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Wrap Technologies, Inc. (NASDAQ:WRAP) ("Wrap" or the "Company"), a global leader in innovative public safety and unmanned systems technology, today announced the formation of Wrap Federal, LLC ("Wrap Federal") a wholly owned subsidiary of the Company dedicated to supporting U.S. federal government clients in the Department of Defense (DoD), Department of Homeland Security (DHS), and other federal agencies.
The formation of Wrap Federal marks a significant milestone in the Company's ongoing transformation, establishing a dedicated operating entity intended to meet the strict compliance, contracting, and operational standards of the federal marketplace.
Wrap Federal strives to fully align with Defense Contract Audit Agency (DCAA) readiness standards and to offer options to support classified contracting, and uphold compliant accounting, security, and operational protocols essential for collaboration with the nation's leading defense and homeland security organizations.
Posted In: WRAP
