Arotech Training and Simulation Division Announces IDIQ Award Valued at up to $40 M

Arotech Corporation [Nasdaq GM: ARTX] announced that its Training and Simulation Division (ATSD) has received an Indefinite Delivery Indefinite Quantity (IDIQ) award with a potential value of up to $40M for its MILO Range Training Systems' simulator products. The multiple-award contract is for the provision of law enforcement training simulators and related equipment and services to the U.S. Department of State in support of its Bureau of International Narcotics and Law Enforcement Affairs (INL) training mission. INL works to keep Americans safe at home by countering international crime, illegal drugs, and instability abroad. INL provides training and assistance in all aspects of police, corrections and justice systems tailored to the specific environment, legal framework, and identified requirements of each partner nation.  MILO Range Training Systems was one of two awardees following a competitive full and open solicitation.  The Period of performance is five years and includes MILO Range Theater multi-screen and MILO Range portable solutions.

"We are thrilled with this award, which solidifies our long standing position as a supplier to the Department of State for our award winning MILO Range Training Systems," commented Robert McCue, MILO Range Training Systems General Manager. "This highly competitive procurement further validates our position as a global leader in the international law enforcement judgmental skills simulator market, and provides a streamlined acquisition process to deliver this important training capability to the various organizations supported by the U.S. Department of State."

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Source: Arotech Corporation
Date: Apr 20, 2016