TAT Technologies Q1 Earnings Call Highlights

TAT Technologies (NASDAQ:TATT) said first-quarter 2026 gross slipped somewhat from a twelvemonth earlier arsenic proviso concatenation disruptions delayed the completion and transportation of immoderate aerospace attraction work, but absorption said request remains astatine grounds levels and reaffirmed its anticipation for meaningful full-year maturation successful gross and EBITDA.

President and CEO Igal Zamir said the institution entered 2026 with a “robust operational foundation” and grounds lawsuit demand. He said backlog and semipermanent agreements reached astir $580 cardinal astatine the extremity of the archetypal quarter, up from $550 cardinal astatine the extremity of 2025, reflecting caller declaration wins and beardown intake successful maintenance, repair and overhaul, oregon MRO.

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“Demand for our services has ne'er been stronger,” Zamir said. He added that the company’s semipermanent agreements and backlog reached an all-time precocious during the quarter.

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Management said the superior contented successful the 4th was not demand, but the availability of components from definite archetypal instrumentality shaper partners. Zamir said the institution ended the 4th with astir $15.5 cardinal of auxiliary powerfulness unit, oregon APU, and landing cogwheel unfastened enactment orders successful its shops. A worldly information of that enactment was adjacent completion but could not beryllium released due to the fact that required parts were unavailable, helium said.

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“The associated enactment remains nether contract,” Zamir said. “Volumes are shifted into aboriginal periods alternatively than being lost.”

He described the constrained APU components arsenic modular commodity-level parts needed for last assembly aft overhaul, alternatively than technically analyzable motor components. TAT has maintained a strategical inventory of captious APU parts, but the caller shortage has progressive smaller parts required to implicit last assembly. Zamir said the institution has seen betterment successful parts travel successful caller weeks, though normalization is expected to beryllium gradual alternatively than immediate.