Arotech’s FAAC Incorporated Receives Award for Modernization of the U.S. Marine Corps’ Combat Convoy Simulators Valued at...
12 June 2018 - 11:15PM
FAAC Incorporated, a subsidiary of Arotech Corporation’s
(NasdaqGM:ARTX) Training and Simulation Division, announced that it
has received a competitive award to modernize the U.S. Marine
Corps’ Combat Convoy Simulators (CCS). The contract from Marine
Corps Systems Command Program Manager Training Systems is valued at
up to $28.9M with a maximum contract duration of 57 months. The
initial award funding is $17.7M with up to an additional $11.2M in
contract options.
The Combat Convoy Simulators provide an
immersive training environment for convoy operations. CCS provides
training for vehicle crew in both vehicle and small arms weapon
utilization. The system is also utilized to train command and
control procedures and crew response to improvised explosive device
attacks, ambush attacks, evolving enemy tactics, and
countermeasures. Under the base award contract, FAAC will modernize
the hardware and software of the seven in-service USMC CCSs located
at five sites. Contract options include the installation efforts,
Contractor Logistical Support, upgrades for two U.S. Navy CCS
systems, and travel and other direct costs.
“FAAC is very pleased to have been selected by
the Marine Corp Systems Command to refurbish CCS and play a role in
ensuring Marines have a state-of-the-art training system to prepare
for their combat missions,” said Kurt Flosky, FAAC’s President.
“Our solution leverages Department of Defense investments in other
programs plus our own corporate capabilities in the area of
vehicle/crew-coordination simulators and use-of-force training
systems to provide the Marines with an open, modular product that
is easy to maintain and upgrade in the future.”
About Arotech’s Training and Simulation
DivisionArotech’s Training and Simulation Division (ATSD)
provides world-class simulation based 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 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. The division also provides consulting and
developmental support for engineering and research simulation
solutions.
Arotech’s Training and Simulation Division
consists of FAAC Incorporated (www.faac.com), MILO Range Training
Systems (www.milorange.com), and Realtime Technologies
(www.simcreator.com).
About Arotech
CorporationArotech Corporation is a defense and security
company engaged in two business areas: interactive simulation and
mobile power systems.
Arotech is incorporated in Delaware, with
corporate offices in Ann Arbor, Michigan, and research, development
and production subsidiaries in Michigan, South Carolina, and
Israel. For more information on Arotech, please visit Arotech’s
website at www.arotech.com.
Investor Relations Contact:
Scott SchmidtScott.Schmidt@arotechusa.com800-281-0356
Except for the historical information herein,
the matters discussed in this news release include forward-looking
statements, as defined in the Private Securities Litigation Reform
Act of 1995. Forward-looking statements reflect management’s
current knowledge, assumptions, judgment and expectations regarding
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resulting from automatic sequestration under the Budget Control Act
of 2011); and other risk factors detailed in Arotech’s most recent
Annual Report on Form 10-K for the fiscal year ended December 31,
2017 and other filings with the Securities and Exchange Commission.
Arotech assumes no obligation to update the information in this
release. Reference to the Company’s website above does not
constitute incorporation of any of the information thereon into
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