Arotech Corporation

Arotech Corporation is a defense and security products and services company. It manufactures and designs products for military and non-military air and ground vehicles; interactive simulation for military, law enforcement and commercial markets, and batteries and charging systems for the military. Arotech operates through two major business divisions: Interactive simulation for military, law enforcement and commercial markets, and batteries and power systems for the military.[1]

Arotech Corporation
TypePrivate
IndustryDefense
Aerospace
Founded1990 (1990)
HeadquartersDelaware, United States
Key people
Dean M. Krutty Chief Executive Officer
Revenue US$ 98.7 million (2017)
US$ 2.9 million (2017)
US$ 3.8 million (2017)
Number of employees
472
Websitehttp://www.arotech.com/

Arotech is incorporated in Delaware, with corporate offices in Ann Arbor, Michigan and research, development and production subsidiaries in Michigan, South Carolina and Israel.[2] Until late 2019 they were publicly held (NASDAQ: ARTX). In December 2019 Arotech was acquired by Greenbriar Equity Group and taken private.[3]

Raytheon Company remains Arotech's chief competitor in defense, homeland security and other government markets.[4]

Armor Systems Division
Arotech has provided protective armor for Boeing's C-17 Globemaster III

In 2004, Armour of America was acquired by Arotech Corporation. Arotech's armor division produces armored vehicles for homeland security and government agencies. It owns manufacturing facilities in Auburn, Alabama, and Lod, Israel. The company has designed armor for over 30 types of vehicles,[5] including military vehicles, helicopters and transport aircraft. These include:

Military training simulation programs
FAAC/IES corporate offices, Ann Arbor

Arotech's Training and Simulation Division (FAAC) manufactures and markets advanced high-tech multimedia and interactive digital solutions for engineering, use-of-force, and driver training simulations for military, law enforcement, security, municipal and private industry personnel. The division also supplies pilot decision making support software for the F-15, F-16, F-18, F-22, and F-35 aircraft, as well as simulation models for the ACMI/TACTS air combat training ranges.[7]

Arotech's simulation division has been awarded federal contracts for the Federal Bureau of Investigation (FBI), Drug Enforcement Administration (DEA), and Department of Health and Human Services (HHS). Robert McCue, director of Arotech's IES subsidiary, said "We know that the agencies that have selected our systems rely heavily on them to enhance the readiness of their agents as they confront increasing threats at home and abroad. We are proud to support them in that mission."[8]

References
  1. https://www.reuters.com/finance/stocks/companyProfile?rpc=66&symbol=ARTX.O Arotech Corp (ARTX.O)
  2. http://ir.arotech.com/press-releases/detail/1718/arotechs-power-division-awarded-7-5-million-in-new
  3. https://seekingalpha.com/news/3527432-arotech-delisted-from-nasdaq Arotech delisted from Nasdaq
  4. http://www.dailymarkets.com/stock/2011/07/14/raytheon-wins-a-couple-of-deals/ Archived 2012-03-18 at the Wayback Machine Raytheon Wins A Couple Of Deals
  5. http://www.mdt-armor.com/
  6. "Archived copy". Archived from the original on 2011-04-15. Retrieved 2011-03-28.CS1 maint: archived copy as title (link)
  7. http://www.arotech.com/pr/2010/pr20102010.shtml Arotech's Training and Simulation Division Appears on 21st Century Business Television Series
  8. http://defensenews-updates.blogspot.com/2010/01/arotechs-ies-interactive-training.html Arotech's IES Interactive Training Awarded Over $3 Million in New Contracts From Federal Agencies for Its Use-of-Force Simulation Products

Subsidiaries of Arotech:

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