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TAT Technologies Ltd.

Foreign Filer Report Nov 11, 2021

7072_rns_2021-11-10_a0cfbc9b-7cef-4c8d-83e9-09b94c97c264.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 November 2021

TAT TECHNOLOGIES LTD.

(Name of Registrant)

P.O.BOX 80, Gedera 70750 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

Information regarding to Forward Looking Statements

This report contains forward-looking statements that involve substantial risks and uncertainties, including statements that are based on the current expectations and assumptions of the Company's management. All statements, other than statements of historical facts, included in this report regarding the Company's plans and objectives, expectations and assumptions of management are forward-looking statements. The use of certain words, including the words "estimate," "project," "intend," "expect," "believe" and similar expressions are intended to identify forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The Company may not actually achieve the plans, intentions or expectations disclosed in the forward-looking statements and you should not place undue reliance on the Company's forward-looking statements. Various important factors could cause actual results or events to differ materially from those that may be expressed or implied by the Company's forward-looking statements, including the impact of the COVID-19 pandemic on the Company's operations and projects, including in connection with steps taken by authorities in countries in which the Company operates, regulatory changes, changes in the supply and prices of resources.

These and other risks and uncertainties associated with the Company's business are described in greater detail in the filings the Company makes from time to time with Securities and Exchange Commission, including its Annual Report on Form 20-F. The forward-looking statements are made as of this date and the Company does not undertake any obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise.

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 99.1November 2021 Investor Presentation

2

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: November 10, 2021

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," "goals," "projects," "intends" "plans," "believes," "seeks," "estimates" variations of similar expressions identify forward-looking statements regarding TAT's future financial condition, results of operations and busing 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 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.

Global Presence

Business Breakdown

Top Management

TAT's shares are traded on Nasdaq and TASE with FIMI as main shareholder-59%

We Keep Our Customers Flying

Thermal Management

Thermal Management Solutions

Strategic change in the OEM market

· Commercial Aircraft manufacturers decided to decrease the dependency in system manufacturers and move their production capabilities to the components level, in order to reduce their cost.

· The fact that all other HX OEM manufacturers are part of very large organizations of system manufacturers, positions TAT for strategic cooperation with the Aircrafts manufacturers.

Thermal Management Offering

Short Turn Around Time

174

chnologie

Global Market Leader & Local Presence at Key Markets

Technology Leadership & Innovation

Cost Effective & Competitive Offering

Deep Market Expertise

Strategic Partnership

5 Decades of Experience, Combined with flexibility according to customer needs

Power and Actuation

Power & Actuation Offering

Honeywell strategic deals during 2020-21

TAT Piedmont is licensed to serve most of Honeywell's APUs and will gain full capabilities during 2022

TAT's estimates of market size do not, in any way, purport o prostimate of, TAT's market share or potential markets hare in these markets

Organizational changes and improved cost structure

Reducing the number of fully owned sites from 4 to 3reducing managerial complexity

100

Started Q1\ 2021 and expected to be completed by Q2\22

Creating a center of excellence in one strong facility dealing with Heat Exchange OEM and MRO capabilities

Estimates cost Saving of \$1.5-2M annually

The project is partially funded by the state of Oklahoma with cash incentives for the next 10 years

Future technological initiatives- growth potential

Aiming to partner with electrical aircraft manufacturers

Developing capabilities of 3D printing and conformal Heat Exchangers, responding to the market needs

Developing additional MRO capabilities in the areas of HX, APU, Blades and MPG

Consolidated Financial Results

During COVID the company suffered from decline in revenues mainly from commercial MRO while Defense and Cargo remained stable. Many parameters indicates that commercial aviation is shaping up. We are optimistic towards 2022

6.5 3.1 1.1 0 -1.2 -1 Q1-3/2021 2018 2019 2020 -2

Adjusted EBITDA in \$M

Balance Sheet

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