Cost Benefits Analysis

OVERVIEW

This Cost Benefit Analysis is designed to assist decision makers in determining the benefits and projected cost savings of purchasing the StressVest® force on force, tactical firearms training system.

 

CURRENT STATE

Currently, firearms force on force training is dominated by companies that produce non lethal training ammunition and associated protective gear. These systems utilize projectiles that produce a pain penalty through the transfer of kinetic energy from the non lethal round impacting the student’s body. This creates a substantial risk of personal injury and requires mandatory protective equipment. The need to prevent unprotected individuals from entering the training area can cause a need for increased manpower to assist in maintaining a safety template.

 

OVERALL PROJECTED COSTS SAVINGS

Small Agency
<20 Officers
Medium Agency
<500 Officers
Large Agency
> 1,000 Officers
Initial Purchase Initial Purchase Initial Purchase
NLTA SV NLTA SV NLTA SV
Protective Gear $2,400 - $9,000 - $15,000 -
Training Ammo $3,983 - $22,894 - $45,190 -
Training Weapons $2,160 $1,176 $10,020 $4,885 $17,940 $8,974
StressVests - $10,996 - $41,235 - $71,474
Total Initial Purchase $8,543 $12,172 $41,914 $46,120 $78,130 $80,448
Training Ammo Ongoing Purchase Ongoing Purchase Ongoing Purchase
Annual $3,983 $0 $22,894 $0 $45,190 $0
5-Year $19,915 $0 $114,470 $0 $225,950 $0
10-Year $39,830 $0 $228,940 $0 $451,900 $0
Overall 10 Yr.
SAVINGS
$32,218 $201,840 $494,772

Note: Above calculations based on very conservative numbers. Actual costs to run a non lethal training ammunition program may be much higher. To view a detailed Cost Benefit Analysis breakdown of the above numbers click here:

Small Agency
Cost Benefit Analysis
<20 Officers
(PDF File)
Medium Agency
Cost Benefit Analysis
<500 Officers
(PDF File)
Large Agency
Cost Benefit Analysis
>1,000 Officers
(PDF File)