Arotech Receives over $10 M for Davids and Aircraft Armor

(June 14, 2010) -- Arotech Corporation (NasdaqGM: ARTX), a provider of quality defense and security products for the military, law enforcement and security markets, announced today that its Armor Division has received orders valued at more than $10 million for its David Light Armored Vehicles and armor for various aircraft. With these orders, Arotech's backlog stands at more than $45 million. MDT Armor is exhibiting at the Eurosatory Defense show in Paris this week. MDT is launching its new Tiger armored vehicle in booth D681 in Hall 6. The Tiger is mine and blast protected, with various add-on armor options, including reactive armor. Its 5 doors and a roof hatch offer easy loading and unloading of soldiers and equipment. The wide and spacious cabin, with its large payload capacity, can be tailored to many missions. The new Tiger vehicle is based on a commercial Dodge RAM 5500 truck chassis, and has a powerful Cummins 350 HP diesel engine, large wheels, and a 127" wheel base offering exceptional all terrain capabilities. The advanced suspension system ensures a comfortable ride for the crew. The 8.8 ton GVWR allows - with a standard armor package - for a 1.5 ton payload, or 6 passengers plus 900 kg of equipment. The add-on armor panels can be removed, repaired, replaced or upgraded. An optional upgrade to a 10.4 ton GVWR allows for an improved armor suite, including reactive armor defeating RPG rockets and EFP charges. MDT's veteran David vehicle is a lightweight armored vehicle based on a Land Rover heavy duty Defender platform. The David has been selected by the Israel Defense Force (IDF) as its standard armored reconnaissance and patrol vehicle, and is operating hundreds of them already. The David has resisted numerous terror attacks, withstanding assault weapons and various explosive devices, saving the lives of its occupants. "This is another major order for MDT," said Robert Ehrlich, Arotech's Chairman and CEO. "The David has proven itself both in battlefield operations and as a strong product line for the Armor Group."

Source: Arotech Corporation
Date: Jun 15, 2010