Arotech Gets $8.7M In New Orders

ANN ARBOR — The Ann Arbor-based training, simulation and power management developer Arotech Corp. (Nasdad: ARTX) said its Training and Simulation Division has received $8.7 million in new awards and contract modifications since the beginning of the second quarter April 1.

These orders are highlighted by $2.8 million in funding for continued field support and capabilities upgrades to the U.S. Army’s Virtual Clearance Training Suites, a $1.1 million award for a York Region Rapid Transit Bus simulator, and a new international aircraft platform for its ZAP weapon employment software.

“Our world-class training and simulation solutions continue to garner attention from new and existing customers in a number of diverse end markets,” said Kurt Flosky, president of the division. “The recent orders we received from military and defense organizations expanding our VCTS solution and adding a new host platform for our air-warfare simulation solution continue to validate the added value of our products. Simultaneously, orders from municipalities across North America for our transit bus simulator product line affirm our industry leading position in a growing market.”

Added Steven Esses, Arotech president and CEO: “Spanning the breadth of our markets from air to ground and national to international – these awards highlight the diversified offerings of our training and simulation division. This diversification provides great stability and a solid foundation for future growth.”

Arotech’s Training and Simulation Division develops, manufactures, and markets advanced high-tech multimedia and interactive digital systems for engineering, use-of-force, and operator training simulations for military, law enforcement, security, municipal and private industry personnel. The division’s fully interactive operator training systems feature state-of-the-art vehicle simulator technology enabling training in situation awareness, risk analysis and decision-making, emergency reaction and avoidance procedures, conscientious equipment operation, and crew coordination. The division’s use-of-force training products and services allow organizations to train their personnel in safe, productive, and realistic environments. The division provides consulting and developmental support for engineering simulation solutions. The division also supplies pilot decision-making support software for the F-15, F-16, F-18, F-22, and F-35 aircraft, simulation models for the ACMI/TACTS air combat training ranges, and Air-Refueling Boom Arm simulators.

Arotech’s Training and Simulation Division consists of FAAC Inc., www.faac.com, Milo Range Training Systems, www.milorange.com, and Realtime Technologies, www.simcreator.com.

Arotech is based in Ann Arbor with research, development and production subsidiaries in Michigan, South Carolina, and Israel. For more information visit www.arotech.com.

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