TAT Technologies Ltd. announced that the Board of Directors, at its meeting on June 28, 2016, declared a cash dividend in the total amount of $3 million, or $0.33981072 per share, for all of the shareholders of TAT Technologies. The dividend will be paid to shareholders of record on July 27, 2016. TAT Technologies will pay the dividend on August 9, 2016.

The company also appointed Mr. Amos Malka as the Chairman of the Board of Directors. Mr. Malka will replace Mr. Shmuel Vlodinger as the new Chairman of the Board.