Arotech updates 2014 revenue and EBITDA estimates

|About: Arotech Corporation (ARTX)|By:, SA News Editor

Arotech's (ARTX) training and simulation division, FAAC Inc., has been awarded a $36M contract from the U.S. Army for its virtual clearance training suite program.

As a result, the company has updated its 2014 revenue and EBITDA estimates. Full-year revenue is now expected to range between $105-111M, and EBITDA is expected to be between $7.8-8.3M.

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