Arotech Reports Initial Orders of $1.3 M in Tactical Military Communications Batteries
Arotech Corporation (NASDAQ: ARTX), a provider of quality defense and security products for the military, law enforcement and security markets, announced today that its Battery and Power Systems Division received initial orders of $1.3 million for tactical military communications batteries from an overseas defense department.
"This $1.3 million is the first part of an entirely new larger order that we expect to total $3.8 million," said Robert S. Ehrlich, Arotech's Chairman and Chief Executive Officer. "We will announce receipt of the remainder of the order when it is issued," noted Ehrlich.
Global Land Mobile Radio (LMR) Systems Market 2014-2018
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Source : Arotech Corporation