Benzinga | Aug 31, 2021 08:04AM EDT

VirTra Awarded $24.5M DHS IDIQ Contract For US Customs And Border Protection With $1.4M Initial Order

VirTra, Inc. (NASDAQ: VTSI), a global provider of training simulators for the law enforcement, military, educational, and commercial markets, has received a new contract award under the five-year, single awardee indefinite delivery/indefinite quantity (IDIQ) contract from the U.S. Department of Homeland Security for U.S. Customs and Border Protection (CBP). The contract award has an initial purchase value of approximately $1.4 million and a purchase ceiling of $24.5 million as the maximum amount for supplies and/or services that may be ordered over the life of the contract.