Foreign Filer Report • May 30, 2018
Foreign Filer Report
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Washington, D.C. 20549________________________
REPORT OF FOREIGN ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 OF THE SECURITIES EXCHANGE ACT OF 1934
For the month of May 2018________________________
(Translation of registrant's name into English)________________________
P.O.BOX 80, Gedera 70750 Israel (Address of registrant's principal executive office)
________________________
Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.
Form 20-F ý Form 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 the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes ☐No ý
If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82-____________ TAT Technologies Ltd.
6-K Item
99.1 Company Investor Presentation –May 2018
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 ("OEM") 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'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.
TAT'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'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.
TAT's activities in the area of MRO services for aviation components include the MRO of APUs, landing gears and other aircraft components. TAT'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.
TAT'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.
For more information of TAT Technologies Ltd., please visit our web-site: www.tat-technologies.com
Contact:
Ms. Inna Shpringer MARCOM Manager Tel: 972-8-862-8594 [email protected]
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'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.
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: May 30, 2018
May 2018
Technologies
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," "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 involve certain risks and uncertain 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 forwardlooking 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.


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:
Our 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.







2002-2005 - CEO at Elul Technologies Ltd.
Mr. Igal Zamir President & CEO In position, since April 2016
» 2009-2013 - President at Mapco Express (subsidiary of Delek US Holdings Inc).
ತ




TAT is a Thermal Management Solutions Global Market Leader

TAT has Wide Power & Actuations Components Repair Capabilities

Major disruption in the Industry with Key players re-defining their roles and shift in "Power Play"

New Defined Strategy Operations improvements

TAT Gaining Momentum under new leadership team

Paying dividends


Aircraft Deliveries Rate is at Peak. Backlog Represents +7 Years of Production.

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.

5,864 A/C on *Backlog
* As of Dec 2017 ** * Source: Oliver Wyman Global Fleet & MRO Market Forecasts



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

1147
Source: Boeing 2016





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





147


TAT



| \$ Thousands | 2015 | 2016 | 2017 |
|---|---|---|---|
| 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% |
Although the Company operates four business segmently set forth in the Company's Annual Report on Form 20-F, the information on this slide presents an altenative economic analysis of the company's operations for the benefit of current and prospective investors.

| \$ Thousands | *2015 | 2016 | 2017 |
|---|---|---|---|
| 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 - Excluding Turbochrome acquisition results (OPEX)
Although the Company operates four business segmently 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.

| 2017 | ||
|---|---|---|
| 17,984 | ||
| 67,042 | ||
| 111,995 | ||
| 0 | ||
| 88.574 | ||
Cash Flow Highlights: \$6M dividend distributed in 2016 & 2017 (\$7M gross). \$5M investments in new facility and new company.


Major Growth in the Aviation Global Market

TAT is a Leading Player in the Global Thermal Management Market

New Management and New Strategy
TAT is Moving Towards Organizational Improvements and Changes

New Opportunities







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