| Business Summary | | B.V.R.
Systems
Ltd.
(BVR)
is
engaged
in
the
development,
manufacture
and
marketing
of
sophisticated
training
and
computer-based
simulation
systems
for
military
applications.
The
Company's
products
offer
solutions
to
the
training
and
debriefing
needs
of
modern
militaries,
which
enable
them
to
reduce
the
amount
of
training
using
actual
military
equipment
while
enhancing
the
quality
of
training
exercises
and
significantly
reducing
the
risks
associated
with
actual
aircraft
flight
and
training
with
live
ammunition.
In
addition,
the
Company's
products
improve
the
operational
capabilities
of
armed
forces
through
enhanced
command
and
control
in
the
battlefield
and
integration
between
fighting
units.
BVR
currently
markets
three
lines
of
products:
the
Ehud
Family
of
Products
(Embedded
Training
Systems),
Simulators
and
ATAS
(Advanced
Trainer
Avionics
Suite). | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | B.V.R.
Systems
Ltd.
engages
in
advanced
training
and
simulation
systems.
The
Company
offers
efficient,
cost-effective
solutions
to
meet
the
training,
debriefing
and
command
and
control
needs
of
modern
sea,
air
and
ground
forces.
For
the
six
months
ended
6/30/01,
revenues
rose
68%
to
$22
million.
Net
loss
fell
87%
to
$1.1
million.
Revenues
reflect
the
winning
of
several
simulation
projects.
Lower
loss
also
reflects
a
positive
gross
margin
and
reduced
R
and
D
expense. | More
from
Market Guide: Significant
Developments |
| Officers | |
| Position | Avner Raz, 55 | Chairman | Yoel Katzir | Pres,
CEO | Aviv Tzidon, 43 | Vice
Chairman | Reuven Shahar, 41 | CFO,
VP-Fin. | Avraham Zamir, 56 | Sr.
VP - Marketing |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|