Both purchase orders include the delivery of multiple simulators (V-300®, V-ST PRO®, V-300® 4K and dual-screen V-ST® PRO 4K), Threat-Fire® real-world consequence devices, drop-in weapon recoil kits, and other integrated tools designed for enhanced realism needed for effective training. The orders include installation and training courses to facilitate the operation of each simulator and its accessories.
“These follow-on orders in each country substantiate our training efficacy and functionality.
The first order is planned to be delivered in early 2022 and the second order is expected to be delivered in spring 2022. Neither of these orders are related to the recent standing offer awarded to
About
Forward-Looking Statements
The information in this discussion contains forward-looking statements and information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which are subject to the “safe harbor” created by those sections. The words “anticipates,” “believes,” “estimates,” “expects,” “intends,” “may,” “plans,” “projects,” “will,” “should,” “could,” “predicts,” “potential,” “continue,” “would” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. We may not actually achieve the plans, intentions or expectations disclosed in our forward-looking statements and you should not place undue reliance on our forward-looking statements. Actual results or events could differ materially from the plans, intentions and expectations disclosed in the forward-looking statements that we make. The forward-looking statements are applicable only as of the date on which they are made, and we do not assume any obligation to update any forward-looking statements. All forward-looking statements in this document are made based on our current expectations, forecasts, estimates and assumptions, and involve risks, uncertainties and other factors that could cause results or events to differ materially from those expressed in the forward-looking statements. In evaluating these statements, you should specifically consider various factors, uncertainties and risks that could affect our future results or operations. These factors, uncertainties and risks may cause our actual results to differ materially from any forward-looking statement set forth in the reports we file with or furnish to the
Investor Relations Contact:
VTSI@gatewayir.com
949-574-3860
Source:
2022 GlobeNewswire, Inc., source