Bet Shemesh Engines

Israeli manufacturer Bet Shemesh Engines will acquire Carmel Forge from Pratt & Whitney for $58.5 million. The sale includes a 10-year, $360-million sourcing contract with Pratt & Whitney.

Bet Shemesh Engines signed a long-term framework agreement with Pratt & Whitney to supply jet engine spare parts for $45 million, potentially expanding to $65 million, including compressor discs and a rear hub for F-15, F-16, and F-35 engines.