Key Facts

Company Graph

Net Income
at Dec. 31

$-2.8M

Adjusted EPS
at Dec. 31

$0.17

R & D
Investments
at Dec. 31

$4.0M

Total
Employees
at Dec. 31

517

Backlog
at Dec. 31

$55.4M2016

$63.0M2015

Cash & Cash Equivalents
at Dec. 31

$7.4M2016

$10.7M2015

Working Capital
at Dec. 31

$23.9M2016

$24.1M2015

Current Ratio
at Dec. 31

2.02016

1.92015

A Note from our CEO

Thank you for your support of Arotech. In 2016, we continued the transformation of our corporate cost structure, and the commitment we have made to improving shareholder returns. The streamlining efforts we began in 2015 were continued during 2016. We exit 2016 as a much leaner company, and are ready to capitalize on our many promising endeavors. 

We were able to improve our bottom line from continuing operations in 2016, despite a 3.7% downturn in revenues during the year. This was the result of cost cutting and segment margin improvement in our Simulation Division.

We have a great capability set at Arotech, which is owing to our talented and dedicated staff. The promising developments at both our Training and Simulation Division and our Power Systems Division should lead to a bright future for Arotech. I look forward to better top and bottom line results and building a stronger backlog of orders as we realize in 2017 the results of the hard work we put in last year.

Once again, thank you for your support.

Recognition

  • Our weapon simulation technology is built into all US fighter planes.

    • Our weapon simulation technology established and remains the standard for real-time weapons assessment. This capability used on air combat training ranges world-wide has expanded from strictly training to the tactical world through our Zone Acquisition Program (ZAP). ZAP has been integrated into the Operational Flight Program of every US fighter plane to provide pilots a highly accurate understanding of the weapon’s capabilities. ZAP was a revolutionary leap in capability to the US warfighter, replacing low-fidelity coefficient driven algorithms, with accurate high-speed simulations.
  • Recipient of EMS Top Product awards

    • MILO Response received 2014 EMS World New Product Innovation and EMS Today HOT Product awards
  • Contribution to Road Safety – Recognition by APTA

    • MILO Response received 2014 EMS World New Product Innovation and EMS Today HOT Product awards
  • We service 80% of the world aviation market with our WABs

    • Our water activated survivor locator lights are found on all sorts of seafaring craft located around the globe.
  • Recipient of numerous KEY SUPPLIER awards.

    • Our UEC Electronics subsidiary received a prestigious 4-Star Supplier award from Raytheon’s Space and Airborne Systems. This honor is given to only a handful of suppliers who demonstrated exceptional quality and delivery performance on key programs.
    • Lockheed Martin recognized UEC Electronics 2014 performance as outstanding.  UEC Electronics achieved 100% on-time delivery and 100% quality throughout 2014.
  • APSD products twice chosen as one of the U.S. Army's "Ten Greatest Inventions."

    • Since 2003, the Army Materiel Command has conducted the Army's Greatest Inventions program to encourage and reward those fighting wars from research labs by developing the best technology solutions for the soldier. The top picks are chosen by soldiers from active-Army divisions and the U.S. Army Training and Doctrine Command according to three criteria: impact on Army capabilities, potential benefits outside the Army and inventiveness. Our SWIPES™ product was designated in 2010 and our BA-8180/U Zinc-Air Battery in 2003 as one of the best technology solutions for the soldier.
  • APSD power solutions are in use everywhere from undersea to outer space.

    • Epsilor-Electric Fuel has batteries in use in zero tolerance, harsh and extreme environments where product failure is not an option: underwater, at sea, on land, in the air and in space.
    • UEC has designed a vehicle electrical system which can extend the life of aging vehicles:  taking advantage of the newer automotive protocols and delivering dual-redundant, expandable power. 
    • UEC has a 1300Watt /hour battery tested and approved for air shipment worldwide. (UN/DOT Class 9) 
  • Our Power Sources Division has made a difference in the global quest for GREEN energy

    • Epsilor-Electric Fuel has successfully converted the Israel Defense Forces from use of primary batteries to rechargeable batteries.
    • Epsilor-Electric Fuel (Israel) is nationally recognized for its expertise in the development of metal-air batteries, and is a member of an Israeli consortium developing cutting-edge technologies to power electric vehicles.
    • UEC designed and built the only renewable energy power generation program of record for the US Department of Defense (GREENS) which has replaced generators with clean silent power.
  • Economic Growth Recognition

    • ATSD is a 2014 Ann Arbor SPARK FastTrak award recipient for average annual growth of 20% for preceding three years.