Cost Benefit 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.
| Small Agency <20 Officers |
Medium Agency <1,000 Officers |
Large Agency > 1,000 Officers |
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|---|---|---|---|---|---|---|---|---|
| Initial Purchase | Initial Purchase | Initial Purchase | ||||||
| NLTA | SV | NLTA | SV | NLTA | SV | |||
| Protective Gear | $1,960 | - | $7,350 | - | $12,250 | - | ||
| Training Ammo | $3,450 | - | $19,850 | - | $39,125 | - | ||
| Training Weapons | $2,160 | $1,336 | $10,020 | $5,685 | $17,940 | $10,574 | ||
| StressVests | - | $7,996 | - | $29,985 | - | $51,974 | ||
| Total Initial Purchase | $7,570 | $9,332 | $37,220 | $35,670 | $69,315 | $62,548 | ||
| Training Ammo | Ongoing Purchase | Ongoing Purchase | Ongoing Purchase | |||||
| Annual | $3,450 | $0 | $19,850 | $0 | $39,125 | $0 | ||
| 5-Year | $17,250 | $0 | $99,250 | $0 | $195,625 | $0 | ||
| 10-Year | $34,500 | $0 | $195,500 | $0 | $391,250 | $0 | ||
| Overall 10 Yr. SAVINGS |
$29,238 | $180,200 | $358,892 | |||||
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:
