Israeli Engine Parts Maker Signs Record $1.2 Billion Contract

Jerusalem, 5 October, 2025 (TPS-IL) — Beit Shemesh Engines on Sunday revealed a historic $1.2 billion contract through its subsidiary Carmel Forgings to supply components to a top international engine maker. Spanning 15 years, with a five-year extension option worth $400 million, the deal builds on a 2019 partnership and covers new parts for two engine programs. The agreement lifts the company’s total framework contracts by 50% to $3.3 billion. Beit Shemesh Engines, owned by FIMI and led by Ram Drori, specializes in jet engine parts and precision manufacturing.