TAT Technologies

TAT Technologies signs a 5-year contract extension with a global air carrier for APU MRO services with an estimated revenues of $50 million

Retrieved on: 
Monday, February 6, 2023
APU, Piedmont, TAT, Airbus, Apus, B737, Boeing, Honeywell, Aviation, TAT Technologies, MRO, B777, A320, Piedmont Airlines (1948–1989), Partnership, C17, TASE, Airline

This contract extension is a result of a very successful partnership between the companies over the last 5 years.

Key Points: 
  • This contract extension is a result of a very successful partnership between the companies over the last 5 years.
  • As part of this contract, TAT will provide MRO services to the airline's GTCP331 model APUs.
  • TAT estimates revenues from this contract to be $50 million ($10 million per year).
  • By extending this contract, TAT Piedmont is now clearly the global market leader in MRO for the 331-series APU to the leading air carriers.

Thermal Management Market worth $19.3 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Thursday, January 5, 2023
Computer, Aerospace, USD, Growth, Investment, Suction, IGBT, Samsung Telecommunications, TAT Technologies, Polychlorinated biphenyl, Thyristor, Acrylic, Honeywell, Temperature, CO2, Tablet, Atmosphere, EMC, Medicine, Consumer electronics, Hardware, Mercury-vapor lamp, Power supply unit (computer), Absorption, Convection, Maintenance, UV, HVAC, Motor vehicle, Telecom, High, EVS, Software, MOSFET, Renewable energy, Printed circuit board, Adhesive, Application, Health care, Telecommunication, Automotive industry, Others, Electronics, Conveyor system, Geography

The rise in demand for thermal management is attributed to the increasing need for advanced heat dissipation solutions and thermal management components in consumer electronics and the growing use of miniature electronic devices.

Key Points: 
  • The rise in demand for thermal management is attributed to the increasing need for advanced heat dissipation solutions and thermal management components in consumer electronics and the growing use of miniature electronic devices.
  • The convection cooling devices segment accounted for the largest market share of ~45% in 2028.
  • Asia Pacific is expected to hold the largest share of ~41% of the thermal management market in 2028.
  • Flourishing chip manufacturing companies in countries such as China and South Korea are contributing to the growth of the thermal management market in Asia Pacific.

Thermal Management Market worth $19.3 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Thursday, January 5, 2023
Computer, Aerospace, USD, Growth, Investment, Suction, IGBT, Samsung Telecommunications, TAT Technologies, Polychlorinated biphenyl, Thyristor, Acrylic, Honeywell, Temperature, CO2, Tablet, Atmosphere, EMC, Medicine, Consumer electronics, Hardware, Mercury-vapor lamp, Power supply unit (computer), Absorption, Convection, Maintenance, UV, HVAC, Motor vehicle, Telecom, High, EVS, Software, MOSFET, Renewable energy, Printed circuit board, Adhesive, Application, Health care, Telecommunication, Automotive industry, Others, Electronics, Conveyor system, Geography

The rise in demand for thermal management is attributed to the increasing need for advanced heat dissipation solutions and thermal management components in consumer electronics and the growing use of miniature electronic devices.

Key Points: 
  • The rise in demand for thermal management is attributed to the increasing need for advanced heat dissipation solutions and thermal management components in consumer electronics and the growing use of miniature electronic devices.
  • The convection cooling devices segment accounted for the largest market share of ~45% in 2028.
  • Asia Pacific is expected to hold the largest share of ~41% of the thermal management market in 2028.
  • Flourishing chip manufacturing companies in countries such as China and South Korea are contributing to the growth of the thermal management market in Asia Pacific.

TAT Technologies announces the signing of a contract expansion with Collins Aerospace

Retrieved on: 
Tuesday, October 18, 2022
777, FAA, Aircraft, Collins, Electronics, Piedmont, NASDAQ, OEM, TAT, Judgement, Investment, TASE, Partnership, TAT Technologies, Collins Aerospace, MRO, CEO, Gedera, Environment, Apus, Boeing, Aviation, Maintenance (technical), Overhaul, Lunq'u

NETANYA, Israel, Oct. 18, 2022 /PRNewswire/ -- 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.

Key Points: 
  • NETANYA, Israel, Oct. 18, 2022 /PRNewswire/ -- 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.
  • The contract will expand the scope of services to be provided to Collins' customers worldwide.
  • Igal Zamir, CEO of TAT: "Our long term strategy of partnering with large global aerospace providers proves itself once again.
  • TAT Technologies Ltd. is a leading provider of services and products to the commercial and military aerospace and ground defense industries.

TAT Technologies announces the signing of a new contract with a large global airline

Retrieved on: 
Thursday, June 9, 2022
Company, Aviation, Electronics, B777, Contract, CEO, Auxiliary power unit, FAA, Gedera, TASE, MRO, TAT Technologies, A320, B737, APU, Boeing, NASDAQ, Industry, Airbus, TAT, Efficiency, OEM, Lunq'u, Apus, Honeywell, Maintenance (technical), Airline, Maintenance

NETANYA, Israel, June 9, 2022 /PRNewswire/ -- TAT Technologies Ltd. (TASE: TATT), (NASDAQ: TATT), a leading supplier of products and services for the commercial and military aviation industries and the ground defense industries, reports a significant new contract with a large global airline.

Key Points: 
  • The Company is also engaged in the APUs leases to airlines, mainly for B777 aircraft, under an exclusive 10-year contract with Honeywell.
  • Igal Zamir, CEO of TAT: "We are pleased to have won this contract.
  • TAT Technologies Ltd. is a leading provider of services and products to the commercial and military aerospace and ground defense industries.
  • For more information of TAT Technologies Ltd., please visit our web-site:

RADCOM Names Hadar Rahav as its New CFO

Retrieved on: 
Tuesday, December 14, 2021
TATT, RDCM, Company, Accounting, Ministry of Education (Malaysia), Nasdaq, Rami Hadar, Radcom Ltd, Ernst & Young, Management, Certified Public Accountant, TEL, TAT Technologies, Leadership, Risk management, TASE, College, Hadar

TEL AVIV, Israel, Dec. 14, 2021 /PRNewswire/ -- RADCOM Ltd. (Nasdaq: RDCM), today announced that it has appointed Hadar Rahav to serve as its new Chief Financial Officer effective January 1, 2022.

Key Points: 
  • TEL AVIV, Israel, Dec. 14, 2021 /PRNewswire/ -- RADCOM Ltd. (Nasdaq: RDCM), today announced that it has appointed Hadar Rahav to serve as its new Chief Financial Officer effective January 1, 2022.
  • Hadar will replace Amir Hai, who will be leaving the company to pursue other opportunities.
  • "I'm excited to announce Hadar's promotion to Chief Financial Officer," said Eyal Harari, RADCOM's Chief Executive Officer.
  • "I am excited and honored to transition into this leadership role," commented Hadar Rahav.

TAT Technologies Reports Second Quarter 2021 Results

Retrieved on: 
Thursday, August 5, 2021
Company, Chief executive officer, Adjustment, Public expenditure, Lunq'u, Tat, Earnings before interest, taxes, depreciation and amortization, Aviation, APU, Original equipment manufacturer, Piedmont, Gedera, TAT Technologies, Depreciation, Apus, Electronics, Tax, MRO, Federal Aviation Administration, ERA Technology Ltd, Income, GAAP, Nasdaq, Animal, Oil, Maintenance (technical)

GEDERA, Israel, Aug. 5, 2021 /PRNewswire/ --TAT Technologies Ltd. (NASDAQ: TATT) ("TAT" or the "Company"), a leading provider of products and services to the commercial and military aerospace and ground defense industries, reported today its unaudited results for the three month and six month periods ended June 30, 2021.

Key Points: 
  • GEDERA, Israel, Aug. 5, 2021 /PRNewswire/ --TAT Technologies Ltd. (NASDAQ: TATT) ("TAT" or the "Company"), a leading provider of products and services to the commercial and military aerospace and ground defense industries, reported today its unaudited results for the three month and six month periods ended June 30, 2021.
  • Net loss for Q2 2021 and for the six-month period that ended on June 30, 2021 include restructuring expenses of $1.9 million and $2.4 million, respectively.
  • TAT Technologies Ltd. is a leading provider of services and products to the commercial and military aerospace and ground defense industries.
  • For more information of TAT Technologies Ltd., please visit our web-site: www.tat-technologies.com

TAT Technologies Reports a New MRO Partnership with Honeywell.

Retrieved on: 
Thursday, July 1, 2021
TAT Technologies, Companies, Commercial spaceflight, Industry economics)

Igal Zamir, CEO and President of TAT Technologies, stated: "The 131 Series APU is the most common APU in the world.

Key Points: 
  • Igal Zamir, CEO and President of TAT Technologies, stated: "The 131 Series APU is the most common APU in the world.
  • TAT Technologies Ltd. is a leading provider of services and products to the commercial and military aerospace and ground defense industries.
  • TAT's activities in the area of MRO services for aviation components include the MRO of APUs, landing gears and other aircraft components.
  • For more information of TAT Technologies Ltd., please visit our web-site:

TAT Technologies Reports a Partnership with Lufthansa Technik Shenzhen

Retrieved on: 
Wednesday, May 19, 2021
Lufthansa Group, Aviation, Lufthansa Technik, Airlines, Lufthansa, Economy of Germany, MRO, TAT Technologies

b'GEDERA,Israel, May 19, 2021 /PRNewswire/ --TAT Technologies Ltd. (NASDAQ: TATT)is pleased to announce a partnership with Lufthansa Technik Shenzhen to establish a leading repair facility in China for Maintenance, Repair and Overhaul (MRO) of aircraft heat transfer components.

Key Points: 
  • b'GEDERA,Israel, May 19, 2021 /PRNewswire/ --TAT Technologies Ltd. (NASDAQ: TATT)is pleased to announce a partnership with Lufthansa Technik Shenzhen to establish a leading repair facility in China for Maintenance, Repair and Overhaul (MRO) of aircraft heat transfer components.
  • In the interim, the companies have begun supporting operators in China through TAT Technologies.\nTAT Technologies is one of the industry\'s largest and leading players in thermal components MRO.
  • Igal Zamir, CEO and President of TAT Technologies, stated, "We are pleased to partner with a leading MRO supplier in this fast-growing region.
  • "\nBenjamin Scheidel, President and CEO of Lufthansa Technik Shenzhen, highlighted "the importance of this partnership is to provide customers with world class quality and cost efficient solutions in the Asia Pacific growth region.

TAT Technologies Reports Third Quarter 2020 Results

Retrieved on: 
Thursday, November 12, 2020
Companies, Industries, Business, TAT Technologies, Honeywell, Aerospace manufacturer, TAT European Airlines

GEDERA, Israel, Nov. 12, 2020 /PRNewswire/ -- TAT Technologies Ltd. (NASDAQ: TATT) ("TAT" or the "Company"), a leading provider of products and services to the commercial and military aerospace and ground defense industries, reported today its unaudited results for the three month and nine month periods ended September 30, 2020.

Key Points: 
  • GEDERA, Israel, Nov. 12, 2020 /PRNewswire/ -- TAT Technologies Ltd. (NASDAQ: TATT) ("TAT" or the "Company"), a leading provider of products and services to the commercial and military aerospace and ground defense industries, reported today its unaudited results for the three month and nine month periods ended September 30, 2020.
  • Mr. Igal Zamir, CEO and President of TAT Technologies stated, "TAT reacted fast and effectively to the COVID 19 impact on the aerospace industry.
  • During the third quarter of 2020 we signed a 10- year contract with Honeywell for the repair of APU 331-2xx.
  • TAT Technologies Ltd. is a leading provider of services and products to the commercial and military aerospace and ground defense industries.