ANN ARBOR, Mich., Feb. 19, 2013 /PRNewswire/ -- Arotech Corporation's (NasdaqGM: ARTX) Training and Simulation Division (ATSD) has secured $4.5 million in new project awards since the beginning of 2013. At the end of January, ATSD backlog was over $70 million.
The new funding spans all ATSD business units and is highlighted by significant awards for the US Air Force Zone Acquisition Process pilot weapon employment software programs, the US Air National Guard Boom Operator Simulator program, the City of Raleigh Capital Area Transit bus simulator, a Stanford University driving simulator, and the City of Fontana Driving combination driving and use-of-force simulator.
"After finishing 2012 with record revenue, we are encouraged that our Training and Simulation Division has started 2013 so strongly, with a high level of backlog and many exciting opportunities in the pipeline," commented Robert S. Ehrlich, Arotech's Chairman and Chief Executive Officer. "The breadth of these new project wins across all the Training and Simulation Division's business units highlights great diversification within our product line and customer base."
About Arotech's Training and Simulation DivisionArotech's Training and Simulation Division (ATSD) provides world-class simulation based training solutions. ATSD develops, manufactures, and markets advanced high-tech multimedia and interactive digital solutions for engineering, use-of-force, and operator training simulations for military, law enforcement, security, municipal and private industry personnel. The division's fully interactive operator training systems feature state-of-the-art vehicle simulator technology enabling training in situation awareness, risk analysis and decision-making, emergency reaction and avoidance procedures, conscientious equipment operation, and crew coordination. The division's use-of-force training products and services allow organizations to train their personnel in safe, productive, and realistic environments. The division provides consulting and developmental support for engineering simulation solutions. The division also supplies pilot decision-making support software for the F-15, F-16, F-18, F-22, and F-35 aircraft, simulation models for the ACMI/TACTS air combat training ranges, and Air-Refueling Boom Arm simulators.
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