Arotech Corporation Wall Street Analyst Forum Transcript

  • download
  • Print
  • Recommend
  • 0

2009-06-11 20:59:19.0

Tags: Vehicle, Team Management, Tools & Techniques, Management, Seeking Alpha, Arotech Corp.

Question-and-Answer Session

Robert Ehrlich

Yes, sir.

Unidentified Participant

(Inaudible Question)

Robert Ehrlich

We think that we have a very strong of software engineers in armor. The problem is the customers keep wanting at certain definitions of the products, so they compel us to keep making variations. It’s very hard to make stuff off the shelf. As I say, we did the New York City subway. It’s the most advanced system that exists in terms of simulation. We can all – we have offered at the Chicago, we have offered (inaudible) railway, but then you are in price competition. It’s not that we can sell off the shelf. I mean that we have ready we are by far the best in that field. We would love to sell more of them. The buses we sell lot of them, the same bus package. For driving, it’s always a new vehicle, so you always have to have some tweaking of it, so but we see that the whole business is growing. We grow that business about 15% a year.

Unidentified Participant

(Inaudible Question)

Robert Ehrlich

No you don’t have to redo it.

Unidentified Participant

No.

Robert Ehrlich

No you don’t. We – that’s how we are able to grow it that we can take to know how we have built up on this vehicle and apply it when they come with the Striker which we have never done, then we do it on the striker. Now we are talking about track vehicles, tanks, so you can take the same basic technology and apply it now to Abrahams Tank or whatever else they want. Yes, we can do the same. Yes sir.

Unidentified Participant

Have you considered like another military customers, teams like there is other deals of activity now such as Pakistan is now really going after the Taliban, at least that’s what they have been saying. They seem, their probably be a great market, much bigger than the Israeli market for these armored vehicles.

Robert Ehrlich

The nature of the business has changed somewhat, protecting against bullets. They are now 50 companies that do that.

Unidentified Participant

I am not talking about bullets. I am talking about armors.

Robert Ehrlich

We are now developing IED protected vehicles that you can market it another – we have a unique problem of being Israeli we can’t sell to the Pakistanis.

Unidentified Participant

Why not?

Robert Ehrlich

 

BNET TalkbackShare your ideas and expertise on this topic

Please add your comment:

  1. You are currently: a Guest |
  2.  

Basic HTML tags that work in comments are: bold (<b></b>), italic (<i></i>), underline (<u></u>), and hyperlink (<a href></a)

advertisement
advertisement
  • Click Here
  • Click Here
  • Click Here
advertisement
Click Here