The logotype does look a bit too broken up, and since the letters are so thin, that arrow dominates the whole thing. And, for the sake of critique, it's not a very inspiring arrowcould be because it has stiff competitionone of the greatest logos of all time already makes use of one (FedEx).
Still, I like how technical it looks. And you could stencil it easily on, say, unmanned battle mechs or something. (: