ASHO fundamentals

Ashot Ashkelon Industries Ltd. engages in the manufacture of technological systems and components for the aviation, military, automotive, and other industries. It operates through the following segments: Military, Aviation, and Subsidiary. The Military segment deals with the production of main relays, final drives and suspension systems for armored combat vehicles, armored intruders, pins and cubes, and shards. The Aviation segment manufactures relays and aviation operating and control systems, shafts for jet engines, automotive relays and gears, final drive systems, and sintered tungsten products. The Subsidiary segment includes the operations of the subsidiary company Reliance Gear, which focuses on general machining, production, and marketing of various gears for use in the printing, infrastructure, mining, energy, and aviation industries. The company was founded in 1967 and is headquartered in Ashkelon, Israel.