<SEC-DOCUMENT>0001178913-22-003646.txt : 20221018
<SEC-HEADER>0001178913-22-003646.hdr.sgml : 20221018
<ACCEPTANCE-DATETIME>20221018075121
ACCESSION NUMBER:		0001178913-22-003646
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20221018
FILED AS OF DATE:		20221018
DATE AS OF CHANGE:		20221018

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:		221314908

	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>zk2228566.htm
<DESCRIPTION>6-K
<TEXT>
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      <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>
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        <hr align="center" style="height: 1px; width: 20%; color: #000000; background-color: #000000; margin-left: auto; margin-right: auto; border: none;"> </div>
      <div style="line-height: 1.25;"><br style="line-height: 1.25;">
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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;">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;October 2022</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;">(Name of Registrant)</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;<font style="font-weight: bold;">Giborei Israel 7, Netanya 4250407,
          Israel</font></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 style="font-family: 'Times New Roman',Times,serif; font-weight: bold;">Form 20-F &#9746;<font style="width: 9pt; font-size: 1px; display: inline-block;" class="HorizontalTab"> </font>Form 40-F &#9744;</font></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;</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;</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="line-height: 1.25;"><br style="line-height: 1.25;">
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      <div style="text-align: center; line-height: 1.25;"><font style="font-weight: bold;">Yes &#9744;<font style="width: 9pt; font-size: 1px; display: inline-block;" class="HorizontalTab"> </font>No &#9746;</font></div>
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      </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;"> <br>
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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="z1ccd9bb26d214ce49233727e628482fe" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

          <tr>
            <td style="width: 36pt; vertical-align: top;">1.</td>
            <td style="width: auto; vertical-align: top;">
              <div>Press Release dated October 18, 2022 re TAT Technologies Ltd. announces the signing of a contract expansion with Collins Aerospace.</div>
            </td>
          </tr>

      </table>
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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;">
      </div>
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            <td style="width: 99.53%; vertical-align: middle;">
              <div style="line-height: 1.25; font-weight: bold;">Press Release</div>
            </td>
            <td style="width: 0.47%; vertical-align: middle;">&#160;</td>
          </tr>

      </table>
      <div style="line-height: 1.25;"><br style="line-height: 1.25;">
      </div>
      <div style="line-height: 1.25;">
        <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;">TAT Technologies announces the signing of a contract </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;">expansion with Collins Aerospace</div>
        <div style="line-height: 1.25">&#160;</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;">The contract will include Maintenance Repair and Overhaul </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;">services (MRO) for Boeing 777 thermal components.</div>
        <div style="line-height: 1.25">&#160;</div>
      </div>
      <div style="line-height: 1.25;">
        <div style="line-height: 1.25; font-weight: bold;">The additional annual revenue from the
            contract expansion is estimated at $6&#160;million per year.</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;">Netanya, Israel, October 18, 2022 &#8211; TAT Technologies Ltd. (TASE: TAT Tech, NASDAQ: TATT), a leading supplier of products and
          services for the commercial and military aviation industries and the ground defense industries, announces a significant contract expansion with Collins Aerospace.</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;"><font style="font-weight: bold;">Limco Airepair (Limco)</font>, a
          wholly owned subsidiary of TAT located in Tulsa, Oklahoma, which specializes in Maintenance Repair and Overhaul (MRO) services for heat transfer components and OEM production of heat transfer solutions, today reports the signing of a significant
          contract expansion with Collins Aerospace, for the provision of MRO services for Boeing 777 thermal components.</div>
        <div style="line-height: 1.25">&#160;</div>
        <div style="text-align: justify; line-height: 1.25;">This is an expansion of an existing successful partnership for over 20 years between the companies, where Limco Airepair is
          providing MRO services to Collins&#8217; customers in North America.</div>
        <div style="line-height: 1.25">&#160;</div>
      </div>
      <div style="line-height: 1.25;">
        <div style="line-height: 1.25;">The contract will expand the scope of services to be provided to Collins&#8217; customers worldwide. The contract expansion represents
          potential additional revenues of $6 million per year.</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;"><font style="font-weight: bold;">Igal Zamir, CEO of TAT</font>: &#8220;Our
          long term strategy of partnering with large global aerospace providers proves itself once again. We are proud to be part of Collins&#8217; preferred suppliers for MRO activity. This new contract will leverage our relationship to a higher stage and is a
          perfect match to our strategic investments in Limco, building it as the largest independent Aerospace Thermal Components OEM &amp; MRO service provider in the world. The contract will start to yield revenues this year.&#8221;</div>
      </div>
      <div style="line-height: 1.25;">
        <div style="text-align: right; line-height: 1.25;">&#160;</div>
      </div>
      <div style="text-align: justify; line-height: 1.25;">Located in Tulsa, Oklahoma, <font style="font-weight: bold;">Limco </font>is
        a<font style="font-weight: bold;">&#160;</font>FAA-certified repair station provides MRO services for airlines, air cargo carriers, maintenance service centers and the military, especially
        for heat transfer components. In addition to its MRO services, Limco is an OEM of heat transfer solutions for aircraft and system manufacturers and other selected related products. During 2021 TAT started a strategic transaction to combine all of
        TAT&#8217;s heat transfer solutions, both MRO and OEM, to one place in Tulsa Oklahoma. As part of it, TAT intends to establish its global R&amp;D center in the US. This will enable Limco to provide end-to-end solution to aircraft and system manufacturers
        from design to OEM production and MRO aftermarket services.&#160; Limco has received several incentives from the state of Oklahoma to support its entire investments, capability ramp up and rapid increase in manpower to support its rapidly growing
        activity.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; line-height: 1.25;">Limco&#8217;s assessment of the contract expansion may include predictions, estimates or other information that might be considered
        forward-looking. While these forward-looking statements represent our current judgment on the future environment, they are subject to risks and uncertainties that could cause actual results to differ materially. You are cautioned not to place undue
        reliance on these forward-looking statements, which reflect our opinions only as of the date of this release.&#160;</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-weight: normal; font-style: normal;" class="BRPFPageNumber">3</font></div>
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        <div style="line-height: 1.25;"><br style="line-height: 1.25;">
        </div>
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      <div style="line-height: 1.25;">
        <div style="text-align: justify; line-height: 1.25; font-weight: bold;">About TAT Technologies LTD</div>
        <div style="text-align: justify; line-height: 1.25;">&#160;</div>
        <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="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 style="line-height: 1.25;"><br style="line-height: 1.25;">
        </div>
        <div style="text-align: justify; line-height: 1.25;">For more information of TAT Technologies Ltd., please visit our web-site:</div>
        <div style="text-align: justify; line-height: 1.25;">www.tat-technologies.com</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; 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="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-weight: normal; font-style: normal;" class="BRPFPageNumber">4</font></div>
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      <div style="text-align: justify; 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="line-height: 1.25;"><br style="line-height: 1.25;">
      </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>
      <div style="line-height: 1.25;"><br style="line-height: 1.25;">
      </div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
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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;">
      </div>
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          <tr>
            <td style="width: 50%; vertical-align: top;">&#160;</td>
            <td style="vertical-align: top;" colspan="2">
              <div style="line-height: 1.25;"><u>TAT TECHNOLOGIES LTD.</u></div>
            </td>
            <td style="width: 20%; vertical-align: top;">&#160;</td>
          </tr>
          <tr>
            <td style="width: 50%; vertical-align: top;">&#160;</td>
            <td style="width: 3%; vertical-align: top;">&#160;</td>
            <td style="width: 27%; vertical-align: top;">
              <div style="line-height: 1.25;">(Registrant)</div>
            </td>
            <td style="width: 20%; vertical-align: top;">&#160;</td>
          </tr>
          <tr>
            <td style="width: 50%; vertical-align: top;">&#160;</td>
            <td style="width: 3%; vertical-align: top;">&#160;</td>
            <td style="width: 27%; vertical-align: top;">&#160;</td>
            <td style="width: 20%; vertical-align: top;">&#160;</td>
          </tr>
          <tr>
            <td style="width: 50%; vertical-align: top;">&#160;</td>
            <td style="width: 3%; vertical-align: top;">
              <div style="line-height: 1.25;">By:</div>
            </td>
            <td style="width: 27%; vertical-align: top; border-bottom: 2px solid black;">
              <div style="line-height: 1.25;">/s/ Ehud Ben-Yair</div>
            </td>
            <td style="width: 20%; vertical-align: top;">&#160;</td>
          </tr>
          <tr>
            <td style="width: 50%; vertical-align: top;">&#160;</td>
            <td style="width: 3%; vertical-align: top;">&#160;</td>
            <td style="width: 27%; vertical-align: top;">
              <div style="line-height: 1.25;">Ehud Ben-Yair</div>
            </td>
            <td style="width: 20%; vertical-align: top;">&#160;</td>
          </tr>
          <tr>
            <td style="width: 50%; vertical-align: top;">&#160;</td>
            <td style="width: 3%; vertical-align: top;">&#160;</td>
            <td style="width: 27%; vertical-align: top;">
              <div style="line-height: 1.25;">Chief Financial Officer</div>
            </td>
            <td style="width: 20%; vertical-align: top;">&#160;</td>
          </tr>
          <tr>
            <td style="width: 50%; vertical-align: top;">&#160;</td>
            <td style="width: 3%; vertical-align: top;">&#160;</td>
            <td style="width: 27%; vertical-align: top;">&#160;</td>
            <td style="width: 20%; vertical-align: top;">&#160;</td>
          </tr>

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      </div>
      <div style="line-height: 1.25;">Date: October 18, 2022</div>
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