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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.

Source : Arotech Corporation

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Published on ASDNews: Nov 16, 2012