Firearms Training Systems, Inc. Announces Contract Award to Support the Canadian Army.Business Editors SUWANEE, Ga.--(BUSINESS WIRE)--March 26, 2002 Firearms Training Systems, Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). : FATS) announced today that the Public Works public works pl.n. Construction projects, such as highways or dams, financed by public funds and constructed by a government for the benefit or use of the general public. Noun 1. and Government Services of Canada recently awarded the Company a contract valued at approximately $5,800,000. The contract requires delivery of 32 new Small Arms Trainers with the Company's latest digital technology, including High Level Architecture (HLA HLA human leukocyte antigens. HLA abbr. human leukocyte antigen HLA (human leuckocyte antigen) ) capability, more than 550 weapon simulators, and maintenance and training support for these systems. Delivery will begin in July of this year. CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Randy Sugarman remarked that, "We are delighted that the Canadian National Defence Headquarters continues to expand and improve their simulator training programs by acquiring additional FATS simulators." FATS(R) is an ISO (1) See ISO speed. (2) (International Organization for Standardization, Geneva, Switzerland, www.iso.ch) An organization that sets international standards, founded in 1946. The U.S. member body is ANSI. 9000 certified company and a leading worldwide producer of interactive simulation systems designed to provide training in the handling and use of small and supporting arms for law enforcement, military and commercial applications. |
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