| | Business Summary | | Firearms
Training
Systems
Inc.
is
engaged
in
the
development
and
production
of
interactive
simulation
systems
designed
to
provide
training
for
and
in
the
use
of
small
and
supporting
arms
for
dismounted
and
mounted
military
operations,
and
judgmental
and
use
of
force
for
law
enforcement
and
military
peacekeeping
activities.
Since
its
inception,
the
Company
has
developed
over
200
types
of
simulated
weapons,
manufactured
and
delivered
over
30,000
simulated
weapons,
developed
over
1,000
training
scenarios
and
has
delivered
over
4,000
simulators
to
50
countries.
The
Company
has
broadened
its
array
of
products
to
accommodate
the
current
tactics,
training
and
equipment
available
to
both
law
enforcement
and
military
communities.
Examples
include
the
provision
of
simulators
and
courseware
to
support
indirect
fire,
less
than
lethal
weapon
applications
and
multiple
room
engagements. | | More
from
Market Guide: Expanded
Business Description |
| | Financial Summary | | Firearms
Training
develops,
manufactures,
sells
and
services
small
and
supporting
arms
training
simulated
firearms.
Its
products
include
simulators
for
the
military,
law
enforcement,
sport
shooting
and
hunter
education.
For
the
three
months
ended
6/30/01,
revenues
rose
8%
to
$11
million.
Net
income
applicable
to
Common
totaled
$12
thousand,
vs.
a
loss
of
$3.3
million.
Results
reflect
higher
sales
to
U.S.
Military
customers.
Earnings
also
reflect
debt
restructuring. | | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Lester Pollack, 67
Chairman | -- | John Morelli, 51
CFO
and Treasurer | $129K | C. Glenn Marsh, 61
VP,
Operations | 134K | | Dollar amounts are as of 31-Mar-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors:
Expanded
List, Bios,
Compensation,
Options
|
|
![[one-year price graph]](http://chart.yahoo.com/c/0b/f/fats.ob.gif)