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The C8 LWAV Was Developed for Concord, Arotech's Joint Venture in India
AUBURN, AL--(Marketwire - July 22, 2009) - Arotech Corporation (NASDAQ: ARTX) announced today that its Armor Division has developed a new armored vehicle, aimed at the defense market in India. Arotech's joint venture in India -- Concord Safety Systems -- is conducted with MKU, India's leading armor materials supplier, and the JN Group, India's leading automotive body-builder.
Concord was invited to participate in a tender for armored vehicles for the Indian Army. Arotech's Armor Division developed the new vehicle, the C8 Light Weight Armored Vehicle Solution (LWAV). The first prototypes were built at Concord's facility in Dehradun, India. The vehicles are currently undergoing testing at the Northern Command unit of the Indian Army. The vehicles are slated to be available to paramilitary and police forces in two months' time.
The C8 was designed using experience gained in the development of the David, MDT's lightweight armored vehicle selected by the Israel Defense Forces (IDF) as its standard armored reconnaissance and patrol vehicle. The Concord C8 is a cost-effective armored vehicle, based on an Indian 4X4 platform, and will be marketed to other Asian markets as well. The light weight and rugged C8 4X4 can be viably operated on all types of terrain, and permits the transport of six soldiers in full combat gear with their loads and a driver. The vehicle is ideally suited for counter-insurgency operations for patrol, logistics, reconnaissance and convoy protection, and search and rescue missions. A special feature of the C8 LWAV is its high power-to-weight ratio, enabling transport of extra combat loads while offering full ballistic protection of the crew compartment, engine and fuel tank, thus increasing safety of the crew inside the vehicle.
"Our partnership in Concord is strategic to MDT," said Robert Ehrlich, Arotech's Chairman and CEO. "We see significant potential for military products in the region, and are now beginning to offer armored vehicles to this market."
About Concord Safety Solution Pvt. Ltd.
Concord is a joint venture between three reputable enterprises that have joined forces to manufacture state of the art armored vehicles in India. MKU Pvt. Ltd. is Asia's largest manufacturer and exporter of armored solutions with over 25 years of experience in the defense industry. MDT Armor Corporation, located in Auburn, Alabama, is a trusted and experienced global leader in the production of lightweight armored vehicles for tactical and military use. JN Group is a leading automotive body builder in India.
Arotech Develops New Armored Vehicle
AUBURN, AL--(Marketwire - July 22, 2009) - Arotech Corporation (NASDAQ: ARTX) announced today that its Armor Division has developed a new armored vehicle, aimed at the defense market in India. Arotech's joint venture in India -- Concord Safety Systems -- is conducted with MKU, India's leading armor materials supplier, and the JN Group, India's leading automotive body-builder.
Concord was invited to participate in a tender for armored vehicles for the Indian Army. Arotech's Armor Division developed the new vehicle, the C8 Light Weight Armored Vehicle Solution (LWAV). The first prototypes were built at Concord's facility in Dehradun, India. The vehicles are currently undergoing testing at the Northern Command unit of the Indian Army. The vehicles are slated to be available to paramilitary and police forces in two months' time.
The C8 was designed using experience gained in the development of the David, MDT's lightweight armored vehicle selected by the Israel Defense Forces (IDF) as its standard armored reconnaissance and patrol vehicle. The Concord C8 is a cost-effective armored vehicle, based on an Indian 4X4 platform, and will be marketed to other Asian markets as well. The light weight and rugged C8 4X4 can be viably operated on all types of terrain, and permits the transport of six soldiers in full combat gear with their loads and a driver. The vehicle is ideally suited for counter-insurgency operations for patrol, logistics, reconnaissance and convoy protection, and search and rescue missions. A special feature of the C8 LWAV is its high power-to-weight ratio, enabling transport of extra combat loads while offering full ballistic protection of the crew compartment, engine and fuel tank, thus increasing safety of the crew inside the vehicle.
"Our partnership in Concord is strategic to MDT," said Robert Ehrlich, Arotech's Chairman and CEO. "We see significant potential for military products in the region, and are now beginning to offer armored vehicles to this market."
About Concord Safety Solution Pvt. Ltd.
Concord is a joint venture between three reputable enterprises that have joined forces to manufacture state of the art armored vehicles in India. MKU Pvt. Ltd. is Asia's largest manufacturer and exporter of armored solutions with over 25 years of experience in the defense industry. MDT Armor Corporation, located in Auburn, Alabama, is a trusted and experienced global leader in the production of lightweight armored vehicles for tactical and military use. JN Group is a leading automotive body builder in India.
Arotech Develops New Armored Vehicle
