Press Release Source: VirTra Systems, Inc.
VirTra Expands into the Middle East Record 3Q Profits Reported
Thursday December 11, 10:00 am ET
TEMPE, Ariz.--(BUSINESS WIRE)--Bob Ferris, VirTra Systems' CEO and president (Pink Sheets:VTSI - News), today announced that it has received an order for two of their industry-leading military training simulators from a country located in the Middle East. While specifics remain classified pending delivery, the total value of the transaction is estimated at over $400,000. The firearm-training simulators will be used for military engagement skills training, marksmanship and immersive combat training.
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The firearm simulation systems include some of VirTra’s innovative products, such as ‘drop-in’ tetherless recoil weapon kits, highly realistic training scenarios and the patent-pending Threat-Fire™ belt, which provides safe and accurate return fire simulation. The IVR-180 4G™ military skills training simulators are scheduled for installation in approximately 4 months.
“This sale is the culmination of years of hard work, both in the simulator design as well as the sales cycle. We are honored to be chosen as firearm simulation supplier for an international government’s military training program; we look forward to a long and rewarding relationship,” said Bob Ferris, president of VirTra.
Ferris added, “This sale only further solidifies VirTra’s continual expansion within the market. VirTra is also pleased to report the most profitable third quarter numbers in the history of the company.”
