TAT reports USD0.9m Q3 2016 net income

TAT Technologies Ltd. (NASDAQ: TATT) has reported USD0.9million in third quarter 2016 net income, compared to USD0.2million in the third quarter 2015, the company said.

The company reported USD23.7 million compared to USD22 million in the third quarter of 2015. Operating income in the third quarter 2016 was USD1.5 million compared to USD0.5 million in the third quarter of 2015.

TAT´s board declared a cash dividend distribution of USD3.0million to shareholders in the third quarter of 2016.

TAT Technologies LTD is a provider of products and services to the commercial and military aerospace and ground defense industries.