This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Arotech's FAAC Incorporated Announces Franchise In India

ANN ARBOR, Mich., Sept. 23, 2013 /PRNewswire/ --  Arotech Corporation (NasdaqGM: ARTX) announced today that its Training and Simulation Division's FAAC unit has established a FAAC India franchise. Viswire Training and Simulation Limited, an India-based company specializing in the development of visualization and simulation applications, will operate the franchise in cooperation with FAAC Incorporated. The franchise agreement will allow for a greater exchange of information between the two companies. It will also expand the potential for Indian-content product and solutions delivered by FAAC India.

"FAAC, as a global leader in simulation technologies, combined with Viswire's market reach and technical expertise in India, makes FAAC India the only logical choice for the Indian simulator market," said Subramanian Iswaran, Viswire Training and Simulation President. "FAAC India works collaboratively with customers to deliver the right products to address their needs with capabilities not available until now."

The partnership formalizes a successful relationship that has already begun delivering truck driver training simulators to Ashok-Leyland and is marketing the broader use of simulation systems within India.

"FAAC's 40 years of simulation experience, coupled with Viswire's knowledge of the local simulation market requirements, are the ideal team to service the region," said Kurt Flosky, FAAC Incorporated Executive Vice President. "Together, we have a strong capability and capacity to serve the simulation needs of the emerging Indian market."

About Arotech's Training and Simulation Division

Arotech'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.

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

DOW 18,041.54 -190.48 -1.04%
S&P 500 2,104.20 -21.86 -1.03%
NASDAQ 5,032.7510 -56.6110 -1.11%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs