Ashot Ashkelon Industries Ltd. (ASHO.TA) Stock

About Ashot Ashkelon Industries Ltd.

Ashot Ashkelon Industries Ltd., an Ashkelon, Israel-based company, is engaged in the design, production, assembly, and supply of advanced systems and components for both the aerospace and defense industries, serving clients domestically and internationally. Their aerospace offerings encompass critical engine shafts and rotating parts; sophisticated high-lift system elements like universal joints, transmissions, gearboxes, lever bearing arms, and various shafts for rotary actuation; landing gear components designed for turboprop and business jet aircraft; and a wide array of electro-mechanical assemblies and gear-based products. Furthermore, they manufacture specialized tungsten products, essential for weight balancing within aircraft structures such as wing fuselages, stabilizers, helicopter rotors, propellers, and other aerospace instruments. For land-based applications, the company provides automated transmission systems suitable for heavy-duty vehicles, final drive products, and comprehensive suspension systems. These suspension solutions include rotary and linear mechanisms, shock absorbers, road arms, springs, tension mechanisms, and road wheels tracks, alongside various upgrade packages. Beyond their core defense and aerospace segments, Ashot Ashkelon Industries also extends its services to a diverse range of sectors, including agriculture, mining, marine, oil and gas, printing, construction, and general industrial and commercial markets. The company operates as a subsidiary under the ownership of Lahav Haherev Ltd.

Ashot Ashkelon Industries Ltd. is led by CEO Eliyahu Damari, employs 521 people, headquartered in Ashkelon, IL, publicly traded since 2000.

over the past 52 weeks the stock has ranged between $5760.00 and $13520.00, and currently trades 52.6% below its 52-week high.

Official website: www.ashot.co.il

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