Ownership Submission
FORM 5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Form 3 Holdings Reported
Form 4 Transactions Reported
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person *
EASTMAN JAY M
 2. Issuer Name and Ticker or Trading Symbol
AROTECH CORP [ARTX] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last)
(First)
(Middle)

C/O AROTECH CORPORATION, 250 WEST 57TH STREET		 3. Statement for Issuer's Fiscal Year Ended (Month/Day/Year)
12/31/2004
(Street)


NEW YORK, NY 10107		 4. If Amendment, Date Original Filed(Month/Day/Year)
 6. Individual or Joint/Group Reporting
(check applicable line)

_X_ Form Filed by One Reporting Person
___ Form Filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)		 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)		 4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)		 5. Amount of Securities Beneficially Owned at end of Issuer's Fiscal Year
(Instr. 3 and 4)		 6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)		 7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Amount (A) or (D) Price

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. SEC 2270 (9-02)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)		 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)		 5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)		 6. Date Exercisable and Expiration Date
(Month/Day/Year)		 7. Title and Amount of Underlying Securities
(Instr. 3 and 4)		 8. Price of Derivative Security
(Instr. 5)		 9. Number of Derivative Securities Beneficially Owned at End of Issuer's Fiscal Year
(Instr. 4)		 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)		 11. Nature of Indirect Beneficial Ownership
(Instr. 4)
(A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock option (right to buy) $ 7.9375 09/28/1995   I 5,000   09/28/1996 09/28/2005 Common Stock
5,000
$ 0 5,000
D
 
Stock option (right to buy) $ 7.9375 09/28/1995   I 5,000   09/28/1997 09/28/2005 Common Stock
5,000
$ 0 5,000
D
 
Stock option (right to buy) $ 7.9375 09/28/1995   I 5,000   09/28/1998 09/28/2005 Common Stock
5,000
$ 0 5,000
D
 
Stock option (right to buy) $ 5.875 09/30/1996   I 1,667   09/30/1997 09/30/2006 Common Stock
1,667
$ 0 1,667
D
 
Stock option (right to buy) $ 5.875 09/30/1996   I 1,667   09/30/1998 09/30/2006 Common Stock
1,667
$ 0 1,667
D
 
Stock option (right to buy) $ 5.875 09/30/1996   I 1,666   09/30/1999 09/30/2006 Common Stock
1,666
$ 0 1,666
D
 
Stock option (right to buy) $ 9.0625 09/30/1997   I 1,667   09/30/1998 09/30/2007 Common Stock
1,667
$ 0 1,667
D
 
Stock option (right to buy) $ 9.0625 09/30/1997   I 1,667   09/30/1999 09/30/2007 Common Stock
1,667
$ 0 1,667
D
 
Stock option (right to buy) $ 9.0625 09/30/1997   I 1,666   09/30/2000 09/30/2007 Common Stock
1,666
$ 0 1,666
D
 
Stock option (right to buy) $ 2.5 09/30/1998   I 1,667   09/30/1999 09/30/2008 Common Stock
1,667
$ 0 1,667
D
 
Stock option (right to buy) $ 2.5 09/30/1998   I 1,667   09/30/2000 09/30/2008 Common Stock
1,667
$ 0 1,667
D
 
Stock option (right to buy) $ 2.5 09/30/1998   I 1,666   09/30/2001 09/30/2008 Common Stock
1,666
$ 0 1,666
D
 
Stock option (right to buy) $ 1.3125 09/30/1999   I 1,667   09/30/2000 09/30/2009 Common Stock
1,667
$ 0 1,667
D
 
Stock option (right to buy) $ 1.3125 09/30/1999   I 1,667   09/30/2001 09/30/2009 Common Stock
1,667
$ 0 1,667
D
 
Stock option (right to buy) $ 1.3125 09/30/1999   I 1,666   09/30/2002 09/30/2009 Common Stock
1,666
$ 0 1,666
D
 
Stock option (right to buy) $ 4.6875 12/29/2000   I 13,334   12/29/2001 12/29/2010 Common Stock
13,334
$ 0 13,334
D
 
Stock option (right to buy) $ 4.6875 12/29/2000   I 13,333   12/29/2002 12/29/2010 Common Stock
13,333
$ 0 13,333
D
 
Stock option (right to buy) $ 4.6875 12/29/2000   I 13,333   12/29/2003 12/29/2010 Common Stock
13,333
$ 0 13,333
D
 
Stock option (right to buy) $ 1.3 12/29/2001   I 3,334   12/29/2002 12/29/2011 Common Stock
3,334
$ 0 3,334
D
 
Stock option (right to buy) $ 1.3 12/29/2001   I 3,333   12/29/2003 12/29/2011 Common Stock
3,333
$ 0 3,333
D
 
Stock option (right to buy) $ 1.3 12/29/2001   I 3,333   12/29/2004 12/29/2011 Common Stock
3,333
$ 0 3,333
D
 
Stock option (right to buy) $ 0.61 12/31/2002   I 3,334   12/31/2003 12/31/2012 Common Stock
3,334
$ 0 3,334
D
 
Stock option (right to buy) $ 0.61 12/31/2002   I 3,333   12/31/2004 12/31/2012 Common Stock
3,333
$ 0 3,333
D
 
Stock option (right to buy) $ 0.61 12/31/2002   I 3,333   12/31/2005 12/31/2012 Common Stock
3,333
$ 0 3,333
D
 
Stock option (right to buy) $ 1.82 12/30/2003   I 3,334   12/30/2004 12/30/2013 Common Stock
3,334
$ 0 3,334
D
 
Stock option (right to buy) $ 1.82 12/30/2003   I 3,333   12/30/2005 12/30/2013 Common Stock
3,333
$ 0 3,333
D
 
Stock option (right to buy) $ 1.82 12/30/2003   I 3,333   12/30/2006 12/30/2013 Common Stock
3,333
$ 0 3,333
D
 
Stock option (right to buy) $ 2.4 06/14/2004   I4 11,667   06/14/2005 06/14/2010 Common Stock
11,667
$ 0 11,667
D
 
Stock option (right to buy) $ 2.4 06/14/2004   I4 11,667   06/14/2006 06/14/2010 Common Stock
11,667
$ 0 11,667
D
 
Stock option (right to buy) $ 2.4 06/14/2004   I4 11,666   06/14/2007 06/14/2010 Common Stock
11,666
$ 0 11,666
D
 

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
EASTMAN JAY M
C/O AROTECH CORPORATION
250 WEST 57TH STREET
NEW YORK, NY 10107		   X      

Signatures

/s/ Jay Eastman 02/14/2005
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space provided is insufficient, see Instruction 6 for procedure.

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