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                                                                   Exhibit 10.15

                                 PROMISSORY NOTE

$1,000,000


                            Dated December 31, 1999,
                         and Effective December 14, 1999


         1.       Promise to Pay.

                  The undersigned, Simula, Inc., an Arizona corporation
("Maker"), promises to pay to the order of Stanley P. Desjardins ("Desjardins")
the principal sum of One Million Dollars ($1,000,000). This Note evidences
various loans made by Desjardins to Maker in the aggregate principal amount of
this Note and is intended to memorialize the terms and conditions applicable to
such loan.

                  Desjardins may transfer this Note, and Desjardins or anyone
who takes this Note by transfer and who is entitled to receive payments under
this Note is called the "Noteholder."

         2.       Interest.

                  Interest will be charged from the effective date of this Note
on the unpaid principal balance until the full amount is paid. Maker will pay
interest at an annual rate of twelve percent (12%). Interest shall be calculated
on the basis of a 360-day year and shall be computed on the actual number of
days elapsed.

         3.       Payments and Maturity Date.

                  The outstanding principal balance of this Note, together with
accrued and unpaid interest thereon, shall be due and payable on December 31,
2003 ("Maturity Date").

         4.       Prepayments.

                  Maker may not voluntarily prepay this Note, whether in whole
or in part, at any time. However, this Note shall be subject to a mandatory
prepayment of the outstanding principal balance of this Note, together with
accrued interest thereon, within two days following the date upon which all of
the following conditions have been satisfied: (1) the Term Loan Promissory Note
dated December 31, 1999, made by Maker and certain of its subsidiaries in favor
of The CIT Group/Business Credit, Inc. ("CITBC") in the principal amount of $5.0
million, has been repaid in full; (2) the Secured Senior Note due 2000 dated
December 31, 1999, made by Maker and certain of its subsidiaries in favor of
Levine
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Leichtman Capital Partners II, L.P. in the principal amount of $5.0 million has
been repaid in full; and (3) after giving effect to the mandatory prepayment to
be made hereunder, the "Availability" (as defined in the Financing Agreement
dated as of December 31, 1999, between Maker and CITBC) would be at least $2.0
million.

         5.       Note Charges.

                  If a law which applies to this Note and which sets maximum
loan charges is finally interpreted so that the interest or other charges
collected or to be collected in connection with this Note exceed the permitted
limits, then: (i) any such Note charges shall be reduced by the amount necessary
to reduce the charge to the permitted limit; and (ii) any sums already collected
from Maker which exceeded permitted limits will be refunded to Maker. The
Noteholder may choose to make this refund by reducing the principal it owes
under this Note or by making a direct payment to Maker. If a refund reduces
principal the reduction will be treated as a partial prepayment.

         6.       No Waiver, Expenses.

                  6.1 Even if at a time when Maker is in default Noteholder does
not require Maker to pay immediately in full as directed below, Noteholder will
still have the right to do so if Maker is in default at a later time.

                  6.2 If Noteholder has required immediate payment in full as
described below, Noteholder will have the right to be reimbursed for all of its
costs and expenses to the extent not prohibited by applicable law. Those
expenses include, for example, reasonable attorneys' fees.

                  6.3 Presentment, demand, protest, notices of protest, dishonor
and non-payment of this Note and all notices of every kind except notices of
payment changes are hereby waived.

                  6.4 No single or partial exercise of any power under this Note
shall preclude other or further exercise thereof. The Noteholder shall at all
times have the right to proceed against any portion of any security held for
this Note in such order and in such manner as the Noteholder may deem fit,
without waiving any rights with respect to any other security. No delay or
omission on the part of the Noteholder in exercising any right under this Note
shall operate as a waiver of such right or of any other right under this Note.
The release of any party liable on this Note shall not operate to release any
other party liable on the Note.

                  6.5 Any payment hereunder otherwise due on a day that is not a
business day in Phoenix, Arizona shall be due on the immediately preceding
business day.

         7.       Events of Default.


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                  7.1 At the option of the Noteholder, the Note shall become
immediately due and payable unless otherwise stated, without notice or demand,
upon the occurrence of any of the following events of default:

                           (a) Failure to pay any payment of principal or
interest when due hereunder within five (5) days of the due date; or

                           (b) Making an assignment for the benefit of creditors
by Maker, or the voluntary appointment (at the request of any such party or with
the consent of any such party) of a receiver, custodian, liquidator or trustee
in bankruptcy of any such party's property or the filing by any such party of a
petition in bankruptcy or other similar proceeding under law for relief of
debtors; or

                           (c) Filing by Maker of a petition in bankruptcy or
other similar proceeding under the law for relief of debtors, or the involuntary
appointment of a receiver, custodian, liquidator or trustee in bankruptcy of the
property of any such party, and such petition or appointment is not vacated or
discharged within sixty (60) days after the filing or making thereof.

                  7.2 If this Note is not paid when due, whether at maturity or
by acceleration, Maker promises to pay all costs of collection, including,
without limitation, reasonable attorneys' fees, and all expenses in connection
with the protection or realization of any collateral securing this Note or the
enforcement of any guaranty hereof incurred by the Noteholder on account of such
collection whether or not suit is filed, such costs and expenses shall include,
without limitation, all attorneys' fees and expenses incurred by the Noteholder
in connection with the collection of this Note.

         8.       Placement Fee.

                  A placement fee equal to Twenty Thousand Dollars ($20,000) is
payable as part consideration for the loan represented by this Note, and the fee
is payable in full upon the payment of all outstanding principal balance of, and
all accrued interest on, this Note.


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         9.       Governing Laws; Jurisdiction.

                  This Note shall be constructed in accordance with the governed
by laws of the State of Arizona. Any dispute arising under this Note shall be
brought in a court of competent jurisdiction located within the State of
Arizona.

                                        SIMULA, INC., an Arizona corporation


                                        By: /s/ James C. Dodd
                                            ----------------------------
                                                 James C. Dodd
                                                 Chief Financial Officer




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