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TAT Technologies Ltd.

Foreign Filer Report Aug 31, 2023

7072_rns_2023-08-30_25f62dbf-a541-4952-95f4-74939abd9e75.pdf

Foreign Filer Report

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SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

F O R M 6-K

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of August 2023

TAT TECHNOLOGIES LTD.

(Name of Registrant)

Hamelacha 5, Netanya 4250407 Israel (Address of Principal Executive Office)

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

Form 20-FForm 40-F

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):

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):

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.

YesNo

If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82- ____________

TAT Technologies Ltd.

Explanatory Note

TAT Technologies Ltd. (the "Company") hereby furnishes its investors presentation, which is attached to this Form 6-K as Exhibit 99.1

Disclaimer

The information contained herein is only a summary, does not exhaust all the information about the Company and its Operations, and does not replace a review of the Company's Periodical and Annual Reports on Form 20-F and in other information which is filed and furnished with the Israel Securities Authority and the U.S. Securities and Exchange Commission. Material information regarding the Company which is included in this slide deck has been published to the public in the past as part of the Company's reporting. That said, the information or data presented may be presented in a different manner and/or segmentation from those previously furnished in the Company's Reports.

The presentation does not constitute or form part of any invitation or offer to invest or purchase the Company's securities and in particular does not constitute an "offer to the public" or "sale to the public" of any kind, the presentation is intended solely for the provision of information included in it and does not constitute a recommendation or opinion or a substitute for the judgment of an investor for any kind of decision and does not pretend to include all the information that may be relevant for the purpose of making any decision regarding the investment in the Company's securities and in general.

This presentation may include forward-looking information as defined in the Securities Law, 1968 and in the U.S. Private Securities Litigation Reform Act of 1995, including forecasts, goals, business strategy, evaluations and estimates regarding both the Company's activities and the markets in which it operates, as well as any other information, in any form in which it is presented, that relates for future events or matters, the realization of which is uncertain and not under the Company's control.

Any forward-looking information is based on current estimates and assumptions, among others, by the Company's management, which, although the Company believes are reasonable, are inherently uncertain and are partially based on subjective estimates. The realization or non-realization of the forward-looking information will be affected and depended on a variety of factors including, including the risk factors which are inherent to the Company's activity, third party decisions, including regulatory authorities and engagements with third parties, as well as by developments in the economic environment and the external factors which impact the Company's activity, which cannot be assessed in advance and are out of the Company's control. Actual results and achievements of the Company in the future may be materially different from those presented in the forward-looking information presented in this presentation. The Company does not undertake to update or change such a forecast or estimate in order to reflect events and/or reasons that will apply after the date of this presentation and does not undertake to update this presentation.

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Exhibit Index

This Report on Form 6-K of TAT Technologies Ltd. consists of the following document, which is attached hereto and incorporated by reference herein:

Exhibit 99.1 Investor Presentation

SIGNATURE

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, thereto duly authorized.

TAT TECHNOLOGIES LTD. (Registrant)

By: /s/ Ehud Ben-Yair Ehud Ben-Yair Chief Financial Officer

Date: August 30, 2023

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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" "targets" "goals" "projects," "intends," "plans," "believes," "seks," 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 forwardlooking statements. These forward-looking statements involve certainties. 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 which TAT does business; TAT's business strategy and plans; exchange rate fluctuations; 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.

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TAT UNIQUE PROPOSITION

EXPERIENCE AND EXPERTISE

Over 7 decades in defense and commercial aviation

DECADES OF EXCELLENCE

In MRO for Honeywell APU, Safran and Liebherr landing gears , and thermal components MRO

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THERMAL SOLUTION

Over 60 years of design, production and repair of heat transfer solutions

OVER 300 CUSTOMERS Partner with tier 1 aircraft

manufacturers, system integrators and airlines OVER \$400 MILLION Backlog and LTA

3 OPERATIONAL SITES Greensboro NC, Tulsa OK,

Kiryat Gat Israel

KEY STRATEGIC PRODUCT SEGMENTS

TOP MANAGEMENT

Amos Malka Chairman of the Board In position since June 2016

Maj. Gen. (ret.) Former Head of the Israeli Defense Intelligence and Commander of the IDF Ground Forces Command. Retired in 2002.

Previous Positions:

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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.

Mr. Igal Zamir President & CEO In position since April 2016

Previous Positions: 2009-2013 – President at Mapco Express (subsidiary of Delek US Holdings Inc). 2006-2009 - CEO at Metrolight Ltd. 1997-2004-CEO at Rostam Ltd.

Mr. Ehud Ben Yair CFO In position since May 2018

Previous Positions:

2016-2017 - CFO at SHL Telemedicine (SHLTN) 2013-2016 – CFO & Vice CEO at Opgal Optronics (Subsidiary of Elbit Systems and Rafael). 2005-2012 – CFO at Orad Hi-Tech Systems (OHT).

TAT IS DUALLY LISTED ON NASDAQ ("TATT") AND ON THE TEL- AVIV STOCK EXCHANGE (תתאת) . MAIN SHAREHOLDER: FIMI 59%

STRATEGIC SHIFT - KEY ELEMENTS 2020 - 2023

STRATEGIC SHIFTS TIMELINE-STARTED

HONEYWELL STRATEGIC AGREEMENTS DURING 2020-21

MRO FOR B757/767,C17 APU 1,500 AIRCRAFTS 10 years agreement Estimated annual market size of \$85M

SIGNED 09/2020

MRO FOR B777 APU CURRENTLY 1.600 AIRCRAFT AND PRODUCTION IS ONGOING 10 years agreement Estimated market size of \$145M Annually First customer launched in June\23

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SIGNED 12/2020

10 years agreement Annual estimated lease income of \$4.5M MRO FOR B737 & A 319-20-21 APU CURRENTLY 16,000 AIRCRAFT AND PRODUCTION IS SIGNED ONGOING 06/2021 10 years agreement

Estimated market size of over \$1,000M annually. Production readiness by Q3\23

18 ENGINES PURCHASED AS HONEYWELL

EXCLUSIVE ENGINE BANK FOR APU B777.

CURRENTLY 1,600 AIRCRAFTS AND PRODUCTION

TAT Piedmont is licensed to serve most of Honeywell's APUs installed in about 19,000 aircraftsand will gain full capabilities during 2023

INVESTOR'S PRESENTATION - AUGUST 2023

IS ONGOING.

SIGNED

12/2020

HONEYWELL STRATEGIC DEALS POTENTIAL

ENGINE PLATFORM CURRENT
YEARLY
MARKET SIZE
TAT'S
CURRENT
MARKET SHARE
MARKET SHARE
POTENTIAL
FOR THE COMING YEARS
331-20X B767,B757, C17 \$85M 29% 53% /
331-500 B777 \$145M NONE 10% /
131 B737, A319-21 \$1,000M NONE 5%

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REVENUE AND EBITDA GROWTH ENGINES FOR 2023-4

SEVERAL STRONG PILLARS WILL SUPPORT THE GROWTH IN REVENUE AND EBITDA:

Strong demand for products and services as the industry is ramping out of COVID- strong backlog coverage for 2023

Strong growth in APU331-200 for 2023 and 2024 - 2 major deals in the funnel

Growth from APU131and 331-500with improved profitability as we start penetrating the market

2 strategic deals for landing gears

Trading and Leasing

Improvements in cost structure led to a cost saving of \$1.5M annualy

Favorable exchange rate USD/NIS

NEW TECHNOLOGIES: LONG-TERM GROWTH POTENTIAL

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LATEST INVESTOR NEWS

INVESTOR'S PRESENTATION - AUGUST 2023

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BUSINESS BREAKDOWN

UPWARD TREND IN REVENUE AND EBITDA STARTED IN Q4/22

Bevenues -FBITDA

APPENDICES PRODUCT LINES AND SERVICES

THERMAL MANAGEMENT

DESIGN, MANUFACTURE (OEM) AND MRO SERVICES FOR THERMAL MANAGEMENT SOLUTIONS

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THERMAL MANAGEMENT SOLUTIONS

POWER AND ACTUATION

DESIGN, MANUFACTURING AND MRO SERVICES FOR POWER AND ACTUATION SOLUTIONS

APU

LAMDING GEARS

FUEL SYSTEM ACCESSORIES

ECS ACCESSORIES

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BLADES

COOLING SYSTEMS ACCESSORIES

INVESTOR'S PRESENTATION - AUGUST 2023

PUMPS

TATE

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