CSIMarket
 
Arotech Corp  (ARTX)
 

Arotech's Customers Performance

ARTX



 
ARTX's Source of Revenues During the corresponding time, Arotech Corp saw a revenue deteriorated by -1.14 % year on year, sequentially revenue grew by 1.32 %. While revenue at the Arotech Corp's corporate clients

List of ARTX Customers




for the same period Arotech Corp revnue deteriorated by -1.14 % year on year, sequentially revenue grew by 1.32 %.

List of ARTX Customers

Arotech's Business Units






Arotech's Comment on Sales, Marketing and Customers



We market our Training and Simulation Division products to all branches of the U.S. military, international militaries, federal and local governments, municipal transportation departments, research institutions, private organizations, and public safety groups. Municipalities throughout the U.S. are using our vehicle simulators and use-of-force products, and our penetration in Asia, Europe and the Americas continues through the use of commissioned sales agents and regional distributors.

We have long-term relationships, many of over twenty years’ duration, with the U.S. Air Force, U.S. Navy, U.S. Army, U.S. Marine Corps, Department of Homeland Security, and most major U.S. Department of Defense training and simulation prime contractors and related subcontractors. The quality of our customer relationships is illustrated by the multiple program contract awards we have earned from many of our customers.

We market to a diverse array of customers. We believe we have achieved significant success in this market; however, we are modifying our products to better meet commercial/industrial demands. In addition, we are refocusing marketing efforts internationally on the heels of our GREENS and MHEES programs. Specific efforts include attendance at international trade shows, establishing international sales channels, establishing networks within the U.S. commercial service, and an increase in outbound marketing efforts designed to drive potential customers to our solutions.

Over ninety percent of revenues are attributed to existing customers with new requirements or referrals of new customers from our existing customer base. This customer loyalty is closely tied to our technical solutions, our on-time delivery and quality of product metrics (consistently 98% or greater).

The principal customers for our lithium batteries were the Israel Ministry of Defense, Elbit, Israel Aircraft Industries, Aeronautics, and Thales. The principal customer for our soldier power systems was the U.S. Army.


We market our marine safety products through our own network of distributors in Europe, the United States, Asia and Oceania. We market our lights to the commercial aviation industry through an independent company that receives a commission on sales.