 | |
| Company type | Private |
|---|---|
| Nasdaq: ARTX | |
| Industry | Defense Aerospace |
| Founded | 1990; 36 years ago (1990) |
| Headquarters | Delaware, United States |
Key people | Dean M. Krutty (CEO) |
| Revenue |  US$ 98.7 million (2017) |
| US$ 2.9 million (2017) | |
| US$ 3.8 million (2017) | |
| Owner | Greenbriar Equity Group |
Number of employees | 472 |
| Website | arotech |
Arotech Corporation is adefense and security products and services company. It manufactures and designs products for military and non-military air and ground vehicles; interactivesimulation 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 isincorporated in Delaware, with corporate offices inAnn Arbor, Michigan and research, development and production subsidiaries inMichigan,South Carolina andIsrael.[2] Until late 2019 they were publicly held (NASDAQ: ARTX). In December 2019 Arotech was acquired by Greenbriar Equity Group and takenprivate.[3]
Raytheon Company remains Arotech's chief competitor in defense, homeland security and other government markets.[4]
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 inAuburn, Alabama, andLod,Israel. The company has designed armor for over 30 types of vehicles,[5] including military vehicles, helicopters and transport aircraft. These include:
Arotech's Training and Simulation Division (FAAC) manufactures and markets simulators 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 theF-15,F-16,F-18,F-22, andF-35 aircraft, as well as simulation models for theACMI/TACTS air combat training ranges.[7]
Arotech's simulation division has been awarded federal contracts for theFederal Bureau of Investigation (FBI),Drug Enforcement Administration (DEA), andDepartment of Health and Human Services (HHS).[8]