General Information
Bet Shemesh Engines Ltd. (BSEL) was established in 1968. It is a Israeli aerospace company specializing in jet-engine part manufacturing, certified MRO (Maintenance, Repair & Overhaul), and R&D for small turbojet engines. The company has clients both in the civil and military sections. One of its main customers is the Israeli Air Force.[1]BESL website Bet Shemesh Engines is involved in engine programs for Boeing 737 Max and other Boeing aircraft, various Airbus models, CH-53K military transport helicopters and F-35 aircraft.[2]CTech, Defense and aviation demand propel Israeli jet engine company to nearly $1B valuation, 25.11.2024[3]The Marker, This is how Beit Shemesh Engines generated a 130% profit for investors within six months, 09.02.2025
BESL is publicly traded on the Tel Aviv Stock Exchange.[4]BESL website The company has two factories in Israel and two in Serbia, and has four subsidiaries. Three of them are fully owned – BSEL USA Inc, Livnica Preciznih Odlivaka (LPO) and Carmel Forge – while the fourth, Jet Propulsion Israel, is jointly owned with Rafael Advanced Defense Systems.[5]BSEL, Annual Report 2024 Due to its strategic importance, in May 2024 a clause was added to the company’s articles of association requiring the approval of the Israeli Ministry of Defense for any acquisition of 10% or more of BSEL’s shares.[6]CTech, The Ministry of Defense will intervene in any significant sale of Bet Shemesh Engines shares, 15.05.2024
Main Services and Products:
BSEL specializes in the production and overhaul of engines. The company’s core business involves producing jet engine parts. This includes forging discs and rings, casting blades, and machining critical components for propulsion systems.
BSEL’s second main area of activity, the engines division, includes maintenance, repair, overhaul and leasing of engines, as well as trading in engines, assemblies, and engine parts. These include the Pratt and Whitney F100 series (used in F‑15 and F‑16), the Pratt and Whitney Canada PT6A series, General Electric T700 series (used in military helicopters such as the Super Cobra, Apache, Black Hawk and others).
The engine division also specializes in the engineering, development, and production of small engines, including small turbojet engines for UAVs.[7]CTech, Defense and aviation demand propel Israeli jet engine company to nearly $1B valuation, 25.11.2024[8]BSEL, Annual Report 2024[9]SIBAT, Israel Directory: Defense, Homeland & Cyber Defense, 2022
Worldwide activity
Bet Shemesh Engines governmental customers include the US Air Force, Royal Thai Air force, the National Army of Colombia, the Hellenic Navy and Wojskowe Zakłady Lotnicze Nr 1 S.A. – a subsidiary of the state-owned Polish Armaments Group (PGZ).[10]BSEL, Company Presentation, May 2025
The company’s corporate customers include: Pratt & Whitney, Siemens, Mitsubishi, General Electric, Safran, MTU, GE Aviation and others.[11]CTech, Defense and aviation demand propel Israeli jet engine company to nearly $1B valuation, 25.11.2024[12]BSEL, Company Presentation, May 2025
Activity in Israel
The Israeli Air Force is a major customer of BSEL’s Maintenance, Repair & Overhaul services, particularly for F‑15, F‑16, F‑4E, and helicopter platforms.[13]Epicos, Bet Shemesh Engines Ltd., 03.10.2016
Other known Israeli customers include defense companies Rafael and Israel Aerospace Industries (IAI).[14]BSEL, Company Presentation, May 2025
Due to its strategic importance, in May 2024 a clause was added to the company’s articles of association requiring the approval of the Israeli Ministry of Defense for any acquisition of 10% or more of BSEL’s shares.[15]CTech, The Ministry of Defense will intervene in any significant sale of Bet Shemesh Engines shares, 15.05.2024