Back/Eltek wins $12.2M U.S. defense order, accelerating North America PCB expansion
USA·February 12, 2026·eltk

Eltek wins $12.2M U.S. defense order, accelerating North America PCB expansion

ED
Editorial
Cashu Markets·2 min read
TL;DR
  • Eltek won a $12.2M U.S. defense contract for PCBs, delivering in 2026–2027 to boost its U.S. expansion.
  • Eltek is positioned in high-end HDI, multilayer and flex-rigid PCB markets, shifting focus to North American defense.
  • Eltek holds ITAR, AS-9100 and NADCAP certifications, manufacturing in Israel while supporting integration from its North American subsidiary.

Eltek secures $12.2 million U.S. defense order

U.S. defense contract accelerates North America push

Eltek is winning a $12.2 million order from an American defense customer for printed circuit board products that are scheduled for delivery across 2026 and 2027, the company says. The boards are slated for integration into a defense project, and CEO Eli Yaffe says the award supports Eltek’s strategic objective to expand its U.S. presence with higher value-added products.

The award underscores Eltek’s positioning in the high-end PCB market, where customers demand complex HDI, multilayer and flex-rigid boards. The company is translating that capability into more defence-focused business in North America through its local subsidiary and targeted product lines that meet stringent military and aerospace requirements.

Management frames the contract as both a scale and credibility milestone that could open follow-on work with U.S. prime contractors. Eltek is executing production and quality control from its Israeli facilities while using its North American footprint for customer integration, logistics and programme support as the multi-year deliveries proceed.

Manufacturing credentials and market focus

Eltek stresses its ITAR compliance and holds AS-9100 and NADCAP Electronics certifications, credentials that are frequently required for defence and aerospace supply chains. Founded in 1970 and headquartered in Petach Tikva, Israel, the company specialises in technologically advanced PCBs for defence, aerospace and medical markets and operates through a North American subsidiary plus agents and distributors in Europe, India, South Africa and South America.

Forward-looking statements and investor contacts

The company cautions that forward-looking statements are subject to risks, including currency fluctuations between the U.S. dollar and Israeli shekel, potential impacts from the Coronavirus on operations, product and technology development risks, market acceptance and competitive pricing, as set out in its Annual Report on Form 20-F and other SEC filings. Eltek directs inquiries to CFO Ron Freund and posts additional information on its website, noting that press release information is provided for reference and speaks only as of the release date.

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