| Business Summary | | T.A.T.
Technologies
Ltd.
(TAT)
is
principally
engaged
in
the
design,
manufacture
and
sale
of
a
broad
range
of
heat
transfer
equipment
used
in
mechanical
and
electronic
systems
on
board
commercial
and
military
aircraft
and
in
a
variety
of
other
electronic
equipment.
These
systems,
which
include
environmental
control,
avionics
cooling
and
other
mechanical
and
electronic
systems,
generate
heat
during
operation
that
must
be
removed
and
dissipated
in
order
to
function
properly.
The
Company
is
also
engaged
in
the
remanufacture,
overhaul
and
repair
of
heat
transfer
equipment
and
other
aircraft
components
manufactured
by
TAT
and
other
companies.
The
Company
also
manufactures,
sells
and
services
certain
related
products
for
use
in
aircraft
and
electronic
systems. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | TAT
Technologies
Ltd.
manufactures,
repairs,
overhauls
and
sells
heat
exchanging
equipment
used
in
mechanical
and
electronic
systems
on
board
commercial
and
military
aircraft.
For
the
fiscal
year
ended
12/31/00,
revenues
increased
7%
to
$28.4
million.
Net
income
rose
24%
to
$5.4
million.
Results
benefitted
from
the
merging
of
manufacturing
activities
with
TAT
industries,
an
improved
gross
margin
and
lower
marketing
expenses. Recent Earnings Announcement For
the
3
months
ended
06/30/2001,
revenues
were
6,545;
after
tax
earnings
were
790. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| | |
| Position | Shlomo Ostersetzer, 73 | Chairman,
CEO | Dov Zeelim, 60 | Pres,
COO, Vice Chairman | Israel Ofen, 51 | CFO,
Exec. VP, Director | Shraga Katz, 55 | VP-Operations | Jacob Danan, 59 | VP
of Marketing |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|