Ashot Ashkelon Industries Ltd. (ASHO.TA)
Ashot Ashkelon Industries Ltd. operates in the Aerospace & Defense industry of the Industrials sector, headquartered in Ashkelon, HD, IL. The stock last traded at $6984.00, down 3.31% on the session, giving a market capitalisation of $1.77B. Its beta of 0.50 implies it has historically moved less than the broad market.
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 most often compared with the following Industrials names: