One thing I do think is interesting are the two new international trade shows they're doing this year. Going more international is going to be a huge boost.
Agree. The relationship with IGG is a big deal and Virtra has been nurturing this relationship for a while now. I personally believe it is a large source of the increased revenue that we have been seeing. IGG could have aligned with Cubic or Meggitt, but they chose Virtra.
We never heard who the customer was that placed the 2+ million order back in 2013 that would take 18 months to develop Which included new Hardware & software enhancements that were requested by the customer. When finalized 15 representatives were involved in testing and accepting the new features.
You Also have that weird PR "Watching the watchmen" I think they PR"d it was because of a chart showing non-public info. Virtra's top 5 customers and the 5th stated "Police forces throughout the middle east." http://www2.marketwire.com/mw/frame_mw?attachid=2714619 I don't recall that ever being announced and You have IGG who procures large contracts throughout the middle east.
The list of companies that are being represented (including Virtra) in IGG's stand are large and reputable. See list
Airbus Arsenal ATK Sporting group Avon BAE systems Bren-tronics Denel Land systems Dillon Aero DRS Technologies Dycor Technologies FN Herstel General Atomic aeronotical systems General Dynamics - OTS Incomar Group Inovation in Security Intermat Group Kirintec Kuichak Marine Industries L3/Wescam Lockheed Martin Marathon Targets MED-ENG Protesca Security S.L. QinetiQ - North America Raytheon BBN Technologies Rhenmetall Denel Munitions Ripple Effect Thales Thales(south africa) Theon Sensors Virtra Systems
This is why I made my statement last week that we see some sort of announcement during IDEX. We shall see :)
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