Eltek

Eltek Wins $12.2 Million U.S. Defense Contract

Posted on by Techtime

Israeli PCB manufacturer Eltek announced that it has secured new orders totaling $12.2 million from a U.S. defense customer. Under the contract, the company will supply advanced printed circuit boards to be integrated into dedicated military systems, with deliveries scheduled throughout 2026–2027.

Eltek specializes in the production of complex, high-reliability printed circuit boards for demanding sectors such as defense, aerospace, medical and advanced industry. The company provides PCB solutions based on advanced technologies, including multilayer boards and products designed to operate in extreme environmental conditions and mission-critical applications.

The new award is viewed as evidence of the success of a strategic initiative led by Eltek in recent years. The company has invested substantial resources in upgrading manufacturing infrastructure, acquiring advanced equipment and implementing new technologies in order to meet the stringent requirements of international defense and aerospace markets. These investments are intended to enable higher manufacturing precision, shorter lead times and compliance with strict U.S. standards.

According to company management, the U.S. contract demonstrates that these investments are beginning to pay off and positions Eltek as a competitive supplier in the American defense market — one of the largest and most important markets worldwide for printed circuit boards. The win strengthens the company’s standing and expands its international activity, particularly among strategic defense customers.

Eltek views the order as another step in a long-term shift toward higher value-added products and stronger presence in high-budget, technologically demanding markets. The company said it will continue investing in manufacturing capabilities and business development in the United States in order to deepen penetration into the defense sector and broaden its customer base in the coming years.

Eltek Resumed PCB Deliveries to Its Customers

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Above: A look inside one of Eltek’s production rooms. Credit: Techtime

Eltek reported that it has resumed making deliveries to its customers after a fire had broke out on June 14, in one of the production rooms in the Company’s plant in Petach-Tikva (near Tel Aviv). The fire, which damaged part of the production line located in that room, was extinguished without any casualties. The manufacturing processes performed in the damaged room are required for completing the manufacturing process.

Currently, Eltek revealed that it is utilizing an alternative production line to complete its production process while continuing its efforts to complete the repair of the damaged production line. The Company is in communication with its customers in order to prioritize deliveries and avoid critical delays, and is also in contact with its insurance company with respect to the compensation to be paid for the damages caused by the fire.

Eltek specializes in the manufacture and supply of complex and high quality PCBs, HDI, multilayered and flex-rigid boards for the high-end market. The Company’s headquarters and R&D, production and marketing center are located in Israel. Eltek also operates through its subsidiary in North America and by agents and distributors in Europe, India, South Africa and South America. Its FY 2021 revenues totaled $33.8 million.

 

Fire broke out at Eltek PCB Plant

Posted on by Techtime

Eltek Ltd. reported that a fire had broke out this week in one of the production rooms in the Company’s PCB plant in Petach-Tikva, Israel. The fire, which damaged part of the production line located in that room, was extinguished without any casualties. The company restarted its manufacturing in all other production lines; however the manufacturing processes performed in the room that was damaged are required for completing the manufacturing process.

At this stage a full assessment of the full recovery time and the impact on the company’s operations has not been completed. “The Company is making efforts to minimize delays of its products deliveries. Based on a preliminary review, all damages are covered under the Company’s insurance policies.”

Eltek was founded in 1970. It provides manufacturing services of advanced custom made PCB solutions for use in sophisticated and compact electronic products, including complex rigid, double-sided and multi-layer PCBs as well as flexible circuitry (flex and flex-rigid boards) made of several types of high-performance base material. It also develops manufacturing solutions pursuant to complex interconnect requirements of OEMs.

The Company’s headquarters, R&D, production and marketing center are located in Israel. Eltek also operates through its subsidiary in North America and by agents and distributors in Europe, India, South Africa and South America. During the last three years Eltek invested approximately $3.5 in new equipment and the expansion of our facilities and infrastructure. It plans  to invest approximately $2.4 million in 2022, mainly for manufacturing equipment.