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Arotech Corp (ARTX.OQ)

ARTX.OQ on NASDAQ Stock Exchange Global Market

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24 Mar 2017
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Latest Key Developments (Source: Significant Developments)

FAAC Inc gets $9.5 million award from U.S. Air Force
Monday, 20 Mar 2017 08:20am EDT 

Arotech Corp :FAAC Incorporated - has received a sole source $9.5 million indefinite-delivery/indefinite-quantity award from U.S. Air Force.  Full Article

Arotech reports Q4 adjusted earnings of $0.01/shr
Wednesday, 15 Mar 2017 04:23pm EDT 

Arotech Corp : Arotech reports fourth quarter and full year 2016 results . Q4 adjusted earnings per share $0.01 . Q4 loss per share $0.08 from continuing operations . Q4 revenue $21.5 million versus $27.4 million . Arotech Corp - backlog of orders as of December 31, 2016 totaled approximately $55.4 million versus $63.0 million for same time last year . Arotech Corp - provides revenue guidance of $93 million to $103 million in 2017 .Sees FY 2017 adjusted earnings per share $0.20 to $0.24.  Full Article

Arotech’s U.S. power systems division reports $8.3 mln in awards
Monday, 6 Mar 2017 08:20am EST 

Arotech Corp :Arotech Corp-U.S. Power systems division received contract awards from both government,commercial customers totaling $8.3 million over last three weeks.  Full Article

Arotech appoints Dean Krutty as acting CEO
Tuesday, 3 Jan 2017 07:30am EST 

Arotech Corp : Early termination of its employment agreement with Steven Esses, Arotech's President and CEO . Early termination was by mutual agreement .Says Dean Krutty appointed acting CEO.  Full Article

Arotech to discontinue iron flow storage project
Monday, 22 Aug 2016 08:00am EDT 

Arotech Corp : Arotech to discontinue iron flow storage project as of august 31, 2016; seeks buyer for intellectual property . Says will maintain its iron flow storage intellectual property for sale to a third party .Says iron flow storage program chairman robert s. Ehrlich has agreed to an early termination of his employment agreement.  Full Article

Arotech Q2 adjusted earnings per share $0.01
Monday, 8 Aug 2016 04:05pm EDT 

Arotech Reports Second Quarter And Year : To-Date 2016 results . Q2 revenue $21.8 million . Q2 loss per share $0.03 . Q2 adjusted earnings per share $0.01 . Sees fy 2016 revenue $100 million to $104 million .Sees fy 2016 adjusted earnings per share $0.18 to $0.23.  Full Article

Arotech affirms 2016 outlook
Monday, 9 May 2016 04:27pm EDT 

Arotech Corp : Backlog of orders as of march 31, 2016 totaled about $57.7 million versus $63.4 million for same time last year and $63.0 million from prior quarter . Affirming its 2016 outlook . Qtrly new orders totaling $20.1 million . Arotech reports first quarter results . Q1 adjusted earnings per share $0.03 . Q1 revenue $25.4 million . Sees 2016 adjusted earnings per share $0.18 to $0.23 . Q1 loss per share $0.03 .Sees 2016 revenue $100 million to $112 million.  Full Article

Arotech Corporation's Training and Simulation Division Announces IDIQ Award
Wednesday, 20 Apr 2016 04:15pm EDT 

Arotech Corporation:Says its Training and Simulation Division (ATSD) has received an Indefinite Delivery Indefinite Quantity (IDIQ) award with a potential value of up to $40M for its MILO Range Training Systems' simulator products.The multiple-award contract is for the provision of law enforcement training simulators and related equipment and services to the U.S. Department of State in support of its Bureau of International Narcotics and Law Enforcement Affairs (INL) training mission.  Full Article

Arotech Corporation's power systems division awarded $10.7 million in new contracts and follow-on work orders
Thursday, 29 Oct 2015 08:00am EDT 

Arotech Corporation:Says its Power System Division, which includes UEC Electronics, has been awarded $10.7 million in orders since the Company's last press release in August.Delivery of the products and services associated with these contracts and work orders is anticipated to begin in 2015 and to run through calendar year 2016 and beyond.  Full Article

Arotech announces $8.1 million in air warfare simulation contracts and awards
Wednesday, 16 Sep 2015 07:00am EDT 

Arotech Corporation:Announces up to $8.1 million in new contracts and awards for its Air Warfare Simulation Group.Says these orders include a $4 mln 5-year sole source award for FAAC's air-to-air training range software, as well as significant awards to enhance its Zone Acquisition Process software, which is embedded in every U.S. Air Force fighter aircraft to assist the pilot in weapon employment.  Full Article

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BRIEF-Arotech reports Q4 adjusted earnings of $0.01/shr

* Arotech Corp - backlog of orders as of December 31, 2016 totaled approximately $55.4 million versus $63.0 million for same time last year