From Yahoo Finance: 2025-04-27 16:59:00

At the end of 2019, 11.7 million people were detained in prisons globally, a 25% increase since 2000. While 93% are men, the number of women in prisons is rising at a faster pace, increasing by 33%. The US law enforcement PPE industry was valued at $839.4 million in 2021 and is expected to grow at a 5.0% CAGR from 2022 to 2030 due to increased awareness of officer safety.

Police departments in the US are starting to use AI to write reports, aiming to ease administrative burdens. Legal experts express concerns about transparency, accuracy, and potential bias with AI in law enforcement. Future impacts depend on how extensively and effectively AI tools are adopted in policing.

VirTra, Inc. (NASDAQ: VTSI) provides simulators for law enforcement training. Despite facing revenue declines, it reported a 37% growth in Q4 bookings and expanded year-end backlog. VTSI aims to expand federal law enforcement training initiatives and navigate funding variability. Analysts maintain a Buy rating on the company with a $9.50 price target.



Read more at Yahoo Finance: Why VirTra, Inc. (VTSI) Is Among the Best Prison and Law Enforcement Stocks to Buy According to Analysts