ASHOT ASHKELON INDUSTRIES LTD

Company description:

Ashot Ashkelon Industries Ltd. is a leading manufacturer and supplier of technologically advanced systems and components for the Aerospace industry for over 45 years. With a strong emphasis on production, quality and highly qualified personnel, Ashot is recognized as a high quality supplier. Its products are installed on more than 20 different aircrafts including; Boeing, Airbus, Embraer, Bombardier, Lockheed, Sikorsky and others. Ashot predominantly supplies flight safety products and specializes in producing build-to-print and build-to-spec products in six technological areas: •Jet Engine Shafts •High Lift systems & Stabilizers •Gearboxes and transmissions •Electromechanical assemblies •Landing Gears •Tungsten balance& counter weights. As a vertically integrated company, Ashot has in house manufacturing capabilities including machining, gear cutting and grinding, heat treatment, NDT, surface treatment, deep hole drilling, balancing, assembling and testing. Products are delivered directly to the aircraft OEM's assembly lines. Ashot is AS9100C certified, and all special processes are NADCAP approved, in addition to specific approvals granted by Ashot's customers. Reliance Gear Corp., a fully owned U.S. subsidiary of Ashot Ashkelon operates in two sites in Addison IL. Reliance Gear serves as the regional basis for gears and transmissions. Ashot's success is achieved by more than 450 professional employees, Ashot is a public company traded on the Tel Aviv Stock Exchange.