Eltek (ELTK) has released an update.
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Eltek Ltd., an Israeli leader in the printed circuit board industry, has announced receiving substantial orders worth $3.5 million from two defense customers, with deliveries scheduled to start in the fourth quarter of 2024 through to the end of 2026. CEO Eli Yaffe highlighted the strategic importance of such long-term orders for the company’s production planning and profitability. Eltek, known for its innovative and high-tech PCB solutions, serves various high-end markets including defense, aerospace, and medical industries.
For further insights into ELTK stock, check out TipRanks’ Stock Analysis page.
