Feb. 9 at 1:33 PM
Eltek Ltd. announced it has secured
$12.2 million in orders from a U.S.-based defense customer, with deliveries scheduled throughout 2026 and 2027. The components will be used in a defense project, marking a strategic win for the Israel-based printed circuit board manufacturer as it expands its footprint in the U.S. market.
CEO Eli Yaffe said the contract aligns with Eltek’s goal of growing its presence in the U.S. with high value-added products. The multi-year agreement strengthens Eltek’s positioning in the defense sector, provides revenue visibility through 2027, and highlights its ability to secure long-term projects with U.S. defense contractors. Shares rose about 15% on investor optimism following the announcement.
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