TAT Technologies (TATT) 20-F 29 Mar 23 2022 FY Annual report (foreign) Financial data

Document and Entity Information

Document and Entity Information	12 Months Ended
	Dec. 31, 2022 shares
Entity Addresses [Line Items]
Entity Central Index Key	0000808439
Amendment Flag	false
Document Fiscal Period Focus	FY
Document Type	20-F
Document Registration Statement	false
Document Annual Report	true
Document Period End Date	Dec. 31, 2022
Document Fiscal Year Focus	2022
Current Fiscal Year End Date	--12-31
Document Transition Report	false
Document Shell Company Report	false
Entity File Number	0-16050
Entity Registrant Name	TAT TECHNOLOGIES LTD
Entity Incorporation, State or Country Code	L3
Entity Address, Address Line One	Hamelacha 5
Entity Address, City or Town	Netanya
Entity Address, Postal Zip Code	4250540
Entity Address Country	IL
Title of 12(b) Security	Ordinary Shares, NIS 0.90 Par Value
Trading Symbol	TATT
Name of Exchange on which Security is Registered	NASDAQ
Entity Common Stock, Shares Outstanding	8,911,546
Entity Well-Known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Emerging Growth Company	false
Auditor Attestation Flag	false
Document Accounting Standard	U.S. GAAP
Entity Shell Company	false
Auditor Name	Kesselman & Kesselman
Auditor Location	Tel-Aviv, Israel
Auditor Firm Id	1309
Business Contact [Member]
Entity Addresses [Line Items]
Contact Personnel Name	Ehud Ben-Yair
Contact Personnel Email Address	ehudb@tat-technologies.com
Entity Address, Address Line One	Hamelacha 5 St
Entity Address, City or Town	Natanya
Entity Address, Postal Zip Code	4250540
Entity Address Country	IL
City Area Code	972
Local Phone Number	54-4522565

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands		Dec. 31, 2022	Dec. 31, 2021
CURRENT ASSETS:
Cash and cash equivalents		$ 7,722	$ 12,872
Accounts receivable, net of allowance for credit losses of $527 and $389 thousand as of December 31, 2022 and December 31, 2021 respectively		15,622	13,887
Other current assets and prepaid expenses		6,047	4,219
Inventory, net	[1]	45,759	41,003
Total current assets		75,150	71,981
NON-CURRENT ASSETS:
Restricted deposit		304	343
Investment in affiliates		1,665	695
Funds in respect of employee rights upon retirement		780	1,157
Deferred income taxes		1,229	1,252
Property, plant and equipment, net		43,423	30,462
Operating lease right of use assets		2,477	3,114
Intangible assets, net		1,623	1,829
Total non-current assets		51,501	38,852
Total assets		126,651	110,833
CURRENT LIABILITIES:
Current maturities of long-term loans		1,876	691
Credit line from bank		6,101	6,008
Accounts payable		10,233	9,093
Accrued expenses		9,686	6,959
Operating lease liabilities		904	1,169
Provision for restructuring plan		190	657
Total current liabilities		28,990	24,577
NON-CURRENT LIABILITIES:
Long-term loans		19,408	5,979
Liability in respect of employee rights upon retirement		1,148	1,504
Operating lease liabilities		1,535	1,989
Total non-current liabilities		22,091	9,472
COMMITMENTS AND CONTINGENCIES (NOTE 15)
Total liabilities		51,081	34,049
EQUITY:
Ordinary shares of NIS 0.9 par value:Authorized: 13,000,000 shares at December 31, 2022 and at December 31, 2021; Issued: 9,186,019 and 9,149,169 shares at December 31, 2022 and at December 31, 2021 respectively; Outstanding: 8,911,546 and 8,874,696 shares at December 31, 2022 and at December 31, 2021 respectively		2,842	2,809
Additional paid-in capital		66,245	65,871
Treasury shares, at cost, 274,473 shares at December 31, 2022 and 2021		(2,088)	(2,088)
Accumulated other comprehensive income (loss)		(26)	33
Retained earnings		8,597	10,159
Total shareholders' equity		75,570	76,784
Total liabilities and shareholders' equity		$ 126,651	$ 110,833
[1]The total amount of Rotables included in the Company spare parts inventory for the years ended December 31, 2022 and 2021 were $8,193 and $8,623, respectively.

CONSOLIDATED BALANCE SHEETS (PA

CONSOLIDATED BALANCE SHEETS (PARENTHETICAL) $ in Thousands	Dec. 31, 2022 USD ($) shares	Dec. 31, 2021 USD ($) shares
Statement of Financial Position [Abstract]
Allowance for credit loss, current | $	$ 527	$ 389
Ordinary shares, shares authorized	13,000,000	13,000,000
Ordinary shares, shares issued	9,186,019	9,149,169
Ordinary shares, shares outstanding	8,911,546	8,874,696
Treasury shares, shares	274,473	274,473

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Revenue:
Total revenues	$ 84,556	$ 77,973	$ 75,359
Cost of revenue:
Total cost of revenues	68,628	66,703	66,924
Gross profit	15,928	11,270	8,435
Operating expenses:
Research and development, net	479	517	185
Selling and marketing, net	5,629	5,147	4,369
General and administrative, net	9,970	8,354	7,612
Other (income) expenses	(90)	(468)	315
Restructuring Charges	1,715	1,755	0
Total operating expenses	17,703	15,305	12,481
Operating (loss)	(1,775)	(4,035)	(4,046)
Interest expenses	(902)	(250)	(96)
Other financial income (expenses), net	1,029	(290)	(674)
Income (loss) before taxes on income (tax benefit)	(1,648)	(4,575)	(4,816)
Taxes on income (tax benefit)	98	(662)	(1,517)
Loss before share of equity investment	(1,746)	(3,913)	(3,299)
Share in profit (losses) of equity investment of affiliated companies	184	(76)	(185)
Net loss from continued operation	(1,562)	(3,989)	(3,484)
Net income (loss) from discontinued operation		427	(1,845)
Net loss	$ (1,562)	$ (3,562)	$ (5,329)
Net loss per share basic and diluted from continued operation	$ (0.175)	$ (0.45)	$ (0.39)
Net income (loss) per share basic and diluted from discontinued operation	0	(0.05)	(0.21)
Net loss per share basic	(0.175)	(0.4)	(0.6)
Net loss per share diluted	$ (0.175)	$ (0.4)	$ (0.6)
Weighted average number of shares outstanding:
Weighted average shares outstanding - basic	8,911,546	8,874,696	8,874,696
Weighted average shares outstanding - diluted	8,911,546	8,874,696	8,874,696
Product [Member]
Revenue:
Total revenues	$ 25,460	$ 25,870	$ 22,739
Cost of revenue:
Total cost of revenues	21,631	23,761	20,751
Service [Member]
Revenue:
Total revenues	59,096	52,103	52,620
Cost of revenue:
Total cost of revenues	$ 46,997	$ 42,942	$ 46,173

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Statement of Comprehensive Income [Abstract]
Net loss	$ (1,562)	$ (3,562)	$ (5,329)
Other comprehensive income (loss), net
Net unrealized gains (losses) from derivatives	(89)	(76)	232
Reclassification adjustments for gains from derivatives included in net income	30	(19)	(130)
Total other comprehensive income (loss)	(59)	(95)	102
Total comprehensive loss	$ (1,621)	$ (3,657)	$ (5,227)

CONSOLIDATED STATEMENTS OF CHAN

CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS EQUITY - USD ($) $ in Thousands	Ordinary shares [Member]	Additional paid-in capital [Member]	Accumulated other comprehensive income (loss) [Member]	Treasury shares [Member]	Retained earnings [Member]	Total
Balance at Dec. 31, 2019	$ 2,809	$ 65,573	$ 26	$ (2,088)	$ 19,050	$ 85,370
Balance, shares at Dec. 31, 2019	9,149,169
Comprehensive loss	$ 0	0	102	0	(5,329)	$ (5,227)
Exercise of Options, shares						0
Share based compensation	0	138	0	0	0	$ 138
Balance at Dec. 31, 2020	$ 2,809	65,711	128	(2,088)	13,721	80,281
Balance, shares at Dec. 31, 2020	9,149,169
Comprehensive loss	$ 0	0	(95)	0	(3,562)	$ (3,657)
Exercise of Options, shares						0
Share based compensation	0	160	0	0	0	$ 160
Balance at Dec. 31, 2021	$ 2,809	65,871	33	(2,088)	10,159	76,784
Balance, shares at Dec. 31, 2021	9,149,169
Comprehensive loss	$ 0	0	(59)	0	(1,562)	(1,621)
Exercise of Options	$ 33	156	0	0	0	$ 189
Exercise of Options, shares	36,850					36,850
Share based compensation	$ 0	218	0	0	0	$ 218
Balance at Dec. 31, 2022	$ 2,842	$ 66,245	$ (26)	$ (2,088)	$ 8,597	$ 75,570
Balance, shares at Dec. 31, 2022	9,186,019

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income (loss) from continued operations	$ (1,562)	$ (3,989)	$ (3,484)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:
Depreciation and amortization	3,706	4,881	4,065
Loss (gain) from change in fair value of derivatives	8	(19)	(34)
Change in operating right of use asset and operating leasing liability	(82)	(73)	566
Lease modification	0	(1,315)	0
Increase (decrease) in restructuring plan provision	(467)	657	0
Change in provision for doubtful accounts	138	248	(8)
Share in results of affiliated companies	(184)	76	185
Share based compensation	218	160	138
Liability in respect of employee rights upon retirement	(356)	94	(341)
Impairment of intangible assets	0	0	298
Impairment of fixed assets	0	1,820	0
Capital gain from sale of property, plant and equipment	(90)	(468)	0
Deferred income taxes, net	23	(686)	(1,438)
Government loan forgiveness	0	(1,442)	0
Changes in operating assets and liabilities:
Decrease (increase) in trade accounts receivable	(2,659)	(2,934)	9,472
Decrease (increase) in other current assets and prepaid expenses	(1,459)	(959)	310
Decrease (increase) in inventory	(5,069)	(681)	1,868
Increase (decrease) in trade accounts payable	1,143	2,571	(5,336)
Increase (decrease) in accrued expenses	2,727	(218)	(252)
Increase (decrease) in other long-term liabilities	(902)	8	(62)
Net cash provided by (used in) operating activities from continued operation	(4,867)	(2,269)	5,947
CASH FLOWS FROM INVESTING ACTIVITIES:
Proceeds from sale of property and equipment	93	1,163	0
Purchase of property and equipment	(16,213)	(16,247)	(3,894)
Purchase of intangible assets	0	(555)	(1,513)
Net cash used in continued investing activities	(16,120)	(15,639)	(5,407)
CASH FLOWS FROM FINANCING ACTIVITIES:
Repayments of long-term loans	(1,071)	0	0
Short-term credit received from banks	0	3,000	3,960
Proceeds from long-term loans received	16,680	3,042	3,692
Exercise of options	189	0	0
Net cash provided by continued financing activities	15,798	6,042	7,652
CASH FLOWS FROM DISCONTINUED ACTIVITIES:
Net cash provided by operating activities	0	777	153
Net cash provided by (used in) discontinued activities	0	777	153
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS AND RESTRICTED CASH	(5,189)	(11,089)	8,345
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH AT BEGINNING OF YEAR	13,215	24,304	15,959
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH AT END OF YEAR	8,026	13,215	24,304
SUPPLEMENTARY INFORMATION ON INVESTING ACTIVITIES NOT INVOLVING CASH FLOW:
Purchase of property, plant and equipment on credit	196	199	6,575
Additions of operating lease right-of-use assets and operating lease liabilities	318	399	1,756
Classification inventory to property, plant and equipment	284	829	0
Capital contribution to equity method investee	787	0	0
Supplemental disclosure of cash flow information:
Interest paid	(796)	(251)	(3)
Income taxes received (paid), net	$ 0	$ 0	$ (3)

GENERAL

GENERAL	12 Months Ended
	Dec. 31, 2022
GENERAL [Abstract]
GENERAL	NOTE 1 - GENERAL a. TAT Technologies Ltd., (“TAT” or the “Company”) an Israeli corporation, incorporated in 1985, is a leading provider of solutions and services to the aerospace and defense industries, focused mainly on the following four segments: (i) original equipment manufacturing (“OEM”) of heat transfer solutions and aviation accessories mainly through our Kiryat Gat facility and our Limco subsidiary; (ii) MRO (“Maintenance Repair and Overhaul”) services for heat transfer components and OEM of heat transfer solutions through Limco Airepair Inc our wholly-owned subsidiary; (iii) MRO services for aviation components (mainly Auxiliary Power Unit “APU” and Landing Gear “LG”) through Piedmont Aviation Component Services LLC our wholly-owned subsidiary; and (iv) overhaul and coating of jet engine components through Turbochrome our wholly-owned subsidiary. TAT targets the commercial aerospace (serving a wide range of types and sizes of commercial and business jets), military aerospace and ground defense sectors. TAT’s shares are listed on both the NASDAQ (TATT) and Tel-Aviv Stock Exchange. In June 2020, the Company ' In March 2021, the Company announced a restructuring plan which includes the transfer of the Company's activity of “OEM of heat transfer solutions and aviation accessories” in Gedera to our activity of “MRO services for heat transfer components and OEM of heat transfer solutions” in Tulsa, Oklahoma and to our “overhaul and coating of jet engine components” activity in Kiryat Gat, see Note 9. During the years 2020 and 2021 the COVID-19 pandemic had an adverse effect on our industry and the markets in which we operate. The COVID-19 outbreak has significantly impacted the aviation market in which TAT’s customers operate and has resulted in a reduction of TAT’s business with some of these customers. Global supply shortages emerged for certain products, leading to delays in delivery schedule. Additionally, recent cost inflation stemming from the pandemic may lead to higher material and labor costs. We actively monitor and respond to the changing conditions created by the pandemic, with focus on prioritizing the health and safety of our employees, dedicating resources to support our communities, and innovating to address our customers’ needs. In order to mitigate the impact of the decline in business as a result of the pandemic, TAT implemented measures to reduce its expenses, including a reduction in its headcount as well as other cost savings measures. The potential long-term impact and duration of the COVID-19 pandemic on the global economy and our business continue to be difficult to assess or predict. Related public health and safety measures have resulted in significant social disruption and have had an adverse effect on economic conditions and spending, inflation, interest rates, and business investment, all of which have affected our business. b. TAT has the following wholly owned subsidiaries: Limco-Piedmont Inc. (“Limco-Piedmont”), and Turbochrome Ltd. (“Turbochrome”). Additionally, the Company holds 51% of TAT-Engineering LLC (“TAT-Engineering”) as a joint venture, hereinafter collectively referred to as the “Group”. On November 25, 2015, the Company signed an agreement with Russian-based Engineering Holding of Moscow (“Engineering”), to establish a new facility for the provision of services for heat transfer products. The new Company, TAT-Engineering LLC, is based in Novosibirsk’s Tolmachevo airport. TAT-Engineering, LLC shall provide services for heat transfer products. 51% of TAT-Engineering LLC's shares are held by TAT and the remaining 49% are held by Engineering. The accounting treatment of the joint venture is based on the equity method due to variable participating rights granted to Engineering. The new entity was established in January 2016.

SIGNIFICANT ACCOUNTING POLICIES

SIGNIFICANT ACCOUNTING POLICIES	12 Months Ended
	Dec. 31, 2022
Accounting Policies [Abstract]
SIGNIFICANT ACCOUNTING POLICIES	NOTE 2 - SIGNIFICANT ACCOUNTING POLICIES a. Basis of Presentation The Group's financial statements have been prepared in accordance with generally accepted accounting principles in the United States ("U.S. GAAP"). b. Use of estimates in the preparation of financial statement The preparation of consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclose the nature of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting years. Actual results could differ from those estimates. As applicable to these financial statements, the most significant estimates and assumptions relate to: recoverability of inventory, provision for current expected credit loss and income taxes. c. Functional currency The majority of the company and subsidiaries are generated in U.S. dollars ("dollars") and a substantial portion of the costs of the company and each subsidiary in the Group are incurred in dollars. Accordingly, the dollar is the currency of the primary economic environment in which the Group operates and accordingly its functional and reporting currency is the dollar. Transactions and balances originally denominated in dollars are presented at their original amounts. Balances in currencies other than the U.S. dollar are translated into dollars using historical and current exchange rates for non-monetary and monetary balances, respectively. For non-dollar transactions and other items in the statements of income (indicated below), the following exchange rates are used: (i) for transactions - exchange rates at transaction dates or average rates; and (ii) for other items (derived from non-monetary balance sheet items such as depreciation and amortization, etc.) - historical exchange rates. Currency transaction gains and losses are carried to financial income or expenses, as appropriate. d. Principles of consolidation The consolidated financial statements include the accounts of TAT and its subsidiaries. Intercompany balances and transactions, including profits from intercompany sales not yet realized outside the Group, have been eliminated upon consolidation. e. Cash and Cash equivalents All highly liquid investments, which include short-term bank deposits, that are not restricted as to withdrawal or use. The period to maturity of which do not exceed three months at the time of investment, are considered to be cash equivalents. f. Accounts receivable, net The Group’s accounts receivable balances are due from customers primarily in the airline and defense industries. Credit is extended based on evaluation of a customer’s financial condition and generally, collateral is not required. Trade accounts receivable from sales of services and products are typically due from customers within 30 - 90 days. Trade accounts receivable balances are stated at amounts due from customers net of a provision for current expected losses. Accounts receivable have been reduced by an allowance for current expected losses. The Company maintains the allowance for estimated losses resulting from the inability of the Company’s customers to make required payments. The allowance represents the current estimate of lifetime expected credit losses over the remaining duration of existing accounts receivable considering current market conditions and supportable forecasts when appropriate. The estimate is a result of the Company’s ongoing evaluation of collectability, customer creditworthiness, historical levels of credit losses, and future expectations. Write-off activity and recoveries for the periods presented were not material (see note 22). g. Inventory Inventory is measured at the lower of cost and net realizable value. Inventories include raw materials, parts, work in progress and finished products. Cost of raw material and parts is determined using the “moving average” basis. Cost of work in progress and finished products is calculated based on actual costs. Capitalized production costs components, mainly labor and overhead, are determined on average basis over the production period. Since the Group sells products and services related to airplane accessories for airplanes that can be in service for 20 to 50 years, it must keep a supply of such products and parts on hand while the airplanes are in use. The Group writes down its inventory for estimated obsolescence and unmarketable inventory equal to the difference between the cost of inventory and net realizable value, which includes costs to sell based upon assumptions for future demand and market conditions. If actual market prices are less favorable than those projected by management, inventory write-downs may be required. When inventory is written down, a new lower cost basis for that inventory is established. h. Property, plant and equipment Property, plant and equipment are stated at cost, after deduction of the related investment grants, net of accumulated depreciation. Depreciation is calculated using the straight-line method over the estimated useful lives of the assets, as follows: Years Buildings and leasehold improvements 15 - 39 Machinery and equipment 15 - 20 Motor vehicles 7 Office furniture and equipment 3 - 5 Internal use software 7 Leasehold improvements are included in buildings and amortized using the straight-line method over the period of the lease contract, or the estimated useful life of the asset, whichever is shorter. During 2021 the Company's management reassessed and updated the useful life of each one of the groups of fixed assets. The change in the estimated useful life was accounted for prospectively in accordance with ASC 250-10. Capitalized Software Costs We capitalize costs related to our internal-use software systems that have reached the application development stage. Such capitalized costs include payroll, payroll-related expenses, and external direct costs, which are directly associated with creating and enhancing internal use software. Capitalization of such costs begins when the preliminary project stage is complete and ceases at the point in which the project is substantially complete and is ready for its intended purpose. The costs capitalized in the application development stage primarily include the costs of coding and testing of a new system or of a significant upgrade and enhancement. Costs related to preliminary project activities and post implementation activities are expensed as incurred. Capitalized software costs are amortized on a straight-line basis over their estimated useful life. We evaluate the useful lives of these assets on an annual basis and test for impairment whenever events or changes in circumstances occur that could impact the recoverability of these assets. Refer to Note 6 for further information. Capitalized software costs are included in property, equipment and software, net in the consolidated balance sheet. i. Government grants: Grants received from the IIA for approved research and development projects are recognized at the time the Company is reasonably assured that it will be entitled to such grants, on the basis of the costs incurred and included as a deduction from research and development expenses. Due to the fact that the Company is defined as a "Traditional Industry Company", under the IIA regulations, the majority of grants are non-royalty bearing. Government grants relating to the purchase of property, plant and equipment (refer to note 6) are presented in the statement of financial position as a deduction to the carrying amount of the asset and they are credited to profit or loss on a straight-line basis over the expected lives of the related assets. j. Investment in affiliates and share in results of equity investment of affiliated companies Investment in which the Group exercises significant influence and which is not considered a subsidiary ("affiliate") is accounted for using the equity method, whereby the Group recognizes its proportionate share of the affiliated company's net income or loss after the date of investment. See Note 5. The Group reviews those investments for impairment whenever events indicate the carrying amount may not be recoverable. See Note 1(c). On consolidation, transactions between the Group and the affiliate are eliminated in the amount which related to the Group's proportionate share of the affiliate. k. Leases The Company determines if an arrangement is a lease at inception. Balances related to operating leases are included in operating lease right-of-use (“ROU”) assets and operating lease liabilities in the consolidated balance sheets. ROU assets represent the Company’s right to use an underlying asset for the lease term and lease liabilities represent the Company’s obligation to make lease payments arising from the lease. Operating lease ROU assets are recognized as the lease liability, adjusted for lease incentives received and prepayments made. Lease liabilities are recognized at the present value of the future lease payments at the lease commencement date. The Company’s lease terms may include options to extend or terminate the lease when it is reasonably certain that the Company will exercise that option. The discount rate for the lease is the rate implicit in the lease unless that rate cannot be readily determined. As the Company’s leases do not provide an implicit rate, the Company’s uses its estimated incremental borrowing rate based on the information available at the commencement date in determining the present value of lease payments. Lease expense for lease payments is recognized on a straight-line basis over the lease term (see also note 2aa). Revenue from Leasing Transactions under ASC 842 The Company accounts for certain leasing revenues in accordance with ASC 842, which qualify for operating lease treatment. For operating leases in which the Company is the lessor, lease payments are recognized as leasing revenue over the lease term on a straight-line basis. APUs engines subject to operating leases are classified as property, plant, and equipment and depreciated on a straight-line basis over the useful life, see Note 7. l. Identified intangible assets Identifiable intangible assets are comprised of definite lived intangible assets - customer relationships and commercial license which are amortized over 7 and 10 years respectively, using the straight-line method over their estimated period of useful life as determined by identifying the period in which substantially all of the cash flows are expected to be generated. Amortization of customer relationships is recorded under selling and marketing expenses (this intangible asset was fully impaired during the year ended December 31, 2020, see note 8) and the amortization of the commercial license is recorded in the cost of sales. m. Impairment of long-lived assets Long-lived assets, including property, plant and equipment, operating lease right of use assets and definite life intangible assets are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of the assets (or asset group) may not be recoverable. In the event that the sum of the expected future cash flows (undiscounted and without interest charges) of the long-lived assets (or asset group) is less than the carrying amount of such assets, an impairment charge would be recognized and the assets (or asset group) would be written down to their estimated fair values (see also Notes 6,7 and 8). n. Treasury Shares Company shares held by the Company are presented as a reduction of equity at their cost to the Company. The treasury shares have no rights. o. Revenue Recognition The Group generates its revenues from the sale of OEM products and systems, providing MRO services (remanufacture, maintenance, repair and overhaul services and long - term service contracts) and parts services. A contract with a customer exists only when: the parties to the contract have approved it and are committed to perform their respective obligations, the Company can identify each party’s rights regarding the distinct goods or services to be transferred (“performance obligations”), the Company can determine the transaction price for the goods or services to be transferred, the contract has commercial substance and it is probable that the Company will collect the consideration to which it will be entitled in exchange for the goods or services that will be transferred to the customer. Revenues are recorded in the amount of consideration to which the Company expects to be entitled in exchange for performance obligations upon transfer of control to the customer, excluding amounts collected on behalf of other third parties and sales taxes. To determine revenue recognition for arrangements that an entity determines are within the scope of Topic 606, the entity performs the following five steps: (i) identify the contract(s) with a customer; (ii) identify the performance obligations in the contract; (iii) determine the transaction price; (iv) allocate the transaction price to the performance obligations in the contract; and (v) recognize revenue when (or as) the performance obligation is satisfied. The Company has adopted the following exemptions and accounting policies: a. The Company has chosen to account for shipping as a fulfillment costs, in cases in which the shipping occurs after the customer has obtained control of a good. b. The Company has chosen not to adjust the promised amount of consideration for the effects of a significant financing component, in cases in which the Company expects, at contract inception, that the period between when the Company transfers a promised good or service to the customer and when the customer pays for that good or service will be one year or less. c. The Company has chosen to present all sales taxes collected from customers on a net basis. The group recognizes revenues from the sale of OEM products when it satisfies a performance obligation, i.e. when the customer obtains control of the product, typically upon shipment to the customer. The Group does not grant a right of return. The Group recognizes revenues from MRO services over time as it satisfies its performance obligations. Contract liabilities Contract liabilities are mainly comprised of deferred revenues which are included under accrued expenses and other. p. Warranty costs The Group provides warranties for its products and services ranging from one to three years, which vary with respect to each contract and in accordance with the nature of each specific product. According to Company's experience, most of the warranty costs incur during the first year of the contract. The Group estimates the costs that may be incurred under its warranty and records a liability in the amount of such costs at the time revenue is recognized under accrued expenses on the Company’s balance sheet. The Group periodically assesses the adequacy of its recorded warranty liabilities and adjusts the amounts as necessary. q. Research and development Research and development costs, net of grants, are charged to expenses as incurred. r. Fair value measurement The Group measures fair value and discloses fair value measurements for financial assets and liabilities. Fair value is based on the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The accounting standard establishes a fair value hierarchy that prioritizes observable and unobservable inputs used to measure fair value into three broad levels, which are described below: Level 1: Quoted prices (unadjusted) in active markets that are accessible at the measurement date for identical assets or liabilities. The fair value hierarchy gives the highest priority to Level 1 inputs. Level 2: Observable prices that are based on inputs not quoted on active markets, but corroborated by market data or active market data for similar but not identical assets or liabilities. Level 3: Unobservable inputs are used when little or no market data is available. The fair value hierarchy gives the lowest priority to Level 3 inputs. In determining fair value, the Group utilizes valuation techniques that maximize the use of observable inputs and minimize the use of unobservable inputs to the extent possible and considers credit risk in its assessment of fair value. s. Concentrations of credit risk Financial instruments that potentially subject the Group to concentrations of credit risk consist principally of cash and cash equivalents, derivatives and accounts receivable. Cash and cash equivalents are deposited with several major banks in Israel and the United States. Such deposits in the United States may be in excess of insured limits and are not insured in other jurisdictions. Management believes that the financial institutions that hold the Group's cash and cash equivalents are financially sound, and that the Group has not been effected by the recent turmoil in certain banking institutions in the United States. Accordingly, minimal credit risk exists with respect to these financial instruments. The Group's accounts receivable are derived mainly from sales to customers in the United States, Israel and Europe. The Group generally does not require collateral; however, in certain circumstances the Group may require letters of credit. Management believes that credit risks relating to accounts receivable are minimal since the majority of the Group's customers are world-leading manufacturers of aviation systems and aircrafts, international airlines, governments and air-forces, and world-leading manufacturers and integrators of defense and ground systems. In addition, the Group has relatively a large number of customers with wide geographic spread which mitigates the credit risk. The Group performs ongoing credit evaluation of its customers' financial condition. As part of the risk management, the Company purchased a credit insurance policy from a well-known insurance Company. t. Income taxes Income taxes are accounted for in accordance with ASC 740 "Income Taxes". This statement prescribes the use of the asset and liability method, whereby deferred tax assets and liabilities account balances are determined based on temporary differences between financial reporting and tax basis of assets and liabilities and for tax loss carry-forwards. Deferred taxes are measured using the enacted laws and tax rates that will be in effect when the differences are expected to reverse. The Group provides a valuation allowance, if it is more likely than not that a portion of the deferred income tax assets will not be realized, see Note 19(h). Taxes which would apply in the event of disposal of investments in domestic and foreign subsidiaries have not been taken into account in computing the deferred taxes, when the Group’s intention is to hold, and not to realize the investments. Taxes which would apply in the event of distribution of earnings from domestic and foreign subsidiaries of the Company, have been taken into account in computing the deferred taxes, when there is a possibility of future distribution of earnings from such foreign subsidiaries. The Group did not provide for deferred taxes attributable to dividend distribution out of retained tax-exempt earnings from "Approved/Benefited Enterprise" plans (see Note 19(a)), since it intends to permanently reinvest them and has no intention to declare dividends out of such tax exempt income in the foreseeable future. Management considers such retained earnings to be essentially permanent in duration. Results for tax purposes for TAT’s Israeli subsidiaries are measured and reflected in NIS. As explained in (c) above, the consolidated financial statements are measured and presented in U.S. dollars. In accordance with ASC 740, TAT has not provided deferred income taxes on the differences resulting from changes in exchange rate and indexation. The Group follows a two-step approach to recognizing and measuring uncertain tax positions. The first step is to evaluate the tax position for recognition by determining if the weight of available evidence indicates that it is more likely than not that the position will be sustained on audit. The second step is to measure the tax benefit as the largest amount that is more than 50% likely of being realized upon ultimate resolution. The Group’s policy is to include interest and penalties related to unrecognized tax benefits within financial income (expense). Such liabilities are classified as long-term, unless the liability is expected to be resolved within twelve months from the balance sheet date. u. Earnings per share Basic earnings (loss) per share are computed by dividing net income (loss) by the weighted average number of shares of the Company's Ordinary Shares, par value NIS 0.9 per share outstanding for each period, net of treasury shares. Diluted earnings (loss) per share are calculated by dividing the net income by the fully-diluted weighted-average number of ordinary shares outstanding during each period. Potentially dilutive shares include outstanding options granted to employees and directors, using the treasury stock method. v. Share-based compensation The Group applies ASC 718 "Stock Based Compensation" with respect to employees and directors’ options, which requires awards classified as equity awards to be accounted for using the grant-date fair value method. The fair value of share-based awards is estimated using the Black-Scholes valuation model, the payment transaction is recognized as expense over the requisite service period, net of estimated forfeitures. The Company estimates forfeitures based on historical experience and anticipated future conditions. w. Comprehensive income (loss) Comprehensive income in 2022, 2021 and 2020 includes, in addition to net income or loss, gains and losses of derivatives designated for cash flow hedge accounting (net of related taxes where applicable). Reclassification adjustments for gain or loss of derivatives are included in the relevant line item in the statement of income. See also Note 2 (z). x. Contingencies Certain conditions may exist as of the date the financial statements are issued, which may result in a loss to the Group but which will only be resolved when one or more future events occur or fail to occur. The Group’s management assesses such contingent liabilities and estimated legal fees. Such assessment inherently involves an exercise of judgment. In assessing loss contingencies related to legal proceedings that are pending against the Group or unasserted claims that may result in such proceedings, the Group’s management evaluates the perceived merits of any legal proceedings or unasserted claims as well as the perceived merits of the amount of relief sought or expected to be sought. Management applies the guidance in ASC 450-20-25 when assessing losses resulting from contingencies. If the assessment of a contingency indicates that it is probable that a material loss has been incurred and the amount of the liability can be estimated, then the estimated liability is recorded as accrued expenses in the Company’s financial statements. If the assessment indicates that a potential material loss contingency is not probable but is reasonably possible, or is probable but cannot be estimated, then the nature of the contingent liability, together with an estimate of the range of possible loss if determinable and material are disclosed. Loss contingencies considered to be remote by management are generally not disclosed unless they involve guarantees, in which case the guarantee would be disclosed. y. Derivatives and hedging The Company carries out transactions involving foreign currency exchange derivative financial instruments. The transactions are designed to hedge the Company’s exposure in currencies other than the U.S. dollar. Derivatives are recognized at fair value as either assets or liabilities in the consolidated balance sheets in accordance with ASC Topic 815, “Derivatives and Hedging”. For derivative instruments that are designated and qualify as a cash-flow hedge, the gain or loss on the derivative instrument is reported as a component of other comprehensive income and reclassified into earnings in the same line item associated with the anticipated transaction in the same period or periods during which the hedged transaction affects earnings. If a derivative does not meet the definition of a cash flow hedge, the changes in the fair value are included in "financial expense (income), net". For derivative instruments that qualify for hedge accounting, the cash flows associated with these derivatives are reported in the consolidated statements of cash flows consistently with the classification of the cash flows from the underlying hedged items that these derivatives are hedging. z. Restructuring Costs Restructuring costs have been recorded in connection with TAT’s restructuring plan announced in March 2021. Following this decision and in anticipation of ongoing efficiency measures in our business, TAT’s management has made estimates and judgments regarding future plans, mainly related to employee termination benefit costs. Management also assesses the recoverability of long-lived assets employed in the business. In certain instances, asset lives have been shortened based on changes in the expected useful lives of the affected assets. Asset-related impairments and employee's severance and other related costs are reflected within asset impairments of fixed assets, provision for restructuring plan and restructuring expenses. aa. Recently Issued Accounting Principles: Recently adopted accounting pronouncements: (1) In n November 2021, the FASB issued ASU 2021-10 “Government Assistance (Topic 832),” which requires annual disclosures that increase the transparency of transactions involving government grants, including (1) the types of transactions, (2) the accounting for those transactions, and (3) the effect of those transactions on an entity’s financial statements. The Company applied the guidance prospectively to all in-scope transactions beginning fiscal year 2022. The adoption of this guidance did not have a material impact on the Company’s financial statements.

FAIR VALUE MEASUREMENT

FAIR VALUE MEASUREMENT	12 Months Ended
	Dec. 31, 2022
Fair Value Disclosures [Abstract]
FAIR VALUE MEASUREMENT	NOTE 3 - FAIR VALUE MEASUREMENT Recurring Fair Value Measurements The Group measures fair value and discloses fair value measurements for financial assets and liabilities. Fair value is based on the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The Company's financial assets and liabilities measured at fair value on a recurring basis, consisted of the following types of instruments: December 31, 2022 Level 1 Level 2 Level 3 Total Liability: Derivative financial instruments - $ (31 ) - $ (31 ) December 31, 2021 Level 1 Level 2 Level 3 Total Assets: Derivative financial instruments - $ 51 - $ 51 a. Derivative financial instruments: The Company hedges the foreign currency risk arising from probable forecasted Israeli Shekel ("ILS") expenses as part of its risk management policy. The risk management objective is to hedge the foreign currency exchange rate fluctuations associated with ILS denominated forecasted probable expenses according to the Company's hedging policy. The majority of the ILS exposure arises from expected related salary expenses. The Company enters into contracts for derivative financial instruments forward contracts in order to execute its policy. Such derivatives are recognized at fair value. The fair value of forward contracts is calculated as the difference between the forward rate on valuation date and the forward rate on the original forward contract, multiplied by the transaction's notional amount. At the inception of a hedge relationship, the Company formally designates and documents the hedge relationship to which the Company wishes to apply hedge accounting and the risk management objective and strategy for undertaking the hedge. The hedge effectiveness is assessed at the end of each reporting period. The effective portion and the ineffective portion of the gain or loss on the hedging instrument is recognized as other comprehensive income (loss). The effective portion is determined by looking into changes in spot exchange rate. The change in fair value attributable to changes other than those due to fluctuations in the spot exchange rate are excluded from the assessment of hedge effectiveness and are recognized in the statement of income under financial expenses-net. For derivative instruments that are designated and qualify as a cash-flow hedge, the gain or loss on the derivative instrument is reported as a component of other comprehensive income and reclassified into earnings in the same line item associated with the anticipated transaction in the same period or periods during which the hedged transaction affects earnings. For derivative instruments that qualify for hedge accounting, the cash flows associated with these derivatives are reported in the consolidated statements of cash flows consistently with the classification of the cash flows from the underlying hedged items that these derivatives are hedging. As of December 31, 2022, and 2021, the Company has open call options and open put options with a notional total amount of $7,774 and $8,458, respectively. The carrying amounts of financial instruments include cash and cash equivalents, accounts receivable, accounts payable and accrued liabilities approximate fair value because of their short maturities.

INVENTORY

INVENTORY	12 Months Ended
	Dec. 31, 2022
Inventory Disclosure [Abstract]
INVENTORY	NOTE 4 - INVENTORY Inventory is composed of the following: December 31, 2022 2021 Raw materials and components $ 15,792 $ 13,741 Work in progress 14,525 11,985 Spare parts 14,618 13,462 Finished goods 824 1,815 Total inventory (**) $ 45,759 $ 41,003 (**) The total amount of Rotables included in the Company spare parts inventory for the years ended December 31, 2022 and 2021 were $8,193 and $8,623, respectively. Inventories write down expenses due to slow inventory amounted to $1,284, $624 and $769 for the years ended December 31, 2022, 2021 and 2020, respectively. The Company maintains a wide range of exchangeable units and other spare parts related to its products and services in various locations. Due to the long lead time of its suppliers and manufacturing cycles, the Company needs to forecast demand and commit significant resources towards these inventories. As such, the Company is subject to risks including excess inventory no longer relevant.

INVESTMENT IN AFFILIATES

INVESTMENT IN AFFILIATES	12 Months Ended
	Dec. 31, 2022
Investments in and Advances to Affiliates [Abstract]
INVESTMENT IN AFFILIATES	NOTE 5 - INVESTMENT IN AFFILIATES On November 25, 2015, the Company signed an agreement with Russian-based Engineering Holding of Moscow (“Engineering”), to establish a new facility for the provision of services for heat transfer products. The new Company, TAT-Engineering LLC, is based in Novosibirsk’s Tolmachevo airport. TAT-Engineering, LLC shall provide services for heat transfer products. 51% of TAT-Engineering LLC's shares are held by TAT and the remaining 49% are held by Engineering. The accounting treatment of the joint venture is based on the equity method due to variable participating rights granted to Engineering. The new entity was established in January 2016 . Summarized financial information of TAT-Engineering LLC: December 31, 2022 2021 Balance sheets: Current assets $ 913 $ 358 Non-current assets 1,168 1,091 Current liabilities 1,426 1,154 Year ended December 31, 2022 2021 2020 Statements of operation: Revenues $ 1,277 $ 501 $ 413 Gross profit (loss) 605 (22 ) (153 ) Net income (loss) 365 (148 ) (365 ) Net income (losses) attributable to the Company 184 (76 ) (185 )

PROPERTY, PLANT AND EQUIPMENT,

PROPERTY, PLANT AND EQUIPMENT, NET	12 Months Ended
	Dec. 31, 2022
Property, Plant and Equipment [Abstract]
PROPERTY, PLANT AND EQUIPMENT, NET	NOTE 6 - PROPERTY, PLANT AND EQUIPMENT, NET Composition of assets, grouped by major classifications, is as follows: December 31, 2022 2021 Cost: Land and buildings $ 17,130 $ 18,031 Machinery and equipment 75,518 63,875 Motor vehicles 302 302 Office furniture and equipment 2,362 1,906 Internal use software 2,610 2,123 97,922 86,237 Less: Accumulated depreciation 54,499 55,775 Depreciated cost $ 43,423 $ 30,462 Depreciation expenses amounted to $3,500, $4,718 and $3,960 for the years ended December 31, 2022, 2021 and 2020, respectively. During 2021, as part of the Company's restructuring plan and departure from Gedera's facility, the Company wrote off leasehold improvement assets in total amount of $1.8 million, out of this amount $600 was recognized as restructuring expenses due to impairment in OEM of heat transfer solutions and aviation accessories business unit which exanimated following the Company's restructuring plan announcement in March 2021. In addition, in 2021 $1.2 million recognized in cost of sales as an acceleration of amortization due to change in useful life of leasehold improvements assets.

LEASES

LEASES	12 Months Ended
	Dec. 31, 2022
Lessee Disclosure [Abstract]
LEASES	NOTE 7 - LEASES During 2021 the Company start to provided to the Company’s customers leasing services of APU engines. The results are reported as part of the Company's activity in MRO services for aviation components. The revenues from the lease services amounted to $6.8 and $2.7 million for the years ended December 31, 2022 and 2021 respectively. Lease commitments: Limco-Piedmont leases some of its operating and office facilities for various terms under long-term, non-cancelable operating lease agreements. The leases expire at various dates through 2030 TAT leases its factory in Gedera from TAT Industries until the end of 2024 The lease cost was as follows: Year ended December 31, 2022 Year ended December 31, 2021 Operating lease expenses 1,316 2,080 Supplemental cash flow information related to leases was as follows: Year ended December 31, 2022 Year ended December 31, 2021 Operating cash flows from operating leases 1,316 2,226 Right-of-use assets obtained in exchange for lease obligations (non-cash) 318 399 Supplemental balance sheet information related to operating leases is as follows: December 31, 2022 December 31, 2021 Operating Leases Operating lease right-of-use assets 2,477 3,114 Current operating lease liabilities 904 1,169 Non-current operating lease liabilities 1,535 1,989 Total operating lease liabilities 2,439 3,158 Weighted Average Remaining Lease Term Operating leases - Israel 2 years 2 years Operating leases – United States 4 years 5 years Weighted Average discount rate Operating leases - Israel 4.5 % 4.5 % Operating leases – United States 4.84 % 4.84 % As of December 31, 2022, the maturities of lease liabilities were as follows: Year Amount 2023 938 2024 835 2025 454 2026 246 2027 and after - Total lease payments 2,473 Less imputed interest (34 ) Total $ 2,439

INTANGIBLE ASSETS

INTANGIBLE ASSETS	12 Months Ended
	Dec. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
INTANGIBLE ASSETS	NOTE 8 - INTANGIBLE ASSETS Intangible assets: December 31, 2022 2021 Commercial license Cost $ 2,030 $ 2,030 Accumulated amortization (407 ) (201 ) Amortized cost $ 1,623 $ 1,829 In September 2020, Piedmont signed a 10-year agreement for the commercial MRO services for aviation components. Under this contract Honeywell licensed Piedmont as an authorized MRO station of APU 331-20X. Estimated amortization expenses for the five succeeding years is $200 thousands per year.

RESTRUCTURING COST

RESTRUCTURING COST	12 Months Ended
	Dec. 31, 2022
Restructuring and Related Activities [Abstract]
RESTRUCTURING COST	NOTE 9 - RESTRUCTURING COST In 2022, the Company completed the restructuring plan announced in 2021, pursuant to which, the Company transferred its operations from its leased facility in Gedera to its facilities in Tulsa, Oklahoma and Kiryat Gat. This transfer enables TAT to concentrate on heat exchanges activity in the United States allowing for better operational flow, getting closer to TAT’s customer base, and cutting fixed costs. The restructuring plan has a material impact on the Company's financial statements for the year 2022 and 2021 as follows: Restructuring Items December 31, 2022 December 31, 2021 Balance sheet Other Provisions $ 190 $ 657 Investment in building and infrastructures 4,571 2,382 Investment in machinery (**) 7,799 3,478 Total $ 12,560 $ 6,517 Profit and loss Restructuring expenses, net Forfeited guarantee $ 975 $ - Employee’s termination cost - 686 Restructuring income from lease modification - (1,315 ) Restructuring expenses from asset’s impairment - 1,800 Other restructuring expenses 740 584 $ 1,715 $ 1,755 Cost of sales Acceleration of assets depreciation expenses - $ 1,200 Total $ 1,715 $ 2,955 * Net cash used in operating activity for restructuring expenses in 2022 was $1.7 million. ** Investment in machinery was offset by a grant of $2.7 million ($1.2 and $1.5 million in 2021 and 2022 respectively) received from the State of Oklahoma as part of a larger incentive plan granted to TAT. As part of this plan TAT Limco will be entitled to several incentives including additional grants, tax exempt and incentives and support in employee's salaries over the next 10 years.

LONG-TERM LOANS AND CREDIT LINE

LONG-TERM LOANS AND CREDIT LINES	12 Months Ended
	Dec. 31, 2022
Long-Term Debt, by Current and Noncurrent [Abstract]
LONG-TERM LOANS AND CREDIT LINES	NOTE 10 - LONG-TERM LOANS AND CREDIT LINES In March 2022, TAT received a loan from a commercial bank in the amount of $3.7 million. The loan bears annual interest rate of 6.65% (Prime Rate +0.9%) and paid in equal monthly installment as of April 2022 through March 2029. This new loan is in addition to four previous loans received during 2020 and 2021 in an aggregate amount of $6.3 million and are guaranteed by the Israeli government. The loans bear annual interest of 7.25% (Prime Rate +1.5%) which are paid in equal monthly installments as of April 2021 through February 2033. An amount of $1,131 was classified to short-term loan as of December 31, 2022 During 2022, TAT received loans from a commercial bank in the US in an aggregate amount of $7.9 million. These loans are secured with a first-degree lien on the US subsidiaries equipment. The loans bear annual interest of 3.75% and 4.2% which are paid in equal monthly installments until 2029 and 2031. An amount of $744 was classified to short-term loan as of December 31, 2022. In March 2022 TAT received a short-term credit line of $5 million from a commercial bank in the US, this credit line bears an annual fixed interest rate of 2.9% and maturity date at March 2024. As of December 31, 2022 the Company have credit lines from commercial banks in the US in aggregate amount of $11 million. The first credit line in a total amount of $6 million bear an annual interest rate of (Wall Street Prime Rate) 7.75% and can be renewed by the end of the year for additional 12-month period. The carrying amounts of the short-term credit line is approximately fair value because of its short maturity. The credit line has financial covenants such as a) tangible net worth to total assets greater than 65%, b) net debt to EBITDA less than 4.5, and c) minimum debt service coverage ratio greater than 1.25. The Company satisfied such covenants as of December 31, 2022 and 2021. The second credit line in a total amount of $5 million bears an annual interest rate of 2.9% for a total period of 30 months. The credit line classified as of December 31,2022 as a long-term liability with maturity date as of March 2024. The credit line has financial covenants such as a) debt service coverage ratio greater than 1.15, b) debt to equity equal or less than 1. The Company satisfied such covenants as of December 31, 2022 and 2021. Israel Line of Credit Gov guaranteed loans Commercial loans Total balance amount $4,936 $3,100 Rate(*) 7.25% 6.65% Duration 5-10 7 USA Total balance amount $6,101 $12,651 Rate 2.9%-7.75% 3.75%-4.2% Duration (Years) Renewal 7-10 Maturities on long term loans are as follows: Year Amount 2023 1,949 2024 7,100 2025 2,042 2026 2,048 2027 and after 8,143 $ 21,284

GOVERNMENT GRANTS

GOVERNMENT GRANTS	12 Months Ended
	Dec. 31, 2022
Receivables [Abstract]
GOVERNMENT GRANTS	NOTE 11 - GOVERNMENT GRANTS Following the ERC plan launched by the US Government in 2020, during 2022 the Company had all the indications that the Company was eligible and fully guaranteed to receive the third phase of the ERC Plan. As a result, the Company recorded $1.2 million which was recognized as a deduction from payroll cost of revenues and selling and marketing, general and administrative expenses. As of December 31, 2022, the “other current assets and prepaid expenses” includes government grant receivable in the amount of $2 million. The full amount of grant receivable received in January 2023. In 2021, TAT received government grants (from both the Israeli and the US government) as part of the Coronavirus Aid and Relief in a total amount of $3.6 million which was recognized as a deduction from payroll and overhead cost of revenues and operating expenses.

ACCRUED EXPENSES AND OTHER

ACCRUED EXPENSES AND OTHER	12 Months Ended
	Dec. 31, 2022
Payables and Accruals [Abstract]
ACCRUED EXPENSES AND OTHER	NOTE 12 - ACCRUED EXPENSES December 31, 2022 2021 Employees and payroll accruals $ 3,951 $ 3,463 Accrued expenses 971 315 Authorities 200 327 Advances from customers 2,778 1,739 Warranty provision 243 243 Accrued royalties and rebate sales commissions 1,448 421 Other 95 451 $ 9,686 $ 6,959

RELATED PARTIES' TRANSACTIONS A

RELATED PARTIES' TRANSACTIONS AND BALANCES	12 Months Ended
	Dec. 31, 2022
Related Party Transactions [Abstract]
RELATED PARTIES' TRANSACTIONS AND BALANCES	NOTE 13 - RELATED PARTIES’ TRANSACTIONS AND BALANCES The amounts in the table below refer to TAT-Engineering joint venture and affiliates. Transactions: Year ended December 31, 2022 2021 2020 Revenue - Sales to related-party Company (*) $ 17 $ 88 $ 173 Cost and expenses - Supplies from related party (*) - $ 654 $ 362 Balances: December 31, 2022 2021 Trade receivables and other receivables (*) - $ 799 Trade payables and other payables (*) - $ 95 (*) includes mainly transactions with TAT-Engineering affiliated companies.

LONG-TERM EMPLOYEE-RELATED OBLI

LONG-TERM EMPLOYEE-RELATED OBLIGATIONS	12 Months Ended
	Dec. 31, 2022
Retirement Benefits [Abstract]
LONG-TERM EMPLOYEE-RELATED OBLIGATIONS	NOTE 14 - LONG-TERM EMPLOYEE-RELATED OBLIGATIONS Severance pay: The Company and its Israeli subsidiary are required to make severance payments upon dismissal of an employee or upon termination of employment in certain circumstances. The severance payment liability to the employees (based upon length of service and the latest monthly salary - one month’s salary for each year employed) is recorded on the Company’s balance sheet under “Liability in respect of employees rights upon retirement.” The liability is recorded as if it were payable at each balance sheet date on an undiscounted basis. According to Section 14 of the Israeli Severance Pay Law, the Israeli Company’s liability for certain employees, according to their employment agreements, make regular deposits with certain insurance companies for accounts controlled by each applicable employee in order to secure the employee’s retirement benefit obligation. The Company and its Israeli subsidiary are fully relieved from any severance pay liability with respect to each such employee after it makes the payments on behalf of the employee. The liability accrued in respect of these employees and the amounts funded, as of the respective agreement dates, are not reflected in the Company balance sheet, as the amounts funded are not under the control and management of the Company and the pension or severance pay risks have been irrevocably transferred to the applicable insurance companies (the “Contribution Plan”). With regard to employees that are not under the “Contribution Plan”, the liability is funded in part from the purchase of insurance policies or by the establishment of pension funds with dedicated deposits in the funds. The amounts used to fund these liabilities are included in the balance sheets under “Funds in respect of employee rights upon retirement.” These policies are the Company’s assets. In the years ended December 31, 2022, 2021 and 2020 the Company deposited $825, $778 and $830 respectively, with pension funds and insurance companies in connection with its severance payment obligations. Limco-Piedmont sponsors a 401(K) safe harbor profit sharing plan covering substantially all of its employees. The plan requires the employer to contribute a match which is currently done on a payroll period basis, matching 100% of the first 2% and 50% of all salary deferrals made up to the next 3%. In addition, the plan allows for a discretionary qualified non-elective contribution for the plan year. Contributions to the plan by Limco-Piedmont were $454, $349 and $156 for the years ended December 31, 2022, 2021 and 2020, respectively. The Group expects to contribute approximately $500 in 2023 to the pension funds and insurance companies in respect of their severance and pension pay obligations. The amounts of severance payments, actually paid to retired employees, by TAT were $274, $97 and $380 for the years ended December 31, 2022, 2021 and 2020. TAT expects to pay $1,264 in future benefits to their employees during 2023 through 2032 upon their normal retirement age. The amount was determined based on the employee’s current salary rates and the number of service years that will be accumulated upon the retirement date. These amounts do not include amounts that might be paid to employees that will cease working for the Israeli Company before their normal retirement age. Year Amount 2023 42 2024 68 2025 11 2026 158 2027 254 Thereafter (through 2032) 731 Total $ 1,264

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	12 Months Ended
	Dec. 31, 2022
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	NOTE 15 - COMMITMENTS AND CONTINGENCIES a. Commissions arrangements: The Group is committed to pay marketing commissions ranging 1% to 10% to sale agents of total sales contracts. Commission expenses were $412, $423 and $528 for the years ended December 31, 2022, 2021 and 2020, respectively. The commissions were recorded as part of the selling and marketing expenses. b. Royalty commitments: (1) TAT is committed to pay royalties to third parties, ranging from 12% to 20% of sales of products developed by the third parties. Royalty expenses were $47, $95 and $174 for the years ended December 31, 2022, 2021 and 2020, respectively. The royalties were recorded as part of the cost of revenues. (2) Piedmont is committed to pay royalties to a third party, ranging 5% to 13% of sales of products purchased from the third party. That third party is the exclusive manufacturer of the products for which Piedmont provides MRO services. In addition, Piedmont is committed to pay another third-party royalty of 10% to 20%, on parts reclaimed to use in MRO services or sold to our customers when they are manufactured by the third party. Royalty expenses were $1,747, $2,245 and $1,648 for the years ended December 31, 2022, 2021 and 2020, respectively. The royalties were recorded as part of the cost of revenues. c. Guarantees: (1) In order to secure TAT's liability to the Israeli customs, the Company provided bank guarantees in amounts of $190. The guarantees are linked to the consumer price index and will expire from March 2023 through February 2024. d. Litigation: (1) On December 29, 2022, a customer filed a suit against Limco in the Northern District of Oklahoma. And Limco intend to file a counter claim with complaints each against the other on the business relationship in the last five years. While Limco intends to vigorously defend the aforementioned matter, it believes that even if there was a loss in excess of its accrued liability with respect to these claims, such loss would not be material to the business, operations and financial condition of TAT. (2) On July 12, 2022 TAT filed a suit against TAT Industries Ltd. In the District Court of Tel Aviv. TAT had leased the Gedera facility from TAT Industries Ltd. until the termination of the lease agreement in 2022. TAT asserts that TAT Industries Ltd. has unlawfully forfeited a bank guarantee that was granted for the benefit TAT Industries Ltd. in connection with the lease in Gedera in the amount of $750 thousands. On December 28, 2022, TAT Industries Ltd. filed a counterclaim against TAT asserting damages caused by TAT in connection with the lease in Gedera. TAT intends to vigorously defend the counterclaim by TAT Industries Ltd. which is in a preliminary stage, and TAT cannot estimate at this stage what impact, if any, the litigation may have on its results of operations, financial condition, or cash flows.

SHAREHOLDERS' EQUITY

SHAREHOLDERS' EQUITY	12 Months Ended
	Dec. 31, 2022
Stockholders' Equity Note [Abstract]
SHAREHOLDERS' EQUITY	NOTE 16 - SHAREHOLDERS' EQUITY a. TAT's Ordinary shares confer upon their holders' voting rights, the right to receive dividends, if declared, and any amounts payable upon the dissolution, liquidation or winding up of the affairs of TAT. TAT's Treasure shares have no rights. b. Stock option plans: In November 2011, our audit committee and board of directors approved a stock option plan (the “2012 Plan”), which was subsequently approved by TAT’s shareholders, on June 28, 2012. According to the 2012 Plan an aggregate of 980,000 options exercisable into up to 980,000 ordinary shares, 0.9 NIS par value, of TAT may be granted to certain members of our board of directors and certain senior executives at an exercise price not less than the fair market value of the shares covered by the option on the date of grant. On August 30, 2018 the Company's compensation committee, followed by the Board of Directors, approved the amended and restated Company's 2012 Plan. On October 4, 2018 the Company's amended and restated 2012 Plan was approved at the annual general meeting of shareholders. As part of the Company's 2012 Plan’s amendments it was determined that if the Company declares a cash dividend to its shareholders, and the distribution date of such dividend will precede the exercise date of an Option, including for the avoidance of doubt, Options that have yet to become vested and Options which have been granted prior to the adoption of such amendment to the Plan, the exercise price of the option shall be reduced in the amount equal to the cash dividend per share distributed by the Company. Following the approval of TAT's audit committee and board of directors, on November 8, 2022 the Company’s shareholders approved the 2022 stock option plan (the “2022 Plan”, and together with the 2012 Plan, the “Plans”). According to the 2022 Plan an aggregate of 550,000 options exercisable into up to 550,000 ordinary shares, 0.9 NIS par value, of TAT may be granted to certain members of our board of directors and certain senior executives at an exercise price not less than the fair market value of the shares covered by the option on the date of grant Total aggregate option pool under the Plans is 1,530,000 (*) ordinary share of the Company. In general, the options under the Plans vest over a period of 4 years as follows: 25% of the options vest upon the lapse of 12 months following the date of grant and the remaining 75% vest on a quarterly basis over the remaining 3-year period. Pursuant to the Plans, any options that are cancelled or not exercised within the option period determined in the relevant option agreement will become available for future grants. The grant of options to Israeli employees under the Plans is subject to the terms stipulated by Sections 102 and 102A of the Israeli Income Tax Ordinance. Each option grant is subject to the track chosen by the Company, either Section 102 or Section 102A of the Israeli Income Tax Ordinance, and pursuant to the terms thereof, the Company is not allowed to claim as an expense for tax purposes the amounts credited to employees as benefits, including amounts recorded as salary benefits in the Company’s accounts, in respect of options granted to employees under the Plans, with the exception of the work income benefit component, if any, determined on grant date. For nonemployees and for non-Israeli employees, the share option plan is subject to Section 3(i) of the Israeli Income Tax Ordinance. As of December 31, 2022, options to purchase 675,000 ordinary shares were outstanding under the Plans, exercisable at an average exercise price of $7.17 per share. (*) of which 1,335,132 options are approved by the Tel Aviv Stock Exchange to be allocated to grantees. (1) On October 15, 2020, pursuant to the 2012 Plan, TAT’s Board of Directors approved the grant of 50,000 Options, at an exercise price of $4.58 per share, to senior executive. (2) On March 30, 2021, pursuant to the 2012 Plan, TAT’s Board of Directors approved the grant of 25,000 Options, at an exercise price of $5.91 per share, to senior executive. (3) On March 30, 2021, pursuant to the 2012 Plan, TAT’s Board of Directors approved the grant of 25,000 Options, at an exercise price of $5.91 per share, to senior executive. (4) On March 30, 2021, pursuant to the 2012 Plan, TAT’s Board of Directors approved the grant of 25,000 Options, at an exercise price of $5.91 per share, to senior executive. (5) On March 30, 2021, pursuant to the 2012 Plan, TAT’s Board of Directors approved the grant of 25,000 Options, at an exercise price of $5.91 per share, to senior executive. (6) On July 25, 2021, pursuant to the 2012 Plan, TAT’s Board of Directors approved the grant of 20,000 Options, at an exercise price of $6.41 per share, to senior executive. (7) On August 30, 2021, pursuant to the 2012 Plan, TAT’s Board of Directors approved the grant of 100,000 Options, at an exercise price of $7 per share, to senior executive. (8) On March 22, 2022, pursuant to the 2012 Plan, TAT’s Board of Directors approved the grant of 50,000 Options, at an exercise price of $6.59 per share, to senior executive. (9) On May 1, 2022, pursuant to the 2012 Plan, TAT’s Board of Directors approved the grant of 20,000 Options, at an exercise price of $6.42 per share, to senior executive. (10) On May 22, 2022, pursuant to the 2012 Plan, TAT’s Board of Directors approved the grant of 50,000 Options, at an exercise price of $6.56 per share, to senior executive. (11) On December 1, 2022, pursuant to the 2022 Plan, TAT’s Board of Directors approved the grant of 50,000 Options, at an exercise price of $6.42 per share, to senior executive. The fair value of the Company’s stock options granted under the 2012 and 2022 plan for the years ended December 31, 2022, 2021 and 2020 was estimated using the following assumptions: 2022 2021 2020 Expected stock price volatility 54.8% – 48.4% 45.6% – 52% 44.7% – 43.5% Expected option life (in years) 1-5 3.5-5 3.5-5 Risk free interest rate 0.63% – 4.04% 0.1% – 0.64% 0.12% – 0.25% Dividend yield 0% 0% 0% The Company uses the Black-Scholes option pricing model to determine the weighted average fair value of options. The volatility factor used in the Black-Scholes option pricing model is based on historical stock price fluctuations. The expected term of options is based on the simplified method. The Company is able to use the simplified method as the options qualify as “plain vanilla” options as defined by ASC 718-10-S99 and since the Company does not have sufficient historical exercise data to provide a reasonable basis to estimate expected term. Expected dividend yield is based upon historical and projected dividend activity and the risk-free interest rate assumption is based on observed interest rates appropriate for the expected term of the stock options granted. Following the Company's amended and restated 2012 stock plan and 2022 stock plan related to the adjustment of the exercise price in respect of dividend distribution, the dividend yield was amended to 0%. The following table is a summary of the activity of TAT's Stock Option plan: Year ended December 31, Year ended December 31, Year ended December 31, 2022 2021 2020 Number of options Weighted average exercise price Number of options Weighted average exercise price Number of options Weighted average exercise price Outstanding at the beginning of the year 720,000 $ 6.8 621,460 $ 7.26 571,460 $ 7.53 Granted 170,000 6.56 220,000 6.45 50,000 4.58 Forfeited (178,150 ) 5.63 (121,460 ) 8.9 - - Exercised (36,850 ) 5.25 - - - - Outstanding at the end of the year 675,000 7.17 720,000 6.8 621,460 7.26 Exercisable at the end of the year 412,813 $ 7.54 379,375 $ 7.44 381,629 $ 7.91 The weighted-average grant-date fair value of options granted was $2.33 in 2022, $1.92 in 2021 and $1.41 in 2020. The aggregate intrinsic value for the options outstanding as of December 31, 2022, 2021 and 2020 was $0, $0 and $0, respectively. As of December 31, 2022, total unrecognized compensation cost was $365 and is expected to be recognized over a weighted-average period of 3.64 years.

EARNINGS PER SHARE (EPS)

EARNINGS PER SHARE (EPS)	12 Months Ended
	Dec. 31, 2022
Earnings Per Share [Abstract]
EARNINGS PER SHARE ("EPS")	NOTE 17 - EARNINGS PER SHARE (“EPS”) Basic and diluted earnings per share are based on the weighted average number of ordinary shares outstanding, net of treasury shares. Diluted EPS is based on those shares used in basic EPS plus shares that would have been outstanding assuming issuance of ordinary shares for all dilutive potential ordinary shares outstanding. Year ended December 31, 2022 2021 2020 Numerator for EPS: Net loss $ (1,562 ) $ (3,562 ) $ (5,329 ) Denominator for EPS: Weighted average shares outstanding – basic 8,911,546 8,874,696 8,874,696 Dilutive shares - - - Weighted average shares outstanding – diluted 8,911,546 8,874,696 8,874,696 EPS: Basic and diluted $ (0.175 ) $ (0.4 ) $ (0.6 ) Diluted loss per share does not include 675,000, 720,000 and 621,460 options, for the years ended December 31, 2022, 2021 and 2020 respectively because the options are anti-dilutive. Dilutive shares are calculated using the treasury stock method and include dilutive shares from share-based employee compensation plans.

DISCONTINUED OPERATION

DISCONTINUED OPERATION	12 Months Ended
	Dec. 31, 2022
Discontinued Operations and Disposal Groups [Abstract]
DISCONTINUED OPERATION	NOTE 18 - DISCONTINUED OPERATION In June 2020, the Company ' Year ended December 31, 2022 2021 2020 Revenue: Services $ - $ 440 $ 955 Cost of revenue: Services - 429 1,062 Gross profit (loss) - 11 (107 ) Operating expenses: Research and development, net - 16 42 Selling and marketing - 29 90 General and administrative - 68 191 - 113 323 Operating income (loss) - (102 ) (430 ) Financial expenses (income) - - - Income (loss) on disposal of discontinued operation (1) - 529 (1,415 ) Net Income (loss) $ - $ 427 $ (1,845 ) (1) During 2020, the Company wrote off total assets of $1.4 mllion. During 2021 the Company was succeeded to collect and sell some of the account receivable and inventory that were written off in total amount of $529. The final disposal of this activity was finalized in 2021.

TAXES ON INCOME

TAXES ON INCOME	12 Months Ended
	Dec. 31, 2022
Income Tax Disclosure [Abstract]
TAXES ON INCOME	NOTE 19 - TAXES ON INCOME a. Tax benefits under the Law for the Encouragement of Capital Investments, 1959 ("the Law"): Until December 31, 2010, TAT and Turbochrome has elected to participate in the alternative package of tax benefits for its approved and benefited enterprise under the law. Pursuant to such Law, the income derived from those enterprises will be exempt from Israeli corporate tax for a specified benefit period (except to the extent that dividends are distributed during the tax-exemption period other than upon liquidation) and subject to reduced corporate tax rates for an additional period. In addition pursuant to a recent amendment of the Law, any distribution of dividend as of August 15, 2021 will be prorated between exempt income and taxable income. As such, upon dividend distribution, in case the company has accumulated exempt income, the companywill be obligated to pay the corporate income tax it was exempted from with respect to the exempt profits portion. Preferred Enterprises Additional amendments to the Law became effective in January 2011 (the “2011 Amendment”). Under the 2011 Amendment, income derived by ‘Preferred Companies’ from ‘Preferred Enterprises’ (both as defined in the 2011 Amendment) would be subject to a uniform rate of corporate tax as opposed to the incentives that are limited to income from Approved or Benefiting Enterprises during their benefits period. According to the 2011 Amendment, the uniform tax rate on such income, referred to as ‘Preferred Income’, would be 6% in areas in Israel that are designated as Development Zone A and 12% elsewhere in Israel. Dividends distributed from taxable income derived from Preferred Enterprise would be subject to a 15% tax (or lower, if so provided under an applicable tax treaty), which would generally be withheld by the distributing Company .While the Company may incur additional tax liability in the event of distribution of dividends from tax exempt income generated from its Approved and Benefiting Enterprises, no additional tax liability will be incurred by the Company in the event of distribution of dividends from income taxed in accordance with the 2011 Amendment Under the transitional provisions of the 2011 Amendment, the Company elected to irrevocably implement the 2011 Amendment, commencing 2011 and thereafter, and be regarded as a "Preferred Enterprise" with respect to its existing Approved and Benefited Enterprises while waiving benefits provided under the legislation prior to the 2011 Amendment. Under a recent amendment, announced in August 2013, beginning in 2014, dividends paid out of income attributed to a Preferred Enterprise will be subject to a withholding tax rate of 20% (instead of 15%). In addition, tax rates under the Preferred Enterprise were also raised effective as of January 1, 2014 to 9% in Zone A and 16%. The uniform tax rate for Development Zone A, as of January 1, 2017, is 7.5% (as part of changes enacted in Amendment 73). TAT is located in an area in Israel that is designated as elsewhere and as such entitled to reduce tax rates of 16%. Turbochrome is in an area in Israel that is designated as Zone A and as such entitled to reduce tax rates of 7.5%. b. Corporate tax rate in Israel The taxable income of TAT, not subject to benefits as detailed above, is taxed at the standard Israeli corporate tax rate, which was 23% for all years included in these financial statements. Capital gain is subject to capital gain tax according to corporate tax rate in the year which the assets are sold. c. U.S. subsidiaries U.S. subsidiaries are taxed based on federal and state tax laws. The Federal statutory tax rate for 2022, 2021 and 2020 was 21% plus 3%-6% for state taxes. As of December 31, 2022, the Company has an accumulated tax loss carryforward of approximately $970 (as of December 31, 2021, $615). Under U.S. tax laws, subject to certain limitations, carryforward tax losses originating in tax years beginning after January 1, 2018, have no expiration date, but they are limited to 80% of the Company’s taxable income in any given tax year. d. Tax assessments TAT’s income tax assessments are considered final through 2017. Turbochrome income tax assessments are considered final through 2017. Limco-Piedmont income tax assessments are considered final through 2018. e. Income tax reconciliation: A reconciliation of the theoretical tax expense assuming all income is taxed at the statutory rate to taxes on income (tax benefit) as reported in the statements of income: Year ended December 31, 2022 2021 2020 Income (loss) before taxes on income (tax benefit) from continued operations reported in the statements of income $ (1,648 ) $ (4,575 ) $ (4,816 ) Statutory tax rate in Israel 23 % 23 % 23 % Theoretical taxes on income (tax benefit) $ (379 ) $ (1,052 ) $ (1,108 ) Increase (decrease) in taxes on income resulting from: Tax adjustment for foreign subsidiaries subject to a different tax rate (13 ) 75 50 Reduced tax rate on income derived from "Preferred Enterprises" plans (48 ) 149 580 Earnings from foreign subsidiaries (1) - - (2,338 ) Deferred tax assets from discontinued operation profit (loss) - 98 (138 ) Reduced deferred tax asset from expecting utilization of carryforward losses - - 1,984 Tax in respect of prior years 59 24 (345 ) Temporary differences for which no deferred taxes were recorded 238 - (377 ) Permanent differences 77 71 24 Other adjustments 164 (27 ) 151 Taxes on income (tax benefit) as reported in the statements of income $ 98 $ (662 ) $ (1,517 ) (1) The Company recorded an accrual that related to a deferred tax liability due to the possibility of future distribution of earnings from foreign subsidiaries of the Company. During 2020 and 2021, the Company received loans from commercial banks in the US and Israel in a total amount of $6 million. As part of the loan terms, the Company cannot distribute dividends to its shareholders during the next five years. Therefore, the Company wrote off the deferred tax liability in 2020 . f. Income (loss) before taxes on income (tax benefit) is comprised as follows: Year ended December 31, 2022 2021 2020 Domestic (Israel) $ (1,201 ) $ (5,139 ) $ (4,499 ) Foreign (United States) (447 ) 564 (317 ) $ (1,648 ) $ (4,575 ) $ (4,816 ) g. Taxes on income (tax benefit) included in the statements of income: Year ended December 31, 2022 2021 2020 Current: Domestic (Israel) $ - $ - $ - Foreign (United States) - - - - - - Deferred: Domestic (Israel) 268 (579 ) (683 ) Foreign (United States) (111 ) (107 ) (489 ) 157 (686 ) (1,172 ) Previous years: Domestic (Israel) - - (134 ) Foreign (United States) (59 ) 24 (211 ) - - (345 ) $ 98 $ (662 ) $ (1,517 ) h. Deferred income taxes: Deferred income taxes reflect the net tax effects of temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amounts used for income tax purposes. Significant components of TAT's deferred tax liabilities and assets are as follows: December 31, 2022 2021 Deferred tax assets: Provision for current expected credit losses $ - $ 95 Provisions for employee benefits 378 495 Inventory 1,288 1,212 Capital tax losses carryforward 2,475 3,500 Net operating losses carryforward 4,040 3,084 Other 475 326 Deferred tax assets, before valuation allowance $ 8,656 $ 8,712 Valuation allowance (5,202 ) (5,484 ) Deferred tax assets, net $ 3,454 $ 3,228 Deferred tax liabilities: Property, plant and equipment (1,884 ) (1,542 ) Intangible assets (341 ) (434 ) Other temporary differences deferred tax liabilities - - Deferred tax liabilities $ (2,225 ) $ (1,976 ) Net $ 1,229 $ 1,252 The following table summarizes the changes in the valuation allowance for deferred tax assets: Balance, December 31, 2019 $ 3,500 Additions during the year 1,984 Balance, December 31,2020 $ 5,484 Additions during the year - Balance, December 31,2021 $ 5,484 Additions during the year (282 ) Balance, December 31,2022 $ 5,202 Valuation allowances are mainly related to (i) U.S. subsidiary for which valuation allowance was provided in respect of deferred tax assets resulting from carryforward of State tax losses in the amount of $1,519. That amount is expected to expire gradually starting from 2024 and (ii) Capital losses attributed to the Company in the amount of $956. (iii) corporate income tax losses carryforward incurred in TAT Gedera in amount of $2,727.

SEGMENT INFORMATION

SEGMENT INFORMATION	12 Months Ended
	Dec. 31, 2022
Segment Reporting [Abstract]
SEGMENT INFORMATION	NOTE 20 - SEGMENT INFORMATION a. Segment Activities Disclosure: TAT operates under four segments: (i) Original equipment manufacturing (“OEM”) of heat transfer solutions and aviation accessories mainly through our Gedera facility and our Limco subsidiary; (ii) MRO services for heat transfer components and OEM of heat transfer solutions through its Limco subsidiary; (iii) MRO services for aviation components (mainly APU and LG) through its Piedmont subsidiary; and (iv) Overhaul and coating of jet engine components through its Turbochrome subsidiary. - OEM of heat transfer solutions and aviation accessories primarily include the design, development and - MRO Services for heat transfer components and OEM of heat transfer solutions primarily include the MRO - MRO services for aviation components include the MRO of APUs, landing gears and other aircraft components, as well as APU lease activity. TAT’s Piedmont subsidiary operates an FAA-certified repair station, which provides aircraft component MRO services for airlines, air cargo carriers, maintenance service centers and the military. - TAT’s activities in the area of overhaul and coating of jet engine components includes the overhaul and The discontinued operation regarding to the JT8D activity is part of the coating jet engines component segment . The Group’s chief operating decision-maker (CEO of the Company) evaluates performance, makes operating decisions and allocates resources based on financial data, consistent with the presentation in the accompanying financial statements. CODM reviews revenue, gross profit, operating income and the following assets: cash and cash equivalents, accounts receivable and inventory. During 2022 TAT completed its plan to consolidate the Company’s operations from four to three production sites by consolidating its production sites in Israel “OEM of heat transfer solutions and aviation accessories” with the “overhaul and coating of jet engine activity” and transferring the heat exchanges cores production operations from Israel to the Company’s production site in Tulsa, Oklahoma. b. Segments statement operations disclosure: The following financial information is the information that CODM uses for analyzing the segment results. The figures are presented in consolidated method as presented to CODM. The following financial information is a summary of the operating income of each operational segment: Year ended December 31, 2022 OEM of Heat Transfer Solutions and Aviation Accessories MRO Services for heat transfer components and OEM of heat transfer solutions MRO services for Aviation Components and Lease Overhaul and coating of jet engine components Elimination of inter-Company sales Consolidated Revenues $ 21,844 $ 24,796 $ 35,879 $ 5,770 $ (3,733 ) $ 84,556 Cost of revenues 18,778 20,750 28,890 3,495 (3,285 ) 68,628 Gross profit 3,066 4,046 6,989 2,275 (448 ) 15,928 Research and development 193 54 286 19 (74 ) 479 Selling and marketing 1,936 926 2,383 330 54 5,629 General and administrative 3,226 2,462 3,686 594 2 9,970 Other expenses (income) (1,566 ) (52 ) (18 ) - 1,547 (90 ) Restructuring expenses, net 975 618 - 122 - 1,715 Operating income (loss) $ (1,698 ) $ 38 $ 652 $ 1,210 $ (1,977 ) $ (1,775 ) Financial income, net 127 Loss before tax benefits (1,648 ) Year ended December 31, 2021 OEM of Heat Transfer Solutions and Aviation Accessories MRO Services for heat transfer components and OEM of heat transfer solutions MRO services for Aviation Components and Lease Overhaul and coating of jet engine components Elimination of inter-Company sales Consolidated Revenues $ 25,977 $ 18,846 $ 33,232 $ 3,834 $ (3,916 ) $ 77,973 Cost of revenues 24,044 16,922 26,444 2,978 (3,685 ) 66,703 Gross profit 1,933 1,924 6,788 856 (231 ) 11,270 Research and development 122 80 202 160 (47 ) 517 Selling and marketing 2,040 1,015 1,961 220 (89 ) 5,147 General and administrative 3,128 1,855 3,004 558 (191 ) 8,354 Other expenses (income) (913 ) - (432 ) (19 ) 896 (468 ) Restructuring expenses, net 1,338 386 - 31 - 1,755 Operating income (loss) $ (3,782 ) $ (1,412 ) $ 2,053 $ (94 ) $ (800 ) $ (4,035 ) Financial expenses, net 540 Loss before tax benefits (4,575 ) Year ended December 31, 2020 OEM of Heat Transfer Solutions and Aviation Accessories MRO Services for heat transfer components and OEM of heat transfer solutions MRO services for Aviation Components and Lease Overhaul and coating of jet engine components Elimination of inter-Company sales Consolidated Revenues $ 23,125 $ 20,640 $ 31,189 $ 3,546 $ (3,141 ) $ 75,359 Cost of revenues 21,703 17,885 26,961 3,312 (2,937 ) 66,924 Gross profit (loss) 1,422 2,755 4,228 234 (204 ) 8,435 Research and development (3 ) (2 ) 7 183 - 185 Selling and marketing 1,429 1,152 1,527 261 - 4,369 General and administrative 2,183 2,054 2,732 643 - 7,612 Other expenses (income) - 21 - 294 - 315 Operating income (loss) $ (2,187 ) $ (470 ) $ (38 ) $ (1,147 ) $ (204 ) $ (4,046 ) Financial expenses, net 770 Loss before taxes on income (4,816 ) c. The following financial information identifies the assets, depreciation and amortization, and capital expenditures to segments: Year ended December 31, 2022 OEM of Heat Transfer Solutions and Aviation Accessories MRO Services for heat transfer components and OEM of heat transfer solutions MRO services for Aviation Components and Lease Overhaul and coating of jet engine components Amounts not allocated to segments Consolidated Total assets 24,251 39,193 55,616 8,846 (1,255 ) 126,651 Depreciation and amortization 690 432 2,325 259 - 3,706 Expenditure for segment assets 1,012 9,345 5,411 2,107 - 17,875 Year ended December 31, 2021 OEM of Heat Transfer Solutions and Aviation Accessories MRO Services for heat transfer components and OEM of heat transfer solutions MRO services for Aviation Components and Lease Overhaul and coating of jet engine components Amounts not allocated to segments Consolidated Total assets 27,271 27,267 45,112 7,128 4,055 110,833 Depreciation and amortization 2,174 740 1,683 284 - 4,881 Asset’s impairment 1,800 1,800 Expenditure for segment assets 271 4,831 5,624 1,604 - 12,330

ENTITY-WIDE DISCLOSURE

ENTITY-WIDE DISCLOSURE	12 Months Ended
	Dec. 31, 2022
Segments, Geographical Areas [Abstract]
ENTITY-WIDE DISCLOSURE	NOTE 21 - ENTITY-WIDE DISCLOSURE a. Total revenues - by geographical location were attributed according to customer residential country as follows: Year ended December 31, 2022 2021 2020 Total revenues Total revenues Total revenues Sale of products Israel $ 3,249 $ 5,532 $ 3,355 United States 15,616 13,716 12,284 Other 6,595 6,622 7,100 $ 25,460 $ 25,870 $ 22,739 Year ended December 31, 2022 2021 2020 Total revenues Total revenues Total revenues Sale of Services Israel $ 3,913 $ 2,213 $ 3,543 United States 40,954 34,231 34,765 Other 14,229 15,659 14,312 $ 59,096 $ 52,103 $ 52,620 b. Total long-lived assets - by geographical location were as follows: December 31, 2022 2021 2020 Israel $ 10,231 $ 8,427 $ 15,071 United States 41,270 26,978 18,908 Total $ 51,501 $ 35,405 $ 33,979 c. Major Customers The Company has a single customer which his annual sales in 2022 constitute 8.4% from the total group sales. The company has a single customer which his annual sales in 2021 constitutes 12.8% from the total group sales.

SUPPLEMENTAL CONSOLIDATED BALAN

SUPPLEMENTAL CONSOLIDATED BALANCE SHEETS INFORMATION	12 Months Ended
	Dec. 31, 2022
SEC Schedule, 12-09, Valuation and Qualifying Accounts [Abstract]
SUPPLEMENTAL CONSOLIDATED BALANCE SHEETS INFORMATION	NOTE 22 - SUPPLEMENTAL CONSOLIDATED BALANCE SHEETS INFORMATION Warranty provision Provision for current expected credit losses Balance, as of December 31, 2019 $ 235 $ 314 Additions 80 194 Deductions (65 ) (202 ) Balance, as of December 31, 2020 $ 250 $ 306 Additions 80 269 Deductions (87 ) (186 ) Balance, as of December 31, 2021 $ 243 $ 389 Additions - - Deductions - 138 Balance as of December 31, 2022 $ 243 $ 527

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	12 Months Ended
	Dec. 31, 2022
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	NOTE 23 - SUBSEQUENT EVENTS In January 2023 the Company received the eligible employee’s retention credit (ERC) grant from the IRS for the Company '

SIGNIFICANT ACCOUNTING POLICI_2

SIGNIFICANT ACCOUNTING POLICIES (Policies)	12 Months Ended
	Dec. 31, 2022
Accounting Policies [Abstract]
Basis of Presentation	a. Basis of Presentation The Group's financial statements have been prepared in accordance with generally accepted accounting principles in the United States ("U.S. GAAP").
Use of estimates in the preparation of financial statement	b. Use of estimates in the preparation of financial statement The preparation of consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclose the nature of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting years. Actual results could differ from those estimates. As applicable to these financial statements, the most significant estimates and assumptions relate to: recoverability of inventory, provision for current expected credit loss and income taxes.
Functional currency	c. Functional currency The majority of the company and subsidiaries are generated in U.S. dollars ("dollars") and a substantial portion of the costs of the company and each subsidiary in the Group are incurred in dollars. Accordingly, the dollar is the currency of the primary economic environment in which the Group operates and accordingly its functional and reporting currency is the dollar. Transactions and balances originally denominated in dollars are presented at their original amounts. Balances in currencies other than the U.S. dollar are translated into dollars using historical and current exchange rates for non-monetary and monetary balances, respectively. For non-dollar transactions and other items in the statements of income (indicated below), the following exchange rates are used: (i) for transactions - exchange rates at transaction dates or average rates; and (ii) for other items (derived from non-monetary balance sheet items such as depreciation and amortization, etc.) - historical exchange rates. Currency transaction gains and losses are carried to financial income or expenses, as appropriate.
Principles of consolidation	d. Principles of consolidation The consolidated financial statements include the accounts of TAT and its subsidiaries. Intercompany balances and transactions, including profits from intercompany sales not yet realized outside the Group, have been eliminated upon consolidation.
Cash and Cash equivalents	e. Cash and Cash equivalents All highly liquid investments, which include short-term bank deposits, that are not restricted as to withdrawal or use. The period to maturity of which do not exceed three months at the time of investment, are considered to be cash equivalents.
Accounts receivable, net	f. Accounts receivable, net The Group’s accounts receivable balances are due from customers primarily in the airline and defense industries. Credit is extended based on evaluation of a customer’s financial condition and generally, collateral is not required. Trade accounts receivable from sales of services and products are typically due from customers within 30 - 90 days. Trade accounts receivable balances are stated at amounts due from customers net of a provision for current expected losses. Accounts receivable have been reduced by an allowance for current expected losses. The Company maintains the allowance for estimated losses resulting from the inability of the Company’s customers to make required payments. The allowance represents the current estimate of lifetime expected credit losses over the remaining duration of existing accounts receivable considering current market conditions and supportable forecasts when appropriate. The estimate is a result of the Company’s ongoing evaluation of collectability, customer creditworthiness, historical levels of credit losses, and future expectations. Write-off activity and recoveries for the periods presented were not material (see note 22).
Inventory	g. Inventory Inventory is measured at the lower of cost and net realizable value. Inventories include raw materials, parts, work in progress and finished products. Cost of raw material and parts is determined using the “moving average” basis. Cost of work in progress and finished products is calculated based on actual costs. Capitalized production costs components, mainly labor and overhead, are determined on average basis over the production period. Since the Group sells products and services related to airplane accessories for airplanes that can be in service for 20 to 50 years, it must keep a supply of such products and parts on hand while the airplanes are in use. The Group writes down its inventory for estimated obsolescence and unmarketable inventory equal to the difference between the cost of inventory and net realizable value, which includes costs to sell based upon assumptions for future demand and market conditions. If actual market prices are less favorable than those projected by management, inventory write-downs may be required. When inventory is written down, a new lower cost basis for that inventory is established.
Property, plant and equipment	h. Property, plant and equipment Property, plant and equipment are stated at cost, after deduction of the related investment grants, net of accumulated depreciation. Depreciation is calculated using the straight-line method over the estimated useful lives of the assets, as follows: Years Buildings and leasehold improvements 15 - 39 Machinery and equipment 15 - 20 Motor vehicles 7 Office furniture and equipment 3 - 5 Internal use software 7 Leasehold improvements are included in buildings and amortized using the straight-line method over the period of the lease contract, or the estimated useful life of the asset, whichever is shorter. During 2021 the Company's management reassessed and updated the useful life of each one of the groups of fixed assets. The change in the estimated useful life was accounted for prospectively in accordance with ASC 250-10. Capitalized Software Costs We capitalize costs related to our internal-use software systems that have reached the application development stage. Such capitalized costs include payroll, payroll-related expenses, and external direct costs, which are directly associated with creating and enhancing internal use software. Capitalization of such costs begins when the preliminary project stage is complete and ceases at the point in which the project is substantially complete and is ready for its intended purpose. The costs capitalized in the application development stage primarily include the costs of coding and testing of a new system or of a significant upgrade and enhancement. Costs related to preliminary project activities and post implementation activities are expensed as incurred. Capitalized software costs are amortized on a straight-line basis over their estimated useful life. We evaluate the useful lives of these assets on an annual basis and test for impairment whenever events or changes in circumstances occur that could impact the recoverability of these assets. Refer to Note 6 for further information. Capitalized software costs are included in property, equipment and software, net in the consolidated balance sheet.
Government grants:	i. Government grants: Grants received from the IIA for approved research and development projects are recognized at the time the Company is reasonably assured that it will be entitled to such grants, on the basis of the costs incurred and included as a deduction from research and development expenses. Due to the fact that the Company is defined as a "Traditional Industry Company", under the IIA regulations, the majority of grants are non-royalty bearing. Government grants relating to the purchase of property, plant and equipment (refer to note 6) are presented in the statement of financial position as a deduction to the carrying amount of the asset and they are credited to profit or loss on a straight-line basis over the expected lives of the related assets.
Investment in affiliates and share in results of equity investment of affiliated companies	j. Investment in affiliates and share in results of equity investment of affiliated companies Investment in which the Group exercises significant influence and which is not considered a subsidiary ("affiliate") is accounted for using the equity method, whereby the Group recognizes its proportionate share of the affiliated company's net income or loss after the date of investment. See Note 5. The Group reviews those investments for impairment whenever events indicate the carrying amount may not be recoverable. See Note 1(c). On consolidation, transactions between the Group and the affiliate are eliminated in the amount which related to the Group's proportionate share of the affiliate.
Leases	k. Leases The Company determines if an arrangement is a lease at inception. Balances related to operating leases are included in operating lease right-of-use (“ROU”) assets and operating lease liabilities in the consolidated balance sheets. ROU assets represent the Company’s right to use an underlying asset for the lease term and lease liabilities represent the Company’s obligation to make lease payments arising from the lease. Operating lease ROU assets are recognized as the lease liability, adjusted for lease incentives received and prepayments made. Lease liabilities are recognized at the present value of the future lease payments at the lease commencement date. The Company’s lease terms may include options to extend or terminate the lease when it is reasonably certain that the Company will exercise that option. The discount rate for the lease is the rate implicit in the lease unless that rate cannot be readily determined. As the Company’s leases do not provide an implicit rate, the Company’s uses its estimated incremental borrowing rate based on the information available at the commencement date in determining the present value of lease payments. Lease expense for lease payments is recognized on a straight-line basis over the lease term (see also note 2aa). Revenue from Leasing Transactions under ASC 842 The Company accounts for certain leasing revenues in accordance with ASC 842, which qualify for operating lease treatment. For operating leases in which the Company is the lessor, lease payments are recognized as leasing revenue over the lease term on a straight-line basis. APUs engines subject to operating leases are classified as property, plant, and equipment and depreciated on a straight-line basis over the useful life, see Note 7.
Identified intangible assets	l. Identified intangible assets Identifiable intangible assets are comprised of definite lived intangible assets - customer relationships and commercial license which are amortized over 7 and 10 years respectively, using the straight-line method over their estimated period of useful life as determined by identifying the period in which substantially all of the cash flows are expected to be generated. Amortization of customer relationships is recorded under selling and marketing expenses (this intangible asset was fully impaired during the year ended December 31, 2020, see note 8) and the amortization of the commercial license is recorded in the cost of sales.
Impairment of long-lived assets	m. Impairment of long-lived assets Long-lived assets, including property, plant and equipment, operating lease right of use assets and definite life intangible assets are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of the assets (or asset group) may not be recoverable. In the event that the sum of the expected future cash flows (undiscounted and without interest charges) of the long-lived assets (or asset group) is less than the carrying amount of such assets, an impairment charge would be recognized and the assets (or asset group) would be written down to their estimated fair values (see also Notes 6,7 and 8).
Treasury Shares	n. Treasury Shares Company shares held by the Company are presented as a reduction of equity at their cost to the Company. The treasury shares have no rights.
Revenue Recognition	o. Revenue Recognition The Group generates its revenues from the sale of OEM products and systems, providing MRO services (remanufacture, maintenance, repair and overhaul services and long - term service contracts) and parts services. A contract with a customer exists only when: the parties to the contract have approved it and are committed to perform their respective obligations, the Company can identify each party’s rights regarding the distinct goods or services to be transferred (“performance obligations”), the Company can determine the transaction price for the goods or services to be transferred, the contract has commercial substance and it is probable that the Company will collect the consideration to which it will be entitled in exchange for the goods or services that will be transferred to the customer. Revenues are recorded in the amount of consideration to which the Company expects to be entitled in exchange for performance obligations upon transfer of control to the customer, excluding amounts collected on behalf of other third parties and sales taxes. To determine revenue recognition for arrangements that an entity determines are within the scope of Topic 606, the entity performs the following five steps: (i) identify the contract(s) with a customer; (ii) identify the performance obligations in the contract; (iii) determine the transaction price; (iv) allocate the transaction price to the performance obligations in the contract; and (v) recognize revenue when (or as) the performance obligation is satisfied. The Company has adopted the following exemptions and accounting policies: a. The Company has chosen to account for shipping as a fulfillment costs, in cases in which the shipping occurs after the customer has obtained control of a good. b. The Company has chosen not to adjust the promised amount of consideration for the effects of a significant financing component, in cases in which the Company expects, at contract inception, that the period between when the Company transfers a promised good or service to the customer and when the customer pays for that good or service will be one year or less. c. The Company has chosen to present all sales taxes collected from customers on a net basis. The group recognizes revenues from the sale of OEM products when it satisfies a performance obligation, i.e. when the customer obtains control of the product, typically upon shipment to the customer. The Group does not grant a right of return. The Group recognizes revenues from MRO services over time as it satisfies its performance obligations. Contract liabilities Contract liabilities are mainly comprised of deferred revenues which are included under accrued expenses and other.
Warranty costs	p. Warranty costs The Group provides warranties for its products and services ranging from one to three years, which vary with respect to each contract and in accordance with the nature of each specific product. According to Company's experience, most of the warranty costs incur during the first year of the contract. The Group estimates the costs that may be incurred under its warranty and records a liability in the amount of such costs at the time revenue is recognized under accrued expenses on the Company’s balance sheet. The Group periodically assesses the adequacy of its recorded warranty liabilities and adjusts the amounts as necessary.
Research and development	q. Research and development Research and development costs, net of grants, are charged to expenses as incurred.
Fair value measurement	r. Fair value measurement The Group measures fair value and discloses fair value measurements for financial assets and liabilities. Fair value is based on the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The accounting standard establishes a fair value hierarchy that prioritizes observable and unobservable inputs used to measure fair value into three broad levels, which are described below: Level 1: Quoted prices (unadjusted) in active markets that are accessible at the measurement date for identical assets or liabilities. The fair value hierarchy gives the highest priority to Level 1 inputs. Level 2: Observable prices that are based on inputs not quoted on active markets, but corroborated by market data or active market data for similar but not identical assets or liabilities. Level 3: Unobservable inputs are used when little or no market data is available. The fair value hierarchy gives the lowest priority to Level 3 inputs. In determining fair value, the Group utilizes valuation techniques that maximize the use of observable inputs and minimize the use of unobservable inputs to the extent possible and considers credit risk in its assessment of fair value.
Concentrations of credit risk	s. Concentrations of credit risk Financial instruments that potentially subject the Group to concentrations of credit risk consist principally of cash and cash equivalents, derivatives and accounts receivable. Cash and cash equivalents are deposited with several major banks in Israel and the United States. Such deposits in the United States may be in excess of insured limits and are not insured in other jurisdictions. Management believes that the financial institutions that hold the Group's cash and cash equivalents are financially sound, and that the Group has not been effected by the recent turmoil in certain banking institutions in the United States. Accordingly, minimal credit risk exists with respect to these financial instruments. The Group's accounts receivable are derived mainly from sales to customers in the United States, Israel and Europe. The Group generally does not require collateral; however, in certain circumstances the Group may require letters of credit. Management believes that credit risks relating to accounts receivable are minimal since the majority of the Group's customers are world-leading manufacturers of aviation systems and aircrafts, international airlines, governments and air-forces, and world-leading manufacturers and integrators of defense and ground systems. In addition, the Group has relatively a large number of customers with wide geographic spread which mitigates the credit risk. The Group performs ongoing credit evaluation of its customers' financial condition. As part of the risk management, the Company purchased a credit insurance policy from a well-known insurance Company.
Income taxes	t. Income taxes Income taxes are accounted for in accordance with ASC 740 "Income Taxes". This statement prescribes the use of the asset and liability method, whereby deferred tax assets and liabilities account balances are determined based on temporary differences between financial reporting and tax basis of assets and liabilities and for tax loss carry-forwards. Deferred taxes are measured using the enacted laws and tax rates that will be in effect when the differences are expected to reverse. The Group provides a valuation allowance, if it is more likely than not that a portion of the deferred income tax assets will not be realized, see Note 19(h). Taxes which would apply in the event of disposal of investments in domestic and foreign subsidiaries have not been taken into account in computing the deferred taxes, when the Group’s intention is to hold, and not to realize the investments. Taxes which would apply in the event of distribution of earnings from domestic and foreign subsidiaries of the Company, have been taken into account in computing the deferred taxes, when there is a possibility of future distribution of earnings from such foreign subsidiaries. The Group did not provide for deferred taxes attributable to dividend distribution out of retained tax-exempt earnings from "Approved/Benefited Enterprise" plans (see Note 19(a)), since it intends to permanently reinvest them and has no intention to declare dividends out of such tax exempt income in the foreseeable future. Management considers such retained earnings to be essentially permanent in duration. Results for tax purposes for TAT’s Israeli subsidiaries are measured and reflected in NIS. As explained in (c) above, the consolidated financial statements are measured and presented in U.S. dollars. In accordance with ASC 740, TAT has not provided deferred income taxes on the differences resulting from changes in exchange rate and indexation. The Group follows a two-step approach to recognizing and measuring uncertain tax positions. The first step is to evaluate the tax position for recognition by determining if the weight of available evidence indicates that it is more likely than not that the position will be sustained on audit. The second step is to measure the tax benefit as the largest amount that is more than 50% likely of being realized upon ultimate resolution. The Group’s policy is to include interest and penalties related to unrecognized tax benefits within financial income (expense). Such liabilities are classified as long-term, unless the liability is expected to be resolved within twelve months from the balance sheet date.
Earnings per share	u. Earnings per share Basic earnings (loss) per share are computed by dividing net income (loss) by the weighted average number of shares of the Company's Ordinary Shares, par value NIS 0.9 per share outstanding for each period, net of treasury shares. Diluted earnings (loss) per share are calculated by dividing the net income by the fully-diluted weighted-average number of ordinary shares outstanding during each period. Potentially dilutive shares include outstanding options granted to employees and directors, using the treasury stock method.
Share-based compensation	v. Share-based compensation The Group applies ASC 718 "Stock Based Compensation" with respect to employees and directors’ options, which requires awards classified as equity awards to be accounted for using the grant-date fair value method. The fair value of share-based awards is estimated using the Black-Scholes valuation model, the payment transaction is recognized as expense over the requisite service period, net of estimated forfeitures. The Company estimates forfeitures based on historical experience and anticipated future conditions.
Comprehensive income (loss)	w. Comprehensive income (loss) Comprehensive income in 2022, 2021 and 2020 includes, in addition to net income or loss, gains and losses of derivatives designated for cash flow hedge accounting (net of related taxes where applicable). Reclassification adjustments for gain or loss of derivatives are included in the relevant line item in the statement of income. See also Note 2 (z).
Contingencies	x. Contingencies Certain conditions may exist as of the date the financial statements are issued, which may result in a loss to the Group but which will only be resolved when one or more future events occur or fail to occur. The Group’s management assesses such contingent liabilities and estimated legal fees. Such assessment inherently involves an exercise of judgment. In assessing loss contingencies related to legal proceedings that are pending against the Group or unasserted claims that may result in such proceedings, the Group’s management evaluates the perceived merits of any legal proceedings or unasserted claims as well as the perceived merits of the amount of relief sought or expected to be sought. Management applies the guidance in ASC 450-20-25 when assessing losses resulting from contingencies. If the assessment of a contingency indicates that it is probable that a material loss has been incurred and the amount of the liability can be estimated, then the estimated liability is recorded as accrued expenses in the Company’s financial statements. If the assessment indicates that a potential material loss contingency is not probable but is reasonably possible, or is probable but cannot be estimated, then the nature of the contingent liability, together with an estimate of the range of possible loss if determinable and material are disclosed. Loss contingencies considered to be remote by management are generally not disclosed unless they involve guarantees, in which case the guarantee would be disclosed.
Derivatives and hedging	y. Derivatives and hedging The Company carries out transactions involving foreign currency exchange derivative financial instruments. The transactions are designed to hedge the Company’s exposure in currencies other than the U.S. dollar. Derivatives are recognized at fair value as either assets or liabilities in the consolidated balance sheets in accordance with ASC Topic 815, “Derivatives and Hedging”. For derivative instruments that are designated and qualify as a cash-flow hedge, the gain or loss on the derivative instrument is reported as a component of other comprehensive income and reclassified into earnings in the same line item associated with the anticipated transaction in the same period or periods during which the hedged transaction affects earnings. If a derivative does not meet the definition of a cash flow hedge, the changes in the fair value are included in "financial expense (income), net". For derivative instruments that qualify for hedge accounting, the cash flows associated with these derivatives are reported in the consolidated statements of cash flows consistently with the classification of the cash flows from the underlying hedged items that these derivatives are hedging.
Restructuring Costs	z. Restructuring Costs Restructuring costs have been recorded in connection with TAT’s restructuring plan announced in March 2021. Following this decision and in anticipation of ongoing efficiency measures in our business, TAT’s management has made estimates and judgments regarding future plans, mainly related to employee termination benefit costs. Management also assesses the recoverability of long-lived assets employed in the business. In certain instances, asset lives have been shortened based on changes in the expected useful lives of the affected assets. Asset-related impairments and employee's severance and other related costs are reflected within asset impairments of fixed assets, provision for restructuring plan and restructuring expenses.
Recently Issued Accounting Principles:	aa. Recently Issued Accounting Principles: Recently adopted accounting pronouncements: (1) In n November 2021, the FASB issued ASU 2021-10 “Government Assistance (Topic 832),” which requires annual disclosures that increase the transparency of transactions involving government grants, including (1) the types of transactions, (2) the accounting for those transactions, and (3) the effect of those transactions on an entity’s financial statements. The Company applied the guidance prospectively to all in-scope transactions beginning fiscal year 2022. The adoption of this guidance did not have a material impact on the Company’s financial statements.

SIGNIFICANT ACCOUNTING POLICI_3

SIGNIFICANT ACCOUNTING POLICIES (Tables)	12 Months Ended
	Dec. 31, 2022
Accounting Policies [Abstract]
Schedule of Property, Plant and Equipment Estimated Useful Lives	Property, plant and equipment are stated at cost, after deduction of the related investment grants, net of accumulated depreciation. Depreciation is calculated using the straight-line method over the estimated useful lives of the assets, as follows: Years Buildings and leasehold improvements 15 - 39 Machinery and equipment 15 - 20 Motor vehicles 7 Office furniture and equipment 3 - 5 Internal use software 7

FAIR VALUE MEASUREMENT (Tables)

FAIR VALUE MEASUREMENT (Tables)	12 Months Ended
	Dec. 31, 2022
Fair Value Disclosures [Abstract]
Schedule of Financial Assets and Liabilities Measured at Fair Value on a Recurring Basis	December 31, 2022 Level 1 Level 2 Level 3 Total Liability: Derivative financial instruments - $ (31 ) - $ (31 ) December 31, 2021 Level 1 Level 2 Level 3 Total Assets: Derivative financial instruments - $ 51 - $ 51

INVENTORY (Tables)

INVENTORY (Tables)	12 Months Ended
	Dec. 31, 2022
Inventory Disclosure [Abstract]
Schedule of Inventory, Net	December 31, 2022 2021 Raw materials and components $ 15,792 $ 13,741 Work in progress 14,525 11,985 Spare parts 14,618 13,462 Finished goods 824 1,815 Total inventory (**) $ 45,759 $ 41,003

INVESTMENT IN AFFILIATES (Table

INVESTMENT IN AFFILIATES (Tables)	12 Months Ended
	Dec. 31, 2022
Investments in and Advances to Affiliates [Abstract]
Schedule of Investment in Affiliates	December 31, 2022 2021 Balance sheets: Current assets $ 913 $ 358 Non-current assets 1,168 1,091 Current liabilities 1,426 1,154 Year ended December 31, 2022 2021 2020 Statements of operation: Revenues $ 1,277 $ 501 $ 413 Gross profit (loss) 605 (22 ) (153 ) Net income (loss) 365 (148 ) (365 ) Net income (losses) attributable to the Company 184 (76 ) (185 )

PROPERTY, PLANT AND EQUIPMENT_2

PROPERTY, PLANT AND EQUIPMENT, NET (Tables)	12 Months Ended
	Dec. 31, 2022
Property, Plant and Equipment [Abstract]
Schedule of Property, Plant and Equipment	December 31, 2022 2021 Cost: Land and buildings $ 17,130 $ 18,031 Machinery and equipment 75,518 63,875 Motor vehicles 302 302 Office furniture and equipment 2,362 1,906 Internal use software 2,610 2,123 97,922 86,237 Less: Accumulated depreciation 54,499 55,775 Depreciated cost $ 43,423 $ 30,462

LEASES (Tables)

LEASES (Tables)	12 Months Ended
	Dec. 31, 2022
Lessee Disclosure [Abstract]
Schedule of Lease Cost	The lease cost was as follows: Year ended December 31, 2022 Year ended December 31, 2021 Operating lease expenses 1,316 2,080
Schedule Of Supplemental Cash Flow Information Related To Leases	Supplemental cash flow information related to leases was as follows: Year ended December 31, 2022 Year ended December 31, 2021 Operating cash flows from operating leases 1,316 2,226 Right-of-use assets obtained in exchange for lease obligations (non-cash) 318 399
Schedule of Operating Cash Flows	Supplemental balance sheet information related to operating leases is as follows: December 31, 2022 December 31, 2021 Operating Leases Operating lease right-of-use assets 2,477 3,114 Current operating lease liabilities 904 1,169 Non-current operating lease liabilities 1,535 1,989 Total operating lease liabilities 2,439 3,158 Weighted Average Remaining Lease Term Operating leases - Israel 2 years 2 years Operating leases – United States 4 years 5 years Weighted Average discount rate Operating leases - Israel 4.5 % 4.5 % Operating leases – United States 4.84 % 4.84 %
Schedule of Maturities of Lease Liabilities	As of December 31, 2022, the maturities of lease liabilities were as follows: Year Amount 2023 938 2024 835 2025 454 2026 246 2027 and after - Total lease payments 2,473 Less imputed interest (34 ) Total $ 2,439

INTANGIBLE ASSETS (Tables)

INTANGIBLE ASSETS (Tables)	12 Months Ended
	Dec. 31, 2022
Commercial license [Member]
Schedule of Intangible Assets	December 31, 2022 2021 Commercial license Cost $ 2,030 $ 2,030 Accumulated amortization (407 ) (201 ) Amortized cost $ 1,623 $ 1,829

RESTRUCTURING COST (Tables)

RESTRUCTURING COST (Tables)	12 Months Ended
	Dec. 31, 2022
Restructuring and Related Activities [Abstract]
Schedule of Restructuring plan	Restructuring Items December 31, 2022 December 31, 2021 Balance sheet Other Provisions $ 190 $ 657 Investment in building and infrastructures 4,571 2,382 Investment in machinery (**) 7,799 3,478 Total $ 12,560 $ 6,517 Profit and loss Restructuring expenses, net Forfeited guarantee $ 975 $ - Employee’s termination cost - 686 Restructuring income from lease modification - (1,315 ) Restructuring expenses from asset’s impairment - 1,800 Other restructuring expenses 740 584 $ 1,715 $ 1,755 Cost of sales Acceleration of assets depreciation expenses - $ 1,200 Total $ 1,715 $ 2,955 * Net cash used in operating activity for restructuring expenses in 2022 was $1.7 million. ** Investment in machinery was offset by a grant of $2.7 million ($1.2 and $1.5 million in 2021 and 2022 respectively) received from the State of Oklahoma as part of a larger incentive plan granted to TAT. As part of this plan TAT Limco will be entitled to several incentives including additional grants, tax exempt and incentives and support in employee's salaries over the next 10 years.

LONG-TERM LOANS AND CREDIT LI_2

LONG-TERM LOANS AND CREDIT LINES (Tables)	12 Months Ended
	Dec. 31, 2022
Long-Term Debt, by Current and Noncurrent [Abstract]
Schedule of Line of Credit Facilities	Israel Line of Credit Gov guaranteed loans Commercial loans Total balance amount $4,936 $3,100 Rate(*) 7.25% 6.65% Duration 5-10 7 USA Total balance amount $6,101 $12,651 Rate 2.9%-7.75% 3.75%-4.2% Duration (Years) Renewal 7-10
Schedule of Long-Term Loans and Credit Lines	Year Amount 2023 1,949 2024 7,100 2025 2,042 2026 2,048 2027 and after 8,143 $ 21,284

ACCRUED EXPENSES AND OTHER (T

ACCRUED EXPENSES AND OTHER (Tables)	12 Months Ended
	Dec. 31, 2022
Payables and Accruals [Abstract]
Schedule of Other Account Payable and Accrued Expenses	December 31, 2022 2021 Employees and payroll accruals $ 3,951 $ 3,463 Accrued expenses 971 315 Authorities 200 327 Advances from customers 2,778 1,739 Warranty provision 243 243 Accrued royalties and rebate sales commissions 1,448 421 Other 95 451 $ 9,686 $ 6,959

RELATED PARTIES' TRANSACTIONS_2

RELATED PARTIES' TRANSACTIONS AND BALANCES (Tables)	12 Months Ended
	Dec. 31, 2022
Related Party Transactions [Abstract]
Schedule of Transactions with Related Parties	Year ended December 31, 2022 2021 2020 Revenue - Sales to related-party Company (*) $ 17 $ 88 $ 173 Cost and expenses - Supplies from related party (*) - $ 654 $ 362
Schedule of Balances with Related Parties	December 31, 2022 2021 Trade receivables and other receivables (*) - $ 799 Trade payables and other payables (*) - $ 95

LONG-TERM EMPLOYEE-RELATED OB_2

LONG-TERM EMPLOYEE-RELATED OBLIGATIONS (Tables)	12 Months Ended
	Dec. 31, 2022
Retirement Benefits [Abstract]
Schedule of Expected Future Benefits	Year Amount 2023 42 2024 68 2025 11 2026 158 2027 254 Thereafter (through 2032) 731 Total $ 1,264

SHAREHOLDERS' EQUITY (Tables)

SHAREHOLDERS' EQUITY (Tables)	12 Months Ended
	Dec. 31, 2022
Stockholders' Equity Note [Abstract]
Schedule of Stock Options Assumptions	2022 2021 2020 Expected stock price volatility 54.8% – 48.4% 45.6% – 52% 44.7% – 43.5% Expected option life (in years) 1-5 3.5-5 3.5-5 Risk free interest rate 0.63% – 4.04% 0.1% – 0.64% 0.12% – 0.25% Dividend yield 0% 0% 0%
Schedule of Stock Option Activity	Year ended December 31, Year ended December 31, Year ended December 31, 2022 2021 2020 Number of options Weighted average exercise price Number of options Weighted average exercise price Number of options Weighted average exercise price Outstanding at the beginning of the year 720,000 $ 6.8 621,460 $ 7.26 571,460 $ 7.53 Granted 170,000 6.56 220,000 6.45 50,000 4.58 Forfeited (178,150 ) 5.63 (121,460 ) 8.9 - - Exercised (36,850 ) 5.25 - - - - Outstanding at the end of the year 675,000 7.17 720,000 6.8 621,460 7.26 Exercisable at the end of the year 412,813 $ 7.54 379,375 $ 7.44 381,629 $ 7.91

EARNINGS PER SHARE (EPS) (Table

EARNINGS PER SHARE (EPS) (Tables)	12 Months Ended
	Dec. 31, 2022
Earnings Per Share [Abstract]
Schedule of Earnings per Share	Year ended December 31, 2022 2021 2020 Numerator for EPS: Net loss $ (1,562 ) $ (3,562 ) $ (5,329 ) Denominator for EPS: Weighted average shares outstanding – basic 8,911,546 8,874,696 8,874,696 Dilutive shares - - - Weighted average shares outstanding – diluted 8,911,546 8,874,696 8,874,696 EPS: Basic and diluted $ (0.175 ) $ (0.4 ) $ (0.6 )

DISCONTINUED OPERATION (Tables)

DISCONTINUED OPERATION (Tables)	12 Months Ended
	Dec. 31, 2022
Discontinued Operations and Disposal Groups [Abstract]
Schedule of Operations Information of Discontinued Operations	Year ended December 31, 2022 2021 2020 Revenue: Services $ - $ 440 $ 955 Cost of revenue: Services - 429 1,062 Gross profit (loss) - 11 (107 ) Operating expenses: Research and development, net - 16 42 Selling and marketing - 29 90 General and administrative - 68 191 - 113 323 Operating income (loss) - (102 ) (430 ) Financial expenses (income) - - - Income (loss) on disposal of discontinued operation (1) - 529 (1,415 ) Net Income (loss) $ - $ 427 $ (1,845 )

TAXES ON INCOME (Tables)

TAXES ON INCOME (Tables)	12 Months Ended
	Dec. 31, 2022
Income Tax Disclosure [Abstract]
Schedule of Reconciliation of Tax Provisions to the Domestic and Effective Tax Rate	Year ended December 31, 2022 2021 2020 Income (loss) before taxes on income (tax benefit) from continued operations reported in the statements of income $ (1,648 ) $ (4,575 ) $ (4,816 ) Statutory tax rate in Israel 23 % 23 % 23 % Theoretical taxes on income (tax benefit) $ (379 ) $ (1,052 ) $ (1,108 ) Increase (decrease) in taxes on income resulting from: Tax adjustment for foreign subsidiaries subject to a different tax rate (13 ) 75 50 Reduced tax rate on income derived from "Preferred Enterprises" plans (48 ) 149 580 Earnings from foreign subsidiaries (1) - - (2,338 ) Deferred tax assets from discontinued operation profit (loss) - 98 (138 ) Reduced deferred tax asset from expecting utilization of carryforward losses - - 1,984 Tax in respect of prior years 59 24 (345 ) Temporary differences for which no deferred taxes were recorded 238 - (377 ) Permanent differences 77 71 24 Other adjustments 164 (27 ) 151 Taxes on income (tax benefit) as reported in the statements of income $ 98 $ (662 ) $ (1,517 )
Schedule of Income (Loss) from Continuing Operations Before Income Tax Domestic and Foreign	Year ended December 31, 2022 2021 2020 Domestic (Israel) $ (1,201 ) $ (5,139 ) $ (4,499 ) Foreign (United States) (447 ) 564 (317 ) $ (1,648 ) $ (4,575 ) $ (4,816 ) Year ended December 31, 2022 2021 2020 Current: Domestic (Israel) $ - $ - $ - Foreign (United States) - - - - - - Deferred: Domestic (Israel) 268 (579 ) (683 ) Foreign (United States) (111 ) (107 ) (489 ) 157 (686 ) (1,172 ) Previous years: Domestic (Israel) - - (134 ) Foreign (United States) (59 ) 24 (211 ) - - (345 ) $ 98 $ (662 ) $ (1,517 )
Schedule of Components of Income Tax Provision	December 31, 2022 2021 Deferred tax assets: Provision for current expected credit losses $ - $ 95 Provisions for employee benefits 378 495 Inventory 1,288 1,212 Capital tax losses carryforward 2,475 3,500 Net operating losses carryforward 4,040 3,084 Other 475 326 Deferred tax assets, before valuation allowance $ 8,656 $ 8,712 Valuation allowance (5,202 ) (5,484 ) Deferred tax assets, net $ 3,454 $ 3,228 Deferred tax liabilities: Property, plant and equipment (1,884 ) (1,542 ) Intangible assets (341 ) (434 ) Other temporary differences deferred tax liabilities - - Deferred tax liabilities $ (2,225 ) $ (1,976 ) Net $ 1,229 $ 1,252
Schedule of Deferred Tax Assets and Liabilities	Balance, December 31, 2019 $ 3,500 Additions during the year 1,984 Balance, December 31,2020 $ 5,484 Additions during the year - Balance, December 31,2021 $ 5,484 Additions during the year (282 ) Balance, December 31,2022 $ 5,202

SEGMENT INFORMATION (Tables)

SEGMENT INFORMATION (Tables)	12 Months Ended
	Dec. 31, 2022
Segment Reporting [Abstract]
Schedule of Operating Income by Segment	The following financial information is the information that CODM uses for analyzing the segment results. The figures are presented in consolidated method as presented to CODM. The following financial information is a summary of the operating income of each operational segment: Year ended December 31, 2022 OEM of Heat Transfer Solutions and Aviation Accessories MRO Services for heat transfer components and OEM of heat transfer solutions MRO services for Aviation Components and Lease Overhaul and coating of jet engine components Elimination of inter-Company sales Consolidated Revenues $ 21,844 $ 24,796 $ 35,879 $ 5,770 $ (3,733 ) $ 84,556 Cost of revenues 18,778 20,750 28,890 3,495 (3,285 ) 68,628 Gross profit 3,066 4,046 6,989 2,275 (448 ) 15,928 Research and development 193 54 286 19 (74 ) 479 Selling and marketing 1,936 926 2,383 330 54 5,629 General and administrative 3,226 2,462 3,686 594 2 9,970 Other expenses (income) (1,566 ) (52 ) (18 ) - 1,547 (90 ) Restructuring expenses, net 975 618 - 122 - 1,715 Operating income (loss) $ (1,698 ) $ 38 $ 652 $ 1,210 $ (1,977 ) $ (1,775 ) Financial income, net 127 Loss before tax benefits (1,648 ) Year ended December 31, 2021 OEM of Heat Transfer Solutions and Aviation Accessories MRO Services for heat transfer components and OEM of heat transfer solutions MRO services for Aviation Components and Lease Overhaul and coating of jet engine components Elimination of inter-Company sales Consolidated Revenues $ 25,977 $ 18,846 $ 33,232 $ 3,834 $ (3,916 ) $ 77,973 Cost of revenues 24,044 16,922 26,444 2,978 (3,685 ) 66,703 Gross profit 1,933 1,924 6,788 856 (231 ) 11,270 Research and development 122 80 202 160 (47 ) 517 Selling and marketing 2,040 1,015 1,961 220 (89 ) 5,147 General and administrative 3,128 1,855 3,004 558 (191 ) 8,354 Other expenses (income) (913 ) - (432 ) (19 ) 896 (468 ) Restructuring expenses, net 1,338 386 - 31 - 1,755 Operating income (loss) $ (3,782 ) $ (1,412 ) $ 2,053 $ (94 ) $ (800 ) $ (4,035 ) Financial expenses, net 540 Loss before tax benefits (4,575 ) Year ended December 31, 2020 OEM of Heat Transfer Solutions and Aviation Accessories MRO Services for heat transfer components and OEM of heat transfer solutions MRO services for Aviation Components and Lease Overhaul and coating of jet engine components Elimination of inter-Company sales Consolidated Revenues $ 23,125 $ 20,640 $ 31,189 $ 3,546 $ (3,141 ) $ 75,359 Cost of revenues 21,703 17,885 26,961 3,312 (2,937 ) 66,924 Gross profit (loss) 1,422 2,755 4,228 234 (204 ) 8,435 Research and development (3 ) (2 ) 7 183 - 185 Selling and marketing 1,429 1,152 1,527 261 - 4,369 General and administrative 2,183 2,054 2,732 643 - 7,612 Other expenses (income) - 21 - 294 - 315 Operating income (loss) $ (2,187 ) $ (470 ) $ (38 ) $ (1,147 ) $ (204 ) $ (4,046 ) Financial expenses, net 770 Loss before taxes on income (4,816 )
Schedule of Assets, Depreciation and Amortization, and Capital Expenditures by Segment	c. The following financial information identifies the assets, depreciation and amortization, and capital expenditures to segments: Year ended December 31, 2022 OEM of Heat Transfer Solutions and Aviation Accessories MRO Services for heat transfer components and OEM of heat transfer solutions MRO services for Aviation Components and Lease Overhaul and coating of jet engine components Amounts not allocated to segments Consolidated Total assets 24,251 39,193 55,616 8,846 (1,255 ) 126,651 Depreciation and amortization 690 432 2,325 259 - 3,706 Expenditure for segment assets 1,012 9,345 5,411 2,107 - 17,875 Year ended December 31, 2021 OEM of Heat Transfer Solutions and Aviation Accessories MRO Services for heat transfer components and OEM of heat transfer solutions MRO services for Aviation Components and Lease Overhaul and coating of jet engine components Amounts not allocated to segments Consolidated Total assets 27,271 27,267 45,112 7,128 4,055 110,833 Depreciation and amortization 2,174 740 1,683 284 - 4,881 Asset’s impairment 1,800 1,800 Expenditure for segment assets 271 4,831 5,624 1,604 - 12,330

ENTITY-WIDE DISCLOSURE (Tables)

ENTITY-WIDE DISCLOSURE (Tables)	12 Months Ended
	Dec. 31, 2022
Segments, Geographical Areas [Abstract]
Schedule of total revenues by geographical location	a. Total revenues - by geographical location were attributed according to customer residential country as follows: Year ended December 31, 2022 2021 2020 Total revenues Total revenues Total revenues Sale of products Israel $ 3,249 $ 5,532 $ 3,355 United States 15,616 13,716 12,284 Other 6,595 6,622 7,100 $ 25,460 $ 25,870 $ 22,739 Year ended December 31, 2022 2021 2020 Total revenues Total revenues Total revenues Sale of Services Israel $ 3,913 $ 2,213 $ 3,543 United States 40,954 34,231 34,765 Other 14,229 15,659 14,312 $ 59,096 $ 52,103 $ 52,620
Schedule of long-lived assets by geographical location	b. Total long-lived assets - by geographical location were as follows: December 31, 2022 2021 2020 Israel $ 10,231 $ 8,427 $ 15,071 United States 41,270 26,978 18,908 Total $ 51,501 $ 35,405 $ 33,979

SUPPLEMENTAL CONSOLIDATED BAL_2

SUPPLEMENTAL CONSOLIDATED BALANCE SHEETS INFORMATION (Tables)	12 Months Ended
	Dec. 31, 2022
SEC Schedule, 12-09, Valuation and Qualifying Accounts [Abstract]
Schedule of Supplemental Consolidated Balance Sheets Information	Warranty provision Provision for current expected credit losses Balance, as of December 31, 2019 $ 235 $ 314 Additions 80 194 Deductions (65 ) (202 ) Balance, as of December 31, 2020 $ 250 $ 306 Additions 80 269 Deductions (87 ) (186 ) Balance, as of December 31, 2021 $ 243 $ 389 Additions - - Deductions - 138 Balance as of December 31, 2022 $ 243 $ 527

GENERAL (Details)

GENERAL (Details)	Dec. 31, 2022
TAT-Engineering [Member]
Subsidiary or Equity Method Investee [Line Items]
Percentage of Ownerhsip held	51%
TAT [Member]
Subsidiary or Equity Method Investee [Line Items]
Percentage of Ownerhsip held	49%

SIGNIFICANT ACCOUNTING POLICI_4

SIGNIFICANT ACCOUNTING POLICIES (Narrative) (Details) - ₪ / shares	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Significant Accounting Policies [Line Items]
Ordinary shares, par value per share	₪ 0.9	₪ 0.9
Customer relationships [Member]
Significant Accounting Policies [Line Items]
Estimated lived intangible assets useful lives, years	7 years
Commercial license [Member]
Significant Accounting Policies [Line Items]
Estimated lived intangible assets useful lives, years	10 years
Buildings and leasehold improvements [Member] | Minimum [Member]
Significant Accounting Policies [Line Items]
Estimated useful lives, years	15 years
Buildings and leasehold improvements [Member] | Maximum [Member]
Significant Accounting Policies [Line Items]
Estimated useful lives, years	39 years
Machinery and Equipment [Member] | Minimum [Member]
Significant Accounting Policies [Line Items]
Estimated useful lives, years	15 years
Machinery and Equipment [Member] | Maximum [Member]
Significant Accounting Policies [Line Items]
Estimated useful lives, years	20 years
Motor Vehicles [Member]
Significant Accounting Policies [Line Items]
Estimated useful lives, years	7 years
Office Furniture and Equipment [Member] | Minimum [Member]
Significant Accounting Policies [Line Items]
Estimated useful lives, years	3 years
Office Furniture and Equipment [Member] | Maximum [Member]
Significant Accounting Policies [Line Items]
Estimated useful lives, years	5 years
Internal use software [Member]
Significant Accounting Policies [Line Items]
Estimated useful lives, years	7 years

FAIR VALUE MEASUREMENT (Narrati

FAIR VALUE MEASUREMENT (Narrative) (Details) $ in Thousands	Dec. 31, 2022 USD ($)
Fair Value Disclosures [Abstract]
Notional amount of open call options	$ 7,774
Notional amount of open put options	$ 8,458

FAIR VALUE MEASUREMENT (Schedul

FAIR VALUE MEASUREMENT (Schedule of Financial Assets and Liabilities Measured at Fair Value on a Recurring Basis) (Details) - Fair Value, Measurements, Recurring [Member] - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Assets:
Derivative financial instruments	$ (31)	$ 51
Level 1 [Member]
Assets:
Derivative financial instruments	0	0
Level 2 [Member]
Assets:
Derivative financial instruments	(31)	51
Level 3 [Member]
Assets:
Derivative financial instruments	$ 0	$ 0

INVENTORY (Narrative) (Details)

INVENTORY (Narrative) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Inventory Disclosure [Abstract]
Total amount of Rotables	$ 8,193	$ 8,623
Slow moving inventory write-down	$ 1,284	$ 624	$ 769

INVENTORY (Schedule of Inventor

INVENTORY (Schedule of Inventory, Net) (Details) - USD ($) $ in Thousands		Dec. 31, 2022	Dec. 31, 2021
Inventory Disclosure [Abstract]
Raw materials and components		$ 15,792	$ 13,741
Work in progress		14,525	11,985
Spare parts		14,618	13,462
Finished goods		824	1,815
Total inventory	[1]	$ 45,759	$ 41,003
[1]The total amount of Rotables included in the Company spare parts inventory for the years ended December 31, 2022 and 2021 were $8,193 and $8,623, respectively.

INVESTMENT IN AFFILIATES (Narra

INVESTMENT IN AFFILIATES (Narrative) (Details)	Dec. 31, 2022
TAT-Engineering [Member]
Investments in and Advances to Affiliates [Line Items]
Percentage of Ownerhsip held	51%
TAT [Member]
Investments in and Advances to Affiliates [Line Items]
Percentage of Ownerhsip held	49%

INVESTMENT IN AFFILIATES (Summa

INVESTMENT IN AFFILIATES (Summary of Financial Information) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Balance sheets:
Current assets	$ 75,150	$ 71,981
Non-current assets	51,501	35,405	$ 33,979
Current liabilities	28,990	24,577
Statements of operation:
Revenues	84,556	77,973	75,359
Gross profit (loss)	15,928	11,270	8,435
Net income (losses) attributable to the Company	(1,562)	(3,562)	(5,329)
TAT-Engineering LLC [Member]
Balance sheets:
Current assets	913	358
Non-current assets	1,168	1,091
Current liabilities	1,426	1,154
Statements of operation:
Revenues	1,277	501	413
Gross profit (loss)	605	(22)	(153)
Net income (loss)	365	(148)	(365)
Net income (losses) attributable to the Company	$ 184	$ (76)	$ (185)

PROPERTY, PLANT AND EQUIPMENT_3

PROPERTY, PLANT AND EQUIPMENT, NET (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Property, Plant and Equipment [Line Items]
Total property and equipment, gross	$ 97,922	$ 86,237
Less: Accumulated depreciation	54,499	55,775
Depreciated cost	43,423	30,462
Depreciation expenses	3,500	4,718	$ 3,960
Impairment charges	1,800
Restructuring expense	1,715	1,755	$ 0
Land and Buildings [Member]
Property, Plant and Equipment [Line Items]
Total property and equipment, gross	17,130	18,031
Machinery and Equipment [Member]
Property, Plant and Equipment [Line Items]
Total property and equipment, gross	75,518	63,875
Motor Vehicles [Member]
Property, Plant and Equipment [Line Items]
Total property and equipment, gross	302	302
Office Furniture and Equipment [Member]
Property, Plant and Equipment [Line Items]
Total property and equipment, gross	2,362	1,906
Software [Member]
Property, Plant and Equipment [Line Items]
Total property and equipment, gross	2,610	$ 2,123
Leasehold Improvements [Member]
Property, Plant and Equipment [Line Items]
Acceleration of amortization	1,200
Impairment charges	1,800
OEM [Member]
Property, Plant and Equipment [Line Items]
Restructuring expense	$ 600

LEASES (Narrative) (Details)

LEASES (Narrative) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Lease revenue	$ 6.8	$ 2.7
Lease expiration date	Dec. 31, 2030
Write off Operating ROU assets	$ 1.8
Write off Operating Lease liability	$ 3.3
TAT Industries [Member]
Lease expiration date	Dec. 31, 2024

LEASES (Schedule of Lease Cost)

LEASES (Schedule of Lease Cost) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Lessee Disclosure [Abstract]
Operating lease expenses	$ 1,316	$ 2,080

LEASES (Schedule of Supplementa

LEASES (Schedule of Supplemental Cash Flow Information Related to Leases) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Lessee Disclosure [Abstract]
Operating cash flows from operating leases	$ 1,316	$ 2,226
Right-of-use assets obtained in exchange for lease obligations (non-cash)	$ 318	$ 399	$ 1,756

LEASES (Schedule of Operating C

LEASES (Schedule of Operating Cash Flows) (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Operating Leases
Operating lease right-of-use assets	$ 2,477	$ 3,114
Current operating lease liabilities	904	1,169
Non-current operating lease liabilities	1,535	1,989
Total operating lease liabilities	$ 2,439	$ 3,158
ISRAEL
Operating Leases
Weighted Average Remaining Lease Term	2 years	2 years
Weighted Average discount rate percentage	4.50%	4.50%
UNITED STATES
Operating Leases
Weighted Average Remaining Lease Term	4 years	5 years
Weighted Average discount rate percentage	4.84%	4.84%

LEASES (Schedule of Maturities

LEASES (Schedule of Maturities of Lease Liabilities) (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Lessee Disclosure [Abstract]
2023	$ 938
2024	835
2025	454
2026	246
2027 and after	0
Total lease payments	2,473
Less imputed interest	(34)
Total	$ 2,439	$ 3,158

INTANGIBLE ASSETS (Narrative) (

INTANGIBLE ASSETS (Narrative) (Details) $ in Thousands	Dec. 31, 2022 USD ($)
Goodwill and Intangible Assets Disclosure [Abstract]
Year one	$ 200
Year Two	200
Year Three	200
Year Four	200
Year Five	$ 200

INTANGIBLE ASSETS (Schedule of

INTANGIBLE ASSETS (Schedule of Intangible Assets) (Details) - Commercial license [Member] - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Finite-Lived Intangible Assets [Line Items]
Cost	$ 2,030	$ 2,030
Accumulated amortization	(407)	(201)
Amortized cost	$ 1,623	$ 1,829

RESTRUCTURING COST (Schedule of

RESTRUCTURING COST (Schedule of Restructuring plan) (Details) - USD ($) $ in Thousands		12 Months Ended
		Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Balance sheet
Provision for employee's termination expenses		$ 190	$ 657
Investment in building and infrastructures		4,571	2,382
Investment in machineries	[1]	7,799	3,478
Total		12,560	6,517
Restructuring expenses, net
Forfeited guarantee		975	0
Employee's termination cost		0	686
Restructuring income from lease modification		0	(1,315)
Restructuring expenses from asset's impairment		0	1,800
Other restructuring expenses		740	584
Restructuring expense		1,715	1,755	$ 0
Cost of sales
Acceleration of assets depreciation expenses		0	1,200
Total		1,715	2,955
Net cash used in operating activity for restructuring expenses		1,700
Government incentives [Member]
Balance sheet
Investment in machineries		$ 2,700	$ 1,200	$ 1,500
[1]Investment in machineries were offset by a grant of $1.2 million received from the State Of Oklahoma as part of a larger incentive plan granted to TAT. As part of this plan TAT Limco will be entitled to several incentives including additional grants, tax exempt and incentives and support in employee's salaries over the next 10 years.

LONG-TERM LOANS AND CREDIT LI_3

LONG-TERM LOANS AND CREDIT LINES (Narrative) (Details) - USD ($) $ in Thousands	1 Months Ended		12 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Dec. 31, 2022	Dec. 31, 2021
Debt Instrument [Line Items]
Current maturities of long-term loans			$ 1,876	$ 691
Short-term credit line			$ 6,101	6,008
First credit line [Member]
Debt Instrument [Line Items]
Short-term credit line				6,000
Line of Credit Facility, Interest Rate During Period		7.75%
Percentage of tangible assets net			65%
Minimum debt service coverage ratio			1.25
Second credit line [Member]
Debt Instrument [Line Items]
Short-term credit line				5,000
Line of Credit Facility, Interest Rate During Period		2.90%
Minimum debt service coverage ratio			1.15
TAT Industries [Member]
Debt Instrument [Line Items]
Debt Instrument, Face Amount			$ 3,700
Current maturities of long-term loans			$ 744,000
Long term debt, interest rate	6.65%		7.25%
Long-term debt, interest rate above LIBOR	0.90%		1.50%
Long-term debt, frequency of payment			equal monthly installments as of April 2021 through February 2033.
Short-term credit line		$ 11,000	$ 7,900
Line of Credit Facility, Interest Rate During Period		2.90%
TAT Industries [Member] | Maximum [Member]
Debt Instrument [Line Items]
Line of Credit Facility, Interest Rate During Period			4.20%
TAT Industries [Member] | Minimum [Member]
Debt Instrument [Line Items]
Line of Credit Facility, Interest Rate During Period			3.75%
TAT Industries [Member] | Payroll Protection Program [Member] | Grant [Member]
Debt Instrument [Line Items]
Debt Instrument, Face Amount				$ 5,000
TAT Industries [Member] | Aggregate Loan [Member]
Debt Instrument [Line Items]
Debt Instrument, Face Amount			$ 6,300

LONG-TERM LOANS AND CREDIT LI_4

LONG-TERM LOANS AND CREDIT LINES (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Maximum [Member]
Debt Instrument [Line Items]
Duration	10 years
Minimum [Member]
Debt Instrument [Line Items]
Duration	7 years
ISRAEL | Commercial Loan [Member]
Debt Instrument [Line Items]
Total balance amount	$ 3,100
Rate	6.65%
Duration	7 years
ISRAEL | Government Guarantee Loan [Member]
Debt Instrument [Line Items]
Total balance amount	$ 4,936
Rate	7.25%
ISRAEL | Government Guarantee Loan [Member] | Maximum [Member]
Debt Instrument [Line Items]
Duration	10 years
ISRAEL | Government Guarantee Loan [Member] | Minimum [Member]
Debt Instrument [Line Items]
Duration	5 years
UNITED STATES | Line of Credit [Member]
Debt Instrument [Line Items]
Total balance amount	$ 6,101
UNITED STATES | Line of Credit [Member] | Maximum [Member]
Debt Instrument [Line Items]
Rate	7.75%
UNITED STATES | Line of Credit [Member] | Minimum [Member]
Debt Instrument [Line Items]
Rate	2.90%
UNITED STATES | Commercial Loan [Member]
Debt Instrument [Line Items]
Total balance amount		$ 12,651
UNITED STATES | Commercial Loan [Member] | Maximum [Member]
Debt Instrument [Line Items]
Rate	4.20%
UNITED STATES | Commercial Loan [Member] | Minimum [Member]
Debt Instrument [Line Items]
Rate	3.75%

LONG-TERM LOANS AND CREDIT LI_5

LONG-TERM LOANS AND CREDIT LINES (Schedule of Maturities on Long Term Loans) (Details) $ in Thousands	Dec. 31, 2022 USD ($)
Long-Term Debt, by Current and Noncurrent [Abstract]
2022	$ 1,949
2023	7,100
2024	2,042
2025	2,048
2026 and after	8,143
Total	$ 21,284

GOVERNMENT GRANTS (Narrative) (

GOVERNMENT GRANTS (Narrative) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Accounts, Notes, Loans and Financing Receivable [Line Items]
Deduction from payroll and overhead cost of revenues and operating expenses	$ 1.2
Grants Receivable	$ 2
TAT Industries [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Grants Receivable		$ 3.6

ACCRUED EXPENSES AND OTHER (S

ACCRUED EXPENSES AND OTHER (Schedule of Other Account Payable and Accrued Expenses) (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Other account payable and accrued expenses:
Employees and payroll accruals	$ 3,951	$ 3,463
Accrued expenses	971	315
Authorities	200	327
Advances from customers	2,778	1,739
Warranty provision	243	243
Accrued royalties and rebate sales commissions	1,448	421
Other	95	451
Total other account payable and accrued expenses	$ 9,686	$ 6,959

RELATED PARTIES' TRANSACTIONS_3

RELATED PARTIES' TRANSACTIONS AND BALANCES (Schedule of Transactions and Balances with Related Parties) (Details) - USD ($) $ in Thousands		12 Months Ended
		Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Transactions:
Income - Sales to related-party company	[1]	$ 17	$ 88	$ 173
Cost and expenses - Supplies from related party	[1]	0	654	$ 362
Balances:
Trade receivables and other receivables	[1]	0	799
Trade payables and other payables	[1]	$ 0	$ 95
[1]includes mainly transactions with TAT-Engineering affiliated companies.

LONG-TERM EMPLOYEE-RELATED OB_3

LONG-TERM EMPLOYEE-RELATED OBLIGATIONS (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Defined Benefit Plan Disclosure [Line Items]
Severance payments actually paid	$ 274	$ 97	$ 380
Expected deposits to be made in the next fiscal year for severance and pension payment obligations	500
2022	42
2023	68
2024	11
2025	158
2026	254
Thereafter (through 2030)	731
Total	1,264
TAT and Turbochrome [Member]
Defined Benefit Plan Disclosure [Line Items]
Severance pay expenses	825	778	830
Limco Piedmont Inc [Member]
Defined Benefit Plan Disclosure [Line Items]
401(K) profit sharing plan contributions made by company	$ 454	$ 349	$ 156
Percentage of employees contribution matched by employer	100%
Percentage of employees contribution	2%
Percentage of employees contribution matched by employer, two	50%

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Commissions and Royalty Commitments) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Commissions arrangements:
Commission expenses	$ 412	$ 423	$ 528
Royalty commitments:
Royalty expense	47	95	174
Limco Piedmont Inc [Member]
Royalty commitments:
Royalty expense	$ 1,747	$ 2,245	$ 1,648
Limco Piedmont Inc [Member] | Minimum [Member]
Royalty commitments:
Royalties percentage rate for sales of products developed by third parties	5%
Royalties percentage rate for sales of additional products developed by third parties	10%
Limco Piedmont Inc [Member] | Maximum [Member]
Royalty commitments:
Royalties percentage rate for sales of products developed by third parties	13%
Royalties percentage rate for sales of additional products developed by third parties	20%
TAT Technologies Ltd [Member] | Minimum [Member]
Commissions arrangements:
Percentage rate paid to sales agents for marketing commissions	1%
Royalty commitments:
Royalties percentage rate for sales of products developed by third parties	12%
TAT Technologies Ltd [Member] | Maximum [Member]
Commissions arrangements:
Percentage rate paid to sales agents for marketing commissions	10%
Royalty commitments:
Royalties percentage rate for sales of products developed by third parties	20%

COMMITMENTS AND CONTINGENCIES_2

COMMITMENTS AND CONTINGENCIES (Guarantees) (Details) $ in Thousands	Dec. 31, 2022 USD ($)
TAT Technologies Ltd [Member]
Guarantees:
Bank guarantee to secure liability to Israeli customs	$ 190

COMMITMENTS AND CONTINGENCIES_3

COMMITMENTS AND CONTINGENCIES (Litigation) (Details) $ in Thousands	Jul. 12, 2022 USD ($)
Tat Industries Ltd [Member]
Loss Contingencies [Line Items]
Litigation, total damages sought by customer	$ 750

SHAREHOLDERS' EQUITY (Stock Opt

SHAREHOLDERS' EQUITY (Stock Option Plans TAT Technology) (Details)	12 Months Ended
	Dec. 31, 2022 ₪ / shares $ / shares shares	Dec. 31, 2021 ₪ / shares $ / shares shares	Dec. 31, 2020 USD ($) $ / shares shares	Dec. 31, 2022 USD ($) $ / shares shares	Dec. 01, 2022 $ / shares shares	Nov. 08, 2022 ₪ / shares shares	May 22, 2022 $ / shares shares	May 01, 2022 $ / shares shares	Mar. 22, 2022 $ / shares shares	Dec. 31, 2021 USD ($) $ / shares shares	Aug. 30, 2021 shares	Jul. 25, 2021 $ / shares shares	Mar. 30, 2021 $ / shares shares	Oct. 15, 2020 $ / shares shares	Jun. 28, 2012 ₪ / shares shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Ordinary shares, par value per share | ₪ / shares	₪ 0.9	₪ 0.9
Number of options
Options, beginning	720,000	621,460	571,460
Options, Granted	170,000	220,000	50,000
Options, Forfeited	(178,150)	(121,460)	0
Options, Exercised	(36,850)	0	0
Options, ending	675,000	720,000	621,460
Exercisable at end of year			381,629	412,813						379,375
Weighted average exercise price
Options, beginning | $ / shares	₪ 6.8	₪ 7.26	$ 7.53
Options, Granted | $ / shares	6.56	6.45	4.58
Options, Forfeited | $ / shares	5.63	8.9	0
Options, Exercised | $ / shares	5.25	0	0
Options, ending | $ / shares	7.17	6.8	7.26
Exercisable at end of year | $ / shares			7.91	$ 7.54						$ 7.44
Weighted-average grant-date fair value of options granted | $ / shares	₪ 2.33	₪ 1.92	$ 1.41
2012 Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares authorized for the plan				675,000	50,000	550,000	50,000	20,000	50,000		100,000	20,000	25,000	50,000	980,000
Number of shares approved allocated to grantees	1,530,000
Vesting period for plan	4 years
Ordinary shares, par value per share | ₪ / shares						₪ 0.9									₪ 0.9
Exercise price | $ / shares				$ 7.17	$ 6.42		$ 6.56	$ 6.42	$ 6.59			$ 6.41	$ 5.91	$ 4.58
Dividend yield	0%	0%	0%
Weighted average exercise price
Aggregate intrinsic value | $			$ 0	$ 0						$ 0
Unrecognized compensation cost related to non-vested stock options | $				$ 365,000
Unrecognized compensation weighted average period of recognition, years	3 years 7 months 20 days
2012 Plan [Member] | Tel Aviv Stock Exchange [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares approved allocated to grantees	1,335,132
2012 Plan [Member] | Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected stock price volatility	54.80%	45.60%	44.70%
Expected option life (in years)	1 year	3 years 6 months	3 years 6 months
Risk free interest rate	0.63%	0.10%	0.12%
2012 Plan [Member] | Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected stock price volatility	48.40%	52%	43.50%
Expected option life (in years)	5 years	5 years	5 years
Risk free interest rate	4.04%	0.64%	0.25%
2012 Plan [Member] | Vest upon the lapse of 12 months [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting percentage	25%
2012 Plan [Member] | Vest on a quarterly basis [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period for plan	3 years
Vesting percentage	75%
2012 Plan One [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares authorized for the plan													25,000
Exercise price | $ / shares													$ 5.91
2012 Plan Two [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares authorized for the plan													25,000
Exercise price | $ / shares													$ 5.91
2012 Plan Three [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares authorized for the plan													25,000
Exercise price | $ / shares													$ 5.91

EARNINGS PER SHARE (EPS) (Detai

EARNINGS PER SHARE (EPS) (Details) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Numerator for EPS:
Net loss	$ 1,562	$ 3,562	$ 5,329
Denominator for EPS:
Weighted average shares outstanding - basic	8,911,546	8,874,696	8,874,696
Dilutive shares	0	0	0
Weighted average shares outstanding - diluted	8,911,546	8,874,696	8,874,696
Earnings Per Share, Basic [Abstract]
Basic and diluted	$ (0.175)	$ (0.4)	$ (0.6)
Anti-dilutive options excluded from calculation of diluted income (loss) per share	675,000	720,000	621,460

DISCONTINUED OPERATION (Schedul

DISCONTINUED OPERATION (Schedule of Operations Information of Discontinued Operations) (Details) - USD ($)	12 Months Ended
	Dec. 31, 2022		Dec. 31, 2021		Dec. 31, 2020
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Gross profit (loss)	$ 0		$ 11,000		$ (107,000)
Operating expenses:
Research and development, net	0		16,000		42,000
Selling and marketing	0		29,000		90,000
General and administrative	0		68,000		191,000
Total operating expenses	0		113,000		323,000
Operating income (loss)	0		(102,000)		(430,000)
Financial expenses (income)	0		0		0
Income (loss) on disposal of discontinued operation	0	[1]	529,000	[1]	(1,415,000)
Net Income (loss)	0		427,000		(1,845,000)
Inventory write off	1,284,000		624,000		769,000
Accounts receivable write off	138,000		248,000		(8,000)
Total assets write off					1,400
Discontinued Operation [Member]
Operating expenses:
Inventory write off			529,000
Service [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Revenue	0		440,000		955,000
Cost of revenue	$ 0		$ 429,000		$ 1,062,000
[1]During 2020, the Company wrote off the following assets belonging to the discontinued operation: Inventory of $464, Accounts receivable of $233, Fixed assets of $363 and Customers' relationships of $355. During 2021 the company was succeeded to collect and sell some of the account receivable and inventory that were written off in total amount of $529.

TAXES ON INCOME (Narrative) (De

TAXES ON INCOME (Narrative) (Details) - USD ($) $ in Thousands	1 Months Ended		12 Months Ended
	Jan. 31, 2017	Aug. 31, 2013	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2014
Income Taxes [Line Items]
Preferred Income tax rate not within Development Zone A			12%			16%
Preferred Income tax rate for Development Zone A			6%			9%
Accumulated tax loss carry forward			$ 970	$ 615
Domestic Maximum Tax Rate For Distributed Dividends From Preferred Income		20%	15%
Corporate tax rate for Israel			23%	23%	23%
Uniform tax rate for Development Zone A	7.50%
Deferred tax asset, state operating loss carryforward			$ 2,475	$ 3,500
UNITED STATES
Income Taxes [Line Items]
Corporate tax rate for Israel			21%
UNITED STATES | Minimum [Member]
Income Taxes [Line Items]
Corporate tax rate for Israel			3%
UNITED STATES | Maximum [Member]
Income Taxes [Line Items]
Corporate tax rate for Israel			6%
United States Subsidiary [Member]
Income Taxes [Line Items]
Deferred tax asset, state operating loss carryforward			$ 1,519
TAT Technologies Ltd [Member]
Income Taxes [Line Items]
Preferred Income tax rate not within Development Zone A			16%
Deferred tax asset, capital loss carryforward			$ 956
TAT Gedera [Member]
Income Taxes [Line Items]
Deferred tax asset, capital loss carryforward			$ 2,727
Turbo chrome [Member]
Income Taxes [Line Items]
Preferred Income tax rate for Development Zone A			7.50%
US and Israel [Member]
Income Taxes [Line Items]
Loan received			$ 6,000	$ 6,000

TAXES ON INCOME (Schedule of Re

TAXES ON INCOME (Schedule of Reconciliation of Tax Provisions to the Domestic and Effective Tax Rate) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022		Dec. 31, 2021		Dec. 31, 2020
Income Tax Disclosure [Abstract]
Income (loss) before taxes on income (tax benefit) from continued operations reported in the statements of income	$ (1,648)		$ (4,575)		$ (4,816)
Statutory tax rate in Israel	23%		23%		23%
Theoretical taxes on income (tax benefit)	$ (379)		$ (1,052)		$ (1,108)
Increase (decrease) in taxes on income resulting from:
Tax adjustment for foreign subsidiaries subject to a different tax rate	(13)		75		50
Reduced tax rate on income derived from "Preferred Enterprises" plans	(48)		149		580
Earnings from foreign subsidiaries	0	[1]	0	[1]	(2,338)
Deferred tax assets from discontinued operation profit (loss)	0		(98)		(138)
Reduced deferred tax asset from expecting utilization of carryforward losses	0		0		1,984
Tax in respect of prior years	59		24		(345)
Temporary differences for which no deferred taxes were recorded	238		0		(377)
Permanent differences	77		71		24
Other adjustments	164		(27)		(151)
Taxes on income (tax benefit) as reported in the statements of income	$ 98		$ (662)		$ (1,517)
[1]The Company record an accrual that related to a deferred tax liability due to the possibility of future distribution of earnings from foreign subsidiaries of the Company.

TAXES ON INCOME (Schedule of In

TAXES ON INCOME (Schedule of Income (Loss) from Continuing Operations Before Income Tax Domestic and Foreign) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Income Tax Disclosure [Abstract]
Domestic (Israel)	$ (1,201)	$ (5,139)	$ (4,499)
Foreign (United States)	(447)	564	(317)
Income before taxes on income	$ (1,648)	$ (4,575)	$ (4,816)

TAXES ON INCOME (Schedule of Co

TAXES ON INCOME (Schedule of Components of Income Tax Provision) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Current:
Domestic (Israel)	$ 0	$ 0	$ 0
Foreign (United States)	0	0	0
Total current	0	0	0
Deferred:
Domestic (Israel)	268	(579)	(683)
Foreign (United States)	(111)	(107)	(489)
Total deferred	157	(686)	(1,172)
Previous Years:
Domestic (Israel)	0	0	(134)
Foreign (United States)	(59)	24	(211)
Total previous years	0	0	(345)
Taxes on income (tax benefit)	$ 98	$ (662)	$ (1,517)

TAXES ON INCOME (Schedule of De

TAXES ON INCOME (Schedule of Deferred Tax Assets and Liabilities) (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Deferred tax assets:
Provision for current expected credit losses	$ 0	$ 95
Provisions for employee benefits	378	495
Inventory	1,288	1,212
Capital tax losses carryforward	2,475	3,500
Net operating losses carryforward	4,040	3,084
Other	475	326
Deferred tax assets, before valuation allowance	8,656	8,712
Valuation allowance	(5,202)	(5,484)	$ (5,484)	$ (3,500)
Deferred tax assets, net	3,454	3,228
Deferred tax liabilities:
Property, plant and equipment	(1,884)	(1,542)
Intangible assets	(341)	(434)
Other temporary differences deferred tax liabilities	0	0
Deferred tax liabilities	(2,225)	(1,976)
Deferred Tax Assets, Net, Total	$ 1,229	$ 1,252

TAXES ON INCOME (Schedule of Ch

TAXES ON INCOME (Schedule of Changes in Valuation Allowance) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Changes in Valuation Allowance
Balance	$ 5,484	$ 5,484	$ 3,500
Additions during the year	(282)	0	1,984
Balance	$ 5,202	$ 5,484	$ 5,484

SEGMENT INFORMATION (Schedule o

SEGMENT INFORMATION (Schedule of Operating Income By Segment) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Revenues	$ 84,556	$ 77,973	$ 75,359
Cost of revenues	68,628	66,703	66,924
Gross profit	15,928	11,270	8,435
Research and development	479	517	185
Selling and marketing	5,629	5,147	4,369
General and administrative	9,970	8,354	7,612
Other expenses (income)	(90)	(468)	315
Restructuring Charges	1,715	1,755	0
Operating income (loss)	(1,775)	(4,035)	(4,046)
Financial expense, net	127	540	770
Loss before tax benefits	(1,648)	(4,575)	(4,816)
Intersegment Revenues [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Research and development		(47)
Selling and marketing		(89)
General and administrative		(191)
Other expenses (income)		896	0
Elimination of inter-company sales [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Revenues	(3,733)	(3,916)	(3,141)
Cost of revenues	(3,285)	(3,685)	(2,937)
Gross profit	(448)	(231)	(204)
Research and development	(74)		0
Selling and marketing	(54)			$ 0
General and administrative	(2)		0
Other expenses (income)	1,547
Restructuring Charges	0	0
Operating income (loss)	(1,977)	(800)	(204)
OEM of Heat Transfer Solutions and Aviation Accessories [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Revenues	21,844	25,977	23,125
Cost of revenues	18,778	24,044	21,703
Gross profit	3,066	1,933	1,422
Research and development	193	122	(3)
Selling and marketing	1,936	2,040	1,429
General and administrative	3,226	3,128	2,183
Other expenses (income)	(1,566)	(913)	0
Restructuring Charges	975	1,338
Operating income (loss)	(1,698)	(3,782)	(2,187)
MRO Services for heat transfer components and OEM of heat transfer solutions [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Revenues	24,796	18,846	20,640
Cost of revenues	20,750	16,922	17,885
Gross profit	4,046	1,924	2,755
Research and development	54	80	(2)
Selling and marketing	926	1,015	1,152
General and administrative	2,462	1,855	2,054
Other expenses (income)	(52)	0	(21)
Restructuring Charges	618	386
Operating income (loss)	38	(1,412)	(470)
MRO services for Aviation Components and Lease [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Revenues	35,879	33,232	31,189
Cost of revenues	28,890	26,444	26,961
Gross profit	6,989	6,788	4,228
Research and development	286	202	7
Selling and marketing	2,383	1,961	1,527
General and administrative	3,686	3,004	2,732
Other expenses (income)	(18)	(432)	0
Restructuring Charges	0	0
Operating income (loss)	652	2,053	(38)
Overhaul and coating of jet engine components [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Revenues	5,770	3,834	3,546
Cost of revenues	3,495	2,978	3,312
Gross profit	2,275	856	234
Research and development	19	160	183
Selling and marketing	330	220	261
General and administrative	594	558	643
Other expenses (income)	0	(19)	(294)
Restructuring Charges	122	31
Operating income (loss)	$ 1,210	$ (94)	$ (1,147)

SEGMENT INFORMATION (Schedule_2

SEGMENT INFORMATION (Schedule of Assets, Depreciation and Amortization, and Capital Expenditures by Segment) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Segment Reporting, Asset Reconciling Item [Line Items]
Total assets	$ 126,651	$ 110,833
Depreciation and amortization	3,706	4,881	$ 4,065
Asset's impairment	1,800
Expenditure for segment assets	17,875	12,330
OEM of Heat Transfer Solutions and Aviation Accessories [Member]
Segment Reporting, Asset Reconciling Item [Line Items]
Total assets	24,251	27,271
Depreciation and amortization	690	2,174
Asset's impairment	1,800
Expenditure for segment assets	1,012	271
MRO Services for heat transfer components and OEM of heat transfer solutions [Member]
Segment Reporting, Asset Reconciling Item [Line Items]
Total assets	39,193	27,267
Depreciation and amortization	432	740
Expenditure for segment assets	9,345	4,831
MRO services for Aviation Components and Lease [Member]
Segment Reporting, Asset Reconciling Item [Line Items]
Total assets	55,616	45,112
Depreciation and amortization	2,325	1,683
Expenditure for segment assets	5,411	5,624
Overhaul and coating of jet engine components [Member]
Segment Reporting, Asset Reconciling Item [Line Items]
Total assets	8,846	7,128
Depreciation and amortization	259	284
Expenditure for segment assets	2,107	1,604
Amounts not allocated to segments [Member]
Segment Reporting, Asset Reconciling Item [Line Items]
Total assets	(1,255)	4,055
Depreciation and amortization	0	0
Expenditure for segment assets	$ 0	$ 0

ENTITY-WIDE DISCLOSURE (Narrati

ENTITY-WIDE DISCLOSURE (Narrative) (Details)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Sales [Member] | Customer Concentration Risk [Member] | Single Customer [Member]
Product Information [Line Items]
Concentration Risk, Percentage	8.40%	12.80%

ENTITY-WIDE DISCLOSURE (Schedul

ENTITY-WIDE DISCLOSURE (Schedule of Total Revenues by Geographical Location) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Revenues from External Customers and Long-Lived Assets [Line Items]
Total revenues	$ 84,556	$ 77,973	$ 75,359
Product [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Total revenues	25,460	25,870	22,739
Service [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Total revenues	59,096	52,103	52,620
ISRAEL | Product [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Total revenues	3,249	5,532	3,355
ISRAEL | Service [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Total revenues	3,913	2,213	3,543
UNITED STATES | Product [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Total revenues	15,616	13,716	12,284
UNITED STATES | Service [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Total revenues	40,954	34,231	34,765
Other [Member] | Product [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Total revenues	6,595	6,622	7,100
Other [Member] | Service [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Total revenues	$ 14,229	$ 15,659	$ 14,312

ENTITY-WIDE DISCLOSURE (Sched_2

ENTITY-WIDE DISCLOSURE (Schedule of Long-Lived Assets by Geographical Location) (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Revenues from External Customers and Long-Lived Assets [Line Items]
Long-Lived Assets	$ 51,501	$ 35,405	$ 33,979
ISRAEL
Revenues from External Customers and Long-Lived Assets [Line Items]
Long-Lived Assets	10,231	8,427	15,071
UNITED STATES
Revenues from External Customers and Long-Lived Assets [Line Items]
Long-Lived Assets	$ 41,270	$ 26,978	$ 18,908

SUPPLEMENTAL CONSOLIDATED BAL_3

SUPPLEMENTAL CONSOLIDATED BALANCE SHEETS INFORMATION (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Warranty provision [Member]
SEC Schedule, 12-09, Valuation and Qualifying Accounts Disclosure [Line Items]
Balance, beginning	$ 243	$ 250	$ 235
Additions	0	80	80
Deductions	0	(87)	(65)
Balance, ending	243	243	250
Provision for current expected credit losses [Member]
SEC Schedule, 12-09, Valuation and Qualifying Accounts Disclosure [Line Items]
Balance, beginning	389	306	314
Additions	0	269	194
Deductions	138	(186)	(202)
Balance, ending	$ 527	$ 389	$ 306

SUBSEQUENT EVENTS (Narrative) (

SUBSEQUENT EVENTS (Narrative) (Details) - USD ($) $ in Millions	Jan. 31, 2023	Dec. 31, 2022
Subsequent Event [Line Items]
Grants receivable		$ 2
Subsequent Event [Member] | Employee’s retention credit (ERC) grant [Member]
Subsequent Event [Line Items]
Grants receivable	$ 2.4