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Schneidku40

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Schneidku40

Re: Ruffieruff post# 37857

Tuesday, 04/12/2016 2:08:20 PM

Tuesday, April 12, 2016 2:08:20 PM

Post# of 53865
We need a PR with concrete numbers. Up to $40m is too ambiguous, especially since it will be split with another company.

Arotech is probably Virtra's biggest direct competitor. I checked their financials and they haven't really had any growth in the simulator section revenue for the past 3 years. Hopefully that's because Virtra has stepped in and is soaking up all the industry growth. Arotech has won quite a few $3-8m contracts over the past several years and Virtra has just started winning some, so they are taking a bit of that big contract business.
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