Ashot Ashkelon Industries (ASHO) Stock Overview

Ashot Ashkelon Industries Ltd. engages in the manufacture and sale of systems and components for aerospace and defense in Israel and internationally. It offers aerospace products, such as engine shafts and rotating parts; high lift system components, including universal joints, transmissions and gearboxes, lever bearing arms, and long and short shafts for rotary actuation; landing gears components for turbo prop and business jet aircraft; electro and mechanical assemblies for aerospace applications; gearboxes, transmissions, and gear-based products; and tungsten products, which are installed in various aircrafts to balance weights in the wing fuselage, vertical and horizontal stabilizers, helicopter rotors, propellers, and aerospace instruments. The company also provides land products comprising automated transmission products used in heavy-duty vehicles; final drive products; suspension systems, which include rotary and linear, shock absorbers, road arms, suspension springs and arms, tension mechanism, and road wheels tracks; and upgrade packages. It also serves defense, aerospace, agriculture, mining, marine, oil and gas, printing, construction, industrial, and commercial markets. The company was incorporated in 1970 and is based in Ashkelon, Israel. As of June 30, 2022, Ashot Ashkelon Industries Ltd. operates as a subsidiary of Lahav Haherev Ltd.