VirTra Systems [ OTC Pink: VTSI.PK ], a leading provider of small arms training simulators have signed an agreement with Lockheed Martin’s [NYSE: LMT] Global Training and Logistics business unit, a leading provider of training and logistics support, that launches a collaboration to integrate VirTra’s innovative small arms training simulator products into the global marketplace.
As part of the relationship, VirTra will provide its World-Class small arms simulation products, accessories and services, while retaining all intellectual property related to such, and Lockheed Martin will bring the strength and depth of its years of experience in program management, logistics and global customer support . This alliance will enable VirTra to penetrate adjacent markets and provide innovative training solutions to future customers.
VirTra currently fields a wide variety of training products that permit every type of small arms virtual training such as: Marksmanship, Judgmental-Use-of-Force, Collective Training, Military Operations Urban Terrain (MOUT), Close Quarters Battle (CQB) and Shoot House. VirTra’s hyper-realistic and effective products include immersive audio and video, realistic simulated recoil and the ability to simulate hostile return fire with the Threat-fire™ technology.
“Lockheed Martin is an ideal complement to VirTra and will accelerate the adoption of next generation simulation training technology to deliver the best simulation training possible for the customer,” said Bob Ferris, CEO, VirTra Systems.
“After many months of working together, it is clear that Lockheed Martin’s devotion to the warfighter, exceptional program management, and reputation of working well with smaller businesses positions VirTra for future global opportunities.”