Arotech Corporation

Arotech Corporation
Public (NASDAQ: ARTX)
Industry Defense
Aerospace
Founded 1990 (1990)
Headquarters Delaware
Key people
 Steven Esses Chief Executive Officer
Revenue Increase US$ 103.5 million (2014)
Increase US$ 3.5 million (2014)
Increase US$ 3.5 million (2014)
Number of employees
 531
Website http://www.arotech.com/

Arotech Corporation is a defense and security products and services company. It manufactures and designs products for military and non-military air and ground vehicles; interactive simulation for military, law enforcement and commercial markets, and batteries and charging systems for the military. Arotech operates through two major business divisions: Interactive simulation for military, law enforcement and commercial markets, and batteries and power systems for the military.[1]

Arotech is incorporated in Delaware, with corporate offices in Ann Arbor, Michigan and research, development and production subsidiaries in Michigan, South Carolina and Israel. [2]

Raytheon Company remains Arotech's chief competitor in defense, homeland security and other government markets.[3]

Armor Systems Division

Arotech has provided protective armor for Boeing's C-17 Globemaster III

In 2004, Armour of America was acquired by Arotech Corporation. Arotech's armor division produces armored vehicles for homeland security and government agencies. It owns manufacturing facilities in Auburn, Alabama, and Lod, Israel. The company has designed armor for over 30 types of vehicles,[4] including military vehicles, helicopters and transport aircraft. These include:

Military training simulation programs

FAAC/IES corporate offices, Ann Arbor

Arotech's Training and Simulation Division (FAAC) manufactures and markets advanced high-tech multimedia and interactive digital solutions for engineering, use-of-force, and driver training simulations for military, law enforcement, security, municipal and private industry personnel. The division also supplies pilot decision making support software for the F-15, F-16, F-18, F-22, and F-35 aircraft, as well as simulation models for the ACMI/TACTS air combat training ranges.[6]

Arotech's simulation division has been awarded federal contracts for the Federal Bureau of Investigation (FBI), Drug Enforcement Administration (DEA), and Department of Health and Human Services (HHS). Robert McCue, director of Arotech's IES subsidiary, said "We know that the agencies that have selected our systems rely heavily on them to enhance the readiness of their agents as they confront increasing threats at home and abroad. We are proud to support them in that mission."[7]

References

  1. ↑ http://www.reuters.com/finance/stocks/companyProfile?rpc=66&symbol=ARTX.O Arotech Corp (ARTX.O)
  2. ↑ http://ir.arotech.com/press-releases/detail/1718/arotechs-power-division-awarded-7-5-million-in-new
  3. ↑ http://www.dailymarkets.com/stock/2011/07/14/raytheon-wins-a-couple-of-deals/ Raytheon Wins A Couple Of Deals
  4. ↑ http://www.mdt-armor.com/
  5. ↑ http://www.armourofamerica.com/rotary-wing-armor.htm http://www.armourofamerica.com/rotary-wing-armor.htm
  6. ↑ http://www.arotech.com/pr/2010/pr20102010.shtml Arotech's Training and Simulation Division Appears on 21st Century Business Television Series
  7. ↑ http://defensenews-updates.blogspot.com/2010/01/arotechs-ies-interactive-training.html Arotech's IES Interactive Training Awarded Over $3 Million in New Contracts From Federal Agencies for Its Use-of-Force Simulation Products

External links

Subsidiaries of Arotech:

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