more positive news,,Revenue growth among the major contractors has been anemic, averaging less than 2%, year over year. ARTX annual growth of nearly 29% is impressive.
ARTX has been improving margins as well. This is a function of focusing on the training and simulation side of the business which is the more profitable. During the latest 12 months, training and simulation accounted for 74% of revenues. ARTX had also made the strategic decision several years ago to sell its armored vehicle division to allow greater focus on the training and simulation and specialty battery sides of the business. The results below demonstrate the merit of that business decision.
The June quarter showed substantial improvements in all operating metrics, swinging the company to a profit from a loss in the corresponding quarter a year earlier.
Market Data 
Markets 
AI
