PCB Technologies Secures $65 Million Medical Sector Contract
PCB Technologies has won a strategic tender expected to accelerate its growth and deepen its penetration into the global medical device market. The contract is valued at approximately $65 million over two years.
PCB Technologies, one of Israel’s leading and longest-standing manufacturers of printed circuit boards, assemblies, and electronic packaging for the defense and civil industries, has announced a strategic achievement that strengthens its international standing in the medical equipment sector.
The current deal is with an existing client, to whom the company will supply additional products beyond the scope of previous agreements. This move is expected to significantly deepen cooperation and bolster the company's presence in the medical market, a key strategic goal. According to company estimates, the cumulative sales volume from the tender is expected to reach approximately $65 million, spread over a two-year period.
This new tender adds to the group's impressive order backlog, which stood at approximately $177 million at the time of the second-quarter 2026 report, ensuring stable revenue visibility for the coming years in the electronics packaging sector.
Oved Shapira, CEO of PCB Technologies, stated:
"Winning a tender of approximately $65 million is a testament to the trust a leading global medical client places in our technological and operational capabilities. The fact that this is an existing client illustrates our ability to build long-term relationships and expand our product offerings. The medical market, alongside the defense and industrial sectors, is a central growth engine for us, and we continue to invest in upgrading our production systems."
As previously reported, about two years ago, PCB Technologies secured an order for the supply of printed circuit boards worth approximately $9.1 million for a leading client in Israel's defense industry.
