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Technology Stocks : Firearm Training Systems (FATS)

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To: BRIAN who wrote (6)6/9/1997 3:47:00 AM
From: BRIAN   of 115
 
Tuesday June 3 1:27 PM EDT

Firearms Training gets FBI, NYPD contracts

SUWANEE, Ga., June 3 (Reuter) - Firearms Training Systems Inc said
Tuesday it has won contracts to supply the Federal Bureau of
Investigation and the New York Police Department with interactive
firearms training simulation systems.

A company spokeswoman would not disclose the total value of the
contracts but said they are worth ``a few hundred thousand dollars.''

Both the FBI and the New York police use Firearms training systems
already, the company said.

The FBI has ordered 10 additional systems, it said. The New York police
ordered four new systems and an upgrade of an existing system.
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I would guess that these two contracts are worth about $1 million since
the machines go for about $65,000 a pop.

Brian
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