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Ashot Ashkelon
Precision transmission assemblies and structural components for defense
Latest event found: 24 Sep 2026 · 26 days ago
Vitality Radar
Pillar Analysis
Strategic Assessment
Strategic Vector
Ashot Ashkelon is expanding from its established Israeli armored-vehicle and drivetrain base into larger defense orders and higher-value aerospace systems, including a long-term Boeing 787 supply program. Recent revenue growth, acquisition activity, and institutional investment indicate strengthening scale and market confidence.
Efficiency Ratio
The company appears to convert a 501-1000-person industrial workforce into substantial and growing output, with 2025 sales of ILS 458.73 million and net income of ILS 56.84 million, although public data is insufficient to benchmark productivity against peers.
Evidence Signals
The Israel Ministry of Defense signed an order worth more than $23 million for Merkava tank and Namer APC components.
Ashot Ashkelon reported a long-term agreement to supply $58 million in systems for Boeing 787 Dreamliner aircraft, with deliveries scheduled to begin in 2028.
Ashot Ashkelon completed a private placement of 1,230,770 common shares at ILS 97.50 per share, raising gross proceeds of ILS 120,000,075.
Background · older than 12 months
Ashot Ashkelon announced additional Israel Ministry of Defense orders worth NIS 100 million, contributing to a reported 250% share-price increase from the relevant comparison point.
Ashot Ashkelon completed its acquisition of Industrial Development Company Ltd. after agreeing to purchase it for ILS 45.6 million.
- About
- Manufactures complex mechanical assemblies including main battle tank transmissions, gearboxes, and jet engine shafts. The vertically integrated facility also produces tungsten-based armor-piercing projectiles and landing gear components for global aerospace applications.
- Relevancy
- Provides critical components for main battle tanks including Merkava transmissions, tungsten armor-piercing ammunition, and auto-loaders. Supplies precision-manufactured parts essential for military vehicle operation and lethality, with production capabilities supporting both Israeli and US defense requirements.
- Tags
- #Merkava-transmissions #tungsten-projectiles #precision-gears #armor-piercing #tank-components #aerospace-manufacturing #defense-manufacturing #Elbit-subsidiary