- CEO
- Ram Drori
- Full Time Employees
- 1,383
- Sector
- Electronic technology
- Industry
- Aerospace & defense
- Address
- Virginia 1 Bet Shemesh JM Israel 9905529
- IPO Date
- Nov 23, 1997
- Business
- Bet Shemesh Engines Holdings (1997) Ltd manufactures and services jet engine parts and provides maintenance, repair, and overhaul (MRO) services primarily for the aerospace and defense sectors. Its core product offerings include complex jet engine components such as compressor and turbine disks and blisks, frames, cases, air seals, spacers, turbine nozzles, turbine blades, sheet metals, combustion chambers, augmentor seals, flaps, and flame holders. The company also produces torque frames, discs, gears, rotating seals, bearing housings, rings, rotors, flanges, hubs, impellers, and stub shafts through closed-die forgings and rolled seamless rings, along with airfoils and structural parts. Additionally, Bet Shemesh Engines offers comprehensive engine services encompassing overhaul, assembly, field troubleshooting, and engineering services for complete engines, modules, and components used in military and civilian aviation markets. The company serves notable customers including Israel's Defense Ministry, Pratt & Whitney, Siemens, and GE Aviation and operates both in Israel and the United States.
Founded in 1997 and headquartered in Beit Shemesh, Israel, Bet Shemesh Engines operates through segments focused on engine parts manufacturing and engine maintenance and overhaul. Recent significant company developments include a $1.2 billion contract renewal with a leading global aircraft engine manufacturer extending an ongoing strategic supply relationship for critical jet engine components with an option for a five-year extension and a $400 million increase in contract value, which expanded the company’s framework agreements from $2.1 billion to $3.3 billion. In 2024, Bet Shemesh Engines acquired an 80% stake in Turbine Standard Ltd., a U.S.-based MRO service provider, for approximately $33 million, reinforcing its American market presence. In 2025, the company entered a joint venture with Germany’s JetCat to develop and manufacture small military engines, further diversifying its product offerings. These strategic moves highlight expansion in both geographic reach and product capabilities, positioning Bet Shemesh Engines as a key supplier in the global aerospace sector.
The company’s operational scope includes manufacturing parts for military jets such as the Israeli fighter fleet and various civil and military helicopter engines, including Pratt & Whitney F100, Pratt & Whitney Canada PT6A, and GE T700 series engines. Bet Shemesh Engines is listed on the Tel Aviv Stock Exchange (Ticker: BSEN.TA) and is controlled by the Israeli private equity firm FIMI Opportunity Funds. It reported a record third-quarter 2025 sales revenue of approximately $84.7 million with continued profitability, demonstrating steady growth and operational resilience in a competitive industry environment. The company’s capabilities encompass design, casting, machining, forging, assembly, and testing of engine modules and full engines, supporting a broad customer base across defense and civilian markets globally.