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Tuesday, Oct 17, 2017

Arotech Training And Simulation Division Announces $7.4 M In New Orders

Arotech Corporation [Nasdaq GM: ARTX] announced that its Training and Simulation Division (ATSD) has received $7.4 million in new awards and contract modifications. These funded orders are highlighted by a $1.7 million modification to increase the capabilities of the US Army's Virtual Clearance Training Suites (VCTS) and over $1 million in orders for its transit and public safety driving simulators.  

"We continue to evolve and expand the capabilities our current products while innovating new solutions," commented Kurt Flosky , Arotech Training and Simulation Division President. "These awards demonstrate our ability to support the expanding training and simulation needs of our current users while we successfully add new clients."

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"Arotech continues to benefit from the performance of its Training and Simulation division, which provides a solid foundation to support our corporate growth strategy," commented Steven Esses , Arotech President and CEO.

Source : Arotech Corporation - view original press release

Published on ASDNews: Jan 13, 2016


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