Arotech Gets $7.4M In New Orders
ANN ARBOR — The Training and Simulation Divison of Ann Arbor-based Arotech Corp. (Nasdaq: ARTX) said it has received $7.4 million in new awards and contract modifications. The orders are …
Arotech Swings To Loss On Revenue Decline
ANN ARBOR — The training, simulation and power systems technology developer Arotech Corp. (Nasdaq: ARTX) reported a loss of $617,971 or 3 cents a share in the third quarter, vs. …
Arotech Power Systems Division Gets $10.7M In Work
ANN ARBOR — Arotech Corp. (Nasdaq ARTX) announced that its Power System Division, which includes UEC Electronics, has been awarded $10.7 million in orders since August. Delivery of the products …
Altair Buys Spanish Casting Simulation Provider
TROY — The Troy engineering technology developer Altair Wednesday announced the acquisition of Click2Cast, a Barcelona, Spain-based developer of casting simulation technology. Terms weren’t disclosed, but Altair said the Barcelona …
Altair Software Conference Coming Next Week In Dearborn
TROY — Hundreds of engineers and researchers will examine new techniques for simulating vehicle design with composites and optimizing designs for additive manufacturing, lightweight vehicles and aircraft as they participate …
Arotech Revenue Jumps 24%
ANN ARBOR — The Ann Arbor defense and security technology developer Arotech Corp. (Nasdaq: ARTX) Monday reported revenue of $27.8 million in the second quarter ended June 30, up 24 …
Altair To Acquire Mass. Modeling Software Maker
TROY — Altair Engineering Inc. Friday announced the intent to acquire Westford, Mass.-based Visual Solutions Inc. Price and terms were not disclosed. The transaction is expected to close by the …