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Technology Stocks : Firearm Training Systems (FATS)
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To: Emec who wrote (56)11/13/1997 10:42:00 AM
From: stock talk  Read Replies (1) of 115
 
From the 10Q

<The Company continues to make deliveries to and is actively pursuing additional business from all branches of the U.S.
military. One of the most important business opportunities in this regard is the forthcoming U.S. Army contract for the purchase
of Engagement Skills Trainers (EST). On October 28, 1997, the U.S. Army issued a draft Request for Proposal ("RFP") and
Management believes that the final RFP will be issued shortly. The U.S. Army has indicated that it will require a side-by-side
demonstration of competing bidders' products in December, 1997 and that it intends to award the contract in the first calendar
quarter of 1998. If the Company is the successful bidder, it is unlikely that it would obtain and deliver significant orders under
this contract before fiscal 1999, beginning April 1, 1998. >
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