Training and Simulation

Virtuix Holdings signed a non-binding letter of intent to acquire STS International for $12 million in base consideration, with potential earnouts and additional equity. If completed, the deal could expand Virtuix’s access to federal contract vehicles, facility clearance, and defense training opportunities, but remains subject to due diligence, consents, definitive agreements, and other closing conditions.

Denmark’s Defence Acquisition and Logistics Organisation placed a SEK 350 million order with Saab for CV90 live-training equipment, including the Instrumented Laser Duel System. Deliveries are scheduled for 2026–2028 and will add drone, non-line-of-sight, and long-range precision scenarios, creating potential follow-on needs in training integration and support.

NATO awarded Calian Group Ltd. a five-year contract worth approximately CAD$47 million to continue developing training scenarios for the NATO Joint Warfare Centre in Stavanger, Norway. The award sustains an incumbent role in NATO collective training and signals continued demand for exercise design and operational training expertise, but no open solicitation or future procurement timeline was identified.

A Defense News roundup shows military interest in training, amphibious readiness, unmanned systems, and missile tracking. The F-35 TR-3 delay and delivery halt create schedule risk for suppliers, though no active solicitations are listed, signaling demand areas for contractors.