{"success":true,"data":{"pressRelease":{"id":"161296","rtpr_id":"nGNXbwcMn-20261006","ticker":"VTSI","exchange":"NASDAQ","all_tickers":["VTSI"],"title":"VirTra Wins Five-Year CBP Contract With Up to $14 Million in Potential Value","author":"Globe Newswire","published_at":"2026-10-06T08:00:00.102Z","article_body":"ORLANDO, Fla., Oct. 06, 2026 (GLOBE NEWSWIRE) -- VirTra, Inc.\n(https://www.globenewswire.com/Tracker?data=ghhNNnN5QtAflGbKOo6cM8dx0cqaSOxMeP0nnkTh18od1YEHmRZLVMr01JrNVLP9iPn3dLDYaydUfFmAe_GBog==)\n(Nasdaq: VTSI) (“VirTra” or the “Company”), a global leader in\nimmersive, simulation-based training solutions for de-escalation, judgmental\nuse of force and weapons proficiency, today announced that U.S. Customs and\nBorder Protection (CBP) has awarded the Company a sole-source contract to\nmaintain, modernize and support VirTra training systems deployed throughout\nthe agency.\n\nThe single-award Indefinite Delivery/Indefinite Quantity (IDIQ) contract\ncarries a five-year ordering period and a maximum potential value of $14\nmillion and represents an important opportunity for VirTra to build on its\nestablished federal customer base through modernization, technical support and\nlong-term service. The contract ceiling reflects potential value and does not\nguarantee orders or revenue.\n\n“This is an exciting milestone for VirTra and a meaningful opportunity to\nbuild on our longstanding relationship with CBP,” said John Givens, CEO of\nVirTra. “It demonstrates how the value of our customer relationships can\nextend well beyond the initial system deployment. As training requirements and\ntechnology evolve, we can help customers modernize their systems, preserve\ntheir investment in custom content and continue benefiting from VirTra’s\ntechnology and support.”\n\nThrough the program, VirTra will assess existing CBP simulators and upgrade\nthem to current supported configurations, beginning in the first quarter of\n2027. The scope includes hardware modernization, projection system upgrades,\nsoftware updates, accessory refreshes, preventative maintenance, annual\nservice visits and remote technical support.\n\nThe modernization work will preserve compatibility with CBP’s existing\ntraining content while providing access to VirTra’s current supported\noperating environment. This approach allows the agency to advance its training\ncapabilities while retaining the value of its established simulation\ninfrastructure and custom-developed scenarios.\n\nThe contract was awarded on a sole-source basis, reflecting VirTra’s ability\nto sustain and modernize its installed systems while maintaining compatibility\nwith CBP’s existing training environment.\n\n“Supporting the officers and agents who carry out CBP’s mission is a\nresponsibility we take seriously,” Givens added. “We are proud to help\nkeep their training systems current, reliable and ready for use across an\nextensive geographic footprint. This program brings together the technology,\nservice and customer commitment that are central to VirTra’s business.”\n\nThe program will support CBP training operations across the continental United\nStates, Alaska, Hawaii, Puerto Rico, Guam and other U.S. territories.\n\nFor VirTra, the award highlights the long-term business opportunity within its\ninstalled base. By supporting customers from initial deployment through\nmodernization and ongoing sustainment, the Company can extend customer\nrelationships and pursue additional business as agencies invest in the\ncontinued readiness of their training systems.\n\nAbout VirTra  \nVirTra is a global leader in immersive, simulation-based training solutions\nfor de-escalation, judgmental use of force and weapons proficiency. Serving\nmilitary, law enforcement, military, educational, and commercial\norganizations, VirTra combines advanced technology, realistic scenarios and\nproprietary training tools to help users improve decision-making, strengthen\nreadiness and perform more effectively under pressure. Since 1993, VirTra has\nbeen committed to its mission of saving lives by preparing professionals for\nthe complex, high-stakes situations they may face in the real world.\n\nForward-Looking Statements\nThis press release contains forward-looking statements within the meaning of\nSection 27A of the Securities Act of 1933, as amended, and Section 21E of the\nSecurities Exchange Act of 1934, as amended, which are subject to the “safe\nharbor” provisions of those sections. Forward-looking statements are\ngenerally identified by words such as “anticipates,” “believes,”\n“expects,” “intends,” “may,” “plans,” “projects,”\n“will,” “should,” “could,” “predicts,” “potential,”\n“continue,” “would,” and similar expressions, although not all\nforward-looking statements contain these identifying words. Forward-looking\nstatements in this release include, but are not limited to, statements\nregarding the Company’s ability to support customer engagement, program\nactivity, partner collaboration, future operational needs, domestic\nmanufacturing capabilities, national readiness, and the continued advancement\nand adoption of its simulation training solutions across military and law\nenforcement markets. Actual results may differ materially from those expressed\nor implied by these forward-looking statements due to various risks and\nuncertainties, including those described in the Company’s filings with the\nSecurities and Exchange Commission (“SEC”). These forward-looking\nstatements speak only as of the date of this release. VirTra undertakes no\nobligation to update or revise any forward-looking statements to reflect\nevents or circumstances after the date of this release, except as required by\nlaw.\n\nInvestor Relations Contact: \nGateway Group, Inc. \nVTSI@gateway-grp.com\n949-574-3860 \n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/d1d3ffee-e671-4453-bc04-12df4c012ad0)\n\n\n\nGlobeNewswire, Inc. 2026","article_body_html":"","raw_payload":{"data":{"id":"nGNXbwcMn-20261006","title":"VirTra Wins Five-Year CBP Contract With Up to $14 Million in Potential Value","author":"Globe Newswire","ticker":"VTSI","created":"2026-10-06T08:00:00.102Z","tickers":["VTSI"],"exchange":"NASDAQ","article_body":"ORLANDO, Fla., Oct. 06, 2026 (GLOBE NEWSWIRE) -- VirTra, Inc.\n(https://www.globenewswire.com/Tracker?data=ghhNNnN5QtAflGbKOo6cM8dx0cqaSOxMeP0nnkTh18od1YEHmRZLVMr01JrNVLP9iPn3dLDYaydUfFmAe_GBog==)\n(Nasdaq: VTSI) (“VirTra” or the “Company”), a global leader in\nimmersive, simulation-based training solutions for de-escalation, judgmental\nuse of force and weapons proficiency, today announced that U.S. Customs and\nBorder Protection (CBP) has awarded the Company a sole-source contract to\nmaintain, modernize and support VirTra training systems deployed throughout\nthe agency.\n\nThe single-award Indefinite Delivery/Indefinite Quantity (IDIQ) contract\ncarries a five-year ordering period and a maximum potential value of $14\nmillion and represents an important opportunity for VirTra to build on its\nestablished federal customer base through modernization, technical support and\nlong-term service. The contract ceiling reflects potential value and does not\nguarantee orders or revenue.\n\n“This is an exciting milestone for VirTra and a meaningful opportunity to\nbuild on our longstanding relationship with CBP,” said John Givens, CEO of\nVirTra. “It demonstrates how the value of our customer relationships can\nextend well beyond the initial system deployment. As training requirements and\ntechnology evolve, we can help customers modernize their systems, preserve\ntheir investment in custom content and continue benefiting from VirTra’s\ntechnology and support.”\n\nThrough the program, VirTra will assess existing CBP simulators and upgrade\nthem to current supported configurations, beginning in the first quarter of\n2027. The scope includes hardware modernization, projection system upgrades,\nsoftware updates, accessory refreshes, preventative maintenance, annual\nservice visits and remote technical support.\n\nThe modernization work will preserve compatibility with CBP’s existing\ntraining content while providing access to VirTra’s current supported\noperating environment. This approach allows the agency to advance its training\ncapabilities while retaining the value of its established simulation\ninfrastructure and custom-developed scenarios.\n\nThe contract was awarded on a sole-source basis, reflecting VirTra’s ability\nto sustain and modernize its installed systems while maintaining compatibility\nwith CBP’s existing training environment.\n\n“Supporting the officers and agents who carry out CBP’s mission is a\nresponsibility we take seriously,” Givens added. “We are proud to help\nkeep their training systems current, reliable and ready for use across an\nextensive geographic footprint. This program brings together the technology,\nservice and customer commitment that are central to VirTra’s business.”\n\nThe program will support CBP training operations across the continental United\nStates, Alaska, Hawaii, Puerto Rico, Guam and other U.S. territories.\n\nFor VirTra, the award highlights the long-term business opportunity within its\ninstalled base. By supporting customers from initial deployment through\nmodernization and ongoing sustainment, the Company can extend customer\nrelationships and pursue additional business as agencies invest in the\ncontinued readiness of their training systems.\n\nAbout VirTra  \nVirTra is a global leader in immersive, simulation-based training solutions\nfor de-escalation, judgmental use of force and weapons proficiency. Serving\nmilitary, law enforcement, military, educational, and commercial\norganizations, VirTra combines advanced technology, realistic scenarios and\nproprietary training tools to help users improve decision-making, strengthen\nreadiness and perform more effectively under pressure. Since 1993, VirTra has\nbeen committed to its mission of saving lives by preparing professionals for\nthe complex, high-stakes situations they may face in the real world.\n\nForward-Looking Statements\nThis press release contains forward-looking statements within the meaning of\nSection 27A of the Securities Act of 1933, as amended, and Section 21E of the\nSecurities Exchange Act of 1934, as amended, which are subject to the “safe\nharbor” provisions of those sections. Forward-looking statements are\ngenerally identified by words such as “anticipates,” “believes,”\n“expects,” “intends,” “may,” “plans,” “projects,”\n“will,” “should,” “could,” “predicts,” “potential,”\n“continue,” “would,” and similar expressions, although not all\nforward-looking statements contain these identifying words. Forward-looking\nstatements in this release include, but are not limited to, statements\nregarding the Company’s ability to support customer engagement, program\nactivity, partner collaboration, future operational needs, domestic\nmanufacturing capabilities, national readiness, and the continued advancement\nand adoption of its simulation training solutions across military and law\nenforcement markets. Actual results may differ materially from those expressed\nor implied by these forward-looking statements due to various risks and\nuncertainties, including those described in the Company’s filings with the\nSecurities and Exchange Commission (“SEC”). These forward-looking\nstatements speak only as of the date of this release. VirTra undertakes no\nobligation to update or revise any forward-looking statements to reflect\nevents or circumstances after the date of this release, except as required by\nlaw.\n\nInvestor Relations Contact: \nGateway Group, Inc. \nVTSI@gateway-grp.com\n949-574-3860 \n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/d1d3ffee-e671-4453-bc04-12df4c012ad0)\n\n\n\nGlobeNewswire, Inc. 2026"},"type":"article","timestamp":"2026-10-06T08:00:00.157673145Z","server_sent_at_ms":1791273600157},"received_at":"2026-10-06T08:00:00.210Z","source_url":null},"analysis":{"id":"149833","press_release_id":"161296","analysis_json":{"industry":{"label":"Aerospace & Defense","sector":"Industrials"},"redFlags":["IDIQ ceiling reflects potential value only; no guaranteed orders or revenue"],"eventType":"operations_update","narrative":"VirTra won a sole-source five-year IDIQ contract from U.S. Customs and Border Protection to maintain, modernize and support training simulators deployed across the agency.\n\nThe contract carries a maximum potential value of $14 million, though the ceiling does not guarantee orders or revenue. Work begins in Q1 2027 and spans hardware modernization, projection upgrades, software updates, maintenance and remote support.\n\nThe award reinforces the company's strategy of monetizing its installed federal base through sustainment and modernization services across the continental U.S., Alaska, Hawaii, Puerto Rico, Guam and other territories.","sentiment":"bullish","agentHooks":{"shouldPost":false,"suggestedAngle":"Sole-source CBP modernization win deepens VirTra's federal installed-base moat, but IDIQ ceiling is potential, not booked revenue."},"keyFigures":{"customDimensions":{"contract_term":"five years","contract_type":"sole-source IDIQ","contract_ceiling_usd":14000000}},"quotedText":"This is an exciting milestone for VirTra and a meaningful opportunity to build on our longstanding relationship with CBP","namedEntities":{"people":[{"name":"John Givens","role":"CEO"}],"products":["VirTra training simulators"],"companies":[{"name":"VirTra, Inc.","ticker":"VTSI","relationship":"filer/contractor"},{"name":"U.S. Customs and Border Protection (CBP)","relationship":"customer"},{"name":"Gateway Group, Inc.","relationship":"investor relations"}],"dollarAmounts":[{"amount":"$14 million","context":"maximum potential value of five-year CBP IDIQ contract"}]},"materialImpact":{"score":2,"reasoning":"A sole-source five-year IDIQ contract with up to $14 million in potential value is a meaningful win for a small-cap, but the ceiling is potential value only and does not guarantee orders or revenue."},"tickerRelevance":{"others":[],"primary":"VTSI"},"globalImportance":25,"audienceRelevance":20,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"small-cap","eventGravity":"contract-award-idiq-ceiling","soleSourceBonus":true,"revenueCertainty":"none-guaranteed"}},"event_type":"operations_update","event_type_secondary":null,"sentiment":"bullish","material_impact_score":2,"narrative":"VirTra won a sole-source five-year IDIQ contract from U.S. Customs and Border Protection to maintain, modernize and support training simulators deployed across the agency.\n\nThe contract carries a maximum potential value of $14 million, though the ceiling does not guarantee orders or revenue. Work begins in Q1 2027 and spans hardware modernization, projection upgrades, software updates, maintenance and remote support.\n\nThe award reinforces the company's strategy of monetizing its installed federal base through sustainment and modernization services across the continental U.S., Alaska, Hawaii, Puerto Rico, Guam and other territories.","key_figures":{"customDimensions":{"contract_term":"five years","contract_type":"sole-source IDIQ","contract_ceiling_usd":14000000}},"named_entities":{"people":[{"name":"John Givens","role":"CEO"}],"products":["VirTra training simulators"],"companies":[{"name":"VirTra, Inc.","ticker":"VTSI","relationship":"filer/contractor"},{"name":"U.S. Customs and Border Protection (CBP)","relationship":"customer"},{"name":"Gateway Group, Inc.","relationship":"investor relations"}],"dollarAmounts":[{"amount":"$14 million","context":"maximum potential value of five-year CBP IDIQ contract"}]},"model_name":"glm-5.3-flashx","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-10-06T08:00:05.348Z","global_importance":25,"audience_relevance":20,"importance_components":{"tickerTier":"small-cap","eventGravity":"contract-award-idiq-ceiling","soleSourceBonus":true,"revenueCertainty":"none-guaranteed"}},"durationMs":5100,"modelName":"glm-5.3-flashx"}}