VTSI: Progression of relationship with Lockheed Martin.....potential for major contract news on that one
Lockheed Martin has submitted a purchase order to VirTra for an evaluation unit of its proprietary Threat-Fire™ belt system. “VirTra is honored to have its technology evaluated by Lockheed Martin for possible inclusion in future Lockheed defense products,” said Bob Ferris, CEO of VirTra Systems.
Lockheed Martin has submitted a second purchase order for a customized version of the Threat-Fire(TM) wireless communication station. This particular station plugs into a USB computer port and permits two-way wireless communication with the Threat-Fire(TM) belt. "I'm energized by Lockheed's second order and the opportunity to perform custom engineering work to fit some of their unique requirements. I feel this is another indication that Lockheed is impressed with VirTra's simulation products and I am confident that we will receive additional orders," said Bob Ferris, CEO and President of VirTra Systems.
VirTra has received another order from Lockheed Martin Simulation Training and Support business for VirTra's proprietary tetherless M-4 recoil kit, which is specially engineered to work with an authentic M-4 rifle. The order also includes VirTra's automatic refill station that uses low-cost CO2 and is the most operator friendly refill system on the market. Also included in the order is a recharge station, which rapidly recharges each magazine's internal battery. "We are honored that Lockheed Martin has expanded their interest in VirTra and ordered our advanced M-4 recoil kit and accessories.
VirTra has received another order from Lockheed Martin Simulation Training and Support business for VirTra's newest and smallest Threat-Fire device, the Threat-Fire II(TM). The Threat-Fire II(TM) is a clip-on return fire simulator, similar in function to the Threat-Fire(TM) belt; however, the Threat-Fire II(TM) is designed to clip-onto an officer or soldier's duty belt. The Threat-Fire II(TM) is not only small and lightweight to be unobtrusive, but it is also rechargeable and compatible with VirTra's wireless system....Our Threat-Fire(TM) line of return fire are highly effective simulation training aids and it is an honor that an industry pioneer like Lockheed Martin Simulation Training and Support continues to order VirTra's unique training devices," said Bob Ferris, CEO and President of VirTra Systems.
Tue Sept 1 • VirTra Receives Fourth Order from Lockheed Martin Simulation Training and Support Business Thu, Aug 27, 2009 • VirTra Receives Third Order from Lockheed Martin Simulation, Training & Support Tue, Aug 25, 2009 • VirTra Receives Second Order from Lockheed Martin Mon, Aug 17, 2009 • VirTra Posts 5th Consecutive Record-Breaking Quarter Wed, Jul 1, 2009 • VIRTRA PURCHASES 5 MILLION SHARES OF ITS COMMON STOCK Mon, Jun 29, 2009 • VirTra Announces Custom Simulator Sale to Bellevue Police Thu, Jun 11, 2009 • VirTra Announces First Order from Lockheed Martin Wed, May 27, 2009 • VirTra Posts 80% Growth and Profits in 1st Quarter 2009 Report
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