6 May 2014
Arotech Corp. (NASDAQ GM: ARTX) said it has received new orders from military customers amounting to USD5.2m.
These orders will be delivered to customers during the remainder of 2014.
Robert S. Ehrlich, Arotech´s CEO said, “Our battery division is having a very exciting year so far. We have seen important RandD developments such as our progress with the iron flow battery, the highly accretive acquisition of UEC, as well as continued order momentum. Some of these recent orders were from leading global defense manufacturers that continue to purchase from us, demonstrating their trust in the reliability and quality of our products for use in a rugged military environment.”
Arotech Corp. is a provider of quality defense and security products for the military, law enforcement and homeland security markets, including multimedia interactive simulators/trainers and advanced zinc-air and lithium batteries and chargers.