Tactical Tailor

Mission Ready Provides Corporate Update

Protect the Force Manufacturing Division to Ramp Up Operations
VANCOUVER, BRITISH COLUMBIA, CANADA – JULY 21, 2022 – Mission Ready Solutions Inc (“Mission Ready” or the “Company“) (TSX-V: MRS) (OTCQX: MSNVF) (FSE: 2R4), a provider of comprehensive government contracting solutions, today provides a corporate update on its operations.

In addition to the Company’s current pipeline of open market orders, foreign military sales (“FMS”), and orders on previously awarded contracting vehicles (including GSA Schedules and Blanket Purchase Agreements (“BPAs”)), Mission Ready – through its wholly-owned subsidiary, Unifire, Inc. (“Unifire”) – continues to build a respectable portfolio of active sales opportunities with, at present, over 60 open solicitations at various stages of the government contracting process.

The Company also reports that efforts are underway to ramp up operational capacities at its Jacksboro, Tennessee-based manufacturing facility, PTF Manufacturing Inc. (“PTFM“), in preparation for a number of manufacturing opportunities that the Company is hopeful it will receive, beginning in the current quarter.

Following recent leadership enhancements, Francisco Martinez, Chief Technology Officer, has taken over leadership at Protect the Force and PTFM, successfully identifying growth areas and defining our manufacturing capabilities. As a result, PTFM pipeline of opportunities has been significantly increased, and the Company’s management team is in active discussions to expand its manufacturing resources. These improvements will be primarily funded through state and local funding initiatives, including tax credits, labor incentives, and other investments.

“Over the last few months, PTFM has been working with Tellico Services Inc. (“Tellico”) as an original equipment manufacturer (“OEM“) for sewn products,” said Francisco Martinez, Chief Technology Officer. “With our OEM capabilities, we have been able to explore additional opportunities to maximize our resources at PTFM, and the response has been overwhelming. Our focus is now on increasing PTFM’s workforce and equipment, and I am very enthusiastic and eager to work with the team in Jacksboro.”

“We continue to operate according to our long-term vision of building diversified revenue streams by bolstering our manufacturing and production capacity. This allows us to retain or increase our margins and balance the reliance on Government Contracts to sustain operations. Utilizing the leadership of Francisco and the rest of the Unifire team to look for manufacturing opportunities, I believe PTFM will be a cornerstone in our growth plan as we continue moving Mission Ready in the right direction,” said Buck Marshall, President and CEO of Mission Ready.

For further information on Mission Ready Solutions Inc., please visit MRSCorp.com.
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One Response to “Mission Ready Provides Corporate Update”

  1. .308 says:

    sounds like another Canadian small cap pump and dump story!