officer</div>
              </div>
            </td>
          </tr>

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    </div>
    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
    </div>
    <div style="line-height: 1.25;">Date: July 1st, 2021</div>
    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
    </div>
    <div style="line-height: 1.25; text-align: center;">5<br style="line-height: 1.25;">
    </div>
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