Von 15.000 Dollar Umsatz (2004) auf 200 Millionen in 2006 - 500 Beiträge pro Seite (Seite 30)

[DausendUndMehr]

[coolrunning]

Lächerlich was manchmal an der Börse abgeht. Lug und Betrug...

Aber dann kaufe ich eben nach.... diese Preise sind fundamental unbegründet.

[kyron7htx]

Defense Security Cooperation Agency
NEWS RELEASE
On the web: http://www.dsca.mil Media/Public Contact: [phone]
Transmittal No. 10-22
United Kingdom – Mastiff/Mine Resistant Ambush Protected (MRAP) Vehicles
WASHINGTON, May 20, 2010 – The Defense Security Cooperation Agency notified Congress May 19 of a possible Foreign Military Sale to the United Kingdom of 102 Mastiff/MRAP Cougar Category II 6X6 modified vehicles and associated equipment, parts, and logistical support for an estimated cost of $122 million.
The Government of the United Kingdom has requested a possible sale of 102 Mastiff/MRAP Cougar Category II 6X6 modified vehicles, tools and test equipment, maintenance support, contractor technical and logistics personnel services, support equipment, spare and repair parts, and other related elements of logistics support. The estimated cost is $122 million.
The United Kingdom is a major political and economic power in NATO and a key democratic partner of the U.S. in ensuring peace and stability in this region and around the world.
The United Kingdom requests these capabilities to provide for the safety of its deployed troops in support of overseas contingency operations. This program will ensure the United Kingdom can effectively operate in hazardous areas in a safe, survivable vehicle, and enhance the United Kingdom’s interoperability with U.S. forces. The United Kingdom is a staunch supporter of the U.S. in Iraq and Afghanistan. The United Kingdom’s troops are deployed in Afghanistan, where United Kingdom and U.S. forces are currently utilizing Cougar Based MRAP vehicles. By acquiring these additional MRAP vehicles, the United Kingdom will be able to provide the same level of protection for its own forces as that provided by the United States for its forces. The United Kingdom will have no difficulty absorbing these vehicles into its Armed Forces.
The proposed sale of this equipment and support will not alter the basic military balance in the region.
The principal contractor will be Force Protection Industries, Inc., of Ladson, South Carolina. There are no known offset agreements proposed in connection with this potential sale.
The continued support of nine Field Service Representatives, currently providing in-theater maintenance support for the existing Mastiff vehicles until July 2010, will be extended until the UK can provide this support internally.
There will be no adverse impact on U.S. defense readiness as a result of this proposed sale.
This notice of a potential sale is required by law and does not mean the sale has been concluded.

[coolrunning]

Danke kyron, das ist doch Marmelade auf´s Brot...

ich habe auch noch einen:

U.K. Invites Force Protection, Supacat To Tender for Patrol Vehicle Buy
Looks like COO Hutcherson was right when he said tender invite from MOD was coming within 30 days.

U.K. Invites Force Protection, Supacat To Tender for Patrol Vehicle Buy
By ANDREW CHUTER
Published: 20 May 2010 12:16

LONDON - A competition to replace the British Army's Snatch Land Rover armored vehicle has approached the end game after the issue of an invitation to tender to the two companies vying to secure the deal.

Force Protection Europe with the Ocelot is head-to-head with the rival SPV400 vehicle offered by Supacat to supply an initial batch of 200 light protected patrol vehicles for troops operating in Afghanistan.

The winning vehicle, being supplied as an urgent operational requirement, will offer troops better protection and greater mobility than the much-maligned Snatch machine.

The invitations issued by the Ministry of Defence are scheduled to be returned in June, with a decision on a winning contractor expected in early autumn.

The previous Labour Party administration was widely criticized by parliamentarians, the media and some in the military over its failure to replace a vehicle that was unable to provide adequate protection against roadside bombs in Afghanistan and Iraq, and has been blamed for a large number of British fatalities.

A second batch of 200 vehicles is expected to be ordered once deliveries of the initial machines are under way. More orders may follow to replace other Land Rover variants in service with the British military.

The MoD recently completed an evaluation of the two new vehicle designs and subsequently purchased a pair of machines from both manufacturers to continue trials and testing.

Designed and built in the United Kingdom, the vehicles weigh about 7.5 tons, use extensive amounts of composite armor, carry a crew of six and have a turning circle not much worse than the fabled London taxi.

[kyron7htx]

+10%. What the hell is going on?

[kyron7htx]

Wow........

CommentsProvided by: $2.95 Flat-Rate Stock Trades at OptionsHouse. Why Pay More?


Shares of Force Protection (FRPT) Trading Higher on Benckmark Upgrade; Attractive Risk/Reward Ahead of Catalysts

More News related to FRPT
Shares of Force Protection (FRPT) Trading Higher on Benckmark Upgrade; Attractive Risk/Reward Ahead of Catalysts
Benchmark Upgrades Force Protection (FRPT) to Buy; Attractive Risk/Reward Ahead of Catalysts
Force Protection to Present at Stephens Inc. Spring Investment Conference on Wednesday, May 26, 2010
Force Protection (FRPT) Receives $62.4M Contract for 60 Buffalo MPCV from U.S. Army TACOM
Merriman Curhan Ford Maintains Buy On Force Protection (FRPT) Despite Q1 Miss
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More News related to Analyst Comments
May 21, 2010 1:45 PM EDT

Shares of Force Protection Inc. (Nasdaq: FRPT) are getting a boost from today's Benckmark upgrade. The stock is currently up 8.51%. However, shares are trading around $4.60, at the low end of the 52wk Range: $4.03 - $10.03.

This morning, Benckmark raised its rating on Force Protection to 'Buy' and upped the price target to $6.

Benchmark analyst mentioned three potential catalysts:

1) The Defense Security Cooperation Agency notified Congress on May 19 of a possible Foreign Military Sales (FMS) to the U.K. for 102 Cougar vehicles worth approximately $122 million. The award could bring total Cougar vehicle sales to more than 170 units for FY10, higher than the Street’s expectation of 140-150 units.

2) Management expects another order for 50 Buffalo vehicles, following the recent order for 60 Buffaloes. In addition to the existing backlog of 34 vehicles, this could bring total FY10 Buffalo sales to more than 100 units for the year, also higher than the Street’s expectations.

3) Force has potential to install Oshkosh’s independent suspension on other vehicle OEM’s MRAP vehicles for Afghanistan , in our view. The company has a proven track record from its upgrade of the Cougar MRAPs. If successful, this could represent modernization revenue of $200+ million.

Benchmark analyst said in closing, "We are maintaining our FY10 revenue and EPS estimates of $650 million and $0.34. We believe the three potential catalysts discussed above will likely support a better than expected 2H and will update our model post Q2 results. Our current projections assume FY10 vehicle sales of 100 Buffaloes ($100 million) and 140 Cougars ($85 million), $250 million in modernization revenue and $215 million in spares and sustainment revenue."

To see all the upgrades/downgrades on shares of FRPT, visit our Analyst Ratings page.



Related Categories
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Stocks Mentioned
FRPT 4.59
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Volume: 1,392,964
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[coolrunning]

Es haben sich ja frühzeitig wieder Instis platziert.
http://www.j3sg.com/Reports/Stock-Insider/generate-Instituti…

Ich möchte zu gern wissen, wer sich vom 01.04 - bis heute eingekauft hat.
Ich glaube das wird auch eine ganze Menge sein.

FRPT wird in den nächsten Monaten ein Gewinner sein, da braucht man nur die Aufträge und die daraus resultierenden Umsätze sich anzusehen. Wenn das BoD so weiterarbeitet, werden auch die Margen sehr gut sein und wir wieder 8 - 10 Dollar sehen.
Ich habe nachgekauft.

[Gexe006]

Antwort auf Beitrag Nr.: 39.569.738 von coolrunning am 22.05.10 14:49:54

Bitte weiter so mit den News.
Versüßt mir meinen Urlaub in Ägypten und Force soll so heiß gehandelt werden wie es hier ist - Schwitz

[kyron7htx]

-7%???????????????????ß

[coolrunning]

Das ist Börse - Lug und Betrug.

Wer jedoch gut informiert ist, weiß wann er nachkaufen oder sonstwie handeln muss.


Aus motley fool:
Now, 100% accuracy is obviously an anomaly. No one gets it all right, all the time. Eventually, I'm certain Benchmark will make a blunder, or even two or three. But not with Force Protection. Fools, Benchmark's right on the money with this one.

Buy the numbers
Why do I say that? After all, at first glance, Force Protection doesn't look like a screaming bargain. Hobbled by a truly miserable fiscal first quarter, trailing earnings at the company have sunk to just $23 million, while free cash flow has slowed to a trickle, just $14 million. This leaves the stock trading at 23 times free cash flow, and 14 times earnings. Extremely un-remarkable numbers.

But you don't have to dig very deep to uncover the hidden value in this company. With nearly half its market cap in cash, Benchmark points out that Force sells for a mere "3.4x FY10 EV/EBITDA, below the sector average of 9x." Benchmark suggests that despite Force's troubled history of winning (i.e. its remarkable skill at losing) major defense contracts, the stock could easily be worth six times EBITDA.

Granted, this seems somewhat an exercise in guesswork. Valuations in the defense space run all over the map -- from Oshkosh, which at an enterprise value/EBITDA of 3.3 mirrors Force's own undervaluation; to Force's historical partner General Dynamics (NYSE: GD), which sells for 6.4 times EBITDA; to Navistar (NYSE: NAV) and Textron (NYSE: TXT) at the other end of the scale, sporting EV/EBITDAs in the low-to-mid-double digits. With such a wide range of price tags in the defense sector, saying that the "sector average is 9x" may be accurate, but it's not particularly helpful.

Foolish takeaway
Instead of comparing Force to the industry average, I'd urge investors to focus on just two numbers specific to Force:

•Fully 50% of the company's market cap is made up of cash. With more cash pouring in the door every day, and Benchmark suggesting that the rate of cash influx will actually increase this year, the valuation proposition here seems obvious.
•The handful of analysts who follow the company, on average, predict profits at Force will grow at an astounding 43% per year over the next five years, fast enough to make even a 23 price-to-free cash flow ratio look cheap.

http://www.fool.com/investing/general/2010/05/24/this-just-i…

Ich habe gestern nachgelegt und weiß, das FRPT i.d. nächsten Monaten guten Gewinn erzielen wird, volle Auftragsbücher hat und eine hohe Cashrate.
Fazit: Nicht vom derzeitigen Kurs beeinflussen lassen, sondern die Fakten erkennen.

[kyron7htx]

http://www.defpro.com/news/details/15489

[kyron7htx]

http://www.defpro.com/news/details/15489

[kyron7htx]

Team Ocelot receives Invitation to Tender for light protected patrol vehicle

Ocelot shows off its unique modular design.
11:48 GMT, May 25, 2010 Force Protection Europe has been invited by the UK MoD to tender for the Light Protected Patrol Vehicle Programme – Demonstration, Production and Support Phases.

The Invitation to Tender (ITT) follows a recently awarded contract placed with Force Protection Europe by the UK MoD for the supply of two Ocelot light protected patrol vehicles.

An all-new concept, Ocelot has been developed by Force Protection Europe and Ricardo to provide levels of survivability comparable with the Cougar family of Mine Resistant Ambush Protected (MRAP) vehicles, together with exceptional cross country mobility, flexibility and value for money.

Ocelot’s capabilities have been proven by a sustained programme of blast, ballistic, automotive and manoeuvrability tests conducted since the summer of 2009. The vehicle successfully completed another series of tests last week.

Ocelot can be maintained and repaired quickly out in the field to ensure maximum availability, while its unique modular design enables the vehicle to be reconfigured in theatre within two hours to meet a variety of different roles, such as patrol, fire support and protected logistics.

Force Protection Europe Managing Director, David Hind, said, “We firmly believe that Ocelot has defined the future for light protected patrol vehicles and are delighted to have received this invitation to tender from the MoD.”

Force Protection, Inc.



Company or Organisation Portrait:
Force Protection Europe Ltd (FPE) is a wholly owned subsidiary of Force Protection Industries, Inc. (FPII) - the world's leading provider of survivability solutions. FPII’s Cougar MPRAP vehicles (in service with the British Army as Mastiff, Ridgback and Wolfhound) are acknowledged globally as providing the highest levels of blast protection. FPE has been established to create a UK leader in the provision and sustainment of survivability solutions based on tactical wheeled vehicles.

With technical centres and offices in the UK, USA, Germany, the Czech Republic, France, Italy, Russia, China, Japan, India and Korea, Ricardo plc is a leading independent technology provider and strategic consultant to the world's transportation sector and clean energy industries. The company's engineering expertise ranges from vehicle systems integration, controls, electronics and software development, to the latest driveline and transmission systems and gasoline, diesel, hybrid and fuel cell powertrain technologies, as well as wind energy and tidal power systems. Ricardo is committed to excellence and industry leadership in people, technology and knowledge; approximately 70 percent of its employees are highly qualified multi-disciplined professional engineers and technicians. A public company, Ricardo plc posted sales of £178.8 million in financial year 2009 and is a constituent of the FTSE techMark 100 index - a group of innovative technology companies listed on the London Stock Exchange.
Company or Organisation Contact:
Force Protection Europe Ltd:
Victoria Bailey / Nick Johnstone
CMS Strategic
[phone]
[e-mail]

Ricardo UK Ltd:
Anthony Smith
Ricardo Media Office
[phone]
[e-mail]

[coolrunning]

http://www.forceprotection.net/pdf/FRPT_Investor_Presentatio…

[coolrunning]

195000 shares hat da jemand verkauft....

Sowas macht mir immer irgendwie Sorgen, denn oftmals sind es gut unterrichtete Kreise, bei diesen Größenordnungen...

[Tools_Garden]

Antwort auf Beitrag Nr.: 39.576.771 von coolrunning am 25.05.10 08:51:19

@coolrunning: wenn du hier im Gewinn bist, macht das Sinn. aber sobald deine Position im Verlust ist, passiert beim Halten genau dasselbe, was einmal Winston Chuchill sagte: in the long run, we are all dead.

[kyron7htx]

Antwort auf Beitrag Nr.: 39.587.589 von coolrunning am 26.05.10 18:55:02

Wieso verkauft. Ein Verkauf ist auch immer ein Kauf. Kommt darauf an wie man es betrachtet.

[kyron7htx]

Press Release Source: Force Protection, Inc. On Wednesday May 26, 2010, 2:18 pm EDT
LADSON, S.C.--(BUSINESS WIRE)--Force Protection, Inc. (NASDAQ: FRPT - News), a leading designer, developer and manufacturer of survivability solutions and provider of total life cycle support for those products, today announced that its Ocelot light protected patrol vehicle has been down-selected by the Australian Government to compete in the Land 121 Phase 4 Project for the Protected Mobility Vehicle – Light (PMV-L) prototype. Ocelot was offered for the Land 121 competition through Force Protection’s subsidiary, Force Protection Europe, LTD.

In a press release issued earlier today in Australia, The Hon. Greg Combet, Minister for Defence Materiel and Science in the Australian Government, said, "Three Australian based companies will be awarded up to (AUD) $9 million each for the development of protected mobility vehicle prototypes, putting them in the running to land a manufacturing contract for up to 1300 vehicles."

The news from Australia comes on the heels of a decision by the United Kingdom Ministry of Defence (UK MoD) to issue Force Protection Europe with an Invitation to Tender (ITT) for the Light Protected Patrol Vehicle Programme – Demonstration, Production and Support phases. The issuing of the ITT follows a contract placed with Force Protection Europe by UK MoD for the supply of two Ocelot vehicles.

Commenting on these latest developments, David Hind, Managing Director at Force Protection Europe, said, "We are delighted at the way Ocelot is being received around the world and expect that our display of the Ocelot at the Eurosatory exhibition in Paris next month will generate still further interest in this important new vehicle."

About Force Protection, Inc.

Force Protection, Inc. is a leading designer, developer and manufacturer of survivability solutions, including blast- and ballistic-protected wheeled vehicles currently deployed by the U.S. military and its allies to support armed forces and security personnel in conflict zones. The Company’s specialty vehicles, including the Buffalo, Cougar and related variants, are designed specifically for reconnaissance and urban operations and to protect their occupants from landmines, hostile fire, and improvised explosive devices (IEDs, commonly referred to as roadside bombs). The Company also develops, manufactures, tests, delivers and supports products and services aimed at further enhancing the survivability of users against additional threats. In addition, the Company provides long-term life cycle support services of its vehicles that involve development of technical data packages, supply of spares, field and depot maintenance activities, assignment of highly-skilled field service representatives, and advanced on and off-road driver and maintenance training programs. For more information on Force Protection and its products and services, visit http://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2…

Safe Harbor Statement

This press release contains forward looking statements that are not historical facts, including statements about our beliefs and expectations. These statements are based on beliefs and assumptions of Force Protection’s management, and on information currently available to management. These forward looking statements include, among other things: the growth, demand and interest and demand for Force Protection’s vehicles, including the Ocelot vehicle; expectations for future contracts for the Ocelot the benefits and suitability of the Ocelot; the rate at which the Company will be able to produce these vehicles; the ability to meet current and future requirements the Company’s execution of its business strategy and strategic transformation, including its opportunities to grow the business; and the Company’s expected financial and operating results, including its revenues, cash flow and gross margins, for future periods. Forward-looking statements speak only as of the date they are made, and the Company undertakes no obligation to update any of them publicly in light of new information or future events. A number of important factors could cause actual results to differ materially from those contained in any forward-looking statements. Examples of these factors include, but are not limited to, ability to effectively manage the risks in the Company’s business; the ability to develop new technologies and products and the acceptance of these technologies and products; the other risk factors and cautionary statements listed in the Company’s periodic reports filed with the Securities and Exchange Commission, including the risks set forth in the Company’s Annual Report on Form 10-K for the year ended December 31, 2009 and as updated in the Quarterly Report on Form 10Q for the quarter ended March 31, 2010.

[kyron7htx]

Merriman Curhan Maintains Positive Views on Force Protection (FRPT)

May 27, 2010 8:52 AM EDT

Merriman Curhan Ford reiterates a 'Buy' rating and valuation range of $7.00-$8.00 on Force Protection (Nasdaq: FRPT) after it was selected to provide two prototypes for test drive for the Australian Minister of Defense.

A Merriman Curhan Ford analyst states, "With high operational tempo in Afghanistan, and a large and growing backlog of modernization projects, we think there is good visibility for the rest of the year and upside. In addition, we have not built in potential international vehicle production wins, which could also drive estimates higher."

To see all the upgrades/downgrades on shares of FRPT, visit our Analyst Ratings page.

Force Protection, Inc., together with its subsidiaries, engages in the design, manufacture, testing, delivery, and support of blast and ballistic protected vehicles.

[coolrunning]

27.05.2010 16:13
Force Protection Provides Additional Information Concerning Its Participation in the Land 121 Competition

Force Protection, Inc. (NASDAQ: FRPT), a leading survivability solutions provider, today provided additional information related to the Australian Government's Land 121 Phase 4 Project for the Protected Mobility Vehicle - Light (PMV-L) prototype ("Land 121").

Yesterday the Company announced that its Ocelot light protected patrol vehicle has been down-selected by the Australian Government to compete in the Land 121 competition. Ocelot was offered for the competition through Force Protection's subsidiary, Force Protection Europe, LTD.

There are six entities remaining in the Land 121 competition, including Force Protection Europe, LTD. Three of the entities are from the current US Joint Light Tactical Vehicle program, which is also working on the development of protected mobility vehicle prototypes.

The Australian Government has announced the Land 121 competition could lead to a manufacturing contract for up to 1,300 vehicles. Force Protection currently expects a final decision from the Australian Government will come no earlier than 2011.

[coolrunning]

On Thursday May 27, 2010, 4:55 pm
LADSON, S.C. (AP) -- Force Protection Inc. said Thursday its Ocelot light protected patrol vehicle has been selected by the Australian government to compete for a manufacturing contract for up to 1,300 vehicles.

Force Protection subsidiary Force Protection Europe LTD and five other manufacturers are vying for the contract.

The company expects a final decision from the Australian Government will come no earlier than next year.

Force Protection shares added 6 cents to close at $4.30

[coolrunning]

http://seekingalpha.com/article/207599-the-force-is-no-longe…

[kyron7htx]

Force Protection Industries, Inc., Ladson, S.C., is being awarded a $46,102,093 firm-fixed-priced modification under contract (M67854-07-D-5031) delivery order #0018 for the purchase of 2,451 automatic fire extinguisher system kits to be installed on the Cougar Mine Resistant Ambush Protected vehicles. Work will be performed Sterling Heights, Mich., and is expected to be completed February 2011. Contract funds in the amount of $46,102,093 will expire at the end of the current fiscal year. This contract was not competitively procured. The Marine Corps Systems Command, Quantico, Va., is the contracting activity.

[coolrunning]

Ocelot Aims for World Markets at Eurosatory
http://www.forceprotection.net/news/news.html?id=349

Following a contract from the UK MOD for the supply of two vehicles for test purposes, Ocelot, the advanced new light protected patrol vehicle, will be the focus of the Force Protection display at Eurosatory (Stand K441).

An all-new concept, Ocelot has been developed by Force Protection Europe Ltd and Ricardo plc to provide levels of survivability comparable with the Cougar family of vehicles, together with exceptional cross country mobility, flexibility and value for money. Accordingly, Ocelot is equally effective in a range of diverse environments, including mountains, deserts and urban areas.
Ocelot can be maintained and repaired quickly out in the field to ensure maximum availability, while its unique modular design enables the vehicle to be reconfigured in theatre within two hours to meet a variety of different roles, such as patrol, fire support and protected logistics.

Ocelot’s capabilities have been proven by a sustained programme of blast, ballistic, automotive and manoeuvrability tests conducted since the summer of 2009. The vehicle is supported by a strong supply chain that includes QinetiQ, Sula Systems and Thales.

Force Protection Europe Ltd’s Managing Director, David Hind, said: ‘Ever since we launched Ocelot at last year’s DSEi (Defence Systems & Equipment International) the vehicle has been attracting serious interest from around the world resulting in being down-selected for two key programmes, including Australia’s Land 121 Phase 4 project. We firmly believe that Ocelot has defined the future for light protected patrol vehicles.’

Graeme Rumbol, Ricardo plc global vehicle product group director added: ‘Ocelot has proven itself though the extensive programme of development testing carried out since the first prototype was unveiled less than a year ago. It is a uniquely adaptable and innovative defence vehicle platform with unparalleled potential across a range of roles. We are extremely pleased to be working with Force Protection Europe to develop further opportunities for this truly class-leading vehicle on a global basis.’

Eurosatory 2010 takes place at Parc des Expositions, Paris, from June 14 – 18.

[Gexe006]

Force Protection Industries, Inc., Ladson, S.C., is being awarded a $10,813,611 firm- fixed-priced modification under previously awarded contract (M67854-07-D-5031) delivery order #0018, to purchase 2,654 570 amp alternator modernization kits. These kits will be installed on the Cougar Mine Resistant Ambush Protected vehicle fleet supporting Operation Enduring Freedom and Operation Iraqi Freedom. Work will be performed in Ladson, S.C., and is expected to be completed by March 31, 2011. Contract funds in the amount of $1,937,510 will expire at the end of the current fiscal year. Marine Corps Systems Command, Quantico, Va., is the contracting activity.

http://www.defense.gov/contracts/contract.aspx?contractid=43…

[Hufeland]

13 new Mastiffs for UK?

http://www.independent.co.uk/news/world/asia/cameron-offers-…

Cameron offers cash – but not troops – to help fight the Taliban

By Kim Sengupta, Defence Correspondent

Friday, 11 June 2010


David Cameron offered extra funds to combat roadside bombs taking a relentless toll on British lives during his first visit to Afghanistan as Prime Minister yesterday, but ruled out sending any extra troops to help turn the tide of the war against the Taliban.

Mr Cameron's declaration that sending reinforcements was "not remotely" on the agenda and that the question should be "Can we go further, can we go faster?" on the date of withdrawing troops showed a desire to disengage from the conflict as soon as possible. In the meantime, however, he stated that a further £67m will be spent on countering IEDs (improvised explosive devices) on top of £150m pledged by Gordon Brown during his own visit to Afghanistan last year when he was still prime minister.

The issue of IEDs has been given added sensitivity following the resignation of Colonel Bob Seddon, the head of the Army's bomb disposal squads, last month, over concerns about the pressure being faced by his men in tackling what has become the insurgents' weapon of choice.
Related articles


The new funds will be spent on doubling the number of counter-IED teams to 20, up to 13 new Mastiff armoured vehicles and Dragon Runner robots used to track the bombs. In addition, £200m will be diverted from the existing international development budget for reconstruction work in Helmand. Other measures included an "information sharing" initiative under which the Foreign Secretary, William Hague, and the Defence Secretary, Liam Fox, will make quarterly "situation reports" to the Commons.

Mr Cameron arrived in Afghanistan the morning after a suicide bomber killed 40 people and injured 70 others at a wedding ceremony near Kandahar. He also came at a particularly bloody period in the conflict during which 29 Nato soldiers, including Britons, had died in a month.

Part of his Afghan tour was re-routed after the military intercepted calls suggesting insurgents planned to shoot down his helicopter, an aide said.

Mr Cameron had visited an agricultural college in Helmand and was scheduled to continue to the Shahzad military patrol base, but that excursion was called off by the Brigadier Richard Felton, the British commander. Still airborne, the Prime Minister's Chinook was diverted to the provincial capital of Lashkar Gah, where Mr Cameron had a barbecue with troops.

At a press conference in Kabul with the Afghan President Hamid Karzai, Mr Cameron was careful to highlight what he claimed to see as signs of progress after Dr Fox had described the country as a "broken 13th-century state". The Prime Minister stressed that Afghanistan was the "most important foreign policy issue, the most important national security issue facing our country, and it is that national security approach I want to stress here today".

But he also stressed that the focus should be on ending the deployment of the British force saying: "We should all the time be asking: can we go further, can we go faster? Nobody wants British troops to be in Afghanistan a moment longer than is necessary. The President doesn't, the Afghan people don't, the British people don't."

Mr Cameron stated there should be a political solution to the conflict, saying he welcomed last week's public meeting in Kabul at which Mr Karzai discussed proposals to encourage elements of the Taliban to rejoin the political mainstream. However, the overtures to the insurgents by the Afghan President, and the freeing of prisoners had alarmed a number of senior officials and human rights groups.

Mr Karzai's appeasement policy was said to be one of the main factors which drove Amrullah Saleh, the head of the intelligence service, the National Directorate of Security, and Hanif Atmar, the Interior Minister, to resign from the government. The departure of the two men, seen as honest and effective, is seen as a major blow by the West. The US Defence Secretary Robert Gates said during a visit to London that he "only hoped" that Mr Karzai would "replace them with equally able people". Mr Gates also warned that the public in the West would want to see discernible signs of progress by the end of year.

[coolrunning]

Eurosatory 2010: LPPV bids formalised
June 14, 2010

Supacat and Force Protection will submit their formal bids for the UK Ministry of Defence’s Light Protected Patrol Vehicle (LPPV) programme on Tuesday 15 June, according to company officials.

Speaking to Land Warfare International at Eurosatory in Paris on 14 June, both companies said a decision on a preferred partner could be made within six weeks as the MoD looks to roll out the vehicles to replace in-service and minimally protected Land Rover Snatch and Snatch Vixen vehicles as quickly as possible.

The MoD has released funding for an initial batch of around 200 vehicles under an Urgent Operational Requirement (UOR) with an in-service date in early 2011. However, with a total LPPV requirement comprising some 400 vehicles, industry sources stressed that procurement of the new fleet would be ‘completely unaffected’ by the government’s Strategic Defence Review (SDR), which is understood to have already begun.

‘Afghanistan is fundamental to what we do today and we cannot stop supporting what that operation is achieving,’ one source told LWI.

Supacat and NP Aerospace officially unveiled their SPV 400 participant for the LPPV programme on 13 April, followed shortly after by an offering from Team Ocelot- Force Protection’s joint venture with Ricardo.

The 4 x 4 Supacat Protected Vehicle 400 or SPV400, which includes a V-shaped hull, comprises a gross vehicle weight of 7.5 tonnes and is capable of carrying a 1.5 tonnes payload.

The Ocelot is a 7.5-tonne vehicle comprising a 1.5-tonne payload with a modular protected pod solution available in variants including load bearing; fire support; flat-bed; troop carrier; ambulance; and open-top vehicles.

http://www.shephard.co.uk/news/landwarfareintl/eurosatory-20…

[kyron7htx]

Ein Schelm wer Böses denkt. Kommt da was Bombastisches.


Pre-Market Charts | After Hours Charts Jun. 17, 2010 Market Close: $ 4.25 After Hours
Last: $ 4.25 After Hours
High: $ 4.2503
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Volume: 442,697 After Hours
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16:11 $ 4.25 4,500
16:11 $ 4.25 99,000
16:11 $ 4.25 94,500
16:02 $ 4.25 597
16:00 $ 4.22 100
16:00 $ 4.22 100

[Highnoon120]

Antwort auf Beitrag Nr.: 39.704.111 von kyron7htx am 18.06.10 12:06:05

da covert wohl noch jemand schnell seine shorts

[Gexe006]

Force Protection Industries, Inc., Ladson, S.C., is being awarded a $15,431,971 firm-fixed-price modification under previously awarded contract (M67854-07-D-5031) delivery order #0015 for the purchase of 43 field service representatives to install spall-liner blanket kits and modernization safety kits, and conduct general maintenance to the Cougar Mine Resistant Ambush Protected vehicle fleet supporting Operation Enduring Freedom and Operation Iraqi Freedom. Work will be performed in Afghanistan and Iraq, and is expected to be completed by June 30, 2011. Contract funds in the amount of $15,431,971 will expire at the end of the current fiscal year. Marine Corps Systems Command, Quantico, Va., is the contracting activity.

http://www.defense.gov/contracts/contract.aspx?contractid=43…

[Hufeland]

U.K. To Add 28 Wolfhounds for Afghan Operations
By ANDREW CHUTER
Published: 22 Jun 2010 12:46


LONDON - British force protection capabilities in Afghanistan are being improved by a new order for additional Wolfhound armored vehicles, the Ministry of Defence has revealed.

An additional 28 Wolfhound armored support vehicles are being acquired from U.S. manufacturer Force Protection. The Wolfhound is a truck variant of the Mastiff mine-resistant vehicle. The Mastiff is the British Army version of the U.S. six-wheel-drive Cougar mine-resistant ambush protected vehicles.

The British also operate Force Protection's four-wheel-drive version of Cougar, known in the British Army as Ridgeback, and the heavyweight Buffalo machine.

The order could be among an expected raft of announcements June 23 when Peter Luff, the new minister for defense equipment, support and technology opens an MoD-organized vehicle and soldier technology event here.

The order for the Wolfhounds emerged as a result of a parliamentary answer to a question from the Labour opposition party about the number of vehicles the government had ordered since the general election in May.

Luff responded, saying the contract for the Wolfhound had been amended in early June 2010 to include an additional 28 vehicles.

About 97 Wolfhounds were originally ordered in April 2009 by the then-Labour administration as part of a 350 million pound tactical support vehicle program involving more than 400 machines of various categories.

The first of the vehicles are expected in theater this summer. The 2009 announcement by the MoD also included orders for Husky vehicles from the U.S. Navistar company and Coyote machines from local supplier Supacat.

The previous government tended to order vehicles for British forces fighting in Afghanistan in batches.

If the new Conservative led administration follows that trend its possible further orders could emerge over the next few days for Mastiff, Coyote, Husky and other types.

[coolrunning]

http://www.shephard.co.uk/news/landwarfareintl/uk-mod-announ…

...und sollten dann noch die 200 Ozelotfahrzeuge bestellt werden...




... dann geht der Kurs weiter runter, denn FRPT schreibt ja leider sehr gute Zahlen

Ich habe selten eine Firma erlebt, die so unterbewertet ist.

[HeinzBork]

Antwort auf Beitrag Nr.: 39.731.866 von coolrunning am 24.06.10 15:36:37

Ich glaube mittlerweile, daß durch das naked short selling vor 2 Jahren, soviele Aktien im Überhang sind, daß der Kurs niemals wieder auf die Beine kommt, ausser man lässt durch eine evtl. Dividende herausfinden, wieviel Aktien tatsächlich existieren.
(Gibts eigentlich ein Kotz-Smiley?)

[Gexe006]

Force Protection Industries, Inc., Ladson, S.C., is being awarded a $19,644,010 firm-fixed-price modification under previously awarded contract (M67854-07-D-5031) delivery order #0012, for a three month extension of 216 field service representatives (FSR) to complete independent suspension system kit installation on the Cougar Mine Resistant Ambush Protected (MRAP) vehicle fleet at the MRAP sustainment facility in Kuwait and the associated life support required for the FSRs. Work will be performed in Kuwait, and is expected to be completed by Sept. 30, 2010. Contract funds in the amount of $19,644,010 will expire at the end of the current fiscal year. Marine Corps Systems Command, Quantico, Va., is the contracting activity.

http://www.defense.gov/contracts/contract.aspx?contractid=43…

[wohinistmeinGeld]

Antwort auf Beitrag Nr.: 39.732.036 von HeinzBork am 24.06.10 16:04:23

natürlich gibt es das,



aber warum sollte man das hier brauchen? Mit einem KGV von 12 ist hier doch nichts unterbewertet, außer in den Träumen derjenigen die immer noch auf die 40$ warten.

[Gexe006]

USAF seeks special operations CSAR vehicle
June 24, 2010

The US Air Force Special Operations Command (USAFSOC) is expected to release a request for proposals (RfP) by the end of the year for a dedicated series of combat search and rescue (CSAR) vehicles.

Industry sources have informed Land Warfare International that a request for information (RfI) has already been released, with the RfP delayed by a few months due to various ‘reshaped’ requirements.

USAFSOC is understood to be seeking a 4x4, open-top and wheeled vehicle for ‘covert‘ missions, that is capable of being transported internally by V-22 Osprey. It is also seeking a larger variant which could be carried as an underslung load by CH-47 and CH-53 air frames. Other requirements include an all-up-weight of 7,000 pounds and maximum vehicle width of 60-inches.

Original requirements for the ‘Guardian Angel’ programme called for 90 internally transportable variants although this has been reduced to around 55 vehicles, sources said.

Speaking to LWI at the Defence Vehicles Dynamics exhibition in Millbrook, UK, Force Protection confirmed it would offer a variant of its Jamma (Joint All-Terrain Modular Mobility Asset) vehicle for the internally transportable vehicle (ITV) part of the requirement. The company also confirmed that it was in a position to offer up an open-top version of its Ocelot light protected patrol vehicle for the underslung version.

Force Protection’s chief operating officer, Randy Hutcherson, told LWI that the company was in the process of designing two prototypes which would be made available to USAFSOC this year.

‘We are improving mobility, protection and survivability to whatever extent we can do to meet customer requirements,’ he said while describing how the company was also considering command and control variants.

Other interested parties are understood to include General Dynamics and its Flyer II light strike vehicle and Raytheon’s HyDRA (Hybrid Defense Reconnaissance and Assault) system. Previously, Supacat had designed an ITV for V-22 but the company confirmed to LWI that it had yet to enter the race for the USAFSOC requirement.

Sources also told LWI that Lockheed Martin was considering a teaming agreement to bid for the contract, worth an undisclosed sum. Currently, NAVAIR (Naval Systems Air Command) has certified both Jamma and US Marine Corps Growler vehicles for internal transportation by V-22.

http://www.shephard.co.uk/news/landwarfareintl/usaf-seeks-sp…

[Gexe006]

und weiter gehts

U.K. Adds 37 Mastiffs To Army
By ANDREW CHUTER
Published: 25 Jun 2010 10:46
LONDON - British force protection capabilities will be boosted by an order for additional Mastiff mine resistant armored vehicles from U.S. builder Force Protection.

The Ministry of Defence has purchased a further 37 Mastiff machines to add to the fleet of 277 vehicles it has ordered from the MRAP builder since 2006. Most of the existing fleet is operational in Afghanistan, where it is protecting troops fighting the Taliban in southern Afghanistan.

The deal has not been officially announced by the Ministry of Defence, but a spokesman confirmed a contract for the vehicle was signed recently.

Mastiff is the British variant of the widely used six-wheel-drive Cougar vehicle. Force Protection produces the basic vehicle, with U.K. company NP Aerospace modifying the machine to local requirements.

The Mastiff deal is the second Force Protection success here in two days. On June 23, British defense procurement and technology minister Peter Luff announced the military was also acquiring a further 28 Wolfhound armored trucks from the firm.

Luff also announced an order for a further 140 Jackal patrol vehicles from Supacat in a deal worth 45 million pounds ($67.3 million). The contract takes Jackal numbers in the British Army beyond the 500 mark. The latest deal is for the 2A version of the off-road vehicle, which has a better protected cab area than earlier Jackals.

Some 97 Wolfhounds, the truck variant of the Mastiff, were originally ordered in April 2009 by the then-Labour administration as part of a 350 million pound tactical support vehicle program involving more than 400 machines of various categories.

Together, the new Wolfhound and Mastiff orders are probably worth about 40 million pounds.

Force Protection also supplies Britain with the four-wheel-drive version of the Cougar, known here as the Ridgback. A total of 154 Ridgbacks were ordered by the MoD and further vehicles are likely to be purchased later this year.

The first of the Wolfhounds are expected in theater this summer

[Gexe006]

Antwort auf Beitrag Nr.: 39.739.796 von Gexe006 am 25.06.10 20:10:19

ach, hier noch der Link dazu

http://www.defensenews.com/story.php?i=4686440&c=ASI&s=LAN

[kyron7htx]

Jun. 25, 2010 Market Close: $ 4.51 After Hours Last:
Net / % Change $ 4.51

unch (unch) After Hours High: $ 4.56
After Hours Volume: 1,233,020 After Hours Low: $ 4.3186

Learn more about the After-Hours trading session. Trade Detail
After Hours
Time (ET) After Hours
Price After Hours
Share Volume
16:30 $ 4.51 526,679 !!!!!!
16:30 $ 4.51 526,679 !!!!!!
16:29 $ 4.5104 1,409
16:27 $ 4.51 5,765
16:23 $ 4.5117 4,600
16:22 $ 4.51 200
16:20 $ 4.46 1,500
16:18 $ 4.5127 3,060
16:17 $ 4.5091 80,821 !!!!!!
16:17 $ 4.5109 60,752 !!!!!!
16:10 $ 4.47 500
16:10 $ 4.46 14,255
16:07 $ 4.54 400
16:07 $ 4.53 800
16:05 $ 4.3186 100
16:00 $ 4.50 4,300
16:00 $ 4.51 100
16:00 $ 4.56 300
16:00 $ 4.55 400
16:00 $ 4.55 200
16:00 $ 4.56 100
16:00 $ 4.48 100



1

Read more: http://www.nasdaq.com/aspxcontent/ExtendedTradingTrades.aspx…

[Gexe006]

Antwort auf Beitrag Nr.: 39.740.303 von kyron7htx am 25.06.10 22:35:00

Liegt da was Fettes in der Luft
schön wäre es

[kyron7htx]

Jun. 25, 2010 Market Close: $ 4.51 After Hours Last:
Net / % Change $ 4.5075

-.0025 (-.06%) After Hours High: $ 4.56
After Hours Volume: 1,936,093 After Hours Low: $ 4.3186

Learn more about the After-Hours trading session. Trade Detail
After Hours
Time (ET) After Hours
Price After Hours
Share Volume
17:00 $ 4.5075 299,836
16:58 $ 4.35 100
16:58 $ 4.35 700
16:57 $ 4.35 100
16:57 $ 4.35 100
16:57 $ 4.35 100
16:57 $ 4.35 100
16:57 $ 4.35 100
16:57 $ 4.35 100
16:57 $ 4.35 100
16:57 $ 4.35 100
16:57 $ 4.35 100
16:57 $ 4.35 100
16:57 $ 4.35 100
16:57 $ 4.35 100
16:57 $ 4.35 100
16:57 $ 4.35 100
16:57 $ 4.35 100
16:57 $ 4.35 100
16:56 $ 4.5125 34,299
16:55 $ 4.51 10,300
16:50 $ 4.5059 3,439
16:49 $ 4.5059 31,141
16:48 $ 4.51 1,079
16:48 $ 4.35 100
16:48 $ 4.35 400
16:48 $ 4.5074 9,606
16:47 $ 4.5102 2,666
16:46 $ 4.5077 4,280
16:45 $ 4.5077 39,200
16:42 $ 4.5092 80,492
16:42 $ 4.5108 92,768
16:41 $ 4.5086 4,415
16:37 $ 4.5114 24,600
16:37 $ 4.5086 39,800
16:36 $ 4.35 200
16:35 $ 4.5114 2,185
16:35 $ 4.37 300
16:35 $ 4.37 400
16:35 $ 4.37 100
16:35 $ 4.5075 1,445
16:34 $ 4.5075 12,900
16:34 $ 4.5086 2,185
16:33 $ 4.5549 2,537
16:30 $ 4.51 526,679
16:30 $ 4.51 526,679
16:29 $ 4.5104 1,409
16:27 $ 4.51 5,765
16:23 $ 4.5117 4,600
16:22 $ 4.51 200



1 2 Next

Read more: http://www.nasdaq.com/aspxcontent/ExtendedTradingTrades.aspx…

[Gexe006]

Antwort auf Beitrag Nr.: 39.740.373 von kyron7htx am 25.06.10 23:05:43

Laut Yahoo Board könnte der hohe Umsatz daraus resultieren
Russel rebalancing today!

[Gexe006]

Antwort auf Beitrag Nr.: 39.740.393 von Gexe006 am 25.06.10 23:15:10

und dann noch dieses

Merriman Curhan Ford Reiterates a 'Buy' on Force Protection (FRPT); $92M in Service, Support, Modernization Orders Received this Month
10:02 am ET 06/25/2010- StreetInsider
if they think $7-$8 without any additional international sales, whether that be Ocelot, cougar, buff, TSV, cheetah (hail mary, yes), jamma or any of the other potential business (upgrading other OEMs, more upgrades etc), $10+ should be in the ball park.....

Merriman Curhan Ford reiterates a Buy rating on Force Protection (Nasdaq: FRPT), potential valuation range of $7.00-8.00. Merriman analyst says, "With a high operational tempo in Afghanistan, and a large and growing backlog of modernization projects, we think there is good visibility for the rest of the year and upside. In addition, we have not built in potential international vehicle production wins, which could also drive estimates higher...We have $434M of service, support and modernization revenue in our 2010 estimate. We believe this is supported by the $217M in announced orders this year, $362M over the LTM plus the spares and service that are typically purchased with new vehicles.

[Gexe006]

Antwort auf Beitrag Nr.: 39.740.393 von Gexe006 am 25.06.10 23:15:10

A significant portion of the trading activity surrounding the re-balancing will occur on Friday, June 25, during the NASDAQ Closing Cross. The NASDAQ Official Closing Price (NOCP) will be used as the closing price for NASDAQ-listed stocks in the Russell Indexes. Just after 4:00 p.m., Eastern Time, on June 25, there may be an increase in individual company volumes. This occurs because the funds that track the Russell Indexes will adjust their holdings at the closing price on Friday. Since NASDAQ's Closing Cross determines the closing price for NASDAQ-listed securities, many funds will elect to send their re-balancing trades through the NASDAQ trading system for execution.

mehr unter

http://www.nasdaq.net/PublicPages/Russell_Rebalance.aspx

[Gexe006]

Force Protection meets with potential suppliers for Australia’s $1 billion vehicle contract
Publisher: Force Protection Europe Limited
Date: 07/02/2010

Force Protection has completed a series of discussions with potential suppliers across four states as it refines its Australian manufacturing plans for the $1 billion protected mobility vehicle contract.

The Australian Government in May announced that Force Protection was one of three Australian-based solutions to be given the opportunity to win the contract to manufacture up to 1300 next-generation protected mobility vehicles, under the ‘Land 121 Phase 4’ program.

Force Protection has again met with potential suppliers as well as State Government ministers and industry representatives in New South Wales, Queensland, Victoria and South Australia.

Force Protection Chief Executive Officer, Michael Moody, said discussions with suppliers last year had opened up several manufacturing options for its Ocelot vehicle across the four states, and it was important to further progress these discussions now that the company had been short-listed for the Australian Government contract.

“The reception we have received from both suppliers and government representatives over the past couple of weeks has been extremely positive, and confirmed our view that we can build a world class vehicle utilising the best of Australian military and automotive manufacturing expertise and know-how,” Mr Moody said.

“We are committed to operating in Australia and we look forward to making further announcements about our plans.”

Force Protection was one of the companies recently down-selected by the UK Ministry of Defence to tender for the Light Protected Patrol Vehicle Program – Demonstration, Production and Support Phases and has been awarded a contract by the UK MoD for the supply of two Ocelot light protected patrol vehicles for testing.

Its Ocelot vehicle has undergone significant development in conjunction with leading independent technology provider Ricardo to provide high levels of survivability together with exceptional cross country mobility, flexibility and value for money.

The Ocelot’s capabilities have already been proven by a sustained program of blast, ballistic, automotive and manoeuvrability tests conducted since 2009.

The Ocelot can be maintained and repaired quickly in the field to ensure maximum availability, while its unique modular design enables the vehicle to be reconfigured in theatre within two hours to meet a variety of different roles, such as patrol, fire support and protected logistics.

Force Protection continues to test and refine the Ocelot vehicle, taking in to account the specific operational requirements for the Australian Defence Force.

http://www.forceprotection.net/news/news.html?id=357

[Highnoon120]

Hat jemand ne idee warum man auf dem US yahoo share board nicht mehr posten kann obwohl man angemeldet ist?

[coolrunning]

$410 MILLION IN ACTIVE CONTRACTS
$130 Million Cash
$138 Million Receivables

Shares trading at 1/3 real value


Das sind die Fakten !

Alles kommt zu dem, der warten kann....

[coolrunning]

TREASURER Kevin Foley has made a final face-to-face pitch to global defence giant Force Protection to base its Asia Pacific operations in South Australia.
It is shortlisted for a $1 billion contract to produce 1300 armoured vehicles for the Australian Army. Mr Foley, who met executives at their UK headquarters, expects them to make a decision about an Australian base in the next week.

"A number of Australian states are working hard to get Force Protection to commit to their states and we think we are putting forward the best proposition," he said from the US.

"We have the best infrastructure and skills availability given our strong automotive backbone in SA."

Mr Foley is making his first overseas trip in his new role as Defence Industries Minister.

The 16-day mission aims to attract more defence work worth billions from the US and Britain. He listed a string of companies he and Defence SA chief Andrew Fletcher met. Many of them, he said, expressed an interest in expanding their operations in SA, or establishing a base.

Start of sidebar. Skip to end of sidebar.
Related CoverageThe new face of warfare Adelaide Now, 2 days ago
Foley set to escape overseas Adelaide Now, 30 Jun 2010
Government writes off rail debt Adelaide Now, 15 Jun 2010
Homecoming Rann swears by Treasurer Adelaide Now, 13 Jun 2010
Defence SA spruiking Tonsley for $1bn job Adelaide Now, 11 Jun 2010
.End of sidebar. Return to start of sidebar.
Among these was Babcock and Brown, a major supplier for the $8 billion Air Warfare Destroyer project.

"They are looking at ways that we can expand their presence in SA," he said.

British defence company QinetiQ, which was awarded a contract to upgrade systems at Woomera is also looking at further opportunities.

So too is leading helicopter maker Sikorsky Corporation, coastal surveillance operator Cobham, and Pratt and Whitney which is developing engines for the $16 billion Joint Strike Fighter project.

Mr Foley also had discussions with the new owners of the Adelaide to Darwin rail link, Genesee and Wyoming who want to expand operations in anticipation of the mining boom.

While no contracts or deals were signed, Mr Foley says taxpayers are getting value for money for maintaining SA's defence supremacy among other Australian states.

"It requires a lot of personal relationship building and consistently putting your face in front of theirs in terms of touting for business and showing a hunger ... very few, if any other state offers."

http://www.adelaidenow.com.au/news/south-australia/foley-mis…

[coolrunning]

_U_P_D_A_T_E_D _ A_N_A_L_Y_S_I_S_ 6-May-10 01:15 am
Status: Oversold- Undervalued
Recommendation: STRONG BUY
P/E 11.95


Rationale: Broke 200/100/50
Signals: Market Cap is less than order book ($217 Mill) which surpasses best MRAP Q and $130M cash. ER was tactically a pre-staging for the Age of Ocelot WITH record profits on next ER.
Management is setting up for the perfect buyout.
Valuation: $11+


NEWS

May 4, 2010 - Force Protection Receives $62.4 Million Award for 60 Buffalo Vehicles Business Wire(Wed 7:30AM EDT)

May 4, 2010, - Force Protection Inc. said Tuesday that the U.S. Marine Corps is buying 30 of its mine-resistant Cougar armored vehicles for $24 million.

April 27, -Force Protection, Inc. received a contract from the United Kingdom Ministry of Defence (MoD) for the purchase of two Ocelot vehicles for further testing in respect of the Light Protected Patrol Vehicle (LPPV) program.

April 2
Force Protection awarded $82M contract modification for ISS kits Force Protection (FRPT) was awarded an $82.33M firm-fixed-priced modification to contract for the purchase of 755 independent suspension system, or ISS, kits. Work is expected to be completed by 31 December 2010.

March 22
Canada begins competition for new light 4 wheels.
FRPT Ricardo Ocelot has them covered.

March 8 (Reuters) - Defense contractor Force Protection Inc (FRPT.O) posted better-than-expected quarterly results, helped by strength at its modernization, spares and sustainment business

Feb 24, 2010
The Joint All-Terrain Modular Mobility Asset (JAMMA) was built as a first response vehicle to better equip and protect those who put their lives at risk in crisis situations. A technological leap over similar vehicles, this high performance platform can handle challenging terrain at high speeds even with a combat payload. JAMMA has innovative rollover protection and modular, threat-specific armor for multiple mission profiles - reconnaissance, rescue/recovery, med-evac, mobile security, and more. The optional state-of-the-art hybrid engine optimizes vehicle efficiency and generates 22kW of continuous exportable power. Plus, it can be transported inside the V-22 Osprey or larger aircraft.

Feb 23, 2010
Force Protection Receives Order for Cougar Mastiff Vehicles
Force Protection, Inc. (NASDAQ: FRPT) today announced that it has received an order for 23 Cougar Mastiff Explosive Ordinance Disposal (EOD) variants to be delivered to the United Kingdom via a Foreign Military Sales (FMS) contract from Marine Corps Systems Command. The undefinitized contract has a value not to exceed $16.1 million.

[coolrunning]

http://www.dailyfinance.com/company/force-protection-inc/frp…

Brennen sollen sie.....

[kontaktfenster]

Antwort auf Beitrag Nr.: 39.848.297 von coolrunning am 20.07.10 15:13:31

150 k ... da ist es wohl doch jemandem zu heiß geworden ... ?

[kyron7htx]

Antwort auf Beitrag Nr.: 39.851.550 von kontaktfenster am 20.07.10 22:08:02

Press Release Source: Force Protection, Inc. On Tuesday July 20, 2010, 3:43 pm
LADSON, S.C.--(BUSINESS WIRE)--Force Protection, Inc. (NASDAQ: FRPT - News), a leading designer, developer and manufacturer of survivability solutions and provider of total life cycle support for those products, today announced it has received notification from the Government of Canada that it has been selected to continue in the procurement for the Tactical Armored Patrol Vehicle Project (“TAPV”). Force Protection responded to the Solicitation of Interest and Qualification (SOIQ) phase with their Cougar 4x4 and 6x6 variants in June 2010. In addition to the two Cougar variants, seven vehicles from other equipment manufacturers have been selected in the TAPV program to now move into the Request for Proposal (“RFP”) phase. The procurement is for up to 600 vehicles and related long term support services. Contract award to the final selected bidder is expected in 2011.

Randy Hutcherson, Chief Operating Officer of Force Protection, Inc. commented, “We are pleased that we have been selected to continue in the TAPV competition in Canada. The Cougars and Buffalos currently in service with the Canadian Forces are proven to save lives and perform critical missions to the efforts in Afghanistan. We look forward to responding to the request for proposal and continuing to build on our strong relationship with the Canadian Forces.”

[coolrunning]

http://www.mod.uk/DefenceInternet/DefenceNews/DefencePolicyA…

[coolrunning]

22.07.2010 20:08
Force Protection to Announce Second Quarter Fiscal 2010 Results
Force Protection, Inc. (NASDAQ: FRPT) today announced that it will release financial results for its second quarter ended June 30, 2010, on Tuesday, August 3, 2010, after the market close. A conference call to discuss those results will be held at 4:30 p.m. Eastern Time that same day and will include comments from Michael Moody, Chairman and Chief Executive Officer; Charles Mathis, Chief Financial Officer; and, Randy Hutcherson, Chief Operating Officer. A question and answer session will follow the management commentary portion of the call.

To listen to the call, dial 866.804.6926 (for international, dial 857.350.1672) five to ten minutes prior to the scheduled start time and provide passcode 82975186. A live Webcast will also be available at that time on the Company's website, www.forceprotection.net, under the "Investor Relations" section. Please visit the website at least 15 minutes prior to the call to register for the webcast and download any necessary software. A replay will be available two hours after the end of the call through midnight Tuesday, August 17, 2010. To access the replay, dial 888.286.8010 (for international, dial 617.801.6888) and enter passcode 81570978, or visit the "Investor Relations" section of the Company's Web site.

[coolrunning]

63,9 % sind in den Händen von Instis, Fonds....
ca. 10 % bei BoD, Mitarbeitern und privaten Investoren...

Bin mal auf die nächste short-Rate gespannt, denn die Zahlen am 03.08 dürften positiv ausfallen.

[coolrunning]

Earnings Alert: Force Protection is Expected to Beat the Street Consensus When It Reports Earnings (FRPT)
Written on Sun, 07/25/2010 - 5:25pmBy Chip Brian
Analysts, on average, expect Force Protection (NASDAQ:FRPT) to report earnings of $0.06 on sales of $158 million on August 03, 2010.
For the full year, analysts expect the company to post EPS of $0.37. In the year-ago period, the company reported EPS of $0.01 on sales of $187 million.
In the previous quarter, the company reported EPS of $0.02, missing consensus estimates of $0.07.
SmarTrend is bearish on shares of Force Protection and our subscribers were alerted to Sell on May 06, 2010 at $4.62. The stock has fallen 4.2% since the alert was issued.

[coolrunning]

Force Protection and SNC-Lavalin Announce Partnership
Author: Force Protection, Inc.
Publisher: Force Protection, Inc.
Date: 07/27/2010

Ladson, SC (July 27, 2010) -- Force Protection Industries, Inc., a wholly-owned subsidiary of Force Protection Inc. (NASDAQ:FRPT), a leading designer, developer and manufacturer of survivability solutions and provider of total life cycle support for those products, and SNC-Lavalin Defense Contractors, Inc. (TSX:SNC), a Canadian-based provider and one of the leading engineering and construction groups in the world, today announced the formation of a strategic partnership to collaborate on the solution for the Canadian Government’s Tactical Armoured Patrol Vehicle (“TAPV”) program.

Force Protection Industries, Inc. previously announced that it has been selected by the Canadian Government as one of the competitor companies to provide up to 600 vehicles and related long term support services, with contract award to the final selected bidder in 2011.

Randy Hutcherson, Chief Operating Officer for Force Protection Industries, Inc., said, “We are very pleased to partner with SNC-Lavalin, a highly-respected and experienced company in the Canadian defence sector, to provide the winning solution for the TAPV project. Force Protection Industries and SNC are committed to providing the Canadian Forces with the safest, most reliable vehicle while investing in Canadian industry. We are looking forward to working with SNC as they have a wide range of capabilities and experience that will help shape the winning technical, support, and industrial and regional benefit solution for the Canadian government that will help save the lives of Canadian soldiers.”

Peter Langlais, Senior Vice President and General Manager for SNC, commented, “Force Protection is bringing its expertise in design and supportability for its highly successful Cougar vehicles as the platform for the TAPV solution. Cougars are currently in use by Canada and have been instrumental in ensuring the safe transport of the men and women of the Canadian Forces. The Cougar TAPV will be specifically designed to meet the Canadian Government’s requirements. The primary manufacturing and supportability will be completed in Canada, and Force Protection and SNC will work closely together with other Canadian partners to ensure that Canadian troops get the best possible solution available in terms of safety and performance, as well as a great value for the government.”

[coolrunning]

Kleinvieh macht auch Mist....

http://contracting.tacom.army.mil/confls/awd/W56HZV10C0379/0…" target="_blank" rel="nofollow ugc noopener">http://contracting.tacom.army.mil/confls/awd/W56HZV10C0379/0…

[Gexe006]

Force Protection Industries, Inc., Ladson, S.C., is being awarded a $5,592,594 firm-fixed price modification under previously awarded contract (M67854-07-D-5031) delivery order #0016, for a five-month extension of 36 field service representatives to complete independent suspension system kit installation on the Cougar Mine Resistant Ambush Protected vehicle fleet. All work will be performed in Bagram, Afghanistan, and is expected to be completed by June 30, 2011. Contract funds will expire at the end of the current fiscal year. Marine Corps Systems Command, Quantico, Va., is the contracting activity.

Force Protection Industries, Inc., Ladson, S.C., is being awarded a $5,592,594 firm-fixed-price modification under previously awarded contract (M67854-07-D-5031) delivery order #0017, for a five-month extension of 36 field service representatives to complete independent suspension system kit installation on the Cougar Mine Resistant Ambush Protected vehicle. All work will be performed in Kandahar, Afghanistan, and is expected to be completed by June 30, 2011. Contract funds will expire at the end of the current fiscal year. Marine Corps Systems Command, Quantico, Va., is the contracting activity.

http://www.defense.gov/contracts/contract.aspx?contractid=43…

[coolrunning]

Weitere Mios... schön.

Auch das:


Afghanistan-Krieg: US-Kongress erhöht Budget
Der US-Kongress hat grünes Licht für zusätzliche Milliarden Dollar für den Afghanistan-Krieg gegeben. Mit grosser Mehrheit stimmten die Abgeordneten einer Erhöhung des Budgets um 33 Milliarden Dollar zu. Das zusätzliche Geld ist hauptsächlich wegen der Entsendung von weiteren 30.000 US-Soldaten nötig.
http://www.noows.de/afghanistan-krieg-us-kongress-erhoht-bud…

... und die brauchen Fahrzeuge....

Am 03.08 gibt´s die Q-Zahlen....

[wohinistmeinGeld]

Antwort auf Beitrag Nr.: 39.895.262 von coolrunning am 29.07.10 11:17:53

und die brauchen Fahrzeuge

[coolrunning]

Antwort auf Beitrag Nr.: 39.900.800 von wohinistmeinGeld am 30.07.10 00:44:10

Das ist ja ein sehr qualifizierter Beitrag von dir.

Kannst du das auch in Worte fassen ?

Naja, macht ja nichts ....


Hier mal etwas Neues:

02.08.2010 15:39
Force Protection Receives $19.9 Million Field Service Awards

Force Protection Industries, Inc., a wholly-owned subsidiary of Force Protection Inc. (NASDAQ:FRPT), a leading designer, developer and manufacturer of survivability solutions and provider of total life cycle support for those products, today announced that it has received firm fixed price modifications to existing contract M67854-07-C-5031 with a total value of approximately $19.9 million for continuing field service support work in Afghanistan, Kuwait and the continental United States. All work under these modifications is expected to be complete in August, 2011.

Randy Hutcherson, Chief Operating Officer for Force Protection Industries, Inc., said, "These awards allow us to continue the important upgrade and sustainment work on the installed Cougar fleet in the Middle East. The vehicle's capabilities are significantly enhanced for the harsh conditions in Afghanistan through the completion of this work."

[coolrunning]

Earnings Alert: Force Protection is Expected to Beat the Street Consensus When It Reports Earnings (FRPT)
Written on Mon, 08/02/2010 - 10:18amBy Chip Brian
Analysts, on average, expect Force Protection (NASDAQ:FRPT) to report earnings of $0.06 on sales of $158 million on August 03, 2010.
For the full year, analysts expect the company to post EPS of $0.37. In the year-ago period, the company reported EPS of $0.01 on sales of $187 million.
In the previous quarter, the company reported EPS of $0.02, missing consensus estimates of $0.07.
SmarTrend is bearish on shares of Force Protection and our subscribers were alerted to Sell on May 06, 2010 at $4.62. The stock has fallen 3.1% since the alert was issued.

[kyron7htx]

Antwort auf Beitrag Nr.: 39.914.985 von coolrunning am 02.08.10 19:10:02

Gibt die Aktie aufgrund von Analystenschätzungen nach?!

[coolrunning]

Antwort auf Beitrag Nr.: 39.915.392 von kyron7htx am 02.08.10 20:24:32

Hast du negative Analystenmeinungen gelesen ?

Morgen abend gibt es die Zahlen und die sollten wieder gut ausfallen, oder ?

Schau´n mer mal...

[wohinistmeinGeld]

Antwort auf Beitrag Nr.: 39.913.762 von coolrunning am 02.08.10 16:30:53

Ich denke, solangsam merken die Amis das man einen Krieg gewinnt indem man den Gegner ausschaltet und nicht indem man sich hinter Panzerwänden und Mauern verkriecht. Deshalb wir meiner Meinung nach wieder die aktive Bewaffnung in Vordergrund treten und force wird nicht viel abbekommen, wenn überhaupt was.

[coolrunning]

Antwort auf Beitrag Nr.: 39.916.489 von wohinistmeinGeld am 03.08.10 00:23:36

Bei 30000 Mann, die hinzukommen sollen, werden alle Arten von Fahrzeugen benötigt, denn die gehen nicht zu Fuß.
Sowohl offensive, wie auch defensive Fahrzeuge... Minen(IED)-Sucher (Buffalo)
Selbst FRPT hat Fahrzeuge mit leichter Bewaffnung.
Ich bin anderer meinung - FRPT wird davon etwas abbekommen - wir werden sehen.


http://www.fool.com/investing/small-cap/2010/08/02/force-pro…

[coolrunning]

http://www.schaeffersresearch.com/commentary/observations.as…" target="_blank" rel="nofollow ugc noopener">http://www.schaeffersresearch.com/commentary/observations.as…

[Gexe006]

Force Protection Announces Results for 2010 Second Quarter
Author: Force Protection, Inc.
Date: 08/03/2010

LADSON, S.C. – August 3, 2010 – Force Protection, Inc. (NASDAQ: FRPT), a leading designer, developer and manufacturer of survivability solutions and provider of total life cycle support for those products, today reported financial results for the three and six months ended June 30, 2010.

Michael Moody, Chairman and Chief Executive Officer of Force Protection, Inc., said, “Our solid financial performance during the 2010 second quarter was a direct result of successfully executing on our strategy to build on our base business. One significant highlight of the quarter was a much improved gross margin, and we remain focused on driving incremental efficiencies that are sustainable for the long-term.”

Mr. Moody continued, “For the first seven months of 2010, we have secured approximately $480 million in new awards for vehicle deliveries and modernization, as well as spares and sustainment services. In addition, based on the continued needs of our customers, we expect additional contracts in all categories of revenue in the coming months. This bodes well for a strong second half of 2010 and provides important momentum as we move into 2011.”

Second Quarter Comparison
In the second quarter of 2010, the Company reported net sales of $137.1 million versus $187.1 million in the second quarter of 2009. Contributing to the decrease were lower spares and sustainment sales, which were partially offset by increased modernization revenues.

Operating income was $7.3 million in the second quarter of 2010 as compared to $0.6 million in the prior year period. The combination of a higher gross margin and lower general administrative expenses contributed to the year-over-year increase.

The Company was pleased to record a 23.1 percent gross margin during the 2010 second quarter, which was primarily associated with improvements in program cost management and related contract negotiations. The Company notes that its gross margins can fluctuate quarter over quarter due to the mix and timing of contract negotiations and contract awards. As such, the Company continues to target a long-term gross margin of approximately 20 percent.

Net income for the second quarter of 2010 was $4.8 million, or $0.07 per diluted share, as compared to $0.4 million, or $0.01 per diluted share, for the 2009 second quarter.

Year to Date Comparison
For the six months ended June 30, 2010, the Company reported net sales of $272.0 million versus $371.9 million for the six months ended June 30, 2009. Contributing to the decrease were lower spares and sustainment and vehicle sales, which were partially offset by increased modernization revenues.

Operating income was $9.1 million for the six months ended June 30, 2010 as compared to $12.1 million in the prior year period. The 2010 year-to-date decrease was primarily associated with lower net sales, although at a higher gross margin percentage, which was partially offset by a reduction in general administrative expense during the current year period.

Net income for the six months ended June 30, 2010 was $5.9 million, or $0.08 per diluted share, as compared to $7.8 million, or $0.11 per diluted share, for the comparable prior year period.

Financial Position
As of June 30, 2010, the Company’s cash and inventories were $120.8 million and $72.9 million, respectively. In addition, accounts receivable was $147.5 million and accounts payable was $60.5 million as of June 30, 2010.

The decline in the Company’s cash position from December 31, 2009 was primarily associated with the timing of final contract negotiations, product deliveries and customer billings. The Company expects this trend to reverse in the second half of 2010.

Randy Hutcherson, Chief Operating Officer of Force Protection, Inc., commented, “As we expected, our second quarter financial performance reflected an improvement over the 2010 first quarter, and our outlook for the remainder of the year remains strong. Driving our progress is a steadfast focus on ensuring that we exceed our customers’ needs by providing top-quality vehicles and related services, which has resulted in substantial awards for new business that will carry well into next year. Complementing these efforts, we are aggressively pursuing additional vehicle and service programs both internationally and domestically.”

Significant Business Development Initiatives
The Company’s Ocelot platform has performed well in its testing and offers unprecedented levels of survivability and maneuverability for a vehicle of its size and weight. The vehicle remains in competition for the United Kingdom Ministry of Defense (U.K. MoD) Light Protected Patrol Vehicle (LPPV) program, with a selection by the U.K. MoD of the preferred bidder expected in September. The U.K. MoD has stated the LPPV program is an Urgent Operational Requirement, with an anticipated initial buy of at least 200 vehicles and related long-term support with production scheduled to begin in early 2011.

The Ocelot was recently down-selected to continue competitive prototyping in the Manufactured and Supported in Australia option for that military’s Protected Mobility Vehicle-Light Land 121 Phase 4 program. The program is designed to optimize Australia’s long-term core fleet, and could lead to a manufacturing contract for up to 1,300 vehicles, trailers and related extended services. A decision as to the next down select could come as early as 2011 with production beginning no earlier than late 2012. The Company is also pursuing other international and domestic requirements for the Ocelot given its unique operating characteristics.

The Company’s Joint All-Terrain Modular Mobility Asset (JAMMA) vehicle is undergoing testing in advance of the upcoming Air Force Material Command’s Guardian Angel Air-Deployable Rescue Vehicle program. The JAMMA is a unique armor-ready, four-occupant, hybrid, high-performance vehicle certified to be internally transportable in the V-22 Osprey. It also has the highest power-to-weight and payload-to weight ratios available on the market. Beyond the Guardian Angel program, the Company believes the vehicle will meet the requirements of special operations forces for a number of militaries worldwide.

In addition to pursuing substantial opportunities for its new vehicles, the Company is enjoying continued progress in business development efforts surrounding its established fleet of vehicles. The Canadian government has recently down selected the Cougar 4X4 and Cougar 6X6 as potential solutions for the Tactical Armored Patrol Vehicle program in support of enhancing its core fleet of military assets. The procurement is for up to 600 vehicles and related long-term support services, with a contract award to the final selected bidder expected in 2012 and resulting production beginning in 2013.

 
Outlook
Mr. Hutcherson continued, “The Buffalo and Cougar vehicle families continue to be highly-sought assets that we expect will remain in the core fleets of a number militaries worldwide for many years to come. In addition, the Ocelot and JAMMA are gaining substantial global attention due to their unique and valuable operating characteristics. As such, we continue to anticipate orders well into the future for vehicles not only from our current base of customers, but from others that value the unparalleled level of protection and sustainability offered by our products.

“Complementing our vehicle design, development and production efforts, our decision in 2009 to establish a formal Total Life Cycle Support organization to support the long-term operations of our customers has proven extremely beneficial. While our near-term spares and sustainment revenue is being impacted by previous years’ buildup of inventory when initial vehicles were ordered, our modernization business has benefited and is expected to grow throughout 2010. We expect modernization, as well as spares and sustainment, will remain important components of our revenue in the future. This places us in a strong position for the remainder of the year and provides important visibility in 2011 and beyond.”

The Company currently estimates that more than three-quarters of its internally targeted revenues for the second half of 2010 are either under contract or nearing completion of agreement to terms. For 2011, the Company expects the high level of operational tempo in Afghanistan to continue throughout the year. The Company anticipates its significant base of operations related to Buffalo and Cougar vehicles and modernization, spares and sustainment should support $400 million to $500 million of recurring revenues.

Mr. Moody concluded, “Our solid second quarter results and positive outlook are clear indicators that our strategic initiatives to maximize our product offerings and drive increased efficiencies are working. Our current business provides a significant platform of annual recurring revenue that extends well beyond the current military campaign in the Middle East, and we are taking important steps to build on this base by aggressively pursuing additional vehicle and related support programs that leverage our investment in innovative development surrounding existing and new products.

“Complementing these efforts, we are evaluating opportunities to broaden our portfolio of marketable survivability solutions through prudent acquisitions, investments and partnerships. This will provide an even further increase in the predictability and visibility of our business, with the underlying premise of driving increased long-term value for our shareholders.”

Enhanced Investor Relations Website
In order to provide additional content and easier access to information of interest to investors, the Company has enhanced the “Investor Relations” section of its website --- www.forceprotection.net. Please visit the website to review the Company’s SEC filings, governance, ownership data, detailed financials, fundamentals, interactive charting, event calendars, analyst coverage/estimates, downloadable presentations, and other important information. Investors can also sign-up for email alerts for related to the Company’s SEC filings, news and calendar events, as well as RSS feeds.

Conference Call Information
The Company will hold a conference call today at 4:30 p.m. Eastern Time to discuss these results. The call will include comments from Michael Moody, Chairman and Chief Executive Officer; Charles Mathis, Chief Financial Officer; and, Randy Hutcherson, Chief Operating Officer. A question and answer session will follow the management commentary portion of the call.

To listen to the call, dial [phone] (for international, dial [phone]) five to ten minutes prior to the scheduled start time and provide pass code 82975186. A live Webcast will also be available at that time on the Company’s website, www.forceprotection.net, under the “Investor Relations” section. Please visit the website at least 15 minutes prior to the call to register for the webcast and download any necessary software. A replay will be available two hours after the end of the call through midnight Tuesday, August 17, 2010. To access the replay, dial [phone] (for international, dial [phone]) and enter pass code 81570978, or visit the “Investor Relations” section of the Company’s Web site.

About Force Protection, Inc.
Force Protection, Inc. is a leading designer, developer and manufacturer of survivability solutions, including blast- and ballistic-protected wheeled vehicles currently deployed by the U.S. military and its allies to support armed forces and security personnel in conflict zones. The Company’s specialty vehicles, including the Buffalo, Cougar and related variants, are designed specifically for reconnaissance and urban operations and to protect their occupants from landmines, hostile fire, and improvised explosive devices (IEDs, commonly referred to as roadside bombs). Complementing these efforts, the Company is designing, developing and marketing new vehicle platforms (including the Ocelot & JAMMA) that provide increased modularity, speed, mobility and concealment with enhanced levels of blast- and ballistic-protection. The Company also develops, manufactures, tests, delivers and supports products and services aimed at further enhancing the survivability of users against additional threats. In addition, the Company provides long-term life cycle support services of its vehicles that involve development of technical data packages, supply of spares, field and depot maintenance activities, assignment of highly-skilled field service representatives, and advanced on and off-road driver and maintenance training programs. For more information on Force Protection and its products and services, visit www.forceprotection.net.

Safe Harbor Statement
This press release contains forward looking statements that are not historical facts, including statements about our beliefs and expectations. These statements are based on beliefs and assumptions of Force Protection’s management, and on information currently available to management. These forward looking statements include, among other things: the growth, demand and interest for Force Protection’s services and vehicles, including the Buffalo, Cougar, Ocelot and JAMMA; expectations for future modernization and service-related contracts; the ability to meet current and future requirements; the Company’s execution of its business strategy and strategic transformation, including its development initiatives and opportunities to broaden its platform; and, the Company’s expected financial and operating results, including its revenues, cash flow and gross margins, for future periods. Forward-looking statements speak only as of the date they are made, and the Company undertakes no obligation to update any of them publicly in light of new information or future events. A number of important factors could cause actual results to differ materially from those contained in any forward-looking statements. Examples of these factors include, but are not limited to, ability to effectively manage the risks in the Company’s business; the ability to develop new technologies and products and the acceptance of these technologies and products; and, the other risk factors and cautionary statements listed in the Company’s periodic reports filed with the Securities and Exchange Commission, including the risks set forth in the Company’s Annual Report on Form 10-K for the year ended December 31, 2009 and as updated in the Quarterly Report on Form 10-Q for the quarter ended June 30, 2010.

http://www.forceprotection.net/news/news.html?id=363

[coolrunning]

Das ist doch alles sehr erfreulich und sollte den Kurs beflügeln.
Wir sind auf einem guten Weg.

[coolrunning]

Financial Position

As of June 30, 2010, the Company's cash and inventories were $120.8 million and

$72.9 million, respectively. In addition, accounts receivable was $147.5

million and accounts payable was $60.5 million as of June 30, 2010.

[kyron7htx]

Waren die Zahlen nicht gut?! Was für ne Schrottaktie. Dümpelt immer zw. 4 u. 4,50$. Dead money.

[kyron7htx]

Protection: Strengths, Weaknesses, Opportunities, Threats
By Rich Smith | More Articles
August 2, 2010 | Comments (0)

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Once upon a time, a tiny defense upstart by the name of Force Protection (Nasdaq: FRPT) took the investing world by storm, hawking a ballyhooed "Cheetah" light armored car in Congress, and stealing a march on larger rivals like BAE Systems, General Dynamics (NYSE: GD), and Textron (NYSE: TXT) in the race to build "mine-resistant, ambush-protected" vehicles for use in Iraq.

But after several design losses, and with the Iraq War winding down and American commitment to keeping troops even in Afghanistan questionable, defense investors may wonder: Will Force be forced out of the defense business? When charting a stock's future, it often helps to conduct a dispassionate analysis of the company's strengths, weaknesses, opportunities, and threats -- the so-called "SWOT" criteria. That's what we aim to do with Force today.

Strengths:

Force's key strength as an investment today has to be its valuation. Selling for just 0.33 times sales, the stock carries a huge discount from the 1-times-sales valuation similar defense contractors often command. General Dynamics and Boeing (NYSE: BA) both cost more than twice as much under this metric, while Lockheed Martin (NYSE: LMT) and Textron carry valuations nearly twice as high as Force's.
Business-wise, the biggest weapon in Force's arsenal is the huge "installed base" of Force-built MRAPs in the field. As the company evolves from selling MRAPs to designing whatever new vehicle the Army needs to defeat future challenges, Force's strong recurring revenues from servicing and repairing the trucks it's already built will cushion the transition.
Weaknesses:

Which is not to say the transition will be easy. Force's free cash flow has fallen off a cliff this year, with trailing FCF now down to just $14.1 million. That's better than the company did when it was building MRAPs "full speed ahead, and worry about collecting bills later." But it's a far cry from what the company accomplished in 2008-2009.
Probably the company's biggest weakness, though, is the lack of a clear reason to exist. If the Iraq and Afghanistan conflicts go away, and the Pentagon hunkers down on spending, who's going to buy all those armor-plated trucks Force used to build?
Opportunities:

Foreigners, hopefully. As the U.S. cuts back on spending, Force is hoping to replenish its revenue stream by bidding to fulfill our allies' armored vehicle needs. Investors today have fingers crossed that Force's Ocelot can win one or both of two competitions in which it's running, the U.K.'s Light Protected Patrol Vehicle contract, and Australia's Protected Mobility Vehicle -- Light contest.
And Uncle Sam still comes through for Force every once in a while, too. In May, for example, the Army Tank-Automotive and Armaments Command placed a mammoth order for 60 Buffalo mine-clearing MRAPs -- $62.4 million in revenues in one fell swoop.
Threats:

Maintaining its position in a field dominated by hungry rivals (on a starvation diet) is going to be a neat trick for Force, however. And probably the worst threat the company faces is that, in the event it lucks out and against all odds wins a big contract -- it may struggle to fulfill it, and leave money on the table. That's what happened with MRAP, as you may recall. Unable to meet Pentagon demands for volume production, Force had to get in bed with General Dynamics, and left a lot of cash on the table.
And even that didn't save Force when other rivals swooped in to eat its lunch. Navistar (NYSE: NAV), Oshkosh (NYSE: OSK) -- even General D itself. Time and again, companies with bigger manufacturing operations stole contracts out from under Force's proverbial nose, in a market that Force itself created.
Playing the role of insurgent mouse on a field trampled by elephants won't come easily to this maker of anti-IED armored vehicles. But if it's to survive, it's going to have to learn.

Fortunately, after two flush years of positive free cash flow, Force is strong-in-the-cashbox. And with free cash flow down, but still positive, that cash pile is in little danger of evaporating right away. With more than 40% its market cap comprised of cold, hard cash in the bank, and more coming in the door with each passing day, Force has the financial wherewithal to take some time and figure out what it wants to be when it grows up.

Or that's my take on the company's SWOT. But if you see blanks that need filling in, feel free to weigh in with a comment below.

Looking for other high-tech defense prospects for your portfolio? Check out Motley Fool Rule Breakers, where we're looking into options in everything from UAVs to missile defense, from bomb-proof trucks to bulletproof soldiers. Thirty-day free trials are available on demand.

[deadia]

Antwort auf Beitrag Nr.: 39.929.919 von kyron7htx am 04.08.10 20:21:44

Du hast doch zu 2 $ verkauft?!
Also verkaufen und nicht ärgern.
Investiere "Dead Money" halt anderswo.

Gruß

[deadia]

Antwort auf Beitrag Nr.: 39.932.666 von kyron7htx am 05.08.10 10:34:24

Sorry, sollte heißen - gekauft -

[kyron7htx]

Antwort auf Beitrag Nr.: 39.933.008 von deadia am 05.08.10 11:08:37

Nein für 1,45$. Leider habe ich nicht für knapp 10$ verkauft. Zu gierig. Öfter mal Gewinne mitnehmen. Wo liegt denn jetzt noch die Phantasie. Ocelot? Irgendwann ist es vorbei mit Irak und Afghanistan.

[kyron7htx]

Three Manufacturing Stocks Should Grind Ahead: Commentary by John Dorfman
By John Dorfman - Aug 9, 2010 3:00 AM GMT+0200 Email Share
Business Exchange Twitter Delicious Digg Facebook LinkedIn Newsvine Propeller Yahoo! Buzz Print Bloomberg Opinion

John Dorfman
Manufacturing has been one of the main drivers of the U.S. economic recovery. That engine seems in danger of stalling.

The industrial production index from the Federal Reserve Board advanced 0.1 percent in June, down from a robust 1.3 percent in May. July figures haven’t yet been released.

Another widely watched gauge is an index of manufacturing activity issued by the Institute for Supply Management. The indicator, called the PMI Index, dropped to 55.5 in July from 56.2 in June.

These two indicators are among those that make many investors worry about a possible double-dip recession. My view is more optimistic: I believe that U.S. manufacturing will reaccelerate later this year.

One reason these figures don’t shake my confidence too much is that I’m old. Having lived through nasty recessions in the early 1970s and 1980s, I can testify that recoveries are rarely neat and smooth.

Think back (if you, too, are old enough) to the recession that raged during Ronald Reagan’s first term as president. Unemployment in late 1982 hit 10.8 percent.

The PMI index hit a record low of 29.4 in May 1980. Then it rose fairly steadily, to 69.9 by December 1983. The gauge weakened and dipped below 50 -- indicating contraction -- from February through September of 1985. Yet it revived, and today we remember the second half of the 1980s as a boom time.

Stay Calm

In short, it’s easy to panic based on a few months of negative readings in a couple of benchmarks. One key to successful investing is separating noise from underlying trends.

Economic data always send mixed signals. As my mentor David Dreman said, indicators often resemble a traffic light that flashes red, green and yellow simultaneously.

At the moment, I am impressed by the profit reports coming out of many large and mid-sized companies. Rising profits usually presage improvement in other areas such as employment.

Hidden in the July PMI report was some good news. The portion dealing with employment showed a reading of 58.6, up from 57.8 in June.

Manufacturing payrolls rose by 36,000 in July, according to Labor Department data released Friday. The figure exceeds the median forecast of a 13,000 increase made by economists surveyed by Bloomberg.

Here are three manufacturing stocks that I think could hold their own in a listless economy and perform quite well if growth picks up.

Honeywell International Inc. of Morris Township, New Jersey, is one candidate. You may well have a Honeywell thermostat in your home. The company also makes aircraft engines, auto products, advanced materials and other products.

Tangerine Effect

Honeywell stock sells for about $43, less than it fetched almost a decade ago when it ended 2000 at about $47. The company seems to have lost some of its spirit after unsuccessful attempts a decade ago to sell itself, first to United Technologies Corp. and then to General Electric Co.

For investors, Honeywell has one attribute that might be quite lucrative: It is a tangerine. By that I mean that it consists of many discreet segments, which could easily be separated, spun off or sold. It is a financial engineer’s dream.

Meanwhile, Honeywell’s status quo isn’t too shabby. It earned a 27 percent return on equity in 2009. The stock sells for one times revenue and 13 times earnings.

Force Protection Inc., with headquarters in Ladson, South Carolina, makes blast-resistant vehicles used by the military and some law enforcement agencies.

Remaining in Afghanistan

Force Protection has a beautiful, debt-free balance sheet. Its stock sells for seven times earnings, less than book value (assets minus liabilities per share) and 0.3 times revenue. That is extremely cheap. Presumably investors think the company’s earnings will drop sharply when the U.S. leaves Iraq and Afghanistan. I believe that U.S. troops will stay in Afghanistan for quite a while, and there will unfortunately be other hot spots in the future.

Investors may also recoil from the company’s history of losses: It reported losses from 1997 through 2005. Since then, the company has posted a profit each year.

I’ll close with Curtiss-Wright Corp., based in Parsippany, New Jersey, which manufactures parts for the aerospace and energy industries as well as precision metal work.

The “Wright” in the company’s name harks back to the Wright brothers, who made their historic first flight in 1903. The Wright brothers’ association with a predecessor company was fairly brief. More important in the company’s history was Glenn Curtiss, another early aviation pioneer.

Last year 58 percent of its sales were to civilian customers while 42 percent were military related. The company has averaged 9 percent earnings growth and 14 percent sales growth over the past five years. I think the stock is attractively priced at 14 times earnings and 0.8 times revenue.

Disclosure note: I have no long or short positions in the stocks discussed in this week’s column, personally or for clients.

(John Dorfman, chairman of Thunderstorm Capital in Boston, is a columnist for Bloomberg News. The opinions expressed are his own. His firm or clients may own or trade securities discussed in this column.)

To contact the writer of this column: John Dorfman at [e-mail]

[kyron7htx]

'Flying Robot' pilot helps find IEDs in Helmand
An Equipment and Logistics news article
11 Aug 10


Lance Corporal Rob McInerney is currently working at the forefront of counter-IED operations in Afghanistan piloting the 'Flying Robot', which is part of the Talisman counter-IED system.


Lance Corporal Rob McInerney stands in front of a Buffalo mine protected vehicle, part of the Talisman suite
[Picture: Captain Leanne Christmas, Crown Copyright/MOD 2010]
Talisman has been designed to provide an increased level of assurance along routes throughout the region. It consists of a suite of cutting-edge equipment, including armoured vehicles, optical cameras and remote-controlled vehicles.

This life-saving equipment is being used to support combat logistic patrols, which can comprise several hundred vehicles and trek through the country delivering vital supplies to bases for the troops on the front line.

Lance Corporal Rob McInerney, aged 26, serves with 15 Field Support Squadron, part of 38 Engineer Regiment - the first troops to use the new system on the ground in Afghanistan. See Related News.

His role is to pilot the MAV (Micro Air Vehicle), otherwise known as the 'Flying Robot' or 'T-Hawk':

"The MAV is a great piece of kit and complements the rest of the equipment," he said. "The MAV has two cameras which feed information back to a laptop so that the commander is then better placed to make decisions.



Talisman's 'Flying Robot' component, the Micro Air Vehicle
[Picture: Andrew Linnett, Crown Copyright/MOD 2010]


"We have been involved in a few contacts on a couple of the operations that we have been on, which made the day interesting! The most satisfying part of the tour for me is when we get the guys to their destination safely; after all, that is the aim of our job!"

Lance Corporal McInerney has been with 15 Field Support Squadron, based in Ripon, North Yorkshire, since they re-roled from a Field Support Squadron in which he was a plant operator:

"It has been good to learn something new but I am looking forward to getting back to plant," he said.

He is also looking forward to getting back to the UK to see his fiancée, Laura, and his daughter, Anna, who is only five months old:

"She was born two weeks before I came out here so it will be amazing to see the difference in her now," he added.



The Talisman-fitted Mastiff 2 - known as 'Protected Eyes' - sports an unmanned auxiliary vehicle which leads the way along unproven routes
[Picture: Crown Copyright/MOD 2010]


Lance Corporal McInerney has two other brothers serving in the Army. One is serving with the Royal Signals and the other is due to deploy on operations quite soon. He said:

"My brother Dave, who is in 9 Para[chute] Squadron, Royal Engineers, is due to deploy to Afghanistan on the next tour and I wish him good luck."

Talisman

Talisman is a suite of vehicles, operated by the Royal Engineers, that clears routes of IEDs and mines. It was bought as an Urgent Operational Requirement worth more than £180m.

[kyron7htx]

!

Dieser Beitrag wurde vom System automatisch gesperrt. Bei Fragen wenden Sie sich bitte an [e-mail]

[Hufeland]

Force Protection Industries, Inc., Ladson, S.C., is being awarded a $14,587,314 firm-fixed-price contract modification under previously awarded contract (M67854-07-D-5031) to purchase 43 field service representatives and standard consumable kits to support operations at Vehicle Support Facility-Afghanistan. All work will be performed in Afghanistan, and is expected to be completed by June 30, 2011. Contract funds in the amounts of $14,587,314 will expire at the end of the current fiscal year. Marine Corps Systems Command, Quantico, Va., is the contracting activity.


Order Book Grows to HALF BILLION

This is not OSK or NAV.. a half billion in orders to a quarter billion dollar company, with no debt and $130 to $200 Million cash in pockets makes this $4.00 stock easy 3x returns. If you want to see a buyout baby watch this one.

Ich denke, mühsam ernährt sich das Eichhörnchen zur Zeit auch ohne die großen Aufträge.



Hufeland

[Hufeland]

$64 million contract...

Force Protection Industries, Inc., Ladson, S.C., is being awarded a $64,097,528 firm- fixed-price contract modification under previously awarded contract (M67854-07-D-5031) for the purchase of 1,946 seat survivability upgrade kits and the associated non-recurring engineering efforts, for installation on the Cougar CAT I A1 Mine Resistant Ambush Protected vehicles. The installations will be performed in Afghanistan (80 percent), Kuwait (5 percent), and on vehicles at home stations in the U.S. (15 percent). Work is expected to be completed by February 2011. The contract funds will not expire at the end of the current fiscal year. The Marine Corps Systems Command, Quantico, Va., is the contracting activity.

[coolrunning]

Wir werden noch dieses Jahr andere (höhere) Kurse sehen, da bin ich mir sicher.

Du kannst irgendwann nicht an den Zahlen vorbei.....

[ChrisHamburg01]

Antwort auf Beitrag Nr.: 40.018.081 von coolrunning am 20.08.10 08:38:54

Das denke ich schon seit vorletztem Jahr

[Gexe006]

Antwort auf Beitrag Nr.: 40.018.081 von coolrunning am 20.08.10 08:38:54

Da geht es mir wie Chris

Vielleicht wird es ja mal was mit dem Kurs, wenn/sollten wir den Ocelot Auftrag erhalten, alle andreren News/Kontrakte verpuffen ja zur Zeit

[coolrunning]

19.08.2010 17:59
Force Protection Receives $14.5 Million Award for Field Service Support
Continued Sustainment in Afghanistan

Force Protection Industries, Inc., a wholly-owned subsidiary of Force Protection Inc. (NASDAQ:FRPT), a leading designer, developer and manufacturer of survivability solutions and provider of total life cycle support for those products, today announced that it has received a firm fixed price modification to existing contract M67854-07-D-5031 with a total value of approximately $14.5 million for continuing Field Service Representative ("FSR") support work and Standard Consumable Kits to support Operations at Vehicle Support Facility-Afghanistan and conduct general maintenance. All work under this modification is expected to be complete by July, 2011.

Randy Hutcherson, Chief Operating Officer for Force Protection Industries, Inc., said, "Maintaining the installed Cougar fleet of vehicles is very critical to current operations. We are proud of the performance of the vehicles in the field and appreciate the continued trust and confidence our customer places in us to perform vital field service support in Afghanistan."


Es geht weiter mit den Mios

[coolrunning]

Hier eine nette Übersicht:

http://www.investorvillage.com/smbd.asp?mb=132&mn=175197&pt=…


Irgendwann werden wir für diese Treue belohnt, glaubt es mir...

[Gexe006]

Antwort auf Beitrag Nr.: 40.022.468 von coolrunning am 20.08.10 18:36:18

Das ist glaube ich die News zum Contract vom 18.08

[Highnoon120]

Wenn das kommt, schepperts.....

http://www.wnd.com/index.php?fa=PAGE.view&pageId=194409

[Highnoon120]

bei uns in den medien noch keine rede davon, bewusst?

[coolrunning]

http://www.fool.com/investing/small-cap/2010/08/25/1946-reas…

Das hört sich gut an und entspricht meiner Wahrnehmung...

[VirtualNormann]

Force Protection Featured on WIS-TV

Part 1: http://www.youtube.com/watch?v=RYeZcZ0tFTI
Part 2: http://www.youtube.com/watch?v=QZVbQMgud-4

[coolrunning]

http://www.fool.com/investing/general/2010/09/16/hows-force-…

[Hufeland]

Force Protection Industries, Inc., Ladson, S.C., is being awarded a $5,532,028 firm-fixed-price modification under previously awarded contract (M67854-07-D-5031) for a three-month extension of 70 field service representatives to complete independent suspension system kit installation on the Cougar Mine Resistant Ambush Protected vehicle fleet. All work will be performed in Kuwait. Work is expected to be completed by Dec. 31, 2010. Contract funds in the amount of $5,532,028 will expire at the end of the current fiscal year. Marine Corps Systems Command, Quantico, Va., is the contracting activity.

[Hufeland]

Antwort auf Beitrag Nr.: 40.182.090 von Hufeland am 21.09.10 00:04:34

Force Protection Europe Selected as Preferred Bidder for U.K. Light Protected Patrol Vehicle
LADSON, S.C.--(BUSINESS WIRE)--Force Protection Europe Ltd (FPE) an indirectly wholly owned subsidiary of Force Protection, Inc. (NASDAQ:FRPT - News), a leading designer, developer and manufacturer of survivability solutions and provider of total life cycle support for those products, today announced that it has been selected by the United Kingdom (U.K.) Ministry of Defence (MoD) as the preferred bidder in the Light Protected Patrol Vehicle (LPPV) program. The initial Ocelot vehicles are expected to be available for the training of U.K. forces in 2011. Formal contract negotiations (including final determination of vehicle quantities and price) between FPE and the U.K. MoD will begin shortly.

Designed, developed and to be built in the U.K. by FPE and Ricardo plc for the LPPV program, Ocelot is the best protected and most agile vehicle of its kind. At an approximate gross vehicle weight of only 16,500 pounds, the Ocelot’s unique design allows crew and passengers to sit inside a protective pod made of advanced composite materials incorporating Formula One racing technology. Beneath the occupants critical components such as the engine, fuel tank and transmission are contained in a V shaped armored spine that deflects any potential blast away from the vehicle, and protecting these key components.

FPE’s Managing Director, David Hind, said, “This is excellent news for U.K. servicemen and women, and for the U.K. defense industry. Ocelot has been designed and developed in the U.K. from first principles, with our Team Ocelot partners, to save lives and protect against injury and to optimise maintenance and repairability. Working closely with Ricardo, our success is a tribute to the efforts of our ‘Best of British’ supply chain, including Thales, QinetiQ, Formaplex, the U.K. MoD’s Defence Support Group and Sula Systems.”

Michael Moody, Chairman and Chief Executive Officer of Force Protection, Inc. commented, “The success of Ocelot in the United Kingdom’s LPPV program is extremely important to our corporate strategy of providing a broad range of survivability solutions, including in tactical wheeled vehicle programs. Our family of vehicles has proven to save thousands of lives around the world and we look forward to providing Ocelots to help ensure British troops return safely from their missions. Clearly, we are proud of what the Force Protection Europe team and related partners have achieved with Ocelot.”

Mr. Moody concluded, “Internationally, Ocelot is expected to play a much larger role in providing potential customers a vehicle that incorporates not only a high degree of blast and ballistic protection but also superior mobility and maintainability – these levels are currently unequaled by any vehicle of its size on the battlefield. As such, we expect there could be significant demand for the Ocelot in the worldwide marketplace for years to come.”

[VirtualNormann]

Antwort auf Beitrag Nr.: 40.192.676 von Hufeland am 22.09.10 15:42:56

Diese tolle Meldung scheint heute auch endlich einmal wieder vom Markt gewürdigt zu werden.



Gruß Normann

[kyron7htx]

Presse tut Ihr Übriges!!!

Research a stock: Latest Key DevelopmentsForce Protection, Inc.'s Force Protection Europe Selected As Preferred Bidder For U.K. Light Protected Patrol Vehicle
9:20am EDT
Force Protection Europe Ltd (FPE) an indirectly wholly owned subsidiary of Force Protection, Inc. announced that it has been selected by the United Kingdom (U.K.) Ministry of Defence (MoD) as the preferred bidder in the Light Protected Patrol Vehicle (LPPV) program. The initial Ocelot vehicles are expected to be available for the training of U.K. forces in 2011. Formal contract negotiations (including final determination of vehicle quantities and price) between FPE and the U.K. MoD will begin shortly.



press release
Sept. 22, 2010, 9:20 a.m. EDT · Recommend · Post:

Force Protection Europe Selected as Preferred Bidder for U.K. Light Protected Patrol Vehicle
Initial Ocelot Vehicles Expected to be Delivered for Training in 2011




LADSON, S.C., Sep 22, 2010 (BUSINESS WIRE) -- Force Protection Europe Ltd (FPE) an indirectly wholly owned subsidiary of Force Protection, Inc. /quotes/comstock/15*!frpt/quotes/nls/frpt (FRPT 4.76, +0.56, +13.42%) , a leading designer, developer and manufacturer of survivability solutions and provider of total life cycle support for those products, today announced that it has been selected by the United Kingdom (U.K.) Ministry of Defence (MoD) as the preferred bidder in the Light Protected Patrol Vehicle (LPPV) program. The initial Ocelot vehicles are expected to be available for the training of U.K. forces in 2011. Formal contract negotiations (including final determination of vehicle quantities and price) between FPE and the U.K. MoD will begin shortly.

Designed, developed and to be built in the U.K. by FPE and Ricardo plc for the LPPV program, Ocelot is the best protected and most agile vehicle of its kind. At an approximate gross vehicle weight of only 16,500 pounds, the Ocelot's unique design allows crew and passengers to sit inside a protective pod made of advanced composite materials incorporating Formula One racing technology. Beneath the occupants critical components such as the engine, fuel tank and transmission are contained in a V shaped armored spine that deflects any potential blast away from the vehicle, and protecting these key components.

FPE's Managing Director, David Hind, said, "This is excellent news for U.K. servicemen and women, and for the U.K. defense industry. Ocelot has been designed and developed in the U.K. from first principles, with our Team Ocelot partners, to save lives and protect against injury and to optimise maintenance and repairability. Working closely with Ricardo, our success is a tribute to the efforts of our 'Best of British' supply chain, including Thales, QinetiQ, Formaplex, the U.K. MoD's Defence Support Group and Sula Systems."

Michael Moody, Chairman and Chief Executive Officer of Force Protection, Inc. commented, "The success of Ocelot in the United Kingdom's LPPV program is extremely important to our corporate strategy of providing a broad range of survivability solutions, including in tactical wheeled vehicle programs. Our family of vehicles has proven to save thousands of lives around the world and we look forward to providing Ocelots to help ensure British troops return safely from their missions. Clearly, we are proud of what the Force Protection Europe team and related partners have achieved with Ocelot."

Mr. Moody concluded, "Internationally, Ocelot is expected to play a much larger role in providing potential customers a vehicle that incorporates not only a high degree of blast and ballistic protection but also superior mobility and maintainability -- these levels are currently unequaled by any vehicle of its size on the battlefield. As such, we expect there could be significant demand for the Ocelot in the worldwide marketplace for years to come."

About Force Protection, Inc.

Force Protection, Inc. is a leading designer, developer and manufacturer of survivability solutions, including blast- and ballistic-protected wheeled vehicles currently deployed by the U.S. military and its allies to support armed forces and security personnel in conflict zones. Force Protection's specialty vehicles, including the Buffalo, Cougar and related variants, are designed specifically for reconnaissance and urban operations and to protect their occupants from landmines, hostile fire, and improvised explosive devices ("IEDs", commonly referred to as roadside bombs). Complementing these efforts, Force Protection is designing, developing and marketing new vehicle platforms (including the Ocelot and JAMMA) that provide increased modularity, speed, mobility and concealment with enhanced levels of blast- and ballistic-protection. Force Protection also develops, manufactures, tests, delivers and supports products and services aimed at further enhancing the survivability of users against additional threats. In addition, Force Protection provides long-term life cycle support services of its vehicles that involve development of technical data packages, supply of spares, field and depot maintenance activities, assignment of highly-skilled field service representatives, and advanced on and off-road driver and maintenance training programs. For more information on Force Protection and its products and services, visit www.forceprotection.net.

Safe Harbor Statement

This press release contains forward looking statements that are not historical facts, including statements about our beliefs and expectations. These statements are based on beliefs and assumptions of Force Protection's management, and on information currently available to management. These forward looking statements include, among other things: the growth, demand and interest for Force Protection's services and vehicles, including the Ocelot; expectations for future contracts for the Ocelot; the benefits and suitability of the Ocelot, including its survivability; the ability to meet current and future requirements, including expected work commencement and completion dates; and, the expectation that there could be significant demand for the Ocelot in the future. Forward-looking statements speak only as of the date they are made, and the Company undertakes no obligation to update any of them publicly in light of new information or future events. A number of important factors could cause actual results to differ materially from those contained in any forward-looking statements. Examples of these factors include, but are not limited to, ability to effectively manage the risks in the Company's business; the ability to develop new technologies and products and the acceptance of these technologies and products; and, the other risk factors and cautionary statements listed in the Company's periodic reports filed with the Securities and Exchange Commission, including the risks set forth in the Company's Annual Report on Form 10-K for the year ended December 31, 2009 and as updated in the Quarterly Report on Form 10-Q for the quarter ended June 30, 2010.

SOURCE: Force Protection, Inc.




Morning Movers 09/22: MAJC, CNST, TTPA, BRT, BIOF, FRPT Higher; VICL, ADBE, FUR Lower
Force Protection, Inc. (NASDAQ: FRPT) 11.4% HIGHER; Force Protection Europe today announced that it has been selected by the United Kingdom Ministry of Defence as the preferred bidder in the Light Protected Patrol Vehicle (LPPV) program. The initial Ocelot vehicles are expected to be available for the training of U.K. forces in 2011.




Home -> Latest News
Latest News
Force Protection nears deal to sell new vehicle to UK

Staff report
Posted: 09/22/2010 10:28 AM

More Latest News >>
Next >>
A European subsidiary of Ladson-based Force Protection Inc. has been named the "preferred bidder" in a deal to provide British armed forces with its new Ocelet lightweight armored vehicle.

The company said formal contract negotiations will begin shortly between Force Protection Europe Ltd. and the U.K. Ministry of Defence to determine the number of orders and prices.

The Ocelets will be built in the United Kingdom. The first batch of vehicles is expected to be available for the training of U.K. armed forces in 2011.

"Internationally, Ocelot is expected to play a much larger role in providing potential customers a vehicle that incorporates not only a high degree of blast and ballistic protection but also superior mobility and maintainability — these levels are currently unequaled by any vehicle of its size on the battlefield," Force Protection chief executive Michael Moody said in a written statement today. "As such, we expect there could be significant demand for the Ocelot in the worldwide marketplace for years to come.

Full Story >>

Text-a-Friend >>
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More Latest News >>

[coolrunning]

http://www.telegraph.co.uk/news/newstopics/politics/defence/…

[Gexe006]

So darf es ruhig weitergehen, wird unsere Geduld doch noch belohnt

[coolrunning]

http://www.investorvillage.com/smbd.asp?mb=132&mn=175570&pt=…

[coolrunning]

Jetzt kommt die Nachrichtenwelle.....
Ich bin mir auch sicher, das es nicht bei 250 Stck. bleiben wird.
Wenn du erst einmal drin bist, dann rollt (rockt) es ! Ich habe nachgekauft und bin mir jetzt ziemlich sicher, das 1.) die UK nicht der einzige Partner sein wird und 2.) mit der flexiblen Umrüstbarkeit dieses Typs auch größere Mengen verkauft werden und dadurch das Thema "Ersatzteile und Wartung" eine neue Dimension bekommt.
Ich sehe mein Kursziel bei 10 - 13 Euro in 2011.


Formaplex snatch MoD's Land Rover replacement dealPremium Article !

Published Date: 24 September 2010
By Adam Kula
For scores of anxious staff, the waiting is over.
The workforce at a Hampshire firm had been holding its breath to see if it would scoop a major military deal.

Now they can uncross their fingers - the MoD has announced the Havant-built Ocelot armoured vehicle will replace the Snatch Land Rover.

The decision fuels hopes for a major jobs boost at Formaplex in Dakota Business Park, which will perform a large tranche of the work.

Michael Last, finance director at the firm, said: 'We're pleased with where we are with it, but there are still negotiations to go through.

'They've talked about various numbers, but all of us are looking at what final numbers would be on this.
'They could go for more.'
At least 37 UK soldiers have died in Iraq and Afghanistan while travelling in the lightly armoured Snatch Land Rover.

The MoD had been mulling over which vehicle it would choose to replace the Snatch.

And on Wednesday night the ministry declared Ocelot had won the bid.

The vehicle is more bomb-resistant than the Snatch, which became known as 'mobile coffins' by some soldiers because of its vulnerability to roadside bombs and other explosives.

The MoD has previously said it was looking at replacing the Snatch with 250 new vehicles.

Formaplex will handle the assembly of the cabins, rather than the whole building process. Final contract negotiations are expected to be concluded in eight weeks.

Project director Ian Wilson has previously said if they won the order another 40 jobs would be needed to cope with the extra work.

Jobs bonanza in waiting as MoD plumps for Ocelot anti-bomb truck

[coolrunning]

Ich habe eben erst gelesen, das man den Ocelot innerhalb von 30 Minuten für die jeweilige Mission ausrüsten kann, also das entsprechende Top aufmontieren.
Wahnsinn.... ich glaube hier haben wir ein Produkt, wo nicht nur "Kontakte/Beziehungen" eine Rolle spielen. Daran werden viele nicht vorbeikommen und ich glaube wenn die Briten und evtl. das eine oder andere Land gekauft haben, werden sich die Ami´s nicht die Blöße geben und es ignorieren.

[Highnoon120]

Kurs wird weiter manipuliert, ich hoffe die sec greift bald mal ein. Normalerweise müssten wir bei min 10$ notieren.
echt zum kotzen

[coolrunning]

http://news.bbc.co.uk/local/sussex/hi/people_and_places/news…

[VirtualNormann]

Antwort auf Beitrag Nr.: 40.206.432 von coolrunning am 24.09.10 16:18:08

"Ich habe eben erst gelesen, das man den Ocelot innerhalb von 30 Minuten für die jeweilige Mission ausrüsten kann, also das entsprechende Top aufmontieren.
Wahnsinn...."

Für die Truppen sicher top. Keine Frage. Allerdings brauchen die dann ja nur ein Fahrzeug für mehrere Zwecke bestellen... Andererseits ist das natürlich ein super Grund, um sich für den Ocelot zu entscheiden.

[coolrunning]

The 5 Companies in the Construction & Farm Machinery Industry With the Lowest P/E Ratio (OSK, CYD, FRPT, NAV, FSS)
Written on Mon, 09/27/2010 - 9:20amBy Chip Brian
Below are the five companies in the Construction & Farm Machinery industry with the lowest Price to Earnings (P/E) ratios. P/E is an important valuation tool when comparing companies in the same industry. A higher P/E ratio means that investors are paying more for each unit of net income, so the stock is more expensive compared to one with lower P/E ratio.
Oshkosh (NYSE:OSK) has the lowest with P/E of 3.3x; China Yuchai International (NYSE:CYD) is next with P/E of 6.1x; and Force Protection (NASDAQ:FRPT) has the next lowest with P/E of 8.0x.
Navistar International (NYSE:NAV) follows with P/E of 10.8x and Federal Signal (NYSE:FSS) rounds out the group with P/E of 15.9x.

[coolrunning]

Hier sieht man noch einmal sehr gut die drei Aufsatzmöglichkeiten beim Ocelot

http://www.thinkdefence.co.uk/2010/09/ocelot-light-protected…

[coolrunning]

27.09.2010 19:31
Force Protection to Present at Oppenheimer 5th Annual Industrials Conference on Thursday, September 30, 2010
Force Protection Inc. (NASDAQ:FRPT) today announced that Charles A. Mathis, Chief Financial Officer, will present at the Oppenheimer 5th Annual Industrials Conference on Thursday, September 30, 2010 at 2:00 PM EST. The conference is being held at the InterContinental The Barclay Hotel in New York, NY on September 29-30, 2010.

Webcast Information

The Company's presentation will be webcast live and can be accessed within the "Event Calendar" page under the "Investor Relations" section of the Company's website at www.forceprotection.net. Please visit the website to register at least 15 minutes prior to the webcast. The replay of the webcast will be available on the Company's website.

[coolrunning]

http://phx.corporate-ir.net/External.File?item=UGFyZW50SUQ9M…

[coolrunning]

The 1,947th Reason to Buy Force Protection
By Rich Smith | More Articles
September 29, 2010 | Comments (0)

When I described the 1,946 reasons to buy Force Protection (Nasdaq: FRPT) a few weeks back, did you listen? Did you review the company's strengths, weaknesses, opportunities, and threats, and conclude this was a stock worth owning? If so, I'm betting you're wearing a grin today.

But even if you missed out on last week's stock price leap at Force, don't get too upset -- there's still plenty of time to hitch a ride on this armored car-maker. If anything, I think the fun's only begun.

Victory on land
If you haven't heard by now, Force broke a years-long losing streak last week. After long toiling in the shadow of more successful contract winners Oshkosh (NYSE: OSK) and Lockheed Martin (NYSE: LMT), Navistar (NYSE: NAV) and BAE, Force booked a win when the U.K. Ministry of Defense named the company's Ocelot the "preferred bidder" in the Light Protected Patrol Vehicle program.

While the deal's not official until the ink is dry, it does appear that Force has won the right to build a new armored car for the British military. Defense industry insiders suggest that an initial order for perhaps 200 vehicles should begin arriving in the U.K. in 2011, with follow-on orders expected to add at least another 200 vehicles to Force's order book.

What does that mean to Force Protection? Prices have not been finalized, so far as we know. But if the Ocelot prices around about where similar Force-built MRAPs have priced -- say, $500,000 apiece -- then we could be talking about more than $200 million in new revenue for Force.

Meanwhile, there's a second, even bigger contract in the works elsewhere, as Australia seeks a contractor to build a 1,300-armored car fleet. Force faces considerable competition from rivals such as Thales and General Dynamics (NYSE: GD), but a win here could reap even richer rewards. Local media claims that Australia will spend more than $1 billion to outfit its army and air force units with the new "Protected Mobility Vehicle -- Light." This suggests a purchase price of perhaps $770,000 per vehicle. (It also suggests that I could be lowballing the U.K. revenue Force now has in the bag -- perhaps by as much as 50%.)

As we've seen in the past, momentum begets momentum in this business. Once Navistar, BAE, and General D began running away with MRAP business in the U.S., Force never managed to catch up. Let's just hope that this time, the U.K. win has given Force the momentum it will need to roll up successive victories down under, and around the globe.

[Hufeland]

Force Protection Industries, Inc., Ladson, S.C., is being awarded a $6,544,499 firm-fixed-price modification under previously awarded contract (M67854-07-D-5031) for a three month extension of 55 field service representatives to complete independent suspension system kit installation on the Cougar Mine Resistant Ambush Protected vehicle fleet. All work will be performed in Kuwait. Work is expected to be completed by Dec. 31, 2010. Contract funds will expire at the end of the current fiscal year. Marine Corps Systems Command, Quantico, Va., is the contracting activity


Hufeland

[coolrunning]

http://finance.yahoo.com/news/Force-Protection-Reaches-bw-25…

[coolrunning]

http://www.fool.com/investing/general/2010/10/01/will-force-…

[Gexe006]

Aus dem IV-Board

I am sorry,this is the only way i can post it:

We're pleased to have next up Force Protection, CFO, Charlie Mathis. Thank you, Charlie.

Thanks, Ed and good afternoon to everyone. We appreciate your interest in Force Protection. Before we get started, I

would note that this presentation contains forward-looking statements about our beliefs and expectations for the future.

These statements are based on information currently available to management. In addition to the risk factors noted on

this slide, please refer to the cautionary statements listed in the company's periodic reports filed with the SEC,

including our 2009 Annual Report on Form 10-K and updated by the company's quarterly report Form 10-Q for the

second quarter 2010.

Force Protection seeks to be the leading provider of survivability solutions to support military, government agencies

and commercial entities worldwide. Our specialty vehicles, which we believe are at the forefront of blast and ballistic

protected technology, are designed to protect occupants from improvised explosive devices or IEDs, hostile fire, and

related events. We have sold and delivered well over 4,500 vehicles since 2005.

Complementing these efforts, we are designing, developing and marketing new vehicle platforms that provide

increased modularity, speed, mobility and concealment with enhanced levels of blast and ballistic protection. These

vehicle platforms will complement military fleets well beyond the current campaign in Afghanistan. Supporting these

initiatives, we develop, manufacture, test, deliver and support products and services aimed at further enhancing the

survivability of users against additional threats. We also provide long-term life cycle support services for our vehicles.

We have operations worldwide and our services are based on establishing and maintaining long-term relationships with

the U.S. government and foreign military users. Our business model has historically resulted in significant revenues,

earnings and cash flow, and we enjoy a solid financial position. This includes no debt and more than $120 million in

cash as of June 30. We are currently evaluating alternatives to invest in growth opportunities designed to broaden our

business. I will discuss these efforts in more detail later in the presentation.

Finally, since this is an industrial conference, we are pleased to be recognized last week by South Carolina Chamber of

Commerce as the state's Large Manufacturer of the Year for 2010.

We believe our vehicles are the most survivable and sustainable, which is supported by the fact that the significant

majority of the more than 4,500 vehicles we have sold over the past five years are still in service. These vehicles save

lives. This is especially critical in Afghanistan as the number and size of the IEDs coalition forces are facing has

increased. As IEDs are the weapon of choice of insurgents throughout the world, protection is needed by militaries on a

global basis.

We expect the U.S., UK and Canada will keep our vehicles as part of their core fleet for many years. This necessitates

the continued purchase of vehicles, as well as related modernization and maintenance for the long term. In addition, we

believe there're significant opportunities for recap and reset once the war in Afghanistan is complete. But moreover,

there is a need for lighter weight vehicles to replace flat-bottomed vehicles like Snatch Land Rovers and Humvees. The

ability to deliver the vehicle in country will also be an important requirement.

As part of our base of business, we currently expect to produce and deliver approximately 80 to 100 Buffalos per year

for the near future. The significant majority is being purchased by the U.S. Army through a Program of Record to

support standing up of its required route clearance mission. Whereas we've seen a decline over the last two years,

revenues from vehicle deliveries, modernization, spares and sustainment are expected to grow from our current

anticipated full year results for 2010.

We believe we have solid visibility given the continued level of operational tempo in Afghanistan and our recent

selection as preferred bidder for the UK's LPPV program. I will discuss this specific opportunity along with a number

of other substantial programs we're pursuing in a few moments.

With our family of vehicles, we provide our customers with solutions that have a wide variety of capabilities for

various types of missions. Over the past couple of years, however, the general trend for new programs has moved

toward lighter vehicles that provide enhanced mobility with similar levels of survivability as their bigger brothers you

see here. This is where the Ocelot comes in. The Ocelot vehicle, which won the LPV competition, provides increased

modularity, speed, mobility and off-road capability at a 16,500 gross weight with survivability levels of the larger

Cougar-type vehicles. These levels are unequaled by any vehicle of its size on the battlefield.

And then there is JAMMA, our newest and lightest vehicle that was built specifically to support the special operations

community. JAMMA is an armor-ready, four-occupant high-performance vehicle that is certified to be transported

inside of V-22 Osprey. In addition, we have developed a wide track version that fits inside the CH-47 and the CH-53.

We achieved a significant milestone with the Ocelot last week, as we were selected as the preferred bidder in the UK's

Light Protected Patrol Vehicle or LPPV program.

Final quantities and price will be determined as part of our upcoming formal contract negotiations. However, we are the

prime on this contract with production expected to begin soon thereafter. One note is that the vehicle price includes

E2A, which is the Electronics, Electricity, and Architect and Hardware. Previously, we supplied only the base vehicle.

We anticipate delivering the Ocelot in 2011 with a specific timing of deliveries based on customer direction. I would

note, however, this is an urgent operational request, so we expect the UK will want the vehicles on the battlefield as

soon as possible to prevent further injury to troops.

The Ocelot was designed and developed in the UK by Force Protection Europe and Ricardo plc. Ocelot is weight for

weight, the best-protected and most agile vehicle of its kind. The crew and passengers sit inside a protected pod made

of advanced composite materials incorporating Formula 1 racing technology. Beneath them, critical components such

as the engine, fuel tanks, and transmissions are contained in a V-shaped armored spine that deflects the blast away from

the vehicle.

In order to reach the higher levels of survivability, to-date we have blast tested the vehicle well over 40 times. For

almost two years, our Chief Scientist has been consumed with securing the highest levels of blast-protection, which is a

remarkable achievement.

Ocelot is also highly flexible. The pods can be changed in the field in two hours to equip the vehicle for different

missions such as patrol, fire support or transportation and vital supplies, exceptionally maneuverable. Ocelot is equally

effective in built-up urban areas and mountain passes. We also believe our success in the LPPV program will prove to

be a substantial catalyst for opportunities here in the U.S., including replacing Humvees. Moreover, we expect

worldwide demand for years to come.

One of the more significant near-term international opportunities is in Australia, where the Ocelot has been selected as

one of the three solutions to continue competitive prototyping in the Manufactured and Supported in Australia or MSS

– MSA option for the government's LAND 121 program. The program is designed to provide approximately 1,300

vehicles and trailers, as well as related long-term support for Australia's core fleet of military assets. I would note that

this program is not tied to the campaign in Afghanistan or the U.S. defense budget. We also expect the Ocelot will be

the only vehicle in the competition that is fielded and in production when the final decision is made for the optimal

solution for the program.

In addition to the Ocelot, over the past few months, we have seen important progress in other business development

efforts on multiple fronts. Looking at the Cougar, the Government of Canada recently announced that we have been

down selected to continue in the procurement for the Tactical Armored Patrol Vehicle or a TAPV project. Similar to

other customers, the Canadian Military recognizes that the Cougar has proven to be an invaluable asset in the current

conflict, and we look forward to offering our Cougar variance as the optimal solution to enhance Canada's core fleet of

vehicles well beyond the campaign in Afghanistan. As I stated earlier, the LPPV, the MSA Land 121 and TAPV

programs require that primary manufacturing and supportability be completed in the host country.

Given the worldwide economic landscape, it'll be challenging for quite sometime, we expect this type of requirement

will continue to be included in future international programs. This places Force Protection in a strong position, as we

are capital light and pride ourselves on being nimble. We also continue to successfully develop and test the JAMMA,

which is designed to meet an upcoming U.S. Air Force program. In addition, we expect the vehicles will have

application for a multiple of other special operation usage worldwide.

And finally, a part that is overshadowed by our vehicle when – is what we are aggressively pursuing incremental

service and sustainment opportunities. One significant example of this is the RCV MRAP CLSS contract with the U.S.

Army for long-term maintenance and sustainment of thousands of route clearance and MRAP vehicles. We expect the

RFP for this contract to come in the fourth quarter, and anticipate the program could be worth hundreds of millions of

dollars per year.

While we are not in a position to disclose the specifics of our strategy, we do plan to be a significant member of a

strong competitive team that has vast experience and resources in this area. As such, we could see significant

incremental income in the future from these efforts.

Force Protection is a company with operations in key locations across the globe. Here in the U.S., we enjoy a

significant presence in the Carolinas, including our R&D, blast range, production and corporate headquarter facilities.

Further supporting our efforts with the customers is a government liaison office in Washington DC. In 2009, we

expanded internationally to United Kingdom and established a successful modernization facility in Kuwait. This led to

extending capabilities to Camp Leatherneck in Afghanistan. And in July, we stood up forward operations in Bagram

and Kandahar. And finally, we are expanding into Australia to support our efforts associated with Land 121 programs.

This slide displays many of the customers we do business with worldwide in addition to our primary customers, the

U.S. and the UK. We work with a number of countries on programs to provide tactical wheeled vehicles, associated

equipment and our life cycle services. While the math indicates the customers we can disclose, there are others in

which we have been asked not to disclose publicly. We are pursuing additional opportunities in multiple countries as

we offer our full family of vehicles to our allies.

Over the past two years, we have made a focused effort on capitalizing on the total life cycle of our vehicles. To lead

this initiative, we heard a retired two-star Army General with significant logistics experience. Shortly thereafter we

established the Kuwait support facility in response to the customers' needs. And as I mentioned, we now have a strong

foothold in the forward operations in Afghanistan. We – to-date, we've secured more than $400 million worth of work

with the U.S. Marines for modernizing Cougars with independent suspension systems. And over the past few months,

we've also secured millions of dollars worth of business for additional modernization equipment identified as critical to

the success in the field, as well as begun performing work on the vehicles of other OEMs.

Examples of these enhancements include enhanced fire extinguishment systems, increased power generation, improved

sealing and other critical upgrades. We anticipate more orders to follow for additional upgrades; as such we expect

modernization will remain a substantial component of our revenue for years to come.

And looking to our Field Service business, we currently rely on more than 400 deployed representatives to ensure the

highest levels of operational readiness. We also continue to focus our efforts on delivery of spares on our fleet of

fielded vehicles, with a significant majority of our more than 4,500 vehicles still in service, our customers have a

long-term requirement for parts and services, associated wear and tear and battle damage. As such, we expect this part

of our business will remain an important part of our revenue mix well into the future.

Our success in broadening our core business is best represented by the change in our revenue mix over the past few

years. The white portion of the bar on this slide is our quarterly vehicle sales revenue and the green portion is

modernization, spares and sustainment.

One area that has surprised many is the sustainment tail of our vehicle deliveries. Looking out to the next year and

beyond, we expect more of a 50-50 mix given the new vehicle programs we are currently involved in or pursuing. We

believe this will also have a significant tail associated with them and position the company well into the future.

We have a number of initiatives underway designed to provide increased long-term visibility and sustainability of our

business. That first three on the list, you can see, securing additional vehicle programs, capitalizing on current

platforms, expanding foreign military sales. And – while we continue to enjoy success in building on our core business,

we fully recognize the need to broaden our operations so as to increase financial viability or it's financial visibility and

enhance the long-term value of the company and our shareholders. As such, we have begun to identify and capitalize

on the opportunities to enhance and expand our core competencies, as well as profitably grow through strategic

acquisitions and investments.

This slide represents Force Protection's strategic layers, the bottom two areas are associated with our core business. As

I discussed previously, we believe we will begin to grow the business again in 2011. The top two areas on this slide

represents the actions necessary to realize our long-term strategic goals of broadening the business.

These goals are focused on creating a credible and long-term sustainable business. This includes building and

expanding on our core capabilities, ensure we maintain this leadership position of delivering innovative survivability

solutions to market. And then profitably growing through meaningful acquisitions, partnerships, and investments into a

broader range of products, customers, and markets.

Relating to the last point, our goal was to deploy cash to add short-to-medium term revenue and profit by building a

portfolio of linked businesses. While it's our intention to announce a transaction sooner rather than later, we fully

realize that acquiring and then successfully operating businesses is challenging. As such, we're taking the necessary

time to ensure that our potential investment is based upon a measured, deliberate approach to understanding what

constitutes a true, strategic fit and is meaningful for Force Protection, as well as structuring any transaction for the

long-term benefit of the company's shareholders.

Over the past several years, we've seen a material improvement in our financial results from both an earnings and cash

flow perspective. Looking forward, we expect to continue to generate significant profit and operating cash flow for the

benefit of our shareholders.

Looking at the current year, we knew that going to this year that our quarterly results would be uneven due to timing of

additional awards, shipments and other factors. And similar to last year, we continue to anticipate that our revenue and

earnings will be heavily weighted to the third and fourth quarters of this year.

A highlight of the first six months, however, was a gross margin in excess of 20%, which was primarily a result of

improvements in program cost management and related contract negotiations. This is very encouraging, but there is still

more to do to ensure our gross margins continue to improve and are sustainable in the long term.

Over the past years, we have placed important focus on improving the health and long-term viability of the business.

The success of these efforts is clearly represented by a strong balance sheet. We remain in a solid financial position and

have the funding and resources available to undertake our important strategic initiatives.

Once again, thanks for taking the time to learn more about Force Protection. And I'll be happy to take any questions at

this time.

Charles Mathis: Yes.

[Question]

Charles Mathis: Yeah, that's – yeah, a good question. As far as the acquisition

strategy and the efforts underway. They're certainly focused on diversifying the revenue. We have a lot of chips already

on the campaign in Afghanistan and the intent is to look for acquisitions that would broaden or diversify away from the

revenue there, as well as give greater visibility to our revenue and cash flow stream.

Adjacent space is a good question also. Our core competency is really on blast and survivability protection. And

looking at acquisitions, we don't want to move very far from our core competency there. So it's a real balancing act in

order to find acquisitions that are diversified, but still are close to our core competency in adjacent space. We certainly

believe we made progress in this area, and again hope to be able to close on something by the end of the year. So, that's

the intent.

[Question]

Charles Mathis: Yeah.

[Question]

Charles Mathis: Yeah. The financial metrics, I won't go into as much detail other than

to say that – or determine that we'll pay a reasonable price, reasonable valuation. It's also the intent of the acquisitions

that we're looking at that the management of the company stays there with the company over a three to five-year

period. We're not going to supply management to them.

We also have a model in which we allow the owners to take significant cash off the table. However, keep skin in the

game. So those are the type of structures that we look at and we talk to and work out very well with particular owners

who want to maintain autonomy running the company, looking to grow it, looking to keep skin in the game, but put

cash off the table. So...

[Question]

Charles Mathis: Yeah.

[Question]

Charles Mathis: Yeah, I would say that there is – we're talking to a lot of private

companies, family-run businesses that also have the 12/31 timeline as far as capital gains and taxes and issues there. So

it's – we're getting to a critical point where we have to get to an agreement, we have to – but we are looking at number

of candidates there, number of different opportunities and to be able to decide on the right opportunity, the one that has

the most strategic fit, the one that's going to increase shareholder value going forward. We look at our cash as very

precious and to make sure it is the right investment.

[Question]

Charles Mathi: As far as the multiple that is given, I won't get into the specifics of

that. Again, the scenario – I think what we've seen is that there are a number of companies that see value in Force

Protection, that would like to be a part of Force Protection, that looks – that they believe of combining with us gives

them greater opportunity to grow their business, as well as the synergies it brings to Force Protection and the potential

market access or increased market value. So we're obviously very conscientious about the multiples to not overpay for

the companies. And again, we try to structure this where there is a lot of other appealing characteristics about the deal

structure for the owners of the business so that we can move together as a combined company.

[Question]

Charles Mathis: We have significant cash that's not earning a lot as far as the interest

rates go. We expect to generate significant cash by the end of the year. So we expect that we would be able to fund an

acquisition that we're talking about mainly with cash. There may be other components, but mainly with cash. Yes

[Question]

Charles Mathis: Right.

[Question]

Charles Mathis: Yeah, actually that's a very good question. And the question was, do

we really need to make an acquisition given that we're winning and there is these opportunities. And there is certainly

not the pressure that there was two or three weeks ago, because there are so many significant opportunities related to

the Ocelot and what we're doing. However, it is still the intention of management to diversify, to look to diversify the

revenue streams. And therefore, we believe that we can acquire something again that is a good strategic fit. So...

[Question

Charles Mathis: Yes. The second half, as we said, it was – it will be stronger than the

first half. All of that relates to modernization awards that we received in the first half related to the Cougars that are

fielded. I think we had a $67 million award for seats modernization. A lot of that will ship in the second half of the

year. And I think as was the case last year, it was related to modernization; that would primarily be the driver this year.

[Question]

Charles Mathis Right. So we're actually in competition now with JLTV in the Land

121 program in Australia. There is three competitors in the MSA and then there is the three JLTV competitors. So

again, we're very confident and believe that we have achieved something that no one else has achieved with the Ocelot

given the way and given the high levels of survivability. It will certainly be interesting how this plays out with JLTV,

because there is a JLTV in the U.S. and they're replacing the Humvees there. But certainly, we feel like we have a

credible vehicle that can compete with JLTV in that space. Yes.

[Question]

Charles Mathis: Yeah, the number of Cougars that we're forecasting to build in 2011

is not so different from 2010. A lot of those went to the UK. We think there is other foreign militaries that are

interested in Cougars that we're also pursuing. So we believe it's in the 100 to 200 category range for 2011 and going

forward. The operational tempo of spares and support that we have in Afghanistan we believe will continue over the

next couple of years.

And then there is that incremental business on the sustainment side that I talked about related to the RCV MRAP,

which is all incremental business related to the army's MRAP fleet. So there may be some things that fall off.

Hopefully, there will be other things that move in. Again, we consider the 2010 as really a low point in our revenue and

look to grow from this point forward, and believe we will grow in 2011 without acquisitions, even without the

acquisitions.

Das liest sich schon mal gut

[Highnoon120]

02:10 Ich wollte es auch gerade posten

[Gexe006]

Antwort auf Beitrag Nr.: 40.254.845 von Highnoon120 am 03.10.10 02:08:58

um die Uhrzeit geht man ins Bett

[Gexe006]

Antwort auf Beitrag Nr.: 40.254.845 von Highnoon120 am 03.10.10 02:08:58

man kann natürlich auch um die Uhrzeit auf Arbeit sein

seltsamerweise ist das Posting nun auf IV verschwunden
Eine Antwort auf das Posting ist aber noch da

[Highnoon120]

Antwort auf Beitrag Nr.: 40.254.163 von Gexe006 am 02.10.10 19:49:40

dieserr post war gemeint

[Hufeland]

Strong Buy !!!

Capstone Investments Initiates Coverage on Force Protection (FRPT) with a Strong Buy; Strong Management Team & Balance Sheet

October 4, 2010 9:02 AM EDT

Capstone Investments initiates coverage on Force Protection (Nasdaq: FRPT) with a Strong Buy rating. PT $7.

Capstone analyst says, "Force Protection manufactures mine resistant, ambush-protected (MRAPs) vehicles for military customers who currently have 4,600 vehicles deployed in war zones protecting U.S. personnel and their allies. The trucks are critical to defending against the enemy's weapon of choice, IEDs (improvised explosive devices, or today's landmines). The company also has a steady services and support business that posts over $300 million in annual revenues, which alone is worth $5 per share, or approximately FRPT's current price."

"Catalysts. On September 22, the winner was announced for the U.K.'s LPPV (Light Protected Patrol Vehicle) program for 200-450 vehicles. Force and the U.K. Ministry of Defence have entered negotiations to specify quantity and price."




Source:
http://www.streetinsider.com/New+Coverag...

[coolrunning]

http://www.postandcourier.com/news/2010/oct/08/force-protect…



Fakt: $140 million in cash.
Fakt: Auftrag 200 Ozelots an Briten…
Speku: 700 million Dollar Umsatz geplant in 2010 !
Speku: Eine geplante Akquisition/Übernahme/Beteiligung bis Ende des Jahres geplant.
Fakt: $24 million Anleger-Streit beigelegt – das meiste zahlt die Versicherung.
Speku: 1300 Ozelot-Auftrag könnte aus Australien kommen.
Speku: Ein noch größerer Auftrag aus den USA.
Fakt: Buffalo / Cougar werden zusätzliche Anzahl in den USA benötigt.
Fakt: Erhöhte Teile und Reparaturumsätze folgen

Mutige Worte/Prognosen und wenn sie eintreffen sehen wir ganz andere Kurse.

Ich freue mich auf die Zukunft mit FRPT !

[coolrunning]

http://www.charlestonbusiness.com/news/36092-force-protectio…

[kyron7htx]

Force Protection’s $24M Settlement Gets Court’s Prelim OK - cbl
Share Email this Article
Shareholder Suit Accused Execs of Withholding Info to Inflate Stock Price

By citybizlist Staff

SUMMERVILLE, S.C. -- Force Protection Inc. (Nasdaq: FRPT) said its $24 million settlement to end a shareholder derivative suit without admitting any wrongdoing had won the preliminary approval of a federal court, according to an SEC filing.

The Summerville, S.C.-based maker of armored vehicles said the U.S. District Court, District of South Carolina, Charleston division, had issued a preliminary approval, but a final order on the class-action suit was due after a hearing scheduled for Dec. 13.

The suit accused several former and current executives of the company of withholding key accounting and other information to keep the stock price high as they sold shares worth tens of millions of dollars. Former Chairman Frank Kavanaugh and former President Gordon McGilton were among those named in the lawsuit.

Force Protection is now led by Chairman and CEO Michael Moody, a 30-year management veteran. He had been a consultant to privately held companies besides serving as COO of London American General Agency. He also was senior vice president of corporate development of Magna Carta Cos., a mutual insurance company.

Form 8-K filing: http://tinyurl.com/36ejzfu


Posted: Oct 17, 2010

[Gexe006]

Zwar schon ein paar Tage alt,

hoffe das bringt uns noch ein paar Kunden.

Force Protection’s Life-saving Cougar Vehicles Receive Global Recognition
Publisher: Force Protection, Inc.
Date: 10/13/2010


Kevin MacKinnon, VP Research and Development, 2nd from left, accepted the award.
Force Protection has been named as the winner of the Vehicle and Soldier Survivability Award for its family of Cougar vehicles at the Survivability Solution Awards 2010, which took place last night in Berlin, Germany. Organized by Clarion Events as part of this year’s Platform Survivability conference, the awards are designed to acknowledge the products, services or solutions that have enhanced the safety and security of service personnel operating across the globe.

More than 4,500 of Force Protection’s Cougar and Buffalo vehicles have now been supplied to US, UK, Canadian, Italian, French and other coalition partner forces on operations in Iraq and Afghanistan. These innovative blast-protected vehicles are credited with saving the lives of hundreds of soldiers out in theatre.

In the course of these operations, the vehicles have experienced thousands of attacks from a variety of IEDs (Improvised Explosive Devices) and mines, ranging from “daisy chained” artillery shells, EFPs (Explosively Formed Projectiles) to very large home-made explosive charges. Despite these attacks more than 95% of the fleet is still in service because of the vehicles’ truly exceptional survivability design elements.

An independent panel of world leading survivability experts, chaired by Rear Admiral (Ret’d) Christopher Parry, Former Director General, Development, Concepts and Doctrine, UK, selected the winners in three categories: vehicle and soldier survivability, aircraft survivability and ship survivability.

Accepting the award on behalf of Force Protection, the company’s Vice President of Research & Development, Kevin MacKinnon, said: “Saving soldiers’ lives is an ongoing priority for Force Protection. We continue to invest in developing cutting edge survivability solutions for armies around the world. We are able to draw on more than 40 years of knowledge and experience in the design, manufacture and support of blast- and mine-protected vehicles around the world and it’s an honor for Force Protection to be recognized with this award.”

http://www.forceprotection.net/news/news.html?id=384

[Hufeland]

Interesting from downunder

http://www.adelaidenow.com.au/rann-plans-defence-spend-for-p…

THE State Government will invest tens of millions of dollars to establish a military-vehicle manufacturing precinct in Edinburgh Parks if South Australia wins a lucrative Defence Department contract.

Defence has shortlisted three suppliers to build a fleet of 1300 light armoured vehicles in a contract expected to be worth at least $1 billion.

One of the three, Force Protection Australasia, announced today it would build the vehicles in Edinburgh Parks, north of Adelaide, if it wins the contract, creating 500 jobs.

South Australia had a depth of skills and offered the best base to manufacture its Ocelot armoured vehicles, chief executive Michael Moody said.

"SA's reputation as Australia's defence state is well founded," Mr Moody said.

"I certainly believe that with our Ocelot, the strength and capability of Force Protection and our collaboration with SA, we have a compelling offering for the Commonwealth of Australia."

The Ocelot last month was selected by the British Ministry of Defence as the vehicle for its urgent operational needs, including deployment to Afghanistan.

In Australia, Force Protection is in competition with Pooraka-based General Dynamics Land Systems and Thales, which operates out of Bendigo in Victoria, for the Land 121 Phase 4 light armoured vehicle program.

Premier Mike Rann said both other bidders had also been offered the opportunity of using the Edinburgh Parks precinct if they won the contract - but it was likely to come down to "a grand final between SA and Victoria".

"In the same way that we built the Techport Australia shipbuilding facility at Osborne that helped secure the $8 billion Air Warfare Destroyer contract, the State Government believes building strategic infrastructure will give our state a competitive advantage to win more projects," he said.

"The state-of-the-art, multimillion-dollar manufacturing facility at Edinburgh Parks would be designed first and foremost to meet the successful company's specific requirements," he said.

"Its flexible design, however, would ensure capacity for common-use and expansion to cater for additional activity beyond Land 121 Phase 4 production - particularly the project's through-life support and future vehicle replacement projects."

Construction of the common-user precinct, on State Government-owned land on Purling Avenue just north of the Elizabeth South golf course, would begin in 2013.

Mr Rann said the expenditure had been factored into the Budget, despite the constraints expressed this year.

"We've been very prudent with our finances and that's enabled us to invest in infrastructure now for the future," he said.

Mr Rann declined to estimate a cost - other than to say it would be "tens of millions" - because he feared other states would respond by offering a comparative facility.

All three bidders will supply test vehicles to the Defence forces early in the new year.

A target date of late 2012 to early 2013 has been set for Defence to award the contract.

Force Protection is headquartered in Ladson, South Carolina, and publicly listed on the Nasdaq.

The UK-designed Ocelot is roughly the size of a Land Rover and can carry six personnel.

It has a modular design with different "pods" available to change the vehicle and or make quick repairs.

Pods can be fitted to the core automotive, armoured hull in the field.

The hull has a V-shape to protect occupants from mine and bomb blasts and other threats.

The armoured hull houses the main fuel tank, drive line, batteries and generator as well as the powerpack, which includes the engine, gearbox, auxiliary fuel tank and electronic control units.

Extremely robust, but light enough to operate in urban and difficult terrain, it is designed to be easily repaired and maintained.

Commercial off-the-shelf components are used to ensure maximum availability of spares worldwide.

A manufacturing precinct in Edinburgh Parks will enable Force Protection easy access to automotive component suppliers in the district.

It will also be close to the new base for the 7RAR mechanised infantry battalion, where troops are due to begin arriving in January.

[coolrunning]

20.10.2010 13:32
Force Protection Selects Manufacturing Base for Ocelot in Australia
Force Protection Australasia, a Force Protection, Inc. (NASDAQ:FRPT) group company, today announced it had reached agreement with the South Australian Government to manufacture and support its Ocelot vehicle in Adelaide, if it is successful in securing the contract to manufacture up to 1,300 next-generation protected mobility vehicles under the 'Land 121 Phase 4' program.

Chief Executive Officer, Michael Moody, said that following discussions with the State Government and potential suppliers, South Australia offered the most suitable manufacturing base for the Ocelot.

"Since we first met with the Government and potential suppliers in 2009, it has become clear that South Australia can provide the essential ingredients we need to successfully manufacture and support the Ocelot," Mr Moody said. "This view was confirmed during my recent discussions with Premier Mike Rann.

"The South Australian Government has been very supportive and highly professional in its discussions with us. South Australia's reputation as Australia's 'Defence State' is well-founded. I certainly believe that with our Ocelot, the strength and capability of Force Protection and our collaboration with South Australia, we will have a compelling offering for the Commonwealth of Australia."

Force Protection has identified a site within the Edinburgh Parks precinct, in Adelaide's northern suburbs, as a suitable location for its proposed vehicle manufacturing base.

He said today's announcement strengthened Force Protection's commitment to operating in Australia, and looked forward to making further announcements about the company's plans.

This is a significant step forward in the potential development of the Ocelot in Australia.

It also follows an announcement last month that the UK's Ministry of Defence (MoD) had selected Force Protection Europe as preferred bidder to supply its Ocelot for the MoD's urgent operational requirement for the Light Protected Patrol Vehicle program (LPPV).

Mr. Moody concluded, "The Ocelot now has a first class endorsement from the United Kingdom and is ideally suited to the Australian requirement."

[coolrunning]

http://www.upi.com/Business_News/Security-Industry/2010/10/2…

[VirtualNormann]

Vor einer Stunde hoch geladen:
Force Protection Selects South Australia Manufacturing Location
http://www.youtube.com/watch?v=2N5fxru90GU

[coolrunning]

http://www.businessreviewaustralia.com/tags/humvee/south-aus…

[coolrunning]

21.10.2010 20:34
Force Protection to Announce Third Quarter Fiscal 2010 Results
Force Protection, Inc. (NASDAQ: FRPT) today announced that it will release financial results for its third quarter ended September 30, 2010, on Wednesday, November 3, 2010, after the market close. A conference call to discuss those results will be held at 4:30 p.m. Eastern Time that same day and will include comments from Michael Moody, Chairman and Chief Executive Officer; Charles Mathis, Chief Financial Officer; and, Randy Hutcherson, Chief Operating Officer. A question and answer session will follow the management commentary portion of the call.

To listen to the call, dial 800.901.5213 (for international, dial 617.786.2962) five to ten minutes prior to the scheduled start time and provide passcode 49649751. A live Webcast will also be available at that time on the Company's website, www.forceprotection.net, under the "Investor Relations" section. Please visit the website at least 15 minutes prior to the call to register for the webcast and download any necessary software. A replay will be available two hours after the end of the call through midnight Wednesday, November 17, 2010. To access the replay, dial 888.286.8010 (for international, dial 617.801.6888) and enter passcode 29837135, or visit the "Investor Relations" section of the Company's website.

[Gexe006]

Shepard Land Warfare.
Seite 22-28

http://mags.shephard.co.uk/LWI/2010/LandWarfareOctNov10/page…

[carpediem2]

Tja jetzt ist der Nasdaq fast wieder bei 2500 und Force Protection dümpelt weiter vor sich hin.

Hab ja mal vor längerer Zeit geschrieben wenn der Nasdaq wieder bei 2500 steht wird FP auch wieder bei....sein, Naja,

But stay long, stay strong, könnte gerade etwas cash gebrauchen, Mist, aber FP verkauf ich sicher erst wieder zweistellig.

[carpediem2]

tja, scheint ja nicht gut zu verlaufen....zwar nur minimaler Handel...aber 5,15$ aktuell...mal sehen was morgen passiert.

[carpediem2]

UPDATE 1-Force Protection Q3 profit lags estimates

*
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Stocks

Force Protection, Inc.
FRPT.O
$5.56
-0.06-1.07%
8:00pm GMT+0100

Wed Nov 3, 2010 5:27pm EDT

* Q3 adj EPS $0.05 vs est $0.12

* Sales down 44 pct

* Sees delivery of vehicles to UK forces in 2011

Nov 3 (Reuters) - Force Protection Inc (FRPT.O), a maker of blast- and ballistic-protected vehicles deployed by the U.S. military, posted quarterly earnings that lagged estimates on lower vehicle and spare sales.

The company, whose vehicles are designed for reconnaissance and urban operations, expects to conclude formal Light Protected Patrol Vehicle program contract negotiations with the UK Ministry of Defence this month.

The company, whose vehicles include Buffalo and Cougar variants, expects to deliver its Ocelot vehicles for training of UK forces in 2011.

For the July-September quarter, the company posted a loss of $1.9 million, or 3 cents a share, compared with net income of $3.2 million, or 5 cents a share, a year ago.

Excluding items related to litigation settlements and Cheetah vehicle inventory write-down costs, the company earned 5 cents a share.

Sales fell 44 percent to $176.3 million,

Analysts on average were expecting earnings of 12 cents a share on revenue of $171.7 million, according to Thomson Reuters I/B/E/S.

Shares of the Ladson, South Carolina-based company were down 1 percent after closing at $5.56 on Wednesday on Nasdaq. The stock has gained 44 percent from its year-low of $3.86 on Aug. 27. (Reporting by Soham Chatterjee in Bangalore; Editing by Don Sebastian)

[kyron7htx]

[b]Force Protection reports slow third quarter, big things to come [/b]
By Daniel Brock
[e-mail]
Published Nov. 4, 2010

A net loss and sagging third-quarter revenues are actually a prelude to bigger things for Force Protection Inc., the company said Wednesday in reporting its earnings.

Force Protection, the Ladson-based blast-resistant vehicle maker, recorded a net loss of $1.9 million during the three months ended Sept. 30, equivalent to 3 cents per share. The company posted a $3.2 million profit during the same time period last year.

Sales dropped to $176.3 million from $316.2 million, a 44% slide, year over year. Officials said the timing of vehicle and spares and sustainment sales was to blame.

The company also included an $8.5 million charge in its statement, the net impact of a proposed $24 million settlement related to a federal class-action suit filed by shareholders in 2008. Insurance is expected to cover most of the total sum. The settlement received preliminary approval last month, and a final hearing is set for mid-December.

Randy Hutcherson, Force Protection’s chief operating officer, said brighter days lie ahead. He said a “significant amount” of the work linked that Force Protection has secured in 2010 is anticipated for delivery in the fourth quarter, which will mean a boost in cash flow. The company has signed some $675 million in new contracts thus far this year.

“Similar to 2009, our 2010 fourth quarter is expected to be our strongest of the year,” Hutcherson said.

The company also won its first contract for the new Ocelot in the third quarter, when the United Kingdom Ministry of Defence named Force Protection as a “preferred bidder” for a 200-vehicle order in its light-protected patrol vehicle program.

Force Protection CEO Michael Moody said that the U.K. deal was a harbinger of things to come and that the company was also in good position for a $1 billion-plus Ocelot contract in Australia.

“Our win with the Ocelot in the U.K. is a prime example of this culture and demonstrates why we believe the company is uniquely positioned for future success,” he said.

Reach Daniel Brock at 843-848-3144.

[VirtualNormann]

“Similar to 2009, our 2010 fourth quarter is expected to be our strongest of the year,” Hutcherson said.

Das ist aber eine Ansage, die auch eintreffen sollte. Bin immer noch dabei und bleibe auch dabei. Ich harre der Dinge, die da kommen

Gruß Normann

[kyron7htx]

Antwort auf Beitrag Nr.: 40.467.091 von VirtualNormann am 05.11.10 23:23:14

Ich glaube schon, daß Force nach offizieler Contract-Meldung des ersten Ocelot-Auftrages und folgender diesbezüglich deutlich zulegen wird. Das 4 Quartal 2010 solte natürlich wie gesagt überragend sein. Aber man hat ja nur einen verhaltenen Abkauf gesehen. Das deutet daraufhin das starke Hände um 5,20$ eingesammelt haben und die Aussichten haben sich ja nicht verschlechtert. Es war ein schlechtes Quartalsergebnis d. gewisse Umstände Lawsuits etc. nicht mehr und nicht weniger. Jetzt ist es Schnee von gestern und an der Börse wird die Zukunft gehandelt und die sieht bei Force hevorragend aus. Auf steigende Kurse. Ich sehe den Kurs v. Force bis Mitte 2011 bei ca. 15$.

[Gexe006]

Beim Kurs von Force bin ich da nicht mehr so Optimistisch, dazu wurden wir in der Vergangenheit zu oft Enttäuscht.
Naja es könnte ja auch langsam die Zeit von positiven Überraschungen kommen, die durch die Entscheidung der Briten für den Ocelot begonnen hat.

Lassen wir uns also mal wieder Überraschen was als nächstes kommt, ob ein Zukauf oder gewonnene Ausschreibungen, wir brauchen Positive Nachrichten.

[Gexe006]

Schaeffer's Investment Research

http://www.schaeffersresearch.com/commentary/observations.as…

the shares of Force Protection, Inc. (FRPT) spent Thursday mired in red ink, after the firm confessed to a weaker-than-expected third-quarter profit. Nevertheless, the shares are attempting to pare a portion of that deficit today – possibly in light of a bullishly biased brokerage note.

More specifically, FBR Capital boosted its price target on FRPT to $8 from $6, according to Briefing.com. However, the bullish attention is practically a drop in the bucket for the shares, which boast three "buys" and just one "hold" rating, Zacks reports.

Elsewhere on the Street, though, not everyone is as enamored of FRPT. Despite deflating by more than 10% during the past month, short interest still accounts for 2.52 million FRPT shares, or 3.7% of the stock's float. At the equity's average pace of trading, it would take nearly a week to repurchase all of these pessimistic positions. From a contrarian standpoint, though, this lingering skepticism could work to the stock's advantage – especially if the firm's fourth-quarter forecast comes to fruition.

"Similar to 2009, our 2010 fourth quarter is expected to be our strongest of the year," said COO Randy Hutcherson. Meanwhile, CEO Michael Moody said the company is in good position to ink a $1 billion-plus Ocelot contract in Australia, the Charleston Regional Business Courier reported. A few impressive feats on the fundamental front could spook the skeptics into buying back their bearish bets – meaning FRPT could benefit from a short-squeeze situation.

[Gexe006]

http://www.forceprotection.net/pdf/FPE_Newsletter_2-2010.pdf

[coolrunning]

Hallo,

einige Fragen an die Longs hier:

Ich habe eine Mitteilung "Class-Action" bekommen.

Wir alle wissen, was da für unsaubere Dinge abgelaufen sind in der früheren Vergangenheit.


Eine Class-action stellt eine nach amerikanischem Prozessrecht gegebene besondere Klagemöglichkeit für Aktionäre dar. Dieser Klage können sich teilnahmeberechtigte Aktionäre zu einem späteren zeitpunkt anschließen, wofür in den USA keine Gerichts- und Anwaltskosten entstehen.
Teilnahmeberechtigt sind Aktionäre, die in der Zeit 18.01.2007 - 14.03.2008 diese Aktien erworben haben.

http://www.sbclasslaw.com/files/pdf_settled/proof_318.pdf


Habt ihr mehr Informationen, wie und ob man eine Entschädigung bekommt ?
Hat jemand so etwas schon einmal durchgeführt ?

Ich denke, es werden bei mir schon mind. 4-stellige Beträge sein, die man sich zurückholen kann.
Hat jemand Informationen über den Pürozessverlauf bis zur Meldung der Rückstellungs-Summen ?

Gern auch per Bm....

[kyron7htx]

Pe market at 5,60$

[coolrunning]

http://www.couriermail.com.au/business/combat-vehicle-has-lo…

[VirtualNormann]

Antwort auf Beitrag Nr.: 40.543.437 von coolrunning am 18.11.10 09:14:32

Liest sich ja nicht schlecht. Vor allem:

"Force Protection spokesman Max Pengelley says California Governor Arnie Schwarzenegger, who bought a military Humvee and spawned the Hummer civilian range, has not asked for one. Yet.
``I doubt we will make a civilian version, but we have had requests for an amphibian version,'' he said yesterday at the Scenic Rim Adventure Park near Beaudesert, where the vehicle went through its off-road paces."

[Gexe006]

Text von Maceo aus dem IV-Board

Buffalo contract definitization?
I think we finally have definitization of the Buffalo contract
Ich lese das auch so

See pg 2. Contract increase from $151 to $254 mil

http://contracting.tacom.army.mil/confls/awd/W56HZV08C0028PZ…

[coolrunning]

24.11.2010 10:14
BRIEF-RESEARCH ALERT-Morgan Keegan starts Force Protection with outperform
Nov 24 (Reuters) - Force Protection Inc:

* Morgan Keegan starts Force Protection Inc with outperform rating;

price target of $6

[Hufeland]

News!!!!

LPPV CONTRACT. $280 mil / 200 vehicles
United Kingdom Ministry of Defence Signs on for 200 Force Protection Ocelot Vehicles
LADSON, S.C.--(BUSINESS WIRE)-- Force Protection Europe, a Force Protection, Inc. (NASDAQ:FRPT - News) group company, today announced that it has signed a contract with the UK Ministry of Defence (MoD) to supply an order of 200 Ocelots and an initial spares package for the Light Protected Patrol Vehicle (LPPV) program. The contract is valued at approximately £180 million (approximately US $280 million) with delivery of the vehicles scheduled to begin in the second half of 2011 and be completed by spring 2012.
The announcement means that Force Protection Europe’s unique new light protected patrol vehicle can now lay claim to two important industry firsts. The Ocelot will be the first ever British designed and built protected patrol vehicle to include a fully composite pod to protect the occupants. This innovative module has been developed by drawing on technology from the motorsports industry.

Ocelot will also be the first British military vehicle to accommodate the MoD’s new Generic Vehicle Architecture (GVA) requirements. The objective of the GVA project is to create a single, standard digital electronic and electrical architecture for UK vehicles that will enable crew to manage power and handle data efficiently on the vehicle, and for the vehicle to be easily adapted when the need arises.

Designed, developed and built in the UK by survivability specialist Force Protection Europe and automotive specialist Ricardo plc, together with Team Ocelot partners Thales, QinetiQ, Formaplex, DSG and Sula, the Ocelot is the most highly protected and agile vehicle of its size and weight that is available today. A clean sheet design, the Ocelot has undergone more than 12 months of rigorous blast and mobility testing before being chosen by the MoD.

David Hind, Managing Director, Force Protection Europe, said, “We are absolutely delighted to be awarded this important contract. Ocelot is a step change in protected mobility for this weight and class of vehicle and I am confident that it will be used to great effect in Afghanistan and any future operations. My number one priority now is to ensure that these vehicles are delivered to the MoD within the agreed timeframe. We are fully geared up to achieve this.”

Michael Moody, Chairman and Chief Executive Officer of Force Protection, Inc., said, “We are pleased to have completed the contract negotiations to supply our Ocelot vehicle for the UK forces. We believe that our success in the LPPV program gives the Ocelot significant credibility and will be a catalyst for opportunities in the U.S. and other markets around the world, including in Australia where we are pursuing a contract to manufacture up to 1,300 next-generation protected mobility vehicles under the ‘Land 121 Phase 4’ program.”
http://finance.yahoo.com/news/United-Kingdom-Ministry-of-bw-…

[coolrunning]

Der Kurs ist einfach lächerlich für
a) die Aussichten des Unternehmens
b) Eigenkapitalquote
c) Auftragsbestand


Einzig die Auseinandersetzung mit den Altlasten (McGilton und Co.) ist noch offen, denn die Mios werden meiner Meinung nach nicht reichen...
Die Verursacher müssten dafür bluten, aber - wie so oft - kann man denen wohl nicht an den Geldbeutel...


Trotzdem frage ich mich, warum wir nicht schon bei mind. 6,50 stehen...

[coolrunning]

http://www.fool.com/investing/general/2010/12/02/force-prote…

[Gexe006]

Ein kleiner Auftrag von der NAVY

Force Protection Industries, Inc., Ladson, S.C., is being awarded a $17,430,254 firm-fixed-price modification under previously awarded contract (M67854-07-D-5031) for a 12-month renewal of 54 field service representatives to provide the full spectrum of support, modernization, and upgrade work on the Cougar Mine Resistant Ambush Protected (MRAP) vehicle fleet. Work will be performed in Kuwait, and is expected to be completed by Dec. 31, 2011. Contract funds will expire at the end of the current fiscal year. Marine Corps Systems Command, Quantico, Va., is the contracting activity.

http://www.defense.gov/contracts/contract.aspx?contractid=44…

Oshkosh war gestern der Große Abräumer bei neuen Contracten

[coolrunning]

Ocelot

http://www.carsguide.com.au/site/news-and-reviews/car-news/a…

[coolrunning]

U.S. ratifies U.K., Australia defense-trade treaty

NEW YORK (MarketWatch) -- The U.S. Senate approved a three-way treaty with the Britain and Australia to make it easier for business to export military-related hardware. The treaty, ratified late Wednesday, intends to remove bureaucratic delays when it comes to shipping military hardware between the three countries. "By eliminating unnecessary red tape, the treaties will allow our countries to work even more closely together," said Senate Foreign Relations Committee Chairman John Kerry (D-Mass.) in a statement.
............
. Possibly the Apple of defense.

According to an industry source, the Marine Corps is talking with Force Protection to evaluate the Ocelot as a lighter weight and lower cost alternative to the Joint Light Tactical Vehicle (JLTV), a Humvee-replacement effort with the U.S. Army.

The Ocelot is a potential competitor with the JLTV in Australia, where the government is pursuing parallel development efforts for 1,300 new light protected mobility vehicles.


----------------------------------------------------


280 Mio !
http://www.upi.com/Business_News/Security-Industry/2010/12/0…

----------------------------------------------------------



8,8 Mio !
Force Protection Industries, Inc., Ladson, S.C., is being awarded an $8,836,632 firm-fixed-price modification under previously awarded contract (M67854-07-D-5031) for 25 field service representatives for the installation of the rocket-propelled grenade nets in support of the Mine Resistant Ambush Protected vehicle fleet. Work will be performed in Afghanistan, and is expected to be completed by Nov 30, 2011. This action is using fiscal 2011 Operations and Maintenance Marine Corps funds, which will expire at the end of the current fiscal year. Marine Corps Systems Command, Quantico, Va., is the contracting activity

----------------------------------------------------------------------

[Gexe006]

Michael Moody
Chairman and CEO, Force Protection

Published: 6 December 2010
Force Protection landed its first contract for a new breed of light protected patrol vehicles last week when the British military inked a 180 million pound ($280 million) deal for 200 of the company's Ocelot machines.

Now, on the back of improving company fortunes, CEO Michael Moody says he is scouting for acquisitions in the $100 million-plus bracket to take Force Protection into new areas of the survivability business.

It's a far cry from 2008, when Moody, an Australian, stepped in to head a struggling company that couldn't produce accounts for 2007 and was suffering other significant management and shareholder issues.

Q. How important is the British light protected patrol vehicle contract for Force Protection?

A. I call it a company-changing event. Fifteen months after losing the U.S. MRAP all-terrain vehicle contest, we have produced a really innovative, modular vehicle which meets local requirements. We have demonstrated real skill and sophistication in developing this vehicle, so it's very important for our credibility.

Secondly, we see in Britain and other markets that this lighter class of mobile, highly protected vehicles is an excellent area for Force Protection to develop. It gives us a broader range of products, markets and customers.

Q. The British initially want Ocelot as a patrol vehicle, but do you see orders for other roles at a later date?

A. It depends what happens in terms of priorities and the availability of funds. It's not unrealistic though, to expect orders for up to 400 patrol vehicles in the short-term.

But you could also see where it would fit a number of requirements like the WMIK reconnaissance and fire-support vehicle and Operational Utility Vehicle System. We are certainly hearing those sorts of things, although I wouldn't want to represent to you as us having active discussions.

Q. Aside from other military variants, does the vehicle have paramilitary potential?

A. One of the big opportunities is to develop a version of Ocelot which retains the same basic principles in terms of modularity and methods of protection but uses more generic engine drive-train parts and less sophisticated materials to allow us to lower the price and move it into what you might regard as paramilitary or border patrol. Certainly, if you look at the Middle East, Africa, closer to home in places like Mexico and Colombia, I believe there are excellent opportunities for such a vehicle, and we have already started work on it.

Q. What are the other opportunities out there for Ocelot?

A. Getting it delivered to the British troops in Afghanistan on time and on budget is our absolute first priority.

After that, our priorities are the Australian Land 121 program. We have been short-listed, and the first two evaluation vehicles are being built in the U.K. for shipping in early 2011.

We are actively pursuing U.S. opportunities. Ocelot offers a real alternative to the three machines being developed for the JLTV [Joint Light Tactical Vehicle] program. We believe that competition will reopen next year and we are looking at the mechanism by which we could compete. In addition, we are looking at the Marine Corps requirement for a light, highly protected expeditionary machine. Whether that might be through JLTV or directly is an area we are pursuing. Then, obviously, there are Special Forces opportunities, so the U.S. initiatives are really important.

Q. Has the poor reputation you acquired first on late deliveries in 2005 and later on other serious management shortcomings been laid to rest?

A. Very largely it has. The resolution of the shareholder lawsuits are really the final part of that.

When I was appointed in 2008, the company faced some very significant challenges. It had grown very rapidly, couldn't file its 2007 financial statements, the audit firm departed, and shareholders were serving lawsuits on the company at about that time. We had a significant number of material weaknesses, which we announced.

What we have done over the last couple of years is to go back and address those issues. We have eliminated our material weaknesses, made sure we can file our accounts on time, dealt with the shortcomings in process and systems, and enhanced and strengthened our management. There remain things that need to be polished, and we need to get the court approval to the resolution of the lawsuits. But we are at the turning point. We have built a strong foundation, and now we have the chance to capitalize on that through the British order and other developments.

Q. JLTV and the U.S. military vehicles maintenance deal in the Middle East are big programs. Will you have to partner on these?

A. We are very comfortable partnering. We are partnering with automotive specialist Ricardo on Ocelot. The RCV/MRAP [route clearance vehicle/mine resistant ambush protected] maintenance contract is one we wouldn't want to do on our own. When we look toward participating in JLTV, it's realistic to see we might be involved with someone else.

Q. Revenue levels have been erratic. Where do you see them heading?

A. They have been as high as $1.3 billion. Last year it was $970 million, and this year it will be somewhat below that. We think revenues can now start to grow, and I'm looking at $1 billion to $1.5 billion over the three- to five-years period.

On gross profits, we are focused on 20 percent, and we are getting some improvement on that. There are challenges on profit levels in the short term, though, as I believe we need to continue to spend money on research and development and business development, particularly over the next couple of years. Historically, we have had a relatively narrow focus of products, business and customers, but we have done a lot of work to reposition the company with Ocelot, the new Joint All-Terrain Modular Mobility Asset vehicle, pursuit of the U.S. maintenance contract, and the opportunity to be in paramilitary and border control markets.

Q. Where do you want Force Protection to be in five years?

A. I want us to be seen as a leading provider of protection solutions with a broader footprint than we have at the moment. I also want us to be seen as an innovative and forward-leaning company willing to invest its own money. Combine those thing and you have a powerful company. Revenue doesn't have to be in the billions-of-dollars bracket to be seen as really credible.

Q. Could acquisition help you provide that broader footprint?

A. We will look toward acquisitions that allow us to broaden the business. That can be in areas not purely military or purely vehicles, but based on opportunities around things like materials and service and sustainment. Whatever we do, it will be within the focus of survivability solutions. Opportunities need to be meaningful, so we are looking at acquisitions above $25 million but below the hundreds of millions of dollars mark. We might borrow some money to do the deal, but we are not going to heavily leverage the company.

The other thing we are looking to do is contribute our skill and capabilities across a wider range of platforms than just our own. It's aspirational for the moment, but the win in the U.K. has demonstrated to ourselves and others that there is something special that Force Protection can offer to others on survivability for new and existing platforms.

Q. NP Aerospace integrates Cougar vehicles destined for the British military. Does that type of arrangement have a future?

A. We see Force Protection delivering a full capability to the customer. What we have done historically, not just in the U.K., is for all the basic vehicles built by the company in South Carolina to be integrated elsewhere. As we go forward - and Ocelot is a good example - we believe in delivery to the customer of the full integrated solution. It does mean the relationship we had with NP Aerospace is changing, but those orders are coming to an end anyway.

If the U.K. MoD [Ministry of Defence] decides to purchase additional Cougar vehicles, they will continue to go through the arrangement with NP Aerospace, but fundamentally we are moving away from that model. IST, our joint venture with NP Aerospace to support the British vehicles, remains very important.

Q. What's the revenue split going to look like going forward?

A. Ocelot is going to have an impact. At the moment, two-thirds of our revenue comes from spares, sustainment and modernization, and about a third is coming from vehicle orders. Over the next few years that could move close to 50/50 given the reasonable order prospects in Australia, Canada, the U.S. and elsewhere.

When withdrawal takes place in Afghanistan, the operational requirements will decline, but we certainly expect vehicles will come back and be reset and brought up to current production-level capability, so there are those sorts of support opportunities as well a possible recapitalization of fleets. Ë

- By Andrew Chuter in London.

Company Profile

■ Headquarters: Summerville, S.C.

■ 2009 revenue: $977 million.

■ Employees: 1,300.

■ 2010 Orders to date: $960 million, including Ocelot deal.

Source: Force Protection

http://www.defensenews.com/story.php?i=5164686&c=FEA&s=INT

[coolrunning]

http://www.mysmartrend.com/news-briefs/news-watch/best-relat…

[coolrunning]

Force Protection Industries, Inc., Ladson, S.C., is being awarded a $13,436,254 firm-fixed-price modification under previously awarded contract (M67854-07-D-5031) for 87 field service representatives for operations at the Mine Resistant Ambush Protected (MRAP) support facility in support of the MRAP vehicle fleet. Work will be performed in Kuwait and is expected to be completed June 30, 2011. Contract funds will expire at the end of the current fiscal year. Marine Corps Systems Command, Quantico, Va., is the contracting activity.

[Hufeland]

press release

Dec. 16, 2010, 4:05 p.m. EST
Force Protection Announces Over $1 Billion in New Orders During 2010
~$13.4 Million Order for Field Service Representative Support Pushes Total Orders Over $1 Billion~

LADSON, S.C., Dec 16, 2010 (BUSINESS WIRE) -- --~Orders Reflect a Balanced Mix of 53% for Modernization, Spares and Sustainment and 47% for Vehicles~

Force Protection Industries, Inc., a Force Protection Inc. /quotes/comstock/15*!frpt/quotes/nls/frpt (FRPT 5.43, 0.03, 0.56%) group company, today announced that it has reached a significant milestone during 2010 with the receipt to date of more than $1 billion in new orders. A modification to contract M67854-07-C-5031 on December 15, 2010 for approximately $13.4 million from the U.S. Marine Corps Systems Command to provide additional field service support propelled the total orders received during 2010 beyond the $1 billion mark. Of the orders received, approximately 53% were associated with modernization, spares and sustainment for the Company's installed fleet of over 4,500 vehicles worldwide. New vehicle orders accounted for approximately 47% of the total.

Randy Hutcherson, Chief Operating Officer for Force Protection Industries, Inc., said, "This important milestone is the result of the hard work and attention that we placed on a number of initiatives during 2010. These efforts included continued expansion of our Kuwait operations and leaning forward in Afghanistan to capitalize on opportunities to provide much needed upgrades and modernization on our existing fleet of vehicles and MRAPs supplied by other OEMs, as well as providing spares and sustainment for our vehicles in the ongoing operations that have now transitioned from Iraq to Afghanistan. Just as important was our focus on obtaining additional Buffalo and Cougar vehicle orders, as well as the design, development and successful marketing of the Ocelot for competition in, and ultimate contract award for, the United Kingdom's Light Protected Patrol Vehicle program in which deliveries are scheduled to begin in the second half of 2011. I am extremely proud of the outstanding efforts from all of our employees worldwide who contributed to the success of the company in 2010. We look forward to continuing to grow the business from the strong base that has been established."

Michael Moody, Chairman and Chief Executive Officer of Force Protection Inc., further commented, "Responding to the needs of the customer remains paramount, and today's announcement is a direct reflection on the significant efforts we have undertaken to further differentiate Force Protection in the marketplace. As we have done with the development of the uniquely-positioned Ocelot, Force Protection will continue to leverage its innovative and nimble operating culture to provide our customers with exceptional survivability solutions and ensure that the troops have the best resources available to promote success on the battlefield."

About Force Protection, Inc.

Force Protection, Inc. is a leading designer, developer and manufacturer of survivability solutions, including blast- and ballistic-protected wheeled vehicles currently deployed by the U.S. military and its allies to support armed forces and security personnel in conflict zones. The Company's specialty vehicles, including the Buffalo, the Cougar and its related variants, and the Ocelot are designed specifically for reconnaissance and urban operations and to protect their occupants from landmines, hostile fire, and improvised explosive devices ("IEDs", commonly referred to as roadside bombs). Complementing these efforts, the Company is designing, developing and marketing a new vehicle platform, the JAMMA, which provides increased modularity, speed, and mobility. The Company also develops, manufactures, tests, delivers and supports products and services aimed at further enhancing the survivability of users against additional threats. In addition, the Company provides long-term life cycle support services of its vehicles that involve development of technical data packages, supply of spares, field and depot maintenance activities, assignment of highly-skilled field service representatives, and advanced on and off-road driver and maintenance training programs. For more information on Force Protection and its products and services, visit www.forceprotection.net.

Safe Harbor Statement

This press release contains forward looking statements that are not historical facts, including statements about our beliefs and expectations. These statements are based on beliefs and assumptions of Force Protection's management, and on information currently available to management. These forward looking statements include, among other things: the growth, demand and interest for Force Protection's products and services, expectations for future vehicle spares, modernization and service-related contracts; the benefits and suitability of the Company's products and service-related contracts; the effects of the Company's survivability solutions; expected work completion and delivery dates; and the Company's execution of its business strategy and strategic transformation, including its opportunities to grow the business. Forward-looking statements speak only as of the date they are made, and the Company undertakes no obligation to update any of them publicly in light of new information or future events. A number of important factors could cause actual results to differ materially from those contained in any forward-looking statements. Examples of these factors include, but are not limited to: the ability to effectively manage the risks in the Company's business; the ability to develop new technologies and products and the acceptance of these technologies and products; and the other risk factors and cautionary statements listed in the Company's periodic reports filed with the Securities and Exchange Commission, including the risks set forth in the Company's Annual Report on Form 10-K for the year ended December 31, 2009 and as updated in the Quarterly Report on Form 10-Q for the quarter ended September 30, 2010.

SOURCE: Force Protection Industries, Inc.

[kyron7htx]

Pre-Market Charts | After Hours Charts Dec. 16, 2010 Market Close: $ 5.43 After Hours Last:
Net / % Change $ 5.74

.31 (5.71%) After Hours High: $ 5.75
After Hours Volume: 4,803 After Hours Low: $ 5.43 Learn more about the After-Hours trading session. Trade Detail
After Hours
Time (ET) After Hours
Price After Hours
Share Volume
18:27 $ 5.74 500
18:27 $ 5.75 266
18:27 $ 5.75 400
18:27 $ 5.75 400
18:27 $ 5.75 324
17:29 $ 5.43 904
16:23 $ 5.50 200
16:21 $ 5.43 709
16:05 $ 5.4631 1,100



1

Read more: http://www.nasdaq.com/aspxcontent/ExtendedTradingTrades.aspx…

[coolrunning]

U.K. Adds 37 Mastiffs To Army
By ANDREW CHUTER
Published: 25 Jun 2010 10:46
LONDON - British force protection capabilities will be boosted by an order for additional Mastiff mine resistant armored vehicles from U.S. builder Force Protection.

The Ministry of Defence has purchased a further 37 Mastiff machines to add to the fleet of 277 vehicles it has ordered from the MRAP builder since 2006. Most of the existing fleet is operational in Afghanistan, where it is protecting troops fighting the Taliban in southern Afghanistan.

Land Warfare
The deal has not been officially announced by the Ministry of Defence, but a spokesman confirmed a contract for the vehicle was signed recently.

Mastiff is the British variant of the widely used six-wheel-drive Cougar vehicle. Force Protection produces the basic vehicle, with U.K. company NP Aerospace modifying the machine to local requirements.

The Mastiff deal is the second Force Protection success here in two days. On June 23, British defense procurement and technology minister Peter Luff announced the military was also acquiring a further 28 Wolfhound armored trucks from the firm.

Luff also announced an order for a further 140 Jackal patrol vehicles from Supacat in a deal worth 45 million pounds ($67.3 million). The contract takes Jackal numbers in the British Army beyond the 500 mark. The latest deal is for the 2A version of the off-road vehicle, which has a better protected cab area than earlier Jackals.

Some 97 Wolfhounds, the truck variant of the Mastiff, were originally ordered in April 2009 by the then-Labour administration as part of a 350 million pound tactical support vehicle program involving more than 400 machines of various categories.

Together, the new Wolfhound and Mastiff orders are probably worth about 40 million pounds.

Force Protection also supplies Britain with the four-wheel-drive version of the Cougar, known here as the Ridgback. A total of 154 Ridgbacks were ordered by the MoD and further vehicles are likely to be purchased later this year.

The first of the Wolfhounds are expected in theater this summer.

[Gexe006]

Ich wünsche den Wenigen hier Verbliebenen



und mögen unsere Wünsche in Erfüllung gehen

[VirtualNormann]

Bundeswehr in Afghanistan
Guttenberg auf Einkaufstour
23. Dezember 2010, 16:47

Trotz des beschlossenen Afghanistan-Abzugs investiert die Bundeswehr in neues Gerät

Spätestens 2014, versprach Außenminister Guido Westerwelle, sollen die letzten deutschen Kampftruppen aus Afghanistan abziehen. Bundeskanzlerin Merkel und Verteidigungsminister Guttenberg betonen hingegen, man werde nicht "Hals über Kopf einfach Afghanistan verlassen" und so die Verbündeten im Stich lassen.

"Es ist in Ordnung, zeitliche Ziele für einen Rückzug vorzugeben, aber man muss klarmachen, dass alles davon abhängt, wie sich die militärische und die politische Situation entwickeln", sagte dazu der CDU-Außenpolitiker Ruprecht Polenz (CDU). Falls sich die Lage bis 2014 nicht gebessert habe, müsse die Bundeswehr bleiben.

Neuanschaffungen

Auch die am Mittwoch bekanntgewordenen Neuanschaffungen der Bundeswehr sprechen nicht für einen raschen Abzug: Verteidigungsminister Karl-Theodor Guttenberg verspricht der Truppe, bis Ende 2011 würden 150 zusätzliche Panzerwagen an den Hindukusch verlegt. Außerdem besorgt die Bundeswehr moderne Nachtsichtgeräte und leistungsstärkere Mörsermunition.

Gegen am Straßenrand versteckte Sprengsätze sollen die deutschen Soldaten künftig den "Mini Minewolf" einsetzen. Das Räumgerät aus deutsch/schweizer Produktion setzte sich gegen den "Buffalo" des US-Herstellers Force Protection Inc. durch. (bed)

http://derstandard.at/1292462538324/Bundeswehr-in-Afghanista…

Der "Minewolf" ist wohl vernbedienbar... wär mir als Soldat wohl auch lieber.

Gruß Normann

[Gexe006]

Ricardo signs contract with Force Protection Europe for manufacture of UK MoD's ‘Foxhound’ protected patrol vehicle

Press release
Release date: 24 December 2010
It can be announced today that Ricardo UK Ltd has signed a £12.1M contract with Force Protection Europe Ltd relating to the manufacture of Ocelot vehicles, which are to be designated as ‘Foxhound’ in their role with UK forces.

This contract will cover the manufacture of the first two hundred Foxhound vehicles at Ricardo commencing during 2011. Commenting on the award of this contract, Ricardo CEO Dave Shemmans said: “The award of this contract by Force Protection Europe is excellent news and marks a fantastic start to 2011 for Ricardo. The Foxhound is a major advance in defence vehicle technology, offering an agile and highly flexible vehicle package with unparalleled standards of crew protection. We are pleased to have played a central role in developing this innovative new vehicle and look forward to working with Force Protection in the manufacture of the first 200 Foxhounds for use by British forces.”

Ends


http://www.ricardo.com/News--Media/Press-releases/News-relea…

[Gexe006]

Force Protection Europe
EHB Commercial has been retained to identify and negotiate the acquisition of two substantial warehouse buildings for local company Force Protection Europe Ltd. FPE Ltd have recently won an MOD contract to supply the Army with armoured personnel carriers for, in particular, the war in Afghanistan, and are seeking 135,000 sq.ft of warehousing close to Coventry for occupation in the early New Year. Thereafter we will be seeking a further warehouse of, again, circa 135,000 sq.ft plus offices for around 150 people.

http://ehbcommercial.co.uk/ehb_news.asp
ganz unten rechts

[carpediem2]

Hallo, na weiss jemand was neues.....geht ja gerade mal kurz auf 6$ bei starken Umsätzen....kann keine News finden??

[Gexe006]

Antwort auf Beitrag Nr.: 40.833.790 von carpediem2 am 10.01.11 17:07:02

Ne keine Ahnung, hab mich auch schon gefragt was das war

[carpediem2]

Wir werden´s sicherlich auch noch erfahren

[coolrunning]

Iraq To Buy 26 Billion Dollars Worth Of Armaments From USA
rmy News — By RIA Novosti on January 10, 2011 4:41 am

Iraq To Buy 26 Billion Dollars Worth Of Armaments From USA

Iraq will buy armaments worth $13 billion from the United States by 2013 and will spend another $13 bn on weapons later, a Baghdad newspaper reported citing an Iraqi Defense Ministry spokesman.

Al Ittihad quoted Major General Mohammed Al Askari as saying that Iraq has already concluded a contract worth more than $13 bn with the United States.

The money will be used to buy aircraft, helicopters, tanks, other armored vehicles, warships and missiles, to enter service with the Iraqi defense and interior ministries.

http://www.defencetalk.com/iraq-to-buy-26-billion-dollars-wo…

Wollen wir hoffen, das FRPT auch etwas davon abbekommt. Das würde uns weiterbringen...

[Gexe006]

Neue Präsentation

http://phx.corporate-ir.net/External.File?item=UGFyZW50SUQ9N…

[Gexe006]

Foxhound has right formula to be a front line winner

desider the magazine for defence equipment and support

11.01.2011

Seite 18 und 19
http://www.mod.uk/NR/rdonlyres/75A42117-FFDA-4FAF-A31E-B8FDE…

[kyron7htx]

International export markets beckon for Force Protection Europe’s world-leading next-generation vehicle
Ocelot makes its first public appearance since the UK MoD awarded the LPPV programme contract to FPE

12:40 GMT, January 31, 2011 Force Protection Europe’s contract winning light protected patrol vehicle, Ocelot, will be appearing at this year’s International Armoured Vehicles exhibition on 8 and 9 February at ExCeL in London. This will be the first time that the vehicle has been on public view since Force Protection Europe was awarded a contract last November to supply the UK MoD with 200 of the vehicles.

The first batch of vehicles, which will be known as Foxhound by the British Army, will be delivered to the Army’s training fleet later this year with the final vehicles scheduled to be completed by Spring 2012.

Designed, developed and built in the UK by survivability specialist Force Protection Europe, together with Team Ocelot partners automotive specialist Ricardo plc, Thales, QinetiQ, Formaplex, DSG and Sula, Ocelot is the most highly protected and agile vehicle of its size and weight that is available today.

Ocelot moved from concept to development over a remarkably short time frame for a military vehicle. Marrying together innovations from the motorsport arena with traditional defence vehicle development discipline, Ocelot underwent more than 12 months of rigorous blast and mobility testing before being chosen by the MoD.

David Hind, Managing Director, Force Protection Europe, said, “Our prime goal for this year is to meet the MoD’s schedule for the LPPV programme. However Ocelot’s success has also generated international interest in this ground breaking vehicle, which we hope to see being developed for other markets; the first of these is Australia as we prepare to send two Ocelots – a utility and a command variant – Down Under for testing in the Land 121 Phase 4 Project for the Protected Mobility Vehicle – Light prototype.”

Force Protection, Inc.



Company or Organisation Portrait:
Team Ocelot brings together a number of contractors, specialist and best in class development and manufacturing companies and systems integrators, under the umbrella of Force Protection Europe, as the prime contractor and survivability specialist , to design, develop, manufacture and support the next generation of light protected vehicles for the defence market in the United Kingdom. The design provides the very best levels of protection for troops – comparable with the Cougar family of Mine Resistant Ambush Protected (MRAP) vehicles – while also offering exceptional cross country mobility, flexibility and value for money. The vehicles’ unique modular design, protects the occupants and also its critical components from mine and blast threats, and enables rapid mission re-roling. Growth for payload, power management and incremental uplift are designed in from the outset. The Team consists of, Force Protection Europe, Ricardo Plc, Thales UK, QinetiQ, Formaplex, Sula Systems and the Defence Support Group.

Force Protection Europe Ltd (FPE) is a wholly owned subsidiary of Force Protection Industries, Inc. (FPII) - the world's leading provider of survivability solutions. FPII’s Cougar MPRAP vehicles (in service with the British Army as Mastiff, Ridgback and Wolfhound) are acknowledged globally as providing the highest levels of blast protection. FPE has been established to create a UK leader in the provision and sustainment of survivability solutions based on tactical wheeled vehicles.
Company or Organisation Contact:
Victoria Bailey / Georgia Langdon
CMS Strategic
[phone]
[e-mail]

[coolrunning]

http://ir.forceprotection.net/phoenix.zhtml?c=114807&p=irol-…

Interessant ! Black Rock ist ja kein Unbekannter Investor und stockt weiter auf....

[Gexe006]

Minister for International Security Strategy dispatches two Ocelots for trials Down Under

Press release
Release date: 8 February 2011

Gerald Howarth MP, UK Minister for International Security Strategy, today had the first viewing of the utility and command variants of Force Protection Europe’s Ocelot, as they were being prepared for transportation to Australia.


During a visit to the Ricardo engineering facility in Shoreham, where the two variants have been manufactured, the Minister was given a full briefing on both vehicles’ capabilities. Every Ocelot has a v-shaped spine running the length of the vehicle, which protects the occupants and also its critical components from mine and blast threats. On top of the v-spine is an integrated pod which can be configured for a variety of mission roles such as the utility and command variants (required for the Land 121 programme); protected patrol variant (UK’s Foxhound LPPV); and the special weapons variant (PV funded by FPE).


Force Protection Europe’s contract winning light protected patrol vehicle, Ocelot, is also appearing at this year’s International Armoured Vehicles exhibition which takes place on 8 - 9 February at ExCeL in London. This will be the first time that the protected patrol vehicle variant has been on public view since Force Protection Europe was awarded a contract last November to supply the UK MoD with 200 of the vehicles.

Ocelot has been hailed as the most highly protected and agile vehicle of its size and weight available on today’s market. The brainchild of survivability specialist Force Protection Europe and automotive specialist Ricardo plc, the vehicle is being built in Ricardo’s manufacturing facility.

The Minister said: “The Ocelot is a testament to British design and engineering skills. It has already been selected by the UK Government for our Light Protected Patrol Vehicle programme as it offers unparalleled levels of protection for a vehicle of its size and weight, with exceptional performance both on and off road. I believe the Ocelot has the qualities which other Armies require to meet today’s operational challenges, and I wish the team every success in exporting this excellent vehicle.”

David Hind, Managing Director of Force Protection Europe, said: “Today’s Ocelot is clearly demonstrating its outstanding versatility with the unveiling of two new pod variants designed for very different roles. One of the most attractive aspects of the vehicle, on top of its survivability levels which protect the crew and mission systems, is its unique modular construction which means that pods can easily be changed in theatre to suit the requirements of each mission. I am delighted that we are able to share this outstanding achievement with Ricardo plc, where we have also chosen to place the manufacturing of the Foxhound.”

Martin Fausset, Managing Director of Ricardo UK, added: "I am pleased to welcome Gerald Howarth to Ricardo to preview the two Ocelots shortly to be exported for the Australian Land 121 programme and to meet the teams responsible for the design and development of this highly advanced vehicle concept which offers unparalleled standards of performance, adaptability and crew protection. We are extremely pleased to be working with Force Protection Europe to develop further opportunities for this truly class-leading vehicle on a global basis."

http://www.ricardo.com/en-gb/News--Media/Press-releases/News…

http://www.ricardo.com/Documents/PRs%20pdf/PRs%202011/Minist…

nix wirklich neues, aber besser als nix.
Könnte mal wieder ein Auftrag reinflattern
Na wenigstens gibt es noch ab und an einen Artikel in UK

Warten wir halt noch ein bißchen auf die Zahlen und hoffen auf "GUTE"

[Gexe006]

Ricardo bids for £1bn Australian army contract with Foxhounds
British company Ricardo, which has developed a "world-beating" vehicle to replace the maligned Snatch Land Rovers, is in the running to win a A$1.3bn (£1bn) contract with the Australian army.

By Thomas Harding, Defence Correspondent 6:15AM GMT 09 Feb 2011 Comment
The deal would secure 1,000 British defence jobs for the motor company, which is based in Shoreham-by-Sea, West Sussex.

Two of the mine-protected Foxhounds will leave for Australia later this month as part of trials for a light-weight protected vehicle. Ricardo, which made the Foxhound in alliance with Force Protection Europe, will be in competition with vehicles from Thales and General Dynamics.

A key factor in Ricardo potentially winning the bid will be the decision by the British Army to select the Foxhound as its new Light Protected Patrol Vehicle that will be ready for operations in Afghanistan next spring.

Ricardo won a £200m contract last year to build 200 of the seven ton trucks that have a unique bomb-resistant hull design. The Telegraph has learnt that the Ministry of Defence is now likely to order at least another 200 Foxhounds, originally called Ocelot.

It is also understood that several Middle Eastern countries and the American military are interested in it.
The vehicle was developed as an Urgent Operational Requirement by the previous government after stinging criticism over the poorly protected Snatch in which 37 soldiers were killed in Iraq and Afghanistan.

Crucially, the two competitors - Ricardo and Supacat - were given a year for development

Using Formula 1 technology, Ricardo has engineered a truck that can carry six troops, has a mounted machine gun and unique Velcro-type stick-on armour. It can drive on three wheels, have its engine block changed in 30 minutes and has so far resisted 46 blast tests.

Its mobility, relative light weight but high protection makes Foxhound ideal for counter insurgency warfare.

Gerald Howarth, the defence minister speaking at Ricardo's factory on Tuesday said: "I think this vehicle presents us with one of the best British export opportunities in a long time. No one in the world has this capability. I do salute my predecessors in the Labour government who ran this programme. This is a world-beating and life-saving vehicle for our Armed Forces."

The Coalition is leading a major defence export drive that saw Liam Fox, the Defence Secretary, visit Australia last month.
http://www.telegraph.co.uk/finance/newsbysector/industry/def…

[kyron7htx]

Daniel Wagner, AP Business Writer, On Tuesday February 15, 2011, 9:02 pm EST
WASHINGTON (AP) -- The nation's top defense contractors will bid for slices of a smaller pie, and several will suffer from major program cancellations under the fiscal year 2012 budget proposed by President Barack Obama this week, analysts said Tuesday.

Obama's proposed defense budget would reduce overall military spending by 5 percent in the year beginning Oct. 1, as the Pentagon pulls back troops from Iraq and Afghanistan, Morgan Keegan & Co. Inc. analysts Brian Ruttenbur and Peter Kostiuk said in a research note. Budgets for procurement, research and development, which have the most direct impact on top defense players, would be pared by 0.4 percent for the year, the analysts said. Those companies also will suffer from Obama's requests to cancel or scale back a number of costly, high-profile programs.

Smaller companies serving niche markets would fare better in an environment of declining spending, the analysts said. As potential winners, they pointed to FLIR Systems Inc., an imaging company based in Wilsonville, Ore.; and Force Protection Inc., an armored vehicle company based in Ladson, S.C.

Among the defense programs that Obama's budget would shrink or eliminate:

-- The Marine Corps' Expeditionary Fighting Vehicle program, which would cost another $12 billion to complete, would be canceled. That's a blow to General Dynamics Corp., based in Falls Church, Va.

-- The F-35 fighter jet program would be restructured, and 124 fewer aircraft would be ordered. That could hurt Lockheed Martin Corp., based in Bethesda, Md.; and Northrop Grumman Corp., based in Los Angeles.

-- The surface-to-air missile program known as SLAMRAAM would be canceled -- bad news for Raytheon Co., based in Waltham, Mass.

-- A no-line of sight launch system worth $3.2 billion would be canceled, possibly trimming revenue at Lockheed and Raytheon.

-- A next-generation mobile missile and air defense system known as MEADS would be canceled. That would hurt Lockheed.

-- Overall spending on unmanned aerial vehicles, known as drones, would fall 6 percent from 2011. That's a negative for AeroVironment Inc., based in Monrovia, Calif.

On Tuesday, FLIR shares closed up a penny at $31.93. Force Protection shares also added 1 cent to $5.68.

General Dynamics shares rose 75 cents to $77.62, and Lockheed Martin shares increased 56 cents to $81.48.

Northrop Grumman shares gained 44 cents to $69.14, while Raytheon shares lost 7 cents to $50.79 and AeroVironment shares rose 69 cents to finish at $28.77.

[Gexe006]

[coolrunning]

http://www.army-guide.com/eng/article/article.php?forumID=21…

[KMST]

heute habe ich endlich auch das prospect für das class action suit bekommen. mal sehen wieviel pro share vom 24 millionen doller vergleich übrig bleibt, muss das erstmal noch studieren

[VirtualNormann]

Howarth Ocelot

http://www.youtube.com/watch?v=vMzpfsXPJHE&feature=feedu

[Gexe006]

Force Protection Europe's revolutionary light protected patrol vehicle launches in the Middle East
Our Bureau
Sun, Feb 20, 2011 09:53 CET
Force Protection Europe's next-generation light protected patrol vehicle - the Ocelot Today (20 February 2011), Force Protection Europe's next-generation light protected patrol vehicle, Ocelot, is being launched in the Middle East at the region's largest defence and security exhibition IDEX, which takes place from 20-24 February at the Abu Dhabi National Exhibition Centre.


Ocelot is the most highly protected and agile vehicle of its size and weight available on today's market. At the end of last year the United Kingdom's Ministry of Defence (MoD) demonstrated its confidence in the vehicle by awarding Force Protection Europe a contract to supply 200 to the British Army in its Foxhound variant.

What makes Ocelot stand out from other vehicles of a similar size and weight is the high level of protection it offers to the occupants, while at the same time providing exceptional cross country mobility and flexibility. The vehicle has a unique modular design and an armoured v-shaped hull which runs the length of the vehicle to protect the occupants and also the critical components from mine and blast threats.

Depending on the desired role of the Ocelot, different pod variants, which sit on the v-shaped spine, can be easily swopped over to suit different missions. The Ocelot that is being showcased during IDEX has a protected patrol vehicle pod but an example of a weapons-mounted infantry kit (WMIK) pod will also be on display. The vehicle has also been designed from the outset to allow for growth in payload, power management and incremental uplift.

Created and manufactured in the UK, after a rapid and robust design and testing programme, the vehicle is the brainchild of survivability specialist Force Protection Europe. A subsidiary of Force Protection Industries Inc, renowned for its world-leading mine resistant ambush protected (MRAP) vehicles such as the Cougar and Buffalo, Force Protection Europe has already gained a pedigree for combining innovations from the motorsport arena with traditional defence vehicle discipline. Force Protection Europe has worked closely on Ocelot's development with automotive specialist Ricardo plc.

The vehicle went through more than 12 months of rigorous blast and mobility testing before being selected by the MoD and the development has not stopped there. Two Ocelots, in the utility and command variant, have now been sent over to Australia for trials in the government's Land 121 Phase 4 Project.

Gerald Howarth, Minister for International Security Strategy at the UK's Ministry of Defence, will be attending a media launch event for the vehicle tomorrow (21 February). He said: "The Ocelot is a testament to British design and engineering skills. It has already been selected by the UK Government for our Light Protected Patrol Vehicle programme as it offers unparalleled levels of protection for a vehicle of its size and weight, with exceptional performance both on and off road. I believe the Ocelot has the qualities which other Armies require to meet today's operational challenges and I'm delighted that it is being considered by Governments around the world. I wish the team every success in exporting this excellent vehicle."

http://www.defenseworld.net/go/defensenews.jsp?id=5468

Kaufen, Kaufen, Marsch, Marsch
schon lange kein Auftrag mehr reingekommen

[Gexe006]

IDEX 2011: Force Protection discloses Middle East strategy
February 21, 2011

Force Protection unveiled its Foxhound protected patrol vehicle to the Middle East market at the International Defence Exhibition (IDEX) in Abu Dhabi on 21 February, as part of a 'developing strategy' in the region.

Despite recent political unrest in the region, the company's first vice president for Middle East operations, Charles Hookey, said he has been looking at a 'number of possibilities' in the area.

'The UAE is interested because it has enough money to fund procurements and Saudi Arabia is looking to fund a number of procurements. It's difficult to know as there is a certain amount of political upheaval in the area,' Hookey said while describing possible requirements in Oman following certain border issues.

Force Protection Europe managing director David Hind added that winning the contract for the UK's Light Protected Patrol Vehicle (LPPV) requirement, which saw Force Protection and Ricardo beat Supacat and NP Aerospace CH to replace ageing Snatch Land Rover vehicles, had generated 'a lot of interest' and had 'sharpened their desire to get involved in the Middle East and understand what the requirements are'.

He added that a key part of Force Protection's strategy would be a local integration and assembly partner but stressed that it was 'early days' in regards to partnering agreements. However, Hookey said he would be talking to the 'usual suspects', including International Golden Group and Emirates Advanced Investment.

'There are desires and needs for vehicles but no programme-funded requirements. Potential threats and uses of vehicles for homeland and border security are fairly big on the horizon, instead of large army battles on the flats of Iraq,' Hookey told Land Warfare International.

'The era of the big heavy MRAP [mine resistant ambush protected] vehicles is drawing to a close. New technology gives you a survivability benefit but in more a mobile, lighter and manoeuvrable package, hence Ocelot really,' he continued.

However, Force Protection said it would be offering up its entire family of vehicles to the Middle East market, including Cougar and Buffalo vehicles for mine threats and route clearance operations.

However, Hookey conceded that the UAE was more interested in rapid reaction vehicles such as Ocelot or Jamma, the latter of which is being pitched to US Air Force Special Operations Command (AFSOC) for its 'Guardian Angel' programme.

Looking ahead, Hind said the company was looking to secure a contract as part of Australia's Land 121 programme, having sent a command variant of Ocelot to the Southern Hemisphere for appraisal. 'If we win that, that puts us in a strong position for the US market,' he stated.

In terms of the UK, he described how the Ministry of Defence would soon be receiving its 'training fleet' of 35 Foxhound vehicles by October with the remainder of the 200 vehicles being delivered during the first half of 2012.

Questioned about the prospect of supplying an additional 200 systems to the MoD, Hind described the debate as 'ongoing' but said he was 'confident future numbers' would come through.

By Andrew White, Abu Dhabi


http://www.shephard.co.uk/news/landwarfareintl/idex-2011-for…

[Gexe006]

Force Protection Delivers Two Ocelot Vehicles to the Commonwealth of Australia
.Press Release Source: Force Protection Australasia Pty Ltd. On Wednesday February 23, 2011, 7:30 am EST

LADSON, S.C.--(BUSINESS WIRE)-- Force Protection Australasia Pty Ltd., a Force Protection Inc. (NASDAQ:FRPT - News) group company, today announced the delivery of two variants of the Ocelot protected light mobility vehicle (PMV-L) to the Commonwealth of Australia for the next phase of evaluation as part of the Land 121 Phase 4 program. Force Protection has handed over one each of its utility and command variants at the Monegeetta Proving Grounds in Victoria.



Force Protection Inc. Chairman and Chief Executive Officer, Michael Moody, said the delivery of the first vehicles to the Commonwealth for verification and validation is a significant step in the bidding process. “We’re very confident our design and manufacturing team have produced the most highly protected and agile vehicle of its size and weight available on today’s market. Every Ocelot has a v-shaped spine running the length of the vehicle, which protects the occupants and also its critical components from mine and blast threats.”



Mr. Moody continued: “On top of the v-spine is an integrated pod which can be configured for a variety of mission roles, such as the utility and command variants we have delivered today, plus a protected patrol variant and even a special weapons variant. One of the most attractive aspects of the vehicle, on top of its survivability levels which protect the crew and mission systems, is its unique modular construction which means that pods can easily be changed in theatre to suit the requirements of each mission.



“Local suppliers and South Australian Government representatives have been extremely positive about working with us to manufacture the Ocelot in Australia, and we know we can build a world class vehicle utilizing the best of Australian military and automotive manufacturing expertise and know-how.”



Mr. Moody further commented that Force Protection is also exhibiting a third Ocelot vehicle at next week’s Avalon 2011 Australian International Air Show, as part of the Landef exhibition.



“A vehicle mobility test track will be set up as part of Landef at the Avalon Airshow, and we’re looking forward to showing the defence industry and the public the excellent capabilities and agility of the Ocelot,” Mr. Moody concluded.



Force Protection is one of three companies selected for consideration to undertake the next phase of the Land 121 Phase 4 Manufactured and Supported in Australia (MSA) program, with the contract for the future production of up to 1300 vehicles valued at more than $A1 billion by the Australian Government. The Ocelot has already proven its worth when Force Protection was recently contracted by the UK’s Ministry of Defence (MoD) to supply Ocelot for the MoD’s urgent operational requirement for the Light Protected Patrol Vehicle program (LPPV).



In late 2010, Force Protection announced it had reached agreement with the South Australian Government to manufacture and support its Ocelot vehicle in Adelaide, if it is successful in securing the Land 121 Phase 4 production contract.



See Ocelot on display at the Avalon Arena mobility track at Avalon International Airshow, March 1-6, 2011, or visit Force Protection’s stand in Hall C.

http://finance.yahoo.com/news/Force-Protection-Delivers-Two-…

[Gexe006]

Force Protection to Announce Fourth Quarter and Full Year 2010 Results
.Companies:Force Protection, Inc.Topics:Earnings.Related Quotes
Symbol Price Change
FRPT 5.08 -0.19


Press Release Source: Force Protection, Inc. On Wednesday February 23, 2011, 4:45 pm EST

LADSON, S.C.--(BUSINESS WIRE)-- Force Protection, Inc. (NASDAQ:FRPT - News) today announced that it will release financial results for its fourth quarter and full year ended December 31, 2010, on Wednesday, March 9, 2011, after the market close. A conference call to discuss those results will be held at 4:30 p.m. Eastern Time that same day and will include comments from Michael Moody, Chairman and Chief Executive Officer; Charles Mathis, Chief Financial Officer; and, Randy Hutcherson, Chief Operating Officer. A question and answer session will follow the management commentary portion of the call.

http://finance.yahoo.com/news/Force-Protection-to-Announce-b…

[hajowe]

Bezgl. des Proof of Claim der Class Action:

Weiß jemand von euch wie die Verifizierung des Anspruchs ohne Social Security Number möglich ist? Bin hierzu leicht ratlos.

Danke

Hajo

[Camel69]

Antwort auf Beitrag Nr.: 41.099.337 von hajowe am 24.02.11 13:31:58

Hallo Hajo,

für nicht US-Bürger braucht da nichts angegeben werden. Ich habe unter der angegebenen e-mail Adresse ([e-mail]) nachgefragt und umgehend dazu eine Antwort bekommen. Kannst ja auch noch mal nachfragen...

Camel69

[hajowe]

Antwort auf Beitrag Nr.: 41.101.662 von Camel69 am 24.02.11 18:17:24

Danke Camel69 für die Info. Habe diesbezüglich auch Berman DeValerio (eine der Anwaltskanzleien die als Ansprechpartner genannt werden) eine Anfrage geschickt, allerdings noch keine Antwort erhalten. Werde dann einfach mal nichts angeben.

[coolrunning]

http://seekingalpha.com/article/255542-top-30-most-undervalu…

FRPT = 26. Platz

[coolrunning]

Wir brauchen langsam mal wieder Aufträge.....

[coolrunning]

Earnings Preview: Force Protection's Quarterly Results will be Reported in 2 Days (FRPT)
Written on Mon, 03/07/2011 - 6:47amBy David Diaz
Analysts, on average, expect Force Protection (NASDAQ:FRPT) to report earnings of $0.15 per share on sales of $197 million on March 09, 2011.
For the full year, analysts expect the company to post EPS of $0.23. In the year-ago period, the company reported EPS of $0.27 on sales of $289 million.
In the previous quarter, the company reported EPS of $0.05, missing consensus estimates of $0.12.
SmarTrend is monitoring the recent change of momentum in Force Protection. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Force Protection in search of a potential trend change.

Mal abwarten....

[Gexe006]

Press Release Source: Protection Industries, Inc. On Monday March 7, 2011, 10:31 am EST

LADSON, S.C.--(BUSINESS WIRE)-- Force Protection Industries, Inc., a Force Protection Inc. (NASDAQ:FRPT - News) group company, today announced the establishment of a Canadian subsidiary company, Force Protection Survivability Solutions Canada, Inc.



“This subsidiary will allow us to better support the Canadian market and align more closely with our many Canadian partners and suppliers,” said Michael Moody, Chief Executive Officer of Force Protection Inc. “Force Protection has developed and is offering a highly survivable and mobile vehicle for the Canadian Ministry of Defense’s Tactical Armored Vehicle Patrol, or TAPV, program. We are committed to supporting this solution for the TAPV, as well as servicing our Cougar and Buffalo vehicles currently in service with the Canadian Forces.”



The head office will be located in Ottawa, Ontario, with partnerships and supplier relationships extending across Canada.

http://finance.yahoo.com/news/Force-Protection-Establishes-b…

[Gexe006]

Force Protection Announces Financial Results for 2010 Fourth Quarter and Full Year
Publisher: Force Protection, Inc.
Date: 03/09/2011

Force Protection, Inc. (NASDAQ: FRPT) today reported financial results for the three and twelve months ended December 31, 2010.


Fourth Quarter

In the fourth quarter of 2010, the Company reported net sales of $207.7 million versus $289.0 million in the fourth quarter of 2009. Contributing to the decrease were lower vehicle and spares and sustainment sales, which were partially offset by increased modernization revenues.

Gross margin for the 2010 fourth quarter was 20.7 percent, as compared to 18.1 percent in the fourth quarter of 2009.

The Company reported operating income of $15.9 million in the fourth quarter of 2010 as compared to operating income of $28.1 million in the prior year period. Net income for the fourth quarter of 2010 was $11.2 million, or $0.16 per diluted share, as compared to net income of $18.4 million, or $0.27 per diluted share, for the 2009 fourth quarter.

Michael Moody, Chairman and Chief Executive Officer of Force Protection, Inc., said, “We were pleased to end 2010 with quarterly results that were the strongest of the year. In addition to continued deliveries of our existing vehicle platforms and an increase in spares and sustainment sales from the third quarter of 2010, highlights of the 2010 fourth quarter included modernization revenues of $140.7 million and a gross margin in excess of 20 percent. Of course, the most significant highlight of the quarter was the $280 million contract award we secured for the delivery of 200 vehicles under the United Kingdom Ministry of Defence’s Light Protected Patrol Vehicle, or LPPV, program.”


Full Year

For the twelve months ended December 31, 2010, the Company reported net sales of $656.0 million versus $977.1 million for the twelve months ended December 31, 2009. Contributing to the decrease were lower spares and sustainment and vehicle sales, which were partially offset by increased modernization revenues.

Gross margin for the full year of 2010 was 20.4 percent, as compared to 14.5 percent for the 2009 full year. Impacting the 2009 gross margin was a $19.3 million write-down of the Company’s Cheetah inventory and other associated costs recorded in the third quarter of 2009. Excluding this charge, the 2009 full year non-GAAP adjusted gross margin was 16.5 percent(1). The increase in gross margin for the 2010 full year was attributed to a favorable product mix and enhancements in the Company’s program cost management and control systems. The reconciliations of adjusted gross margin and gross margin are included at the end of this press release.

Operating income was $23.4 million for the twelve months ended December 31, 2010 as compared to $43.3 million in the prior year period. Contributing to the year-over-year decrease in operating income was the 2010 third quarter $8.5 million charge associated with the net impact of the approved settlement of the federal shareholder class action and proposed settlements related to the derivative actions that began in early 2008.

Adjusted operating income(1) for the twelve months ended December 31, 2010 was $31.9 million, which excludes the litigation settlements. For the twelve months ended December 31, 2009, the Company recorded adjusted operating income(1) of $62.6 million, which excludes the aforementioned $19.3 million write-down of the Company’s Cheetah inventory and other associated costs. The reconciliations of adjusted operating income and operating income are included at the end of this press release.

Net income for the full year of 2010 was $15.2 million, or $0.22 per diluted share, as compared to $29.5 million, or $0.43 per diluted share, for the comparable prior year period. The Company recorded adjusted net income(1) of $20.7 million, or $0.30 per diluted share, in the 2010 full year, as compared to adjusted net income(1) of $42.4 million, or $0.61 per diluted share, in 2009. Adjusted net income excludes the litigation settlements and Cheetah expenses in their respective periods. The reconciliations of adjusted net income and adjusted net income per share to net income and net income per share are included at the end of this press release.

Mr. Moody continued, “As we look back at last year, it is clear to me that 2010 marked an important and successful year for Force Protection that puts us on a solid foundation to grow the Company going forward. One key indicator of our success in 2010 was the more than $1 billion in new orders that allowed us to enter 2011 with more than $560 million in funded backlog. Approximately three-quarters of this amount is expected to be recognized in 2011.”


Enhanced Financial Position

During 2010, the Company generated cash from operations of $37.4 million, which contributed to its December 31, 2010 cash balance of $150.0 million. Also at December 31, 2010, accounts receivable was $124.8 million, including $53.8 million of earned but unbilled receivables, inventories were $90.1 million, and accounts payable was $94.6 million.

During the 2010 fourth quarter, the Company definitized a number of contracts that resulted in the net collection of approximately $32 million during the period. The Company is focused on resolving all remaining undefinitized contracts over the coming months, which should further increase its cash position.


Significant Business Development Initiatives

Since late November 2010, after securing the contract award for the LPPV program, the Company has begun to stand up the necessary infrastructure and requirements to perform under the contract. The primary focus over the coming months is associated with performing reliability growth trials and critical design reviews with the United Kingdom’s Ministry of Defence. The Company anticipates that vehicle deliveries will begin in the fall of this year and conclude in the spring of 2012.

The Company is also making important progress with the Ocelot in the Manufactured and Supported in Australia, or MSA, option for the Land 121 Phase 4 program, including the delivery of two prototype variants to the customer in February 2011. The more than $1.3 billion Land 121 program is designed to provide approximately 1,300 vehicles and trailers, as well as related long-term support, for Australia’s core fleet of military assets. In addition to the MSA option, the Australian government has collaborated with the U.S. government on the development of the Joint Light Tactical Vehicle, or JLTV. The evaluation for the MSA option in the Land 121 program is currently scheduled to conclude later in 2011, at which point the Australian government is expected to make a decision on whether to continue with stage two MSA prototyping, JLTV, or a combination of both options.

The Company’s Cougar 4x4 and 6x6 variants were down-selected in 2010 as potential solutions for Canada’s TAPV program, which requires procurement for up to 600 vehicles and related long-term support services. Consistent with the LPPV and the MSA Land 121 requirements, the more than $1 billion TAPV program requires that primary manufacturing and supportability be completed in the host country. The formal Request for Proposal, or RFP, for the program is expected within the next 60 days, followed by a multi-step evaluation process by the customer. A contract award to the final selected bidder is expected as early as the end of 2011.

Complementing its new vehicle program efforts, as part of an experienced team, the Company is pursuing the U.S. Army’s Route Clearance Vehicle MRAP Contractor Logistics Support Service program requirement for the maintenance of its thousands of related vehicles. The Company anticipates the issuance of the formal RFP for the program by this summer, with a selection as to the preferred provider by late 2011.


Outlook

Randy Hutcherson, Chief Operating Officer of Force Protection commented, “We believe that there will be a continued high-level of operational tempo in Afghanistan throughout 2011, which will provide additional vehicle sales as well as continued operational support through modernization, spares and sustainment services. However, we expect that we will be challenged to show a profit through the first six months of the year primarily due to the timing of orders and one-time costs associated with a recent workforce reduction.

“As we look to the remainder of the year, we continue to anticipate the generation of significant cash from operations and growth of our 2011 full year revenue and earnings over 2010 levels. Contributing to this view is current backlog that includes deliveries under the LPPV program beginning in the second half of 2011, as well as future orders from both domestic and international customers.”


Authorization of $20 Million Open Market Share Repurchase Program

Separately, the Company announced today that its board of directors has authorized the Company to repurchase up to $20 million of its common stock. The repurchase program calls for shares to be purchased in the open market or in private transactions. The Company may suspend or discontinue the program at any time.

The Company may repurchase shares from time to time depending upon market conditions, the market price of the Company’s common stock, and management’s assessment of liquidity and cash flow needs. The Company currently expects to finance any repurchases from cash-on-hand.
Mr. Moody concluded, “As we consider the strategic use of our cash, we are employing a balanced strategy that provides the necessary working capital to run the business and flexibility to pursue our critical internal and external growth initiatives. In addition, we continue to evaluate opportunities to broaden the Company through strategic acquisitions and investments.

“Complementing reinvestment in the business, we view share repurchase as an appropriate use of capital. With our strong cash balance at the end of 2010 and expectations for the generation of additional operating cash flow in 2011, we believe it is an appropriate time to repurchase shares. We also believe that the size of the repurchase program provides us with the necessary flexibility to continue to invest in our internal initiatives and external strategies to broaden our business.”


Conference Call Information

The Company will hold a conference call today at 4:30 p.m. Eastern Time to discuss its results. The call will include comments from Michael Moody, Chairman and Chief Executive Officer; Charles Mathis, Chief Financial Officer; and, Randy Hutcherson, Chief Operating Officer. A question and answer session will follow the management commentary portion of the call.

To listen to the call, dial 866.825.3308 (for international, dial 617.213.8062) five to ten minutes prior to the scheduled start time and provide passcode 18151996. A live Webcast will also be available at that time on the Company’s website, www.forceprotection.net, under the “Investor Relations” section. Please visit the website at least 15 minutes prior to the call to register for the webcast and download any necessary software. A replay will be available two hours after the end of the call through midnight Wednesday, March 23, 2011. To access the replay, dial 888.286.8010 (for international, dial 617.801.6888) and enter passcode 30715227, or visit the “Investor Relations” section of the Company’s website.


About Force Protection, Inc.

Force Protection, Inc. is a leading designer, developer and manufacturer of survivability solutions, including blast- and ballistic-protected wheeled vehicles currently deployed by the U.S. military and its allies to support armed forces and security personnel in conflict zones. The Company’s specialty vehicles, including the Buffalo, Cougar, Ocelot and related variants, are designed specifically for reconnaissance and urban operations and to protect their occupants from landmines, hostile fire, and improvised explosive devices (commonly referred to as roadside bombs). Complementing these efforts, the Company is designing, developing and marketing the JAMMA, a new vehicle platform that provides increased modularity, transportability, speed and mobility. The Company also develops, manufactures, tests, delivers and supports products and services aimed at further enhancing the survivability of users against additional threats. In addition, the Company provides long-term life cycle support services of its vehicles that involve development of technical data packages, supply of spares, field and depot maintenance activities, assignment of skilled field service representatives, and advanced driver and maintenance training programs. For more information on Force Protection and its products and services, visit www.forceprotection.net.


Safe Harbor Statement

This press release contains forward looking statements that are not historical facts, including statements about our beliefs and expectations. These statements are based on beliefs and assumptions of Force Protection’s management, and on information currently available to management. These forward looking statements include, among other things: the growth, demand and interest for Force Protection’s services and products, including the Buffalo, Cougar, Ocelot and JAMMA vehicles; current backlog; anticipated awards and expected deliveries of Ocelot vehicles; the effect of the LPPV award for future growth; expectations for future programs, including Land 121, TAPV and GAARV and the timing of proposals and awards; modernization and spares and sustainment contracts and the effect of operations in Afghanistan; the ability to meet current and future requirements; the Company’s execution of its business strategy and strategic transformation, including its development initiatives and opportunities to broaden its platform; the effect of the Company’s undefinitized contracts; the Company’s expected financial and operating results, including its revenues, cash flow and margins, for future periods; and, the Company’s share repurchase program. Forward-looking statements speak only as of the date they are made, and the Company undertakes no obligation to update any of them publicly in light of new information or future events. A number of important factors could cause actual results to differ materially from those contained in any forward-looking statements. Examples of these factors include, but are not limited to, the ability to effectively manage the risks in the Company’s business; the ability to win future awards and finalize contracts; the ability to develop new technologies and products and the acceptance of these technologies and products; and the other risk factors and cautionary statements listed in the Company’s periodic reports filed with the Securities and Exchange Commission, including the risks set forth in the Company’s Annual Report on Form 10-K for the year ended December 31, 2010.


(1) Use of Non-GAAP Financial Measures

Certain disclosures in this press release include “non-GAAP financial measures.” A non-GAAP financial measure is defined as a numerical measure of a company’s financial performance, financial position or cash flows that excludes or includes amounts so as to be different from the most directly comparable measure calculated and presented in accordance with U.S. generally accepted accounting principles (GAAP). The Company defines “adjusted gross margin”, “adjusted operating income,” “adjusted net income” and “adjusted net income per share” as gross margin, operating income, net income and net income per share as reported under GAAP less the impact of the charge for the approved settlement of federal shareholder class action and proposed settlements related to derivative actions in 2010 and the one-time write-down of the Company’s Cheetah inventory and other associated costs in 2009. By excluding these charges, management is able to compare the Company’s ongoing operations to prior periods and to the ongoing operations of other companies in its industry. Management believes that excluding the charges related to the legal settlements and Cheetah expenses is useful to investors because it is more representative of the ongoing business of the Company and reflects the financial indicators used by management to evaluate the Company’s financial results.

These amounts are not measures of financial performance under GAAP. They should be considered supplemental to and not a substitute for financial performance in accordance with GAAP. These non-GAAP measures should not be considered measures of the Company’s liquidity. In addition, these non-GAAP measures are not based on any comprehensive set of accounting rules or principles. The Company’s definition of “adjusted gross margin”, “adjusted operating income,” “adjusted net income” and “adjusted net income per share” may differ from similar measures used by other companies and may differ from period to period. Subject to the review and approval of the Company’s audit committee, management may make other adjustments for expenses and gains that it does not consider reflective of core operating performance in a particular period and may modify “adjusted gross margin”, “adjusted operating income,” “adjusted net income” and “adjusted net income per share” by excluding these expenses and gains. This information should not be construed as an alternative to the reported results, which have been determined in accordance with GAAP. A reconciliation of “adjusted gross margin”, “adjusted operating income”, “adjusted net income” and “adjusted net income per share” with gross margin, operating income, net income and net income per share are included in the accompanying financial data.

Mehr

http://www.forceprotection.net/news/news.html?id=409

[Gexe006]

20 Mil. Aktienrückkaufprogramm

Den Rest muß ich erst noch lesen, bin aber auch darauf gespannt was im CC gesagt wird

[KMST]

Antwort auf Beitrag Nr.: 41.174.341 von Gexe006 am 09.03.11 22:38:22

das ist das erste mal seit jahren das was sinnvolles mit dem hohen cashbestand gemacht wird...sales sollen im laufe des jahres ebenfalls wieder anziehen. dürfte mal ne gute reaktion auf die zahlen geben...und ich hab hier schon einige zahlen mitgemacht die immer mit rot quitiert wurden

[Gexe006]

Antwort auf Beitrag Nr.: 41.174.359 von KMST am 09.03.11 22:45:46

Ich traue dem Braten noch nicht so, mal sehen was morgen mit dem Kurs passiert, nachbörslich hat er ja ein wenig angezogen.


After Hours
Time (ET) After Hours
Price After Hours
Share Volume
16:51 $ 5.05 2,085
16:34 $ 5.20 750
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16:26 $ 5.15 1,900
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16:22 $ 5.10 100
16:22 $ 5.10 300
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16:22 $ 5.10 400
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16:22 $ 5.11 500
16:22 $ 5.16 100
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16:22 $ 5.11 100
16:22 $ 5.11 400
16:22 $ 5.15 100
16:22 $ 5.16 500
16:22 $ 5.16 400
16:20 $ 5.05 100

http://www.nasdaq.com/aspxcontent/ExtendedTradingTrades.aspx…

[Gexe006]

Wenn ich das hier richtig verstehe hat Force 40 Cougars nach Dänemark verkauft.

http://forsvaret.dk/FMT/Nyt%20og%20Presse/Pages/20MRAPk%C3%B…

[Gexe006]

Antwort auf Beitrag Nr.: 41.189.470 von Gexe006 am 12.03.11 06:18:41

und 20 davon wurden schon ausgeliefert.

http://denmark.usembassy.gov/news-events/2011/0307.html

http://forsvaret.dk/FKO/Nyt%20og%20Presse/INT%20OPS/Pages/Ny…

[coolrunning]

5,7 Mio Dollar


http://contracting.tacom.army.mil/confls/awd/W56HZV08C0028P0…

[coolrunning]

[urlhttp://comptroller.defense.gov/defbudget/fy2012/budget_justification/pdfs/15_MRAP/MRAP_FY12_OCO_2.pdf][/url]

[coolrunning]

http://comptroller.defense.gov/defbudget/fy2012/budget_justi…

[Gexe006]

Das ConferenceCall Transcript ist online

http://phx.corporate-ir.net/External.File?item=UGFyZW50SUQ9O…

[coolrunning]

Liest sich gut....

Das zweite Halbjahr wird also deutlich besser, als das erste Halbjahr.

Cheeetah ist auch noch nicht tot.....
shares buyback 20 Mio, solange Kurs unter Normalniveau....


Jetzt müssen Aufträge her, die überraschen können....

Ich halte meine shares weiter, denn ich bin fest überzeugt, das wir zweistellig im Eurobereich werden.

[Gexe006]

Antwort auf Beitrag Nr.: 41.238.054 von coolrunning am 20.03.11 14:29:34

I should also mention that we are putting substantial effort into opportunities for the Ocelot here in the United States.
Wollen wir hoffen das die Anstrengungen den Ocelot in den USA zu verkaufen fruchten
Bin da skeptisch, da ist ja auch in der Vergangenheit so gut wie nix mehr gelaufen, ausser der Buffalo.
International könnten jetzt, ausser Kanada TAPV und Australisches Land 121 Programm, wo man ja auch erst die Ausschreibung gewinnen muß, mal ein paar Käufe für die Fahrzeuge von Force hereinkommen.
we had the JAMMA and the Ocelot at that IDEX show, and there was a substantial amount of interest in both vehicles.schaun mer mal
Von den 40 von Dänemark gekauften Cougar 6x6 ISS ist in dem Transcript nichts zu lesen, hab auch von Force noch keine entsprechende News gelesen

Michael Moody - Force Protection, Inc. - Chairman & CEO
I think we'd indicated during last year that it's important for Force Protection that we build a more diversified business, that we've got a great
foundation with our business here. But we think that there is value and we can utilize our cash and other resources to diversify the Company. We
have put a significant amount of activity into that, and we are approaching that quite cautiously, and we need to be very thoughtful about it. So
we are looking at a medium-sized acquisition, something which might consume $25 million, maybe, up to $100 million of cash. But in that range,
we've looked at some opportunities. We recognize that we need to be thorough and thoughtful about that, and we have a gated process, which
we're working a number of opportunities through, and we'll continue to do that.
One of the important points of the comments I made at the end of the call is that we clearly recognize that there's value in doing everything that
will center around acquisitions, but there is also a lot of traction in our basic business as well. We are interested in looking at acquisitions. We are
interested in looking at ways in which we diversify the Company there, but the successes we're having with the -- particularly the Ocelot and then
the progress we're making in the other competitions is giving us an opportunity to broaden the Company so that we're not just focused on the US
budget and what happens here. We have opportunities to sell vehicles to other countries. We have opportunities to sell a range of vehicles which
are not just our current MRAP vehicles. So I think anything that we do in terms of acquisition will be balanced with the opportunities we have to
invest in our current business, and I think that they are excellent opportunities, as well.

Ich würde zwar auch gerne nen 2stelligen Euro Aktienkurs sehen, dazu brauchen wir aber erstmal Aufträge, Aufträge und Aufträge.
Hope

[coolrunning]

21.03.2011 12:31
Force Protection Announces Additional Members to its Board of Directors

LADSON, S.C., March 21, 2011 /PRNewswire/ -- Force Protection, Inc. today announced the addition of Ms. Lynn Brubaker and Mr. Thomas A. Corcoran to its board of directors, thereby increasing the total size of the board of directors to nine members.

Ms. Brubaker has more than 30 years of experience in the aviation and aerospace industries, and brings extensive knowledge in executive development, portfolio strategy, growth management and international compliance, as well as significant expertise in public company-related matters. Ms. Brubaker currently serves on the board of directors of Hexcel, a $1.2 billion NYSE-listed multi-national company that is a leader in advance materials and technology, and FARO Technologies, a multi-national high technology company that is the world leader in portable computer-aided measurement and imaging innovations. She also serves on the board of directors of The Nordam Group, the largest private aerospace company in high technology manufacturing and repair, and as Chairman of the board of Flight Safety Foundation.


Mr. Corcoran has over 40 years of experience in aerospace-related industries, as well as significant public company board experience, including service as a director of a Fortune 500 company. This includes current service as a director with three U.S. publicly listed companies: L-3 Communications Holdings, Inc., GenCorp, Inc. and LaBarge, Inc. Mr. Corcoran is also a director with Aer Lingus, Ltd., which is based in Dublin, Ireland. He was a director of Serco, Ltd., based in Surry, United Kingdom, from 2007 to 2010 and REMEC, Inc. from 1997 to 2010. Since 2001, Mr. Corcoran has been a Senior Advisor of The Carlyle Group, a private equity investment firm, and the President of Corcoran Enterprises, LLC, a management consulting company.


Michael Moody, Chairman and Chief Executive Officer of Force Protection, Inc., said, "We are pleased to add two new members of such significant stature to our Board. Both Lynn and Tom bring a wealth of international and public-company management and board experience, and we look forward to their significant contributions as the Company executes its critical internal and external growth initiatives, including the evaluation of opportunities to broaden the business through international expansion, strategic acquisitions and other investments."


From 1997 until 2005, Ms. Brubaker was employed at Honeywell International, including most recently serving as Vice President/General Manager - Commercial Aerospace, with a primary focus on global business strategies and customer operations. From 1995 to 1997, prior to its merger with Honeywell, she was Vice President - Marketing, Sales and Support Operations for AlliedSignal. Prior to joining AlliedSignal, Ms. Brubaker held a variety of management positions with McDonnell Douglas, Republic (predecessor to Northwest Airlines) and Comair. Ms. Brubaker holds a Master of Business Administration from UCLA.


From 2001 to 2004, Mr. Corcoran was the President and Chief Executive Officer of Gemini Air Cargo, Inc., a cargo airline owned by The Carlyle Group. From 1999 to 2000, Mr. Corcoran was President and Chief Executive Officer of Allegheny Teledyne Incorporated. From 1983 to 1999, Mr. Corcoran was President and Chief Operating Officer of Lockheed Martin's Electronics and Space Sectors. Mr. Corcoran began his career in 1967 at General Electric Company, and rose to the position of Vice President and General Manager of G.E. Aerospace Operations. Mr. Corcoran serves as a director of American Ireland Fund, is on the board of trustees of Stevens Institute of Technology, and is a trustee emeritus at Worchester Polytechnic Institute. Mr. Corcoran holds a Bachelor of Science in Chemical and Mechanical Engineering, as well as a Ph.D. (honorary) from Stevens Institute of Technology.


Das heißt auch mehr Kosten.... aber mal sehen, ob sie sich bezahlt machen...

[kyron7htx]

Der Markt steigt, FRPT wird gedrückt. Mir nicht begreiflich, warum?

[Gexe006]

Force Protection Industries, Inc., Ladson, S.C., is being awarded an $11,377,666 firm-fixed-price modification under previously awarded contract (M67854-07-D-5031) for a 10-month renewal of 46 field service representatives to install liner blanket kits, install modernization safety kits, and conduct general maintenance work on the Cougar Mine Resistant Ambush Protected (MRAP) vehicle fleet supporting Operation Enduring Freedom and Operation New Dawn. All work will be performed in Afghanistan and Iraq, and will be completed by Dec. 31, 2011. Contract funds in the amount of $11,377,666 will expire at the end of the current fiscal year. Marine Corps Systems Command, Quantico, Va., is the contracting activity.


http://www.defense.gov/contracts/contract.aspx?contractid=45…

[kyron7htx]

Antwort auf Beitrag Nr.: 41.293.392 von Gexe006 am 31.03.11 01:05:38

Leider wieder nur Peanuts. Wo bleiben die großen Aufträge. Wir bewegen uns nicht v. Fleck.

[Hufeland]

Force Protection Receives $46.6 Million Award for Delivery of 40 Buffalo Vehicles
~Follows $11.4 Million Award for Cougar Vehicle Field Support~
Apr 6, 2011 7:00:00 AM

LADSON, S.C., April 6, 2011 /PRNewswire/ -- Force Protection Industries, Inc., a Force Protection Inc. (NASDAQ: FRPT), group company, today announced that it has received contract M67854-11-C-5063 from the United States Marine Corps Systems Command with an approximate value of $46.6 million. The award is a Foreign Military Sale (FMS) for 40 Program of Record (POR) Buffalo Mine Protected Clearance Vehicles (MPCV). All work under this contract will be performed in Ladson, SC and is expected to be completed by September 30, 2011.

(Logo: http://photos.prnewswire.com/prnh/20110321/CL67729LOGO )

Randy Hutcherson, Chief Operating Officer for Force Protection Industries, Inc., said, "The demand for Buffalo continues to be solid due to its effectiveness as the premier route clearance vehicle available today. Buffalos have saved untold numbers of lives over the last several years in combat operations in Iraq and Afghanistan. We are extremely proud to provide these vehicles to conduct the critical work of clearing the way for coalition troops in harm's way."

Separately, Force Protection Industries, Inc. was awarded on March 30, 2011 a firm fixed price modification to existing contract M67854-07-D-5031 for approximately $11.4 million for a 10-month renewal of 46 field service representatives to install liner blanket kits, modernization safety kits, and conduct general maintenance work on the Cougar Mine Resistant Ambush Protected (MRAP) vehicle fleet supporting Operation Enduring Freedom and Operation New Dawn. All work will be performed in Afghanistan and Iraq, and will be completed by Dec. 31, 2011.

[coolrunning]

Super !

Das Beste daran:
The award is a Foreign Military Sale (FMS) for 40 Program of Record (POR) Buffalo Mine Protected Clearance Vehicles (MPCV)

Der Auftrag läuft also über POR und ist nicht als normale Bestellung anzusehen, sondern wird fester Bestandteil


aus dem letzten 10k:
The Buffalo A2 variant has been designated as a Program of Record for the U.S.
Army and is currently undergoing a series of milestone reviews under the direction of the Product Manager – Assured Mobility Systems at the U.S. TACOM,
previously known as the "Tank-automotive and Armaments Command." Recent enhancements to the Buffalo that have become part of its Program of Record
configuration include upgraded transmission, integrated air digger design, enlarged roof hatches, neutral-tow settings, two automated fire extinguishing
systems, improved heating and cooling system, and upgraded shocks


Der Auftrag dürfte also nicht unter defense link contract aufgezeigt werden....


Mal sehen, ob mehr davon kommt und wo die Fahrzeuge hingehen.
Auf jeden Fall gibt es wieder mehr Service und Reparatur.

[kyron7htx]

64 Mill. $ Aufträge in den letzten 20 Tagen und wieder unter 5,00 $ ??????????!!!!!!!!!!!!!

[kyron7htx]

Companies Continue To Chase Contract For New Military Truck



By Bob Tita, Of DOW JONES NEWSWIRES

Companies vying to provide a replacement for the U.S. military's Humvee utility truck are digging in for the next phase of the competition, undeterred by anticipated cuts in defense spending that threaten to undermine the truck program.

Two finalists are expected to be selected early next year for a four-year engineering and manufacturing development phase of the Joint Light Tactical Vehicle, or JLTV, program. The winner of this phase could receive a production contract for more than 60,000 vehicles worth $30 billion.The U.S. Defense Department has indicated the selection won't be limited to the three teams of companies chosen in 2008 for the technology development portion of the program, giving companies bounced out of the competition three years ago an opportunity to get back into the program.

"This program is probably going to be the biggest acquisition of wheeled vehicles" by the military, said Kevin Thomas, director of defense programs for truck maker Navistar International Corp.'s (NAV). "It's going to be a very robust competition and I anticipate there will be good number of companies."

Specialty truck builder Oshkosh Corp. (OSK), which scored two big contracts for military trucks in recent years, is determined to take advantage of its second chance at JLTV. Oshkosh and its partner Northrop Grumman failed to make the cut for the technology development phase of the program.

"It's effectively a whole new competition now," Oshkosh Chief Executive Charles Szews said.

Oshkosh hopes to leverage its successful development of an all-terrain patrol truck for U.S. forces in Afghanistan into a improved entry for the JLTV competition. The Wisconsin company has built 8,100 of the all-terrain trucks since 2009. Szews' optimism is further bolstered by what he considers as disappointing results from the three teams awarded $20 million each provide JLTV prototypes under the technology phase of the program

"None of them met the weight requirement. None of them met the mobility requirement and the pricing they offered exceeded the [government's] budget," Szews said.

Analysts expect military truck builder Force Protection Inc. (FRPT) to consider another run at JLTV as well, after being excluded from the early phase of program. The South Carolina company has already supplied the Army and Marine Corps with large armored trucks. In late 2010, the U.K.'s armed forces ordered 200 of the Force Protection's Ocelots, a light armored patrol truck that could be adapted for JLTV. Force Protection did not respond to repeated calls for comments.The teams that already have provided trucks for testing are Navistar and a York, Penn.-based affiliate of U.K. defense contractor BAE Systems PLC (BA.LN, BAESY); AM General, the builder of the Humvee; General Dynamics (GD) Land Systems; and Lockheed Martin (LMT) and BAE Systems' Armor Holdings unit in Texas.

Thomas said teams that have supplied JLTV prototypes have an edge over companies such as Oshkosh because the military's requirements for next phase of the program will be based in part on performance tests and technology gleaned from the prototypes.

"We've gotten a lot smarter than we were when we delivered the vehicles," Thomas said. "For the past two years we've been having face-to-face meetings with the government."

The military's interest in a new all-purpose truck grew out of the Humvee's shortcomings under combat conditions in Iraq and Afghanistan. The lack of armor on the vehicles made them highly susceptible to insurgents' roadside bombs. When armor plating was added, the Humvee became too heavy for its engine.

Engineers for alternative vehicles have struggled to hold down costs and maintain the Humvee's agility while providing maximum protection against bomb or rocket attacks.

The Marine Corps has already complained that the prototype trucks are too heavy for its rapid-deployment missions, according to defense analysts. Moreover, analysts believe the cost of the prototypes is above the $350,000 per vehicle base price set by government. That figure could grow to $500,000 per vehicle when communications gear and other equipment are added. The Army is particularly sensitive to the trucks' cost because the service also is pursuing funding to replace its Bradley armored troop carrier. The cost of the so-called ground combat vehicle is pegged at $10 million a vehicle.

"You have to ask yourself whether the money is going to be a available for such a pricey vehicle," said Loren Thompson, a defense analyst for the Lexington Institute, public policy consulting firm in Virginia. "Something is going to go away. The ground combat vehicle and the JLTV are in jeopardy because of defense budget austerity."

After nearly a decade of elevated spending for the wars in Iraq and Afghanistan the federal government is expected to scale back defense appropriations in the coming years to counter bulging budget deficits. President Obama has proposed saving $400 billion from defense programs by 2023.

Thompson predicted a plan to significantly modify some 40,000 existing Humvees will gain momentum as the military looks for lower-cost options for replacing the Humvee, which has been in service since the early 1980s. Navistar's Thomas said he's confident that JLTV won't be abandoned.

"This program has continued to move forward and that's indicative of the need for this type of vehicles," he said. "The program is staying alive for that reason."

-By Bob Tita, Dow Jones Newswires; 312-750-4129; [e-mail]


(END) Dow Jones Newswires
04-14-111414ET
Copyright (c) 2011 Dow Jones & Company, Inc.

[kyron7htx]

If You Must Speculate, Consider Force Protection Inc. 2 comments | by: Gregory M. Lemelson April 17, 2011 | about: FRPT

Investment and speculation are two very distinct activities. Speculators believe they can see into the future, and more particularly, believe they have some sense of future security prices. Investors accept that they do not have any special foresight, and instead focus on an entirely different set of criteria.

It is best not to speculate, since the foundation upon which speculative decisions are likely to be based are invariably little more than "best guesses". If the urge to speculate cannot be resisted, consider giving 95% of your funds to a value-oriented investment manager who is well vetted and who you trust. Keep the other 5% and go to Vegas (at least you'll have fond memories to make up for the loses).

Alternatively you could buy Force Protections stock - it's not quite investment quality, but it is very nearly. A reasonable downside assesment might be about 10%, but the real value of the company is probably 45% greater than the share price today. We'll explain more below.

Why we categorize Force Protection as "speculative"
The issue is relatively young and small.
Has high customer concentration (although this is gradually changing with international initiatives).
Has narrow product offerings (you can count their sku's on one hand).
Future earnings power does not hinge on consistent, growing demand, but rather a few large contracts which they may or may not win - making the future earnings picture very hard to discern - and speculative.
Operates in an industry where aspects of the product are undisclosed.
Means by which contracts are awarded not easily understood.
Defense spending in under pressure as part of budget cuts.
Sales have been declining as troops are drawn down in Iraq and talk of draw-down in Afghanistan continues (very different circumstances than say five years ago).
The company does not pay a dividend.
Yet, as speculations go, Force Protection is about as safe as they get.

Some positive qualitative factors
Extremely well capitalized and trading below equity.
Stabilized operating margins over both TTM and the last five years (although earnings are low).
New CEO seems to be stable personality type driven to win new contracts while maintaining emphasis on sound financial management.
Despite reversal in operational tempo in Iraq, company has not yet lost money, revealing that a majority of the company's existing fleet (a major source of recurring revenue) is located elsewhere.
Improving gross margins.
Won an important new contract in 2010 that is likely a stepping stone to other larger contracts (discussed further below)
Responded quickly to reduce SG&A in U.S. while opening indigenous offices in markets with new contract potential, including Canada and Australia.
Resolved pending litigation at relatively minor cost.
Board approved $20 mln. share buyback (also discussed further below).
Officers are exercising options but not reselling shares.
A look at future contracts
Winning the UK MoD contract for the new light protected vehicle couldn't have been easy. The UK military is well respected and apparently some thirty manufacturers competed for this contract. The initial contract was valued at 280 mln. (or just slightly less than FRPT's entire market cap at 66 mln. shares). This is an urgent operational requirement for the UK MoD, with vehicle deliveries beginning this fall. Once the production line is up and running, we believe the UK MoD will act on the suggestion that they will procure an additional 200 units, that is another 280 mln. in revenue.

FRPT is also bidding on two other large and important contracts. The first is Canada's TAPV program valued at more than one billion dollars, for which force protection has already been down selected.

The second is Australia's Land 121 Phase 4 program for 1300 vehicles and valued at more than 1.3 billion. Force Protections Ocelot has been down selected for this program as well, and now competes against only two other vehicles for this contract. One of the competitors is a legacy model developed over ten years ago (which is ancient in the MRAP business), the other has only made an appearance as a digital rendering - not a good sign. The Ocelot on the other hand, represents the latest in innovation (the modular design coupled with a "pod" made from compsite materials is fascinating) and has an assembly line which is already hot.

The total value of these three contracts is roughly 2.6 bln. We believe that FRPT's chances of winning are better than 50% in both Canada and Australia, and much higher for a second UK MoD award.

U.S. contracts for spares, sustainment and upgrades for the existing fleet of vehicles already in service make it likely that FRPT will grow its revenue over 2010, even without winning these new contracts. With improved gross margins, and no lawsuits to settle, it seems reasonable that earnings will be higher for 2011 (albeit recognized in the back half of the year).

Analysis of the product - a sound approach
In the absence of detailed proprietary information on the design and build of FRPT's products, we are forced to resort to the next best method; the time honored "twelve year old" approach. Although highly analytical, and requiring a professional pedigree, we think the more common, but less developed of the species, the "male investor" will understand it; "if it looks really cool, and like it could blow things up - it must be good". We were able to confirm the first criteria, but are still checking on the whole "blow things up" part…

If this approach is found to be defective in anyway, the investor could always rely on the first rate endorsement by the United Kingdom Ministry of Defense, which may have applied an even more sophisticated approach.

A look at the numbers
Financial Condition - A
Current Assets $ 418,762,000.00
Current Liabilities $ 152,742,000.00
Current Ratio 2.74


Financial Condition - B .
Total Assets $ 482,704,000.00
Total Liab. $ 154,277,000.00
Net Current Assets (C. Assets - Total Liab.) $ 264,485,000.00


The company is cheap by any measure. But it gets even cheaper when the above mentioned share repurchase is taken into account. 20 million in share repurchases may not see like a lot, but when the small size of the company is taken into consideration, the impact is significant.

If we assume the company is purchasing its own shares in the open market somewhere between $4.50 and 5.00 per share (let's call it $4.75 per share), we can estimate that the company will be taking back some 4.2 million shares more or less. This number amounts to about 6% of the shares outstanding, and has a related effect on inter-quarter calculations of EPS and Market Cap.

While this is still just an assumption, we think it is a fair assumption regarding when the company may be buying their own shares, and how much their paying. Given that the company consistently has higher earnings in the back half of the year, one would expect share prices to also be higher during that time - a point surely not lost on the management of the company.

For the sake of analysis and since the share repurchases are inevitable, we have based the following earnings, price and equity exhibits not on the 70.5 mln. shares outstanding at FYE 2010, but rather on a revised estimate of 66 mln.

The numbers (revised share calculus)
Earnings
EPS (ttm) 0.22
EPS as % of current share price 4.8%
P/E 20.6
MRQ $ 11,200,000.00
MRQ annualized (available to common) $ 44,800,000.00
% of current market cap. 15.0%
operating income/equity 13.6%
MRQ EPS $ 0.16
MRQ EPS (annualized) $ 0.64
MRQ EPS (annualized) / current share price 14.1%


EPS over the last twelve months is nothing to write home about. however, if the investor believes that this company has turned a corner, and the best days lie ahead, as seems to be indicated both by the settlement of the lawsuit and the success of the new Ocelot program (not to mention the extremely good prospects for both the Canadian and Australian programs), than the low EPS figure and its related high P/E ratio is acceptable.

After all, if stocks are to be purchased on a discount basis, and the market has a general preoccupation with the earnings coefficient (even though it is the most elastic), than buying at a discount will usually mean, a period of temporarily low earnings, and paradoxically, a high P/E ratio. But is the EPS really low and it's derivative high? We'll discuss further below.

Price and value considerations
Price
Current Price $ 4.54
Net Working Capital per Share $ 4.01
NWC as % of Share Price 88.3%
Approx. shares Outstanding (post repurchase) 66,000,000
Market Cap. $299,640,000.00
Shareholder Equity $328,427,000.00
Net Tangible Assets $313,205,000.00
Book Value Per Share $ 4.98
Current Price to Book 0.91


At a share price of $4.54 per share, a full 88.3% (or $4.01 per share) of the price is made up just of Net Working Capital, (current assets minus total liabilities). We have estimated the downside risk based on this information. That is to say, if the price fell an additional 11%, the stock would be selling not just below equity (95% of which is tangible), but would indeed be selling below net working capital - we think people would notice.

Growth in owners' equity over the last five years
Net Assets Securing the Issue (Owners Equity) FYE YoY increase
2006 $ 217,854,000.00
2007 $ 231,629,000.00 6%
2008 $278,327,000.00 20%
2009 $ 311,091,000.00 12%
2010 $ 328,427,000.00 6%
12 month forecast $ 364,412,862.03
Avg. increase: 11%
Forecast book value per share (1 yr.) $ 5.52
1 yr. price at today's discount to book $ 5.04
1 yr. intrinsic value est. $ 8.28


Owners equity has grown at a consistent 11% per annum over the last 5 years. If FYE 2010 figures are multiplied by this factor, we can safely project a book value of $5.52 per share within one year. The high level of real asset backing combined with the investors' natural aversion to short-term capital gains tax, makes (in our mind at least) today's price as good as one year from now- and paramount to a book value of .82.

So you're filthy rich and prefer to buy whole companies: The "icing on the cake" effect
When considering an investment in common stocks, sometimes it helps to consider the prospects of the company as if acquiring the entire business, rather than a fraction of it. Considerations from this perspective help eliminate distorted feelings, and return the perspective to one of an enterprising business owner.

At 66 million. shares, Force Protection is selling at about 30% of the 2010 order book (1 billion) and a mere 53% of their 2011 funded backlog (560 million). If the most recent quarterly earnings (Q4 2010), are annualized, than divided by the (revised) market cap., the coefficient is .15. In other words, a buyer of the entire business would recover his investment through net earnings in 6.67 years.

Even if Force Portection fails to win the Canadian and Australian contracts, it seem evident the company can secure at least 1 billion in annual sales from existing customers. The present liquidation pricing puts zero value on the company as a going concern, it's intellectual property, inevitable future sustainment business, or good will amongst it's growing customer base - a buyer today would get all of those things for free.

Now for the Icing on the cake - a buyer of the entire business today would be set back 299 mln. for tangible assets of 313 mln. - a 14 mln. discount for assets worth at least one hundred cents on the dollar (or trading .95 cents for dollar bills in return). But as Billy Mays would say: "but wait there's more..."
Of the 299 mln. you would be spending, almost exactly 50% would be for cash and short term inventory. Since FRPT's customers are governments (primarily the U.S. government), and always pay - let's just call it all cash (check the "allowance for doubtful accounts" entry).

Since half of the 299 mln. price tag is a paper trade, the real price for acquiring the company with it's very good future prospects is just 150 mln. Below are the numbers presented in light of this consideration:

Effective Earnings (less cash in acquisition)
EPS (ttm) $ 0.23
EPS as % of current share price 9.7%
P/E 10.3
MRQ $ 11,200,000.00
MRQ annualized (available to common) $ 44,800,000.00
% of current market cap 29.9%
operating income/equity 13.6%
MRQ EPS $ 0.16
MRQ EPS (annualized) $ 0.64
MRQ EPS (annualized) / current share price 28%


The TTM EPS value as a percentage of current share price, is now something to write home about - and the investor need not care as much if the company has "turned a corner" just yet. With an acceptable EPS/share price figure and low P/E ratio, the speculative features of the issue are minimized.

Revised price and value considerations
Effective Purchase Price (less cash)
Effective Purchase Price Apr-14-2011 $ 2.27
Net Working Capital per Share $ 4.01
NWC as % of Share Price 176.5%
Shares Outstanding 66,000,000
Market Cap (less cash) $ 149,820,000.00
Shareholder Equity $ 328,427,000.00
Net Tangible Assets $ 313,205,000.00
Book Value Per Share $ 4.98
Current Price to Book 0.46


If the non-cash part of the share price is $2.27, the “shareholder” would receive 176.5% of this "net-net" asset value post acquisition.

We have roughly estimated the intrinsic value of this company based on this information - it is not a science, but we think a value of some 45% above the current market cap is conservative given FRPT's sound financial management and future promise.

Now for some serious speculation: If the effective purchase price of the company at todays market cap. (with the UK MoD's huge endorsement) is only $150 mln. net dollars, then couldn't one of FRPT's competitors simply purchase them, even at say a 50% premium to market cap. (effectively 300 mln. net dollars) in order to increase their odds of winning these other billion dollar contracts? In this context, a 150 mln. premium over tangible assets, seems like a pittance, even if the contracts are never won.

What if there were a contract so large, that highly specialized and successful MRAP builders like Force Protection, who already have next generation products in production, became the acquisition target du jour? A 150 mln. acquisition premium, might well seem like a $150.00 premium.

Or perhaps one might speculate that a large private equity firm with an expertise in aerospace & defense might see both value and huge upside potential and would purchase the company. But we suppose if that were to happen, the private equity firm would probably first put one of their own on the board… Oh, well scratch that idea…

Either way, if you must speculate, you might want to consider Force Protection.

Disclosure: We purchased shares of FRPT for others' account, including friends and family.

[kyron7htx]

Force Protection Receives $27.4 Million Contract for Delivery of 47 Mastiffs to the U.K.
~Provides Increased Visibility to 2011 Full Year Vehicle Revenue Outlook~

Press Release Source: Force Protection Industries, Inc. On Thursday April 21, 2011, 9:00 am
LADSON, S.C., April 21, 2011 /PRNewswire/ -- Force Protection Industries, Inc., a FORCE PROTECTION INC. (NASDAQ:FRPT - News) group company, today announced it has received a $27.4 million sub-contract from Integrated Survivability Technologies Limited ("IST") for the delivery of 47 Cougar Mastiff vehicles to the United Kingdom Ministry of Defence ("U.K. MoD"). IST is a joint venture between Force Protection Europe Limited, a subsidiary of Force Protection Industries, Inc., and NP Aerospace Limited, a subsidiary of The Morgan Crucible Company plc. Work under this sub-contract will be performed in Ladson, South Carolina, and is scheduled to be completed by December 31, 2011.

(Logo: http://photos.prnewswire.com/prnh/20110321/CL67729LOGO )

Randy Hutcherson, Chief Operating Officer for Force Protection, commented, "The performance of the Cougar Mastiff continues to be outstanding. This additional order demonstrates that the Mastiff remains a proven life saver for British troops. The installed fleet of Cougar vehicle variants in the United Kingdom is growing and we remain pleased that the U.K. MoD continues to view Force Protection as an important partner in sustaining its military needs."

[Gexe006]

Force Protection Industries, Inc., Ladson, S.C., is being awarded an $18,835,484 firm-fixed-price modification under contract (M67854-07-D-5031) for procurement of 1,103 fuel tank protection modernization kits for the Cougar Mine Resistant Ambush Protected vehicle fleet supporting Operation Enduring Freedom. Work will be performed in Ladson, S.C., and is expected to be completed no later than Dec. 31, 2011. Contract funds will expire at the end of the current fiscal year. Marine Corps Systems Command, Quantico, Va., is the contracting activity

http://www.defense.gov/contracts/contract.aspx?contractid=45…

[kyron7htx]

Antwort auf Beitrag Nr.: 41.432.784 von Gexe006 am 29.04.11 23:18:37

Bringt doch nichts diese kleinen Aufträge. Kackt weiter ab. Jeden Tag ein bißchen. Wenn Zahlen schlecht unter 3;00$. Wo bleiben die großen Aufträge?!

[coolrunning]

Bleibt entspannt !

Das wird noch, glaubt mir.... ich bin mir so sicher, wie bei M.U.T. - dort werden wir am Ende des Jahres 9 - 10 Euro haben, was dann 300 % für mich sind


Force Protection to Announce First Quarter 2011 Results
SUMMERVILLE, S.C., April 29, 2011 /PRNewswire/ -- Force Protection, Inc. (NASDAQ: FRPT) today announced that it will release financial results for its first quarter ended March 31, 2011 on Monday, May 9, 2011 after the market close.
A conference call to discuss those results will be held at 4:30 p.m. Eastern Time that same day and will include comments from Michael Moody, Chairman and Chief Executive Officer; Charles Mathis, Chief Financial Officer; and, Randy Hutcherson, Chief Operating Officer. Â A question and answer session will follow the management commentary portion of the call.

To listen to the call, dial 800.510.9661 (for international, dial 617.614.3452) five to ten minutes prior to the scheduled start time and provide passcode 46586946. Â A live Webcast will also be available at that time on the Company''s website, www.forceprotection.net, under the "Investor Relations" section. Â Please visit the website at least 15 minutes prior to the call to register for the webcast and download any necessary software. Â A replay will be available two hours after the end of the call through midnight Monday, May 23, 2011. Â To access the replay, dial 888.286.8010 (for international, dial 617.801.6888) and enter passcode 71486097, or visit the "Investor Relations" section of the Company''s website.


Ich finde, das sind auch keine kleinen Aufträge, denn die Summe bringt Kontinuität und Investoren werden vielleicht zurückkommen. Kavanaugh & Co haben viel Vertrauen verspielt durch Ihre Machenschaften.
Warten wir mal die Zahlen ab.

Grüße
running

[Gexe006]

so langsam kommt was zusammen

Force Protection Industries, Inc., Ladson, S.C., is being awarded a $106,921,400 firm-fixed-price modification under previously awarded contract (M67854-07-D-5031) for procurement of 650 Category I Vehicle Independent Suspension System (ISS) kits and 350 Category II Vehicle ISS kits, for the Cougar Mine Resistant Ambush Protected (MRAP) vehicle fleet supporting Operation Enduring Freedom. Work will be performed in Oshkosh, Wis. (95 percent), and Ladson, SC. (5 percent), and is expected to be completed no later than Dec. 31, 2011. Fiscal 2009 Other Procurement Air Force funds in the amount of $1,407,765 will expire at the end of the current fiscal year. These funds will expire at the end of the current fiscal year. Marine Corps Systems Command, Quantico, Va., is the contracting activity.
http://www.defense.gov/contracts/contract.aspx?contractid=45…

[kyron7htx]

Antwort auf Beitrag Nr.: 41.442.044 von Gexe006 am 03.05.11 06:02:46

Force Protection Industries, Inc., Ladson, S.C., is being awarded a $106,921,400 firm-fixed-price modification under previously awarded contract (M67854-07-D-5031) for procurement of 650 Category I Vehicle Independent Suspension System (ISS) kits and 350 Category II Vehicle ISS kits, for the Cougar Mine Resistant Ambush Protected (MRAP) vehicle fleet supporting Operation Enduring Freedom.


??????????????????????????????????????????????????????????????????????????????????
Work will be performed in Oshkosh, Wis. (95 percent), and Ladson, SC. (5 percent),
??????????????????????????????????????????????????????????????????????????????????


and is expected to be completed no later than Dec. 31, 2011. Fiscal 2009 Other Procurement Air Force funds in the amount of $1,407,765 will expire at the end of the current fiscal year. These funds will expire at the end of the current fiscal year. Marine Corps Systems Command, Quantico, Va., is the contracting activity.
http://www.defense.gov/contracts/contract.aspx?contractid=45

[coolrunning]

http://seekingalpha.com/article/268164-force-protection-movi…

Fachlich gut geschrieben.

[Gexe006]

Force Protection and CAE Partner to Offer Solution for Canada’s Wheeled Combat Vehicle Requirement
Author: Force Protection, Inc.
Publisher: Force Protection, Inc.
Date: 05/09/2011

LADSON, S.C. USA and MONTREAL, Canada – May 9, 2011 – Force Protection Industries, Inc., a FORCE PROTECTION, INC. (NASDAQ:FRPT) group company, and CAE (TSX: CAE, NYSE: CAE) today announced the companies have entered into a teaming agreement to compete for the Canadian Forces Tactical Armoured Patrol Vehicle (TAPV) project.

Force Protection Industries, Inc. previously announced that it has been selected by the Canadian Government as one of the competitor companies qualified to provide up to 600 wheeled combat vehicles and related long term support services. The Canadian Department of National Defence (DND) expects to award a contract to the final selected bidder by early 2012.

Randy Hutcherson, Chief Operating Officer of Force Protection, said, “We are pleased to partner with CAE, a global leader and one of Canada’s most respected companies, to provide what we believe is the optimal solution for the TAPV project. Force Protection and CAE are committed to offering the Canadian Forces the safest and most reliable vehicle and to provide Industrial and Regional Benefits (IRB) that will contribute to the continuing viability of Canadian companies’ capability and improve their competitiveness in both the domestic and international markets while continuing to strongly invest in the Canadian industry. We are looking forward to working with CAE as they have a wide range of capabilities and in-service support experience that will help us shape a winning technical, support, and industrial and regional benefit solution for the Canadian government.”

Force Protection is offering the Canadian Forces variants of the Cougar wheeled combat vehicles to meet TAPV requirements. As the main Canadian partner, CAE would have overall responsibility for the comprehensive in-service support (ISS) solution, including: vehicle operator and mission training systems; engineering information environment; fleet management services; systems engineering support; and, lifecycle and integrated logistics support services. CAE would also be responsible for assembling a pan-Canadian team of companies to develop and support any country-specific requirements for Canada’s replacement fleet of tactical armoured patrol vehicles.

“We look forward to partnering with Force Protection to develop a comprehensive in-service support solution for Canada’s TAPV program,” said Martin Gagne, CAE’s Group President, Military Products, Training and Services. “We have a wealth of experience in comprehensive in-service support solutions, as we have demonstrated over many years for Canadian Forces air, land, and sea platforms. This partnership with Force Protection will produce a turnkey solution that is flexible, high-performing, cost-effective, and most importantly, supports our Canadian Forces in performing their missions safely.”

About Force Protection, Inc.

Force Protection, Inc. is a leading designer, developer and manufacturer of survivability solutions, including blast- and ballistic-protected wheeled vehicles currently deployed by the U.S. military and its allies to support armed forces and security personnel in conflict zones. The Company’s specialty vehicles, including the Buffalo, Cougar, Ocelot and related variants, are designed specifically for reconnaissance and urban operations and to protect their occupants from landmines, hostile fire, and improvised explosive devices (commonly referred to as roadside bombs). Complementing these efforts, the Company is designing, developing and marketing the JAMMA, a new vehicle platform that provides increased modularity, transportability, speed and mobility. The Company also develops, manufactures, tests, delivers and supports products and services aimed at further enhancing the survivability of users against additional threats. In addition, the Company provides long-term life cycle support services of its vehicles that involve development of technical data packages, supply of spares, field and depot maintenance activities, assignment of skilled field service representatives, and advanced driver and maintenance training programs. For more information on Force Protection and its products and services, visit www.forceprotection.net.

About CAE

CAE is a world leader in providing simulation and modelling technologies for the civil aviation industry and defence forces around the globe. With annual revenues exceeding C$1.5 billion, CAE employs more than 7,500 people at more than 100 sites and training locations in more than 20 countries. We have the largest installed base of civil and military full-flight simulators and training devices. Through our global network of 32 civil aviation, military and helicopter training centres, we train more than 80,000 crewmembers yearly. We offer comprehensive in-service support solutions to the air, land and sea domains, modelling and simulation software to various market segments and, through CAE’s professional services division, we assist clients in applying simulation to analysis, training and operations. www.cae.com

Force Protection Contacts:

Tommy Pruitt, Senior Director, Communications, [phone], [e-mail]

Investor relations: Wes Harris, Director, Investor Relations, [phone], [e-mail]

CAE Contacts:

Nathalie Bourque, Vice President, Public Affairs and Global Communications, [phone], [e-mail]

Trade media: Chris Stellwag, Director, Marketing Communications – Military, [phone], [e-mail]

Investor relations: Andrew Arnovitz, Vice President, Investor Relations and Strategy, [phone], [e-mail]


http://www.forceprotection.net/news/news.html?id=421

[Gexe006]

Force Protection Announces Financial Results for 2011 First Quarter
Publisher: Force Protection, Inc.
Date: 05/09/2011

FORCE PROTECTION, INC. (NASDAQ:FRPT) today reported financial results for the three months ended March 31, 2011, including increased revenues as compared to the first quarter of 2010. In addition, as a result of its funded backlog at March 31, 2011, and the significant contract awards it has secured in the 2011 second quarter, the Company announced solid visibility on its expectation of revenue and earnings growth for the 2011 full year. Finally, the Company continues to make important progress on its business development initiatives and has added additional resources designed to promote its long-term success.

Financial Results

In the first quarter of 2011, the Company reported net sales of $141.4 million versus $134.8 million in the first quarter of 2010. Contributing to the increase were higher vehicle and modernization sales, which were partially offset by lower spares and sustainment revenues.

Gross margin for the 2011 first quarter was 18.1 percent, as compared to 18.8 percent in the first quarter of 2010. Contributing to the decrease was $9.5 million of revenue in the current year related to a claim settlement and a development contract, with both having minimal associated gross profit. Also contributing to the decrease was $1.3 million related to a workforce reduction during 2011. The combination of these two factors negatively impacted the gross margin for the 2011 first quarter by approximately 200 basis points.

The Company reported operating income of $150,000 in the first quarter of 2011 as compared to operating income of $1.8 million in the prior year period. Contributing to the decrease was $2.3 million in workforce reduction and severance related costs in 2011, which includes the aforementioned $1.3 million impact to cost of sales. Net loss for the first quarter of 2011 was $49,000, or breakeven results per share, as compared to net income of $1.1 million, or $0.02 per diluted share, for the 2010 first quarter.

On March 9, 2011, the Company announced that its board of directors had authorized the Company to repurchase up to $20 million of its common stock in the open market or in private transactions. During the first quarter, the Company repurchased 228,125 shares of its common stock in the open market at a cost of $1.1 million.

Michael Moody, Chairman and Chief Executive Officer of Force Protection, Inc., said, “While our 2011 first quarter results were impacted by the timing of contract awards, we were pleased to end the quarter with more than $500 million in funded backlog. Combined with the significant contract awards we have received to date during the second quarter of 2011, we are in a strong position to grow both revenue and earnings for the full year. In addition, given our expectation for additional awards related to our currently fielded vehicle fleet and the progress we are making on our significant business development initiatives, we expect continued growth beyond 2011 levels.”

Financial Position, Backlog and Recent Significant Contract Awards

Net cash used in operating activities during the 2011 first quarter was $5.6 million, as compared to $10.5 million during the first quarter of 2010. The Company ended the first quarter of 2011 with cash of $141.2 million, inventories of $72.5 million, and accounts payable of $50.9 million. In addition, accounts receivable was $96.7 million, including $49.4 million of earned but unbilled receivables. Contributing to the $8.8 million decrease in the Company’s cash balance during the 2011 first quarter was payments of $7.5 million for 2010 estimated federal income tax and $1.1 million for the repurchase of Company stock on the open market.

Also at March 31, 2011, the Company had approximately $501 million in funded backlog, the majority of which is expected to be delivered during the final nine months of 2011. The Company also noted that its funded backlog at the end of the 2011 first quarter was significantly higher than its approximate $214 million funded backlog balance as of March 31, 2010.

Since the end of the 2011 first quarter, the Company has secured a number of significant contract awards for vehicles and modernization products that collectively total approximately $200 million. Deliveries under these contracts are expected to be substantially complete by the end of 2011, with the majority anticipated during the fourth quarter.

Randy Hutcherson, Chief Operating Officer of Force Protection, commented, “Our recent contract awards are representative of why we believe our customers will continue to invest in the necessary resources to protect troops and promote success on the battlefield. The products and services we provide are designed to provide unsurpassed protection and sustainability, and we will continue to aggressively pursue requirements that support the near and long-term needs of our customers.”

Significant Business Development Initiatives

The Company continues to anticipate production will begin this summer under its $280 million contract with the United Kingdom’s Ministry of Defence (U.K. MoD) for its Light Protected Patrol Vehicle (LPPV) program. Current activities are focused on a number of initiatives, including ongoing reliability growth trials. The Company is also in discussion with the U.K. MoD concerning options beyond the current requirement of 200 Foxhound vehicles (the U.K. MoD’s name for the Company’s Ocelot), which are scheduled to be delivered beginning in the fall and concluding in the spring of 2012.

The Company is also making progress with the Ocelot in the Manufactured and Supported in Australia (MSA) option for the Land 121 Phase 4 program. The two prototype variants the Company delivered in February are currently undergoing assessment and related trials. This more than $1.3 billion program is designed to provide approximately 1,300 vehicles and trailers, as well as related long-term support, for Australia’s core fleet of military assets. In addition to the MSA option, the Australian government has collaborated with the U.S. government on the development of the Joint Light Tactical Vehicle (JLTV). The evaluation for the MSA option in the Land 121 program is currently scheduled to conclude later in 2011, at which point the Australian government is expected to make a decision on whether to continue with stage two MSA prototyping, JLTV or a combination of both options.

The Company’s Cougar 4x4 and 6x6 variants were down-selected in 2010 as potential solutions for Canada’s Tactical Armoured Patrol Vehicle (TAPV) program, which requires procurement for up to 600 vehicles and related long-term support services. Consistent with LPPV and Land 121 MSA, the more than $1 billion TAPV program requires that primary manufacturing and supportability be completed in the host country. The formal Request for Proposal (RFP) was issued in March, with responses to the RFP due by mid-July. This will be followed by a multi-step evaluation process by the customer, with a contract award to the final selected bidder expected as early as the end of 2011. To support its efforts, the Company has teamed up with Canadian-based CAE, which is a world leader in providing comprehensive in-service support solutions for the Canadian military and other defense forces around the globe. Bolstered by CAE’s wide range of capabilities and experience, the Company believes its offering will be ideal for the Canadian military.

Complementing its new vehicle program efforts, as part of an experienced team, the Company continues its pursuit of the U.S. Army’s Route Clearance Vehicle MRAP Contractor Logistics Support Service program competitive requirement for the maintenance of its thousands of related vehicles. The Company anticipates the issuance of the formal RFP for the program by next month, with a selection as to the preferred service provider by late 2011. The Company continues to expect this multiyear program could be worth hundreds of millions of dollars annually to the chosen service provider.

Outlook

The combination of actual first quarter results, the portion of funded backlog at March 31, 2011 that is anticipated for delivery this year, and awards secured during the second quarter, provide solid visibility for the Company’s outlook of year-over-year growth in revenue and earnings in 2011. The Company anticipates the majority of its 2011 sales and earnings will be recorded in the second half of the year, with the fourth quarter being the most financially significant. Due to the timing of awards and investments in business development and research and development, the Company continues to expect its 2011 second quarter results will be challenging.

Mr. Moody concluded, “While we are clearly pleased that we continue to make significant progress in our current business and now enjoy solid visibility for 2011, we recognize the critical importance of planning for our future beyond Afghanistan. Our strategic activities in this effort are multi-faceted, and our business development initiatives designed to secure procurement of core fleet vehicle requirements and multi-year service, sustainment and modernization programs remain a key component of our long-term strategy.

“As we execute against our plans, we are employing a balanced capital allocation approach that provides the necessary working capital to run the business and flexibility to pursue our critical internal and external growth initiatives, including opportunities to broaden the Company through strategic acquisitions and investments. To enhance our efforts we have recently added key resources to the organization, including a senior strategic advisory group comprised of three recently-retired senior leaders of the militaries in which they served, as well as two new board of directors members that bring a wealth of international, public-company management and board experience. We have also augmented our senior management team in the key area of human resources to ensure we have the optimal structure and programs in place to attract, retain and develop a best in industry employee base. All of these efforts are designed to further transform Force Protection into an innovative, credible and viable long-term provider of survivability solutions.”


Conference Call Information

The Company will hold a conference call today at 4:30 p.m. Eastern Time to discuss its results. The call will include comments from Michael Moody, Chairman and Chief Executive Officer; Charles Mathis, Chief Financial Officer; and, Randy Hutcherson, Chief Operating Officer. A question and answer session will follow the management commentary portion of the call.

To listen to the call, dial 800.510.9661 (for international, dial 617.614.3452) five to ten minutes prior to the scheduled start time and provide passcode 46586946. A live Webcast will also be available at that time on the Company’s website, www.forceprotection.net, under the “Investor Relations” section. Please visit the website at least 15 minutes prior to the call to register for the webcast and download any necessary software. A replay will be available two hours after the end of the call through midnight Monday, May 23, 2011. To access the replay, dial 888.286.8010 (for international, dial 617.801.6888) and enter passcode 71486097, or visit the “Investor Relations” section of the Company’s website.

http://www.forceprotection.net/news/news.html?id=423

[coolrunning]

Es wird immer solider und glaubhafter, wie die Zahlen beweisen.

Wenn in der zweiten Jahreshälfte die Zahlen wirklich so gut sein werden und einer der Bewerbungen gewonnen wird, dann stehen wir wieder über 10 Dollar.

Das Unternehmen wird seine früheren Investoren zurückgewinnen....

[Gexe006]

Investor Presentation Mai 2011

http://ir.forceprotection.net/phoenix.zhtml?c=114807&p=irol-…

[coolrunning]

Force Protection Adds Key Providers for Canadian Tactical Armoured Patrol Vehicle Project

LADSON, S.C., May 24, 2011 /PRNewswire/ -- Force Protection Industries, Inc., a FORCE PROTECTION, INC. (NASDAQ: FRPT) group company, today announced the addition of Elbit Systems and Lockheed Martin Canada as additional providers for the Canadian Forces requirement for the Tactical Armoured Patrol Vehicle (TAPV) project. Â

Force Protection Industries, Inc. previously announced that it has been selected by the Canadian Government as one of the competitor companies qualified to provide up to 600 wheeled combat vehicles and related long term support services. Â CAE was announced recently as Force Protection''s main Canadian partner with responsibility for providing the in-service support solution. Â The Canadian Department of National Defence (DND) expects to award a contract to the final selected bidder by early 2012.

Randy Hutcherson, Chief Operating Officer of Force Protection, said, "We are pleased to add both Elbit Systems and Lockheed Martin Canada as part of our integrated vehicle system team for the Canadian Forces. We chose both firms based on the unsurpassed quality of their specific products and services which will help make our vehicle system offering into what we believe will be the optimal solution for Canadian Forces."Â

Elbit Systems Land and C4I DRWS was chosen based on its superior performance, reliability, and ease of integration. This product will provide the best technical solution for the TAPV project while delivering tremendous Industrial and Regional Benefits for Canada. The production of the DRWS will be in Nova Scotia and will create numerous high-tech, high-value jobs in that region.

Lockheed Martin Canada was chosen as the C4ISR integrator for the TAPV requirement based on its recognized capability in the development, production and support for integrated C4 systems. Â

"We look forward to adding our C4ISR and systems integration capabilities to an outstanding team led by Force Protection," said Tom Digan, president of Lockheed Martin Canada. "We have delivered complex systems to all branches of the Canadian Forces for more than 60 years and we look forward to working on the TAPV program."

[Hufeland]

Force Protection to protect fuel tanks

LADSON - Force Protection Industries Inc. announced that it has received a firm fixed price modification to an existing contract from U.S. Marine Corps Systems Command with a total value of approximately $18.8 million for 1,130 fuel tank protection modernization kits for the Cougar Mine Resistant Ambush Protected vehicle fleet supporting Operation Enduring Freedom. Work will be performed in Ladson and is expected to be completed by Dec. 31, 2011.
Randy Hutcherson, chief operating officer of Force Protection, said, "The fuel tank protection kit is another important modernization component for the installed Cougar fleet. As threats evolve in the course of Operation Enduring Freedom it is vitally important that the vehicles continue to receive the best available protection for critical vehicle systems."

http://www.thetandd.com/news/opinion/article_2638549a-833e-1…

[Gexe006]

Force Protection to Debut Team Timberwolf at CANSEC Exhibition
~Team Includes CAE, Elbit Systems, Lockheed Martin Canada~


Force Protection Debuts Team Timberwolf at CANSEC Exhibition Click Here to Download Image

Press Release Source: Force Protection, Inc. On Tuesday May 31, 2011, 8:00 am EDT
LADSON, S.C., May 31, 2011 /PRNewswire/ -- Force Protection Industries, Inc., a wholly owned subsidiary of FORCE PROTECTION, INC. (NASDAQ:FRPT - News), announced today the formation of Team Timberwolf on the eve of CANSEC, Canada's foremost defence and security technology showcase. Team Timberwolf is comprised of Force Protection Survivability Solutions Canada, CAE, Elbit Systems and Lockheed Martin Canada to compete for the Canadian Forces Tactical Armoured Patrol Vehicle (TAPV) project.

(Photo: http://photos.prnewswire.com/prnh/20110531/CL10884)

(Logo: http://photos.prnewswire.com/prnh/20110321/CL67729LOGO)

Team Timberwolf will offer a complete vehicle system and comprehensive in-service support solution. The vehicle is based on the battle proven Cougar vehicle with independent suspension, integrated C4ISR and dual remote weapons systems. Team Timberwolf will debut at CANSEC 2011 to be held June 1-2 at the Lansdowne Park in Ottawa. Visitors can see video of Timberwolf in action at CAE's booth (#3201) during the CANSEC exhibition, and also visit the Team Timberwolf outdoor display (#315).

Randy Hutcherson, Chief Operating Officer of Force Protection, said, "Team Timberwolf was formed to give Canadian Forces the best and most complete system offering available on the market today in terms of survivability, situational awareness, fighting capability and reparability. We are pleased that CAE, Elbit Systems and Lockheed Martin Canada are part of the team offering Canada the best solution for the TAPV project. The Industrial and Regional Benefits (IRB) developed through the growing Canadian team will be a direct benefit to Canadian companies in the regions responsible for delivering components for Team Timberwolf."

Force Protection Industries, Inc. previously announced that it has been selected by the Canadian Government as one of the competitor companies qualified to provide up to 600 wheeled combat vehicles and related long term support services. The Canadian Department of National Defence (DND) expects to award a contract to the final selected bidder by early 2012. Force Protection also previously announced that it has entered into teaming agreements with CAE, Elbit Systems and Lockheed Martin Canada for the TAPV project.

About Team Timberwolf

Team Timberwolf is a collaboration between Force Protection Industries, Inc., CAE, Elbit Systems and Lockheed Martin Canada to provide the Canadian Forces a complete vehicle combat system for the TAPV project. CAE would have overall responsibility for the comprehensive in-service support (ISS) solution. Elbit Systems will be the exclusive provider of the Dual Remote Weapons System (DRWS) while Lockheed Martin Canada would provide the integrated C4ISR system. For more information on Team Timberwolf visit
http://www.teamtimberwolf.ca/

http://finance.yahoo.com/news/Force-Protection-to-Debut-prne…

[Gexe006]

The behemoth, called the Timberwolf

Force Protection Industries Inc. brought a 14,500-kilogram, sixwheeled armoured troop carrier with an automated gun turret capable of firing two types of bullets. The behemoth, called the Timberwolf, towered above other vehicles parked in an outdoor area.

Tommy Pruitt, a spokesman for Force Protection, said the vehicle was brought along to help cement a bid to produce the next generation of troop transports for Canada's military. Force has teamed with CAE, Elbit Systems and Lockheed Martin Canada to design the vehicle.

Pruitt said this year is the first time Force Protection has exhibited products. But with stiff competition to supply the government with new troop carriers, the company felt it had to attend.

im unteren Drittel des Artikels
http://www.ottawacitizen.com/news/Military+contractors+show+…

[Hufeland]

Force Protection Industries, Inc., Ladson, S.C., is being awarded a $14,430,546 firm-fixed-price modification under previously awarded firm-fixed-price, indefinite-delivery/indefinite-quantity contract (M67854-07-D-5031) for a six-month renewal of 87 field service representatives and their life support to install spall liner blanket kits, independent suspension kits, modernization safety kits and conduct general maintenance on the Cougar Mine Resistant Ambush Protected vehicle fleet supporting Operation Enduring Freedom. Work will be performed in Afghanistan, and is expected to be completed by Dec. 31, 2011. Contract funds will expire at the end of the current fiscal year. Marine Corps Systems Command, Quantico, Va., is the contracting activity.

[Gexe006]

und gleich noch einer hinterher

Force Protection Industries, Inc., Ladson, S.C., is being awarded an $8,089,860 firm-fixed-price modification under previously awarded contract (M67854-07-D-5031) for a six-month renewal of 43 field service representatives to support operations at Vehicle Support Facility-Afghanistan. Work will be performed in Afghanistan, and is expected to be completed by Dec. 31, 2011. Contract funding will expire at the end of the current fiscal year. Marine Corps Systems Command, Quantico, Va., is the contracting activity.

http://www.defense.gov/contracts/contract.aspx?contractid=45…

einzig dem Kurs nützt es nichts:O

[Gexe006]

Friday, June 17, 2011, 09:22 AM

Force Protection unveils the Ocelot vehicle weapons pod variant at Protected Mobility Exhibition.

Impressive evidence of the modular capabilities of the UK designed and built Ocelot vehicle will be on display at Protected Mobility Display & Sustainability Conference (Millbroook, June 22 and 23) when Force Protection Europe (FPE) unveils the Ocelot vehicle weapons pod variant of this versatile newcomer on Stand SP19.

Force protection Ocelot vehicle weapons pod variant

The Ocelot weapons pod variant, which provides enhanced protection for fire support and special operations teams, can be integrated easily between missions to the standard chassis using light lift equipment. It can be fitted with manned or remote weapon systems using the standard ring on the WMIK* -like roll cage or a pintle mount.

Foxhound LPPV Light Protected Patrol Vehicle British army

The light protected patrol version LPPV of Ocelot - which will be entering service with the British Army next year under the name Foxhound - will also be featured at the event. Command & Control and utility variants of Ocelot have also been developed by FPE and the family is now complemented by the weapons pod vehicle. This modular approach provides commanders with multiple options from a standard protected chassis.

http://www.armyrecognition.com/june_2011_news_defense_army_m…

Pressemitteilung der Aufträge von letzter Woche
Force Protection Receives $22.48 Million in Awards to Extend Field Service Representatives
http://finance.yahoo.com/news/Force-Protection-Receives-prne…

[Gexe006]

Force Protection Industries, Inc., Ladson, S.C., is being awarded a $7,483,368 firm-fixed-price modification under previously awarded contract (M67854-07-D-5031) for a six-month renewal of 55 field service representatives to conduct general maintenance and upgrade operations on Mine Resistant Ambush Protected vehicles. Work will be performed in Afghanistan, and is expected to be completed by Dec. 31, 2011. Various contract funds totaling in the amount of $7,483,369 will expire at the end of the current fiscal year. Marine Corps Systems Command, Quantico, Va., is the contracting activity.

http://www.defense.gov/contracts/contract.aspx?contractid=45…

[DausendUndMehr]

[Gexe006]

$63.8 mil Buffalo contract increase
http://contracting.tacom.army.mil/confls/awd/W56HZV08C0028P0…
SECTION A - SUPPLEMENTAL INFORMATION
1. The purpose of this Modification P00028 to Contract W56HZV-08-C-0028 is to incorporate the following into this contract:
2 . SECTION B:
a) CLIN 4100AA unit price is changed to include ECN Attachments 0021 through 0024 of the contract. The breakout pricing is added
as a narrative.
b) CLIN 4100AS is added: 56 each Buffalo A2 Vehicles, Unit Price: $1,071,383.97, Total: $59,997,502.32.
c) CLIN 4100AT is added: 56 each Buffalo A2 Bar Armor Kits, Unit Price: $68,073.39, Total: $3,812,109.84.
d) CLIN 4100AU is added: Non-recurring Engineerig (NRE) for the separation of the Buffalo A2 Vehicles and Bar Armor kits, Total:
$20,724.66.
e) CLIN 5100AA unit price is changed to include ECN Attachments 0021 through 0024 of the contract. The breakout pricing is added
as a narrative.
3. The revised pricing for Ordering Periods 4 and 5 are as follows (prices include ECN Attachments 0021 through 0024 of the contract):
FOURTH ORDERING PERIOD:
Buffalo A2 Vehicles with Bar Armor Installed: $1,148,190.81
Buffalo A2 Vehicles without Bar Armor Installed: $1,071,383.97
Buffalo A2 Bar Armor Kits: $68,073.39
FIFTH ORDERING PERIOD:
Buffalo A2 Vehicles with Bar Armor Installed: $1,197,408.39
Buffalo A2 Vehicles without Bar Armor Installed: $1,116,791.56
Buffalo A2 Bar Armor Kits: $70,283.27
4. As a result of this modification, the total dollar amount of the contract is increased by $63,830,336.82 from $262,356,901.42 to
$326,187,238.24.
5. All other contract terms and conditions remain unchanged and in full force and effect.

[Gexe006]

Force Protection submits Ocelot for Redfin bid
14 Jul 2011


Force Protection Europe has confirmed to Jane's that it has bid its Weapons Pod version of the Ocelot protected patrol vehicle in response to a request for information released under Australia’s Project Redfin Special Forces mobility requirement.

The pod was unveiled as a static hull at the IDEX show in the United Arab Emirates (UAE) in February and the company hoped to display it fitted to the Ocelot protected ‘skateboard’ chassis at the Protected Mobility Display & Sustainment Conference at Millbrook Proving Ground in the UK in late June, but the testing regime of the nine Ocelots built so far precluded that.

Redfin’s next Phase (1B) is for the procurement, by open tender, of variants required to provide the balance of Special Forces (ie Commando) land mobility.

According to the latest Defence Capability Plan, the Special Operations Vehicle (SOV)-Commando element will be sourced through open tender, the SOV-Support through restricted tender, and the SOV Logistics through either open or restricted tender (subject to linkages with Land 121 Phase 3).

Following is our understanding of their broad requirements:

* SOV-CDO: the requirement here is for an open vehicle with considerable speed and agility, and able to carry up to eight personnel.

It would need mounts for a range of weapons including the M2A2 .50 cal machine gun, the 40mm Mk19 AGL and Javelin. It would certainly need some mine and IED protection and possibly add-on crew protection (composites).

* SOV-LOG: this will be a similar vehicle to the above but configured for supply and support operations.

* SOV-SPT: this requirement is for a very different vehicle, similar to an up-armoured Toyota Land Cruiser type with IED and RPG protection, and possibly including a remote weapons station (RWS).

Designed for training and for discrete urban operations this vehicle would be used mainly by the ADF’s two Tactical Assault Groups (East and West).

ADM believes that requirements for a surveillance and recce SOV have yet to be determined, nevertheless it is anticipated that this would be an agile 4x4 vehicle equipped with day/night surveillance that enhances forward and rearward visibility.

It is anticipated that contenders for Phase 1A’s up-to-50 vehicle requirement (with a delayed RFT expected end of first quarter 2011) will include the Supacat SPV400 and the Force Protection Ocelot.

Supacat have provided Nary SF vehicles with the High Mobility Extenda series.

Delay in introducing them into service has mainly been due to difficulties with the communications fit.

http://www.australiandefence.com.au/news/force-protection-su…

[VirtualNormann]

Neues Ocelot-Video

[wohinistmeinGeld]

Antwort auf Beitrag Nr.: 41.868.382 von VirtualNormann am 30.07.11 11:28:33

das konnte der Unimog schon vor 30 Jahren.

[Gexe006]

Force Protection Announces Financial Results for 2011 Second Quarter
Author: Force Protection, Inc.
Publisher: Force Protection, Inc.
Date: 08/04/2011

~Revenue of $92.2 Million and Net Loss of $0.22 Per Share … Adjusted Net Loss was $0.19 Per Share(1),
Excluding Non-Cash Impairment Expense of $0.03 Per Share~

~Includes Increased Investment in Large Customer Programs in Advance of Key Near-Term Decisions
… Q2 2011 Spending Levels Not Anticipated in Remaining Quarters of 2011~

~Ends 2011 Q2 with $728 Million in Funded Backlog, $150 Million in Cash and No Debt~

~Continues to Expect Growth in 2011 Full Year Revenue~

FORCE PROTECTION, INC. (NASDAQ:FRPT) today reported financial results for the three months ended June 30, 2011, including net sales of $92.2 million and a net loss of $0.22 per diluted share. Adjusted net loss for the period was $0.19 per diluted share, which excludes non-cash impairment expense of $0.03 per diluted share(1). Supported by funded backlog of $728 million at June 30, 2011, the Company reiterates its outlook of growth in 2011 full year revenue as compared to 2010. In addition, the Company continues to make important progress in its business development efforts.

The Company also announced that its board of directors has authorized an additional $10 million for the repurchase of its common stock. The Company is continuing to execute on its existing $20 million share repurchase program, which was authorized in March 2011.

Michael Moody, Chairman and Chief Executive Officer of Force Protection, Inc., said, “We had previously communicated that our 2011 second quarter would be challenging, and our disappointing results certainly reflect that. Due to the timing of awards and deliveries, revenues for the quarter are not representative of our expectations for the remaining quarters of 2011. In addition, the quarter represented a high point for research and development and business development investments we chose to make in pursuit of important opportunities.”

Mr. Moody continued, “For the second half of 2011, we anticipate much stronger revenues than the first six months of the year as we deliver on orders already received, including the first Foxhounds to the United Kingdom Ministry of Defence. In addition, as we reach important milestones in pursuit of business opportunities in the United States and internationally, we expect that research and development and business development expenditures on these pursuits will be lower for the remainder of 2011. Further, our second quarter results are driving us to additional focus on containing expenses and increasing the flexibility of our cost structure. These initiatives are far reaching throughout the organization and are designed to produce operating expenses for the 2011 second half that are lower than the first six months of 2011.”

Second Quarter

In the second quarter of 2011, the Company reported net sales of $92.2 million versus $137.1 million in the second quarter of 2010. Contributing to the decrease were lower vehicle, modernization, and spares and sustainment revenues primarily attributable to the timing of awards and related delivery of products and services.


Gross margin for the 2011 second quarter was 9.7 percent, as compared to 23.1 percent in the second quarter of 2010. Significantly contributing to the decrease was the impact of lower sales volume, the results of certain contract negotiations, increased warranty costs, and expenses for the Buffalo A2 as it moves toward formal Program of Record status.

The Company reported an operating loss of $24.0 million in the second quarter of 2011, as compared to operating income of $7.3 million in the prior year period. The 2011 second quarter adjusted operating loss was $20.8 million, which excludes $3.2 million of impairment expense associated with the Company’s Roxboro, North Carolina, facility(1). Also contributing to the year-over-year decrease was the aforementioned impact of a lower gross margin in 2011, as well as increased research and development and related spending on the Company’s business development initiatives. Reconciliations of 2011 adjusted operating loss and operating loss associated with the Roxboro impairment are included at the end of this press release(1).

Net loss for the second quarter of 2011 was $15.2 million, or $0.22 per diluted share, as compared to net income of $4.8 million, or $0.07 per diluted share, for the 2010 second quarter. The 2011 second quarter adjusted net loss was $13.1 million, or $0.19 per diluted share, which excludes $2.0 million, or $0.03 per share, of impairment expense (after tax) for the Roxboro facility(1). Reconciliations of 2011 adjusted net loss and adjusted net loss per share to net loss and net loss per share associated with the Roxboro impairment are included at the end of this press release(1).

Year to Date

For the six months ended June 30, 2011, the Company reported net sales of $233.6 million versus $272.0 million for the six months ended June 30, 2010. Contributing to the decrease was lower sales across all major revenue categories primarily due to the timing of contract awards and related delivery of products and services.

Gross margin for the six months ended June 30, 2011 was 14.8 percent, as compared to 21.0 percent for the six months ended June 30, 2010. Contributing to the decrease in gross margin for 2011 was the aforementioned lower second quarter revenue and impacts to cost of sales. Also contributing to the lower gross margin for 2011 was $9.5 million of revenue in the first quarter related to a claim settlement and a development contract, with both having minimal associated gross profit, as well as $1.3 million in expenses related to a workforce reduction during the same period.

Operating loss was $23.9 million for the six months ended June 30, 2011, as compared to operating income of $9.1 million in the prior year period. The 2011 year-to-date adjusted operating loss was $20.7 million, which excludes the aforementioned $3.2 million of impairment expense for the Roxboro facility(1). Significantly contributing to the year-over-year decrease were the previously discussed items affecting gross margin, as well as higher year-over-year spending on research and development and related efforts for the Company’s business development initiatives. Also impacting 2011 results were $2.3 million in workforce reduction and severance related costs in the first quarter of 2011(1). Reconciliations of 2011 adjusted operating loss and operating loss associated with the Roxboro impairment are included at the end of this press release(1).

Net loss for the six months ended June 30, 2011 was $15.2 million, or $0.22 per diluted share, as compared to net income of $5.9 million, or $0.08 per diluted share, for the comparable prior year period. The 2011 year-to-date adjusted net loss was $13.2 million, or $0.19 per diluted share, which excludes the previously discussed $2.0 million, or $0.03 per share, of impairment expense (after tax) for the Roxboro facility(1). Reconciliations of 2011 adjusted net loss and adjusted net loss per share to net loss and net loss per share associated with the Roxboro impairment are included at the end of this press release(1).

Financial Position

Net cash provided by operating activities during the six months ended June 30, 2011 was $9.5 million, as compared to net cash used in operating activities of $20.2 million during the comparable prior year period. The Company ended the second quarter of 2011 with cash of $149.6 million, inventories of $90.2 million, and accounts payable of $73.4 million. In addition, accounts receivable was $86.6 million, including $50.5 million of earned but unbilled receivables. During the first six months of 2011, the Company used cash of $4.4 million for the repurchase of 915,319 shares Company stock on the open market, and $6.0 million for capital expenditures.

Business Development Initiatives

Force Protection Europe, a wholly-owned subsidiary of the Company, has commenced initial production under its $280 million contract with the United Kingdom Ministry of Defence (U.K. MoD) for its Light Protected Patrol Vehicle (LPPV) program. Substantially all of the 2011 deliveries under the LPPV program are expected to occur in the fourth quarter, with further deliveries continuing through the first half of 2012. The Company is in discussion with the U.K. MoD concerning options beyond the current requirement of 200 Foxhound (the U.K. MoD’s name for the Ocelot under the LPPV program) vehicles.

The Company also continues to make progress with the Ocelot in the Manufactured and Supported in Australia (MSA) option for the Land 121 Phase 4 program, which is designed to provide approximately 1,300 vehicles and trailers, as well as related long-term support, for Australia’s core fleet of military assets. In addition to the MSA option, the Australian government has collaborated with the U.S. government on the development of the Joint Light Tactical Vehicle (JLTV). The evaluation for the MSA option in the more than $1.3 billion Land 121 Phase 4 program is currently expected to conclude in the 2011 fourth quarter or early next year, at which point the Australian government is expected to make a decision on whether to continue with stage two MSA prototyping, JLTV or a combination of both options.

Also in Australia, the Company is preparing a proposal for submission later this month for the new Project JP 2097 Phase 1B (REDFIN). The program is for up to 76 vehicles for the Australian Special Forces, and the Company will be offering a variant of the Ocelot. A down select to a preferred bidder for the prototype, development and evaluation phase for REDFIN is expected in the first half of 2012.

As part of an experienced team, the Company continues its pursuit of the U.S. Army’s Route Clearance Vehicle MRAP Contractor Logistics Support Service program competitive requirement for the maintenance of its thousands of related vehicles. The Company expects this multiyear program could be worth hundreds of millions of dollars annually to the chosen service provider. A selection by the customer of the preferred service provider is anticipated by late 2011.

The Company will submit a Cougar 6x6 variant called Timberwolf as a potential solution for Canada’s more than $1 billion Tactical Armoured Patrol Vehicle (TAPV) program, which requires procurement of an initial 500 vehicles and related long-term support services with an option for an additional 100 vehicles and related support services. The Company has teamed with Canadian-based CAE and secured Elbit Systems and Lockheed Martin Canada as key providers. A contract award to the final selected bidder is currently expected by the second quarter of 2012.

Outlook

The Company continues to expect 2011 full year revenue growth as compared to 2010. Supporting this view was funded backlog of $728 million at the end of the 2011 second quarter. The primary risk to the Company’s outlook for the remainder of the year is the execution of modernization and vehicle deliveries already under contract, especially for the fourth quarter as it is expected to be the largest revenue quarter of the year.

Mr. Moody concluded, “We do not view our 2011 second quarter financial results as indicative of our expectations for the remainder of this year. This outlook is based on our substantial funded backlog that carries into 2012 and our enhanced efforts to drive increased flexibility and efficiency in our cost structure. We also look forward to customer decisions over the next several months on a number of programs that would benefit our results beginning in 2012. Along with the opportunities provided by our existing portfolio of products and services, we believe success in one or more of these large programs will better position the Company for long-term success and result in increased shareholder value.”

Authorization of Additional $10 Million for Share Repurchase Program

Separately, the Company announced today that its board of directors has authorized $10 million for repurchase of Company common stock. This amount is in addition to the $20 million authorization announced by the Company on March 9, 2011, which the Company continues to execute.

The repurchase program calls for shares to be purchased in the open market or in private transactions. The Company may repurchase shares from time to time depending upon market conditions, the market price of the Company’s common stock, and management’s assessment of liquidity and cash flow needs. The Company currently expects to finance any repurchases from cash-on-hand. The Company may suspend or discontinue the program at any time.

Conference Call Information

The Company will hold a conference call today at 4:30 p.m. Eastern time to discuss its results. A question and answer session will follow the management commentary portion of the call.

To listen to the call, dial 866.730.5768 (for international, dial 857.350.1592) five to ten minutes prior to the scheduled start time and provide passcode 63961221. A live Webcast will also be available at that time on the Company’s website, www.forceprotection.net, under the “Investor Relations” section. Please visit the website at least 15 minutes prior to the call to register for the webcast and download any necessary software. A replay of the call will be available two hours after the end of the call through midnight Thursday, August 18, 2011. To access the replay, dial 888.286.8010 (for international, dial 617.801.6888) and enter passcode 68098019, or visit the “Investor Relations” section of the Company’s website.

About Force Protection, Inc.

Force Protection, Inc. is a leading designer, developer and manufacturer of survivability solutions, including blast- and ballistic-protected wheeled vehicles currently deployed by the U.S. military and its allies to support armed forces and security personnel in conflict zones. The Company’s specialty vehicles, including the Buffalo, Cougar, Ocelot and the related variants of each, are designed specifically for reconnaissance and other operations and protect their occupants from landmines, hostile fire, and improvised explosive devices (commonly referred to as roadside bombs). Complementing these efforts, the Company is designing, developing and marketing the JAMMA, a new vehicle platform that provides increased modularity, transportability, speed and mobility. The Company also develops, manufactures, tests, delivers and supports products and services aimed at further enhancing the survivability of users against additional threats. In addition, the Company provides long-term life cycle support services of its vehicles that involve development of technical data packages, supply of spares, field and depot maintenance activities, assignment of skilled field service representatives, and advanced driver and maintenance training programs. For more information on Force Protection and its products and services, visit www.forceprotection.net.

Safe Harbor Statement

This press release contains forward looking statements that are not historical facts, including statements about our beliefs and expectations. These statements are based on beliefs and assumptions of Force Protection’s management, and on information currently available to management. These forward-looking statements include, among other things: the growth, demand and interest for Force Protection’s services and products, including the Buffalo, Cougar, Ocelot and JAMMA vehicles; current backlog; anticipated awards and expected deliveries of Ocelot vehicles; the effect of the LPPV award for future growth; expectations for future programs, including Land 121, TAPV, REDFIN and Route Clearance Vehicle MRAP Contractor Logistics Support Service and the related timing of proposals and awards; modernization and spares and sustainment contracts and the effect of operations in Afghanistan; the ability to meet current and future requirements; the Company’s execution of its business strategy and strategic transformation, including its development initiatives and opportunities to broaden its platform; the Company’s expected financial and operating results, including its revenues, margin, earnings and cash flows, for future periods; the Company’s belief that the 2011 second quarter represented a high point for research and development and business development investments; the Company’s belief that for the second half of 2011, it anticipates much stronger revenue than the first six months of the year; the Company’s expectation that 2011 full year revenues will grow as compared to 2010; the Company’s belief that cost reduction initiatives are in place and will be executed to produce operating expenses for the 2011 second half that are lower than the first six months of 2011; the Company’s expectation that substantially all of the 2011 deliveries under the LPPV program will occur in the fourth quarter, with further deliveries continuing through the first half of 2012;the Company’s belief that success in one or more of the identified large programs it is pursuing will better position the Company for long-term success and result in increased shareholder value; and, the Company’s share repurchase program.
Forward-looking statements speak only as of the date they are made, and the Company undertakes no obligation to update any of them publicly in light of new information or future events. A number of important factors could cause actual results to differ materially from those contained in any forward-looking statements. Examples of these factors include, but are not limited to, the execution of modernization and vehicle deliveries already under contract, especially for the 2011 fourth quarter as it is expected to be the largest revenue quarter of the year; the ability to effectively manage the risks in the Company’s business; the ability to win future awards and finalize contracts; the ability to develop new technologies and products and the acceptance of these technologies and products; and the other risk factors and cautionary statements listed in the Company’s periodic reports filed with the Securities and Exchange Commission, including the risks set forth in the Company’s Annual Report on Form 10-K for the year ended December 31, 2010 and Form 10-Q for the three and six months ended June 30, 2011.

(1) Use of Non-GAAP Financial Measures

Certain disclosures in this press release include “non-GAAP financial measures.” A non-GAAP financial measure is defined as a numerical measure of a company’s financial performance, financial position or cash flows that excludes or includes amounts so as to be different from the most directly comparable measure calculated and presented in accordance with U.S. generally accepted accounting principles (GAAP). The Company defines “adjusted operating loss”, “adjusted net loss” and “adjusted net loss per share” as operating loss, net loss and net loss per share as reported under GAAP less the impact of the impairment in the valuation of the Company’s Roxboro, North Carolina, facility in the second quarter of 2011. By excluding these charges, management is able to compare the Company’s ongoing operations to prior periods and to the ongoing operations of other companies in its industry. Management believes that excluding the expense for the impairment of the valuation of the Company’s Roxboro, North Carolina, facility is useful to investors because it is more representative of the ongoing business of the Company and reflects the financial indicators used by management to evaluate the Company’s financial results.

These amounts are not measures of financial performance under GAAP. They should be considered supplemental to and not a substitute for financial performance in accordance with GAAP. These non-GAAP measures should not be considered measures of the Company’s liquidity. In addition, these non-GAAP measures are not based on any comprehensive set of accounting rules or principles. The Company’s definition of “adjusted operating loss”, “adjusted net loss” and “adjusted net loss per share” may differ from similar measures used by other companies and may differ from period to period. Subject to the review and approval of the Company’s audit committee, management may make other adjustments for expenses and gains that it does not consider reflective of core operating performance in a particular period and may modify “adjusted operating loss”, “adjusted net loss” and “adjusted net loss per share” by excluding this expense. This information should not be construed as an alternative to the reported results, which have been determined in accordance with GAAP. A reconciliation of “adjusted operating loss”, “adjusted net loss” and “adjusted net loss per share” with operating loss, net loss and net loss per share are included in the accompanying financial data.

(Tables follow) siehe Link

http://www.forceprotection.net/news/news.html?id=434

[wohinistmeinGeld]

Antwort auf Beitrag Nr.: 41.896.690 von Gexe006 am 04.08.11 23:38:57

was heulst du, so schlecht isses doch nicht

[coolrunning]

Hey Leute,
keinen Bock mehr auf news ??

Force Protection Receives $16.9 Million Award for Fuel Tank Protection Kits
LADSON, S.C., Sept. 26, 2011 /PRNewswire/ -- Force Protection Industries, Inc., a Force Protection, Inc. (NASDAQ:FRPT) group company, today announced that it has received a firm fixed price modification to existing contract M67854-07-C-5031 from U.S. Marine Corps Systems Command with a total value of approximately $16.9 million. The award is for 961 fuel tank protection modernization kits and certain tools for the Marine''s Cougar Mine Resistant Ambush Protected vehicles. Work will be performed in Charleston, S.C., and is expected to be completed no later than March 30, 2012.

The Company previously announced on May 2, 2011, an order for 1,130 fuel tank kits with an approximate value of $18.8 million.

Phil Ciarlo, Chief of Operations for Force Protection, said, "This additional fuel tank protection kit order continues the important modernization work for the installed Cougar fleet and ensures that additional vehicles will receive the best available protection for their fuel systems."

[Gexe006]

23--Cougar MRAP Vehicles, Sustainment and Integration

Marine Corps Systems Command intends to award a Three (3) Year Indefinite Delivery Indefinite Quantity Sole Source contract to Force Protection Industries, Inc. (FPII), 9801 Highway 78, Ladson South Carolina, 29456 for up to 20 CAT I and 20 CAT II Cougar MRAP Vehicles and Engineering Change Proposals (ECPs), Sustainment and Integration based on the existing Cougar MRAP Vehicle Technical Data Package (TDP). FPII is currently producing the Cougar MRAP vehicle for the United States Marine Corps and is the Original Equipment Manufacturer possessing the patent rights to the vehicle, unique product knowledge, and production line capabilities for immediate production of the required item and is therefore the only vendor deemed qualified to produce this item.

The Estimated contract award date is June 1, 2012. Estimated total contract value is $400,000,000. Deliveries will be required to begin no later than 18 months after contract award. The North American Industry Classification (NAICS) Code is 336992, Vehicles.

https://www.fbo.gov/index?s=opportunity&mode=form&id=7f7a651…

[coolrunning]

http://www.fool.com/investing/general/2011/10/24/is-force-pr…

[Gexe006]

LADSON, S.C., Nov. 1, 2011 /PRNewswire/ -- Force Protection Industries, Inc., a FORCE PROTECTION,
Force Protection Receives $185.9 Million Award for 167 Buffalo Vehicles and 102 Bar Armor Kits
~Program Receives Full Material Release and Authorization to Proceed to Full Rate Production~
~Combined with Existing Orders, Award Provides Visibility for Buffalo Deliveries to the U.S. Army through April 2014~

INC. (NASDAQ:FRPT - News) group company, today announced it has received a firm fixed price modification to existing contract W56HZV-08-C-0028 from U.S. Army Contracting Command in Warren, Michigan, with an approximate value of $185.9 million for the purchase of an additional 167 Buffalo A2 Mine Protected Clearance Vehicles and 102 Buffalo A2 Bar Armor Kits. Work is to be performed in Ladson, South Carolina, with deliveries extending to April 2014.

(Logo: http://photos.prnewswire.com/prnh/20110321/CL67729LOGO)

Michael Moody, Chairman and Chief Executive Officer for Force Protection said, "Today's announced modification provides Force Protection important revenue visibility into 2014. In addition, by securing Full Material Release and authorization to proceed to Full Rate Production, the Buffalo has achieved additional significant milestones on the path to achieving formal Program of Record status within the U.S. Army's installed fleet of vehicles."

Mr. Moody concluded, "We remain extremely proud of the service record of the Buffalo and the countless Soldiers' lives saved performing critical route clearance missions. We will continue to work closely with the U.S. Army and other domestic services, as well as militaries worldwide, to ensure troops have the necessary resources to promote their success on the battlefield."

http://finance.yahoo.com/news/Force-Protection-Receives-prne…

[VirtualNormann]

Scheint, als wär Force weit aus dem Focus der Anleger gerückt

[Gexe006]

sehe ich auch so, aber vielleicht steigt das Interesse ja mit dieser News und dem Quartalsbericht der nächst Woche kommen müsste wieder ein wenig
Natürlich sollten dazu die Zahlen besser sein als letztes Mal, sonst gehts weiter abwärts.

[coolrunning]

Der Weg ist das Ziel

Das war wichtig und zeigt, das man FRPT im Ami-Land nicht vergessen hat und nicht nur "Freundschaften" eine Rolle spielen, sondern manchmal auch gute Produkte.

Jetzt müssen noch Order aus anderen Länern kommen und dann sind wir wieder in alten Kursregionen.

Ich bleibe weiter investiert....

[ChrisHamburg01]

http://www.finanzen.net/nachricht/aktien/General-Dynamics-ue…

Das entspricht 4,01 Euro

[HeinzBork]

Zitat von ChrisHamburg01: http://www.finanzen.net/nachricht/aktien/General-Dynamics-ue…

Das entspricht 4,01 Euro

na sauber,

da haben die uns ja richtig verarscht

Aus dem IV Board

If you own Force common stock and you wish to discuss this matter with us, or have any questions concerning your rights and interests with regard to this matter, please contact
Tripp Levy
Tripp Levy PLLC
125 East 82nd Street
9th Floor
New York, New York
Toll Free: 877-772-3975
Email: [e-mail]

[Gexe006]

Antwort auf Beitrag Nr.: 42.312.552 von HeinzBork am 07.11.11 14:22:12

Da kann man ja nur hoffen das noch ein Bieterkrieg entsteht, für den Preis komm ich mich auch ein wenig verarscht vor

Backlog zur Zeit ca. 800Mill.
Eigenkapital sind bestimmt auch ´noch um 100Mill.

Ich würde sagen da muß dringend noch was am Preis gemacht werden

[Gexe006]

Antwort auf Beitrag Nr.: 42.312.654 von Gexe006 am 07.11.11 14:39:05

Shit scheint ja schon alles in trockenen Tüchern

[deadia]

Antwort auf Beitrag Nr.: 42.312.668 von Gexe006 am 07.11.11 14:41:03

Abwarten -
Institutional Ownership - 68 %
Die werden sich nicht so einfach abspeisen lassen.
Vorbörslicher Handel 5.312.000
Da wird sich noch was ergeben!

[ChrisHamburg01]

Ja. Beide Seiten haben schon zugestimmt.

[deadia]

Antwort auf Beitrag Nr.: 42.312.799 von ChrisHamburg01 am 07.11.11 14:59:33

Aber noch nicht die, die 68 % in den Händen haben!
Die sind hoffentlich gierig!

[ChrisHamburg01]

Aktuell 5,50 Dollar

http://www.nasdaq.com/symbol/frpt/real-time

[Gexe006]

Antwort auf Beitrag Nr.: 42.312.798 von deadia am 07.11.11 14:59:22

Die Hoffnung stirbt zuletzt

Aus dem IV-Board
Tripp Levy PLLC Announces Investigation of the Acquisition Force Protection

New York, New York (PRNewswire)-- Tripp Levy PLLC, a leading national securities law firm, announces an investigation into the proposed acquisition of Force Protection by General Dynamics. Under the terms of the agreement, all outstanding shares of Force will be acquired for $5.52 per share in cash.

The investigation concerns, among other things, whether the consideration to be paid to Force shareholders is unfair, inadequate, and substantially below the fair or inherent value of Force. Indeed, analysts estimate the true inherent value of the stock is worth at least $8 per share. The investigation further concerns whether the board of directors of Force may have breached their fiduciary duties by not acting in Force shareholders' best interests in connection with the sale process of Force.

[deadia]

Antwort auf Beitrag Nr.: 42.312.845 von Gexe006 am 07.11.11 15:05:52

Würde sagen, die Hedge Fonds werden unsere Interessen gut vertreten!
Vielleicht gibt es ja noch einen weiteren Bieter.
Für die paar Millionen sollten auch noch andere interessiert sein.
Nehmen wir es als einen Anfang!

[deadia]

Antwort auf Beitrag Nr.: 42.312.845 von Gexe006 am 07.11.11 15:05:52

So, jetzt sind wir vorbörslich bei 5,55 $ und über 6.000.000 Teile.
Die wird doch nicht alle GD gekauft haben?
Da erwarten sich auch andere noch höhere Preise!
Ich auch!

[pagitz01]

das war's mit höheren Kursen mehr als gd zahlt wird's auch nimmer steigen logisch...

[Gexe006]

Antwort auf Beitrag Nr.: 42.312.897 von deadia am 07.11.11 15:15:52

Vorbörslich mittlerweile über 15% (über 9Millionen)der Shares gehandelt $5,485

[deadia]

Antwort auf Beitrag Nr.: 42.312.996 von pagitz01 am 07.11.11 15:33:09

Warum?
Erst müssen die Hedge Fonds den Preis akzeptieren.
Die Hedge Fonds halten 68 % der Aktien, also 47.600.000 Aktien.
Kann mir nicht vorstellen, das die solch einen Preis akzeptieren.
Da warten wir doch lieber einmal ab, was sich noch ergibt!

[pagitz01]

Wenn ihr Kohle verdienen wollt ...


SCHAUT EUCH PEIX AN...

An der Nasdaq

Peix Short therm 2-3 USD

P.s der Kaufpreis bei frpt is ja ne verarsche....

[pagitz01]

Ne das ding is durch...

Und verkauft zum 1,2 und zum 3

[coolrunning]

Was geht denn hier ab ?????????????

Übernahme - das glaube ich nicht !

Hier erst mal die Zahlen
http://www.prnewswire.com/news-releases/force-protection-ann…

Lasst uns diskutieren Jungs !

Woher soll die Mehrheit kommen ? Von mir jedenfalls nicht.


Meinungen erwünscht

[coolrunning]

Sicher ist es gut, das wir mit GD zusammenarbeiten.

Aber hat der Moody sie noch alle ????????????
Zu dem Preis ???!!!!

Verarsche !

Darauf gehe ich jedenfalls nicht ein.
Keine Schulden und jede Menge Geld auf der Kante - Aufträge en masse

Wieviele Geschenke hat er denn bekommen, um so eine Aussage/Empfehlung zu tätigen ?

Hält der uns für blöd ??????

[coolrunning]

An die US-Boys: Ich bin bei einer möglichen Klage dabei !

[deadia]

Antwort auf Beitrag Nr.: 42.313.613 von coolrunning am 07.11.11 17:04:22

Aber der Wahnsinn:
Es wurden bereits 21.700.000 Aktien um 5,48 $ gehandelt.
Institutional Ownership: 67.3%
Das wären 47.110.000 Aktien.
Also im free float 22.890.000 Aktien.
Somit wäre ja der gesamte free float bereits gehandelt!

[coolrunning]

Gross margin for the 2011 third quarter was 22.3 percent

Mr. Moody continued, "We continue to expect the second half of 2011 will be much stronger than the first six months of the year, including a fourth quarter that should be the most substantial of the year. We also look forward to near-term customer decisions on a number of substantial programs that could benefit our financial results beginning in 2012. This includes a potential second tranche of vehicle orders under the United Kingdom's LPPV program, a contract for service and sustainment of the U.S. Army's fleet of route clearance and MRAP vehicles, Canada's requirement for vehicles and long-term service as part of its TAPV program, and Australia's Land 121 Phase 4 and REDFIN vehicle programs. Success in one or more of these business development pursuits will provide increased visibility to long-term revenue for the Company, as well as move us further away from urgent operational funding."

Vielleicht wissen da wieder einige wesentlich mehr !

Der Zeitpunkt passt, um vor der großen Ernte günstig die Felder zu kaufen

Nicht mit uns Mr. Moody !!!!

[coolrunning]

Da gehen mal 400000 oder mal 500000 Aktien zu 5,48 in einer Order rüber - das können doch Moody & Co selbst sein, oder ? Welcher Fonds gibt die teile zu diesem Preis ab ??????

[Gexe006]

Bei den ganzen Shares die heute schon gehandelt wurden, müssen schon ein paar der Großaktionäre (Fonds) mithandeln.
Nach Aktienrückkauf ca. 65 Millionen Shares
Gehandelt bisher ca.22 Millionen
Vor dem heutigen Tag von Fonds gehalten ca. 43-44Millionen (68-69%)

Ja Coolrunning da werden wir wieder mal schön verarscht, bin mir sicher das Moody dabei einiges verdient und der Rest der Vorstände auch.

Backlog 652Millionen zum Quartalsende
denke das der letzte Auftrag noch nicht drin ist 185Mil.
Da war noch was von 400Mil. Mitte des nächsten Jahres

122 Millionen in der Kasse
2.Tranche der Britten für den Ocelot
und die beiden Ausschreibungen für Kanada und Australien

Wenn es so bleibt: Herzlichen Glückwunsch GD - schönes Weihnachtsgeschenk

[coolrunning]

Holzer Holzer & Fistel, LLC Announces Investigation into the Proposed Buyout of Force Protection, Inc.

Holzer Holzer & Fistel, LLC is investigating whether the directors of Force Protection, Inc. (“Force Protection” or the “Company”) (NASDAQ: FRPT) complied with their fiduciary duties in approving the proposed acquisition of the Company by General Dynamics. According to the Company’s announcement, if the deal closes Force Protection shareholders will receive $5.52 per share of FRPT owned. The investigation seeks to determine, among other things, whether the consideration to be paid to Force Protection shareholders is fair and adequate.

Current holders of Force Protection common stock with questions concerning their legal rights are encouraged to contact Holzer Holzer & Fistel, LLC and its attorneys Michael I. Fistel, Jr., Esq., or Marshall P. Dees, Esq. via email at [e-mail], or [e-mail], or via toll-free telephone at [phone].

Holzer Holzer & Fistel, LLC dedicates its practice to vigorous representation of shareholders and investors in litigation nationwide, including shareholder class action and derivative litigation. More information about the firm is available through its website, www.holzerlaw.com and upon request from the firm. Holzer Holzer & Fistel, LLC has paid for the dissemination of this promotional communication, and Michael I. Fistel, Jr. is the attorney responsible for its content.

Contacts

Holzer Holzer & Fistel, LLC
Michael I. Fistel, Jr., Esq., 888-508-6832 (toll-free)
[e-mail]
or
Marshall P. Dees, Esq., 888-508-6832 (toll-free)
[e-mail]

[Gexe006]

Antwort auf Beitrag Nr.: 42.313.849 von coolrunning am 07.11.11 17:33:30

Da bringen sich schon einige in Position um das Geld der geprellten Aktionäre einzusammeln

[coolrunning]

Ich sehe bei den einzeln kumulierten ca. 12 Mio Aktien USA

Bei der Gesamtsicht auch 22 Mio - verstehe ich nicht...

[coolrunning]

http://holeinonestocks.net/landing7/index.php?code=FRPT

[Gexe006]

Antwort auf Beitrag Nr.: 42.313.909 von coolrunning am 07.11.11 17:42:16

Sind die etwas bekannter, der Kurs zieht ja leicht an

The Law Firm of Levi & Korsinsky, LLP Announces Investigation into Possible Breaches of Fiduciary Duty by the Board of Force Protection, Inc. in Connection with the Sale of the Company to General Dynamics Corporation

tweet0EmailPrintCompanies:Force Protection Inc.General Dynamics Corp. Topics:Legal / Law MattersIndustrial Goods Related Quotes
Symbol Price Change
FRPT 5.50 +1.29

GD 63.27 -0.18


Follow these stocks
{"s" : "frpt,gd","k" : "a00,a50,b00,b60,c10,g00,h00,l10,p20,t10,v00","o" : "","j" : ""} Press Release Source: Levi & Korsinsky, LLP On Monday November 7, 2011, 11:39 am
NEW YORK, Nov. 7, 2011 /PRNewswire/ -- Levi & Korsinsky is investigating the Board of Directors of Force Protection, Inc. ("Force Protection" or the "Company") (NASDAQ:FRPT - News) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to General Dynamics Corporation (NYSE:GD - News). Under the terms of the transaction, Force Protection shareholders will receive $5.52 for each share of Force Protection stock they own. The transaction has a total approximate value of $360 million.

Click here to learn how to join the action: http://www.zlk.com/FRPT_distributed.pdf, or call: 877-363-5972.
Nur noch ausfüllen
The investigation concerns whether the Force Protection Board of Directors breached their fiduciary duties to Force Protection stockholders by failing to adequately shop the Company before entering into this transaction and whether General Dynamics Corporation is underpaying for Force Protection shares, thus unlawfully harming Force Protection stockholders. In particular, at least one analyst set a price target of $8.00 per Force Protection share and Force Protection stock traded as high as $5.73 per share as recently as February 2011.

If you own common stock in Force Protection and wish to obtain additional information, please contact Joseph E. Levi, Esq. either via email at [e-mail] or by telephone at [phone], toll-free: [phone], or http://www.zlk.com.

Levi & Korsinsky is a national firm with offices in New York, California and Washington D.C. The firm has extensive expertise in prosecuting investor securities litigation involving financial fraud and represents investors throughout the nation, concentrating its practice in securities and shareholder litigation. The attorneys at Levi & Korsinsky have been appointed by numerous courts throughout the country to serve as lead counsel on behalf of shareholders in major litigations involving mergers and acquisitions. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
Levi & Korsinsky, LLP
Joseph Levi, Esq.
Eduard Korsinsky, Esq.
30 Broad Street - 15th Floor
New York, NY 10004
Tel: [phone]
Toll Free: [phone]
Fax: [phone]
www.zlk.com

[deadia]

Antwort auf Beitrag Nr.: 42.313.892 von coolrunning am 07.11.11 17:39:46

Also laut meinem Bildschirm sind über 26.000.000 Aktien gehandelt worden!
Das sind über 37 % der verfügbaren Aktien.

[HeinzBork]

Was macht ihr?
Hängt Ihr euch an eine class action mit dran oder wartet ihr ab, ob noch ein weisser Ritter das Spielfeld betritt?

[ChrisHamburg01]

Zitat von HeinzBork: Was macht ihr?
Hängt Ihr euch an eine class action mit dran oder wartet ihr ab, ob noch ein weisser Ritter das Spielfeld betritt?

Ein Weißer Ritter wird wohl nicht gesucht, da beide Seiten den Deal wollten.

[Gexe006]

Antwort auf Beitrag Nr.: 42.314.360 von ChrisHamburg01 am 07.11.11 18:51:25

Ich warte erstmal ab, tiefer sollte der Sharepreis ja nicht mehr gehen

[coolrunning]

Ich warte ab.

Zu diesem Preis gebe ich sie freiwillig nicht ab.

Wir haben keine Eile....

Und wenn ein Rechtsstreit Aussicht auf Erfolg hat, dann bin ich dabei.

Bei diesen Aussichten wollte ich eigentlich erst bei 15 Euro verkaufen.

Denkt an die möglichen 400 Mio !
Denkt an die anderen Möglichkeiten, denn das weiß GD genau !

[HeinzBork]

Antwort auf Beitrag Nr.: 42.314.184 von HeinzBork am 07.11.11 18:20:25

Dann bin ich mal gespannt, wie GD an die Mehrheit der shares kommen will, wenn alle so denken.
Ich gebe auch nichts her, dafür bin ich zu lange drin.

[coolrunning]

The Almost Perfect Scam............. 7-Nov-11 11:57 am The artificial share price downtrend, partically put in play by our own CEO and London Group selling share, the stock itself being pounded down and control at much lower artificial levels, and now......just like magic
GD wants the company. GD and the BOD can now say that they are paying a premium of 30% plus of the 90 to 180 day average.

Let's diagram how insignificant the GD offer really is to FRPT shareholders. Here's a company that has $150 million plus in cash and no debt, a company with facility, a company which has made tremendous inroads to the positive order pipeline of Britain, Australia, and Canada (Now what is that worth?). A company with a large order backlog, a company will increasingly be supplying the global market.

GD's net purchase cost is $210 million. The almost perfect scam...............

[coolrunning]

A few thoughts

Firstly, let me say that yes, I agree shareholders are getting screwed here. I don’t in any way believe the company is valued in total consideration at what the buyout price is. GD would never buy this company for what it has to offer their bottom line as of today with regards to production contracts and ongoing ILS. They had to have had inside information given them by FPI or someone else to jump on the company right before several major upcoming awards are announced- one being the CLS2 award slated for the 15th of this month. That also brings into question how much the sp was pushed down by someone to deflate the amount of the offering. I don’t see any of the funds being overly joyous about this so I’m expecting some serious inquiries into the sale with legal actions to follow.

Screw the BOD’s opinion on whether or not it was a fair price or a good deal. They certainly have made out quite well by it. The only way this could be considered a fair price would be if the company already knew they lost the CLS2 award, the TAPV award was shaky, and Land 121 was going south somehow (or going to be significantly downsized or eliminated due to a re-invigorated JLTV push). Once again, if all these scenarios were true, the question still remains why would GD want them?

The CLS2 award would have been worth a couple of hundred million dollars a year split between all of the partners involved (who for whatever reasons still remain anonymous to us as management never elaborated on their corporate identities- huh?) This program would have been in place for a number of years and would have added baseline revenue into the future.

The TAPV contract was significant and FPI vehicles are already in use by the Canadian military. The Cougar has never lost in competition and is still considered the best of breed with regards to MRAP vehicles. Personally, I saw it as FPI’s to lose. Since the last thing I’ve seen about the award was this fall (the leaves are turning color around here these days), I guess that someone had word one way or another about the competition’s results.

Land 121 was looking good as the Ocelot is cutting edge in vehicle technology. GD will get the rights to production of the skateboard spine system along with the integrated pod technology. Was this even considered in the arrangement? What about the future revenues that would have been derived from the ongoing UK LPPV award that has only produced 50% of what the total order is expected to be? Did something change there as well? I guess future integration of the Ocelot into the UK vehicle inventory along with the additional pods for special operations forces and other applications isn’t to be considered by our management in determining a valuation here.

I won't even try to figure out how many more Buffalo's will be ordered by the US military, never mind everyone else around the world.


Don’t kid yourself here my friends. If FPI was slated to do well in these competitions, GD would have spent the time on having some actuaries crunch all the numbers to see what it would have meant in a sp increase now that would have caused them to shell out a whole lot more money, verses doing the deal immediately and dealing with any law suits that might follow knowing the time lag and revenue generated from the new contracts would offset any settlement; whereupon they could still make a profit and have all of FPI’s future to themselves at a bargain.



Ja, das kommt dem alles schon etwas näher....

[deadia]

Help with the math.... 7-Nov-11 09:29 pm
What am I missing here? The below is from today's 3rd quarter press release. Help explain how the price offered is even close to the true value of this stock?

"The Company ended the third quarter of 2011 with cash of $121.9 million, inventories of $115.3 million, and accounts payable of $97.0 million. In addition, accounts receivable was $115.7 million, including $41.6 million of earned but unbilled receivables.

During the first nine months of 2011, the Company used cash of $9.8 million for capital expenditures and $22.0 million for the repurchase of 5,335,013 shares of Company stock on the open market. This includes the repurchase of 4,419,694 shares of Company stock during the 2011 third quarter for $17.7 million."

Doing the math from the first paragraph, I come up with a total for cold hard equity, property and future income at $352M. This does not include future growth (Australia, Canada, UK and Program of Records).

Doing the math from the second paragraph, now this is interesting...the company spent $39M to buy roughly 9.8M share's which equates to an average price of $4.06...Did they know about GD interest/offer during the share buyback? The company (the board) made roughly $15M with this buyout....while most of us get to look forward to writing off our losses this coming tax year someone is going to have a nice Christmas.

I became too attached to this stock and will learn from this...I hope something good comes out of the 5+ law firm interest but then again part of me just hopes to get this over with to force me out of this nightmare.

Thanks for the chance to vent...

[coolrunning]

Kennt jemand von euch ein messageboard (außer IV und yahoo) wo man vielleicht ausgiebige Infos zum Procedere shareholderklage bekommt ?

Eins dürfte uns allen klar sein: Die Firma ist viel mehr wert und das BoD wird in irgendeiner Weise seine Weihnachtsgeschenke bekommen haben.
Sie haben also nicht im Sinne der Eigentümer gehandelt.

Oder kennt jemand von euch den Ablauf und die Möglichkeiten der weiteren Vorgehensweisen ?

Ist Brasiliero eigentlich noch hier - wenn auch nur als Leser ?

[coolrunning]

General Dynamics übernimmt Force Protection
Montag, 7. November 2011 13:45

Falls Church (aktiencheck.de AG) - Der amerikanische Rüstungskonzern General Dynamics Corp. (ISIN US3695501086/ WKN 851143) teilte am Montag mit, dass er die Force Protection Inc. (ISIN US3452032028/ WKN A0DQR7) für rund 360 Mio. US-Dollar übernehmen wird.

Im Rahmen der Transaktion erhalten Force Protection-Aktionäre 5,52 US-Dollar für jeden ihrer Anteilsscheine. Nach Abschluss der Akquisition wird Force Protection ein Teil der Sparte General Dynamics Land Systems sein, die Kampfpanzer vom Typ Abrams und Infanteriekampffahrzeuge vom Typ Stryker herstellt.

Das US-Unternehmen Force Protection, das rund 1.100 Mitarbeiter beschäftigt, entwickelt und produziert explosions- und schusssichere Produkte für die US-Streitkräfte und ihre Verbündeten. Zum Produktportfolio zählen u.a. die Spezialfahrzeuge Buffalo, Cougar und Ocelot.

Die Transaktion, die zum Jahresende 2011 abgeschlossen werden soll, wurde bereits von den Boards beider Unternehmen genehmigt und dürfte 2012 zum Ergebnis von General Dynamics beitragen, hieß es.

Die Aktie von General Dynamics schloss am Freitag an der NYSE bei 63,45 US-Dollar, die von Force Protection an der NASDAQ bei 4,21 US-Dollar. (07.11.2011/ac/n/a)

Quelle: Finanzen.net / Aktiencheck.de AG

[coolrunning]

Ich sehe den momentanen fairen Wert der Aktie bei ca. 7 - 8 Dollar.
Wenn irgendein Abschluss fix ist (sei es die angekündigt. 400 Mio oder ein Auftrag aus dem Ausland), dann mind. bei 10 - 13 Dollar.

Allein der Auftragsbestand und die Rücklagen.... ich darf garnicht dran denken, dann werde ich richtig sauer.

Und ich dachte Moody wäre anders als seine Vorgänger...

Naja, jeder ist sich selbst der Nächste....


Einmal hat FRPT schon gegen die Aktionäre verloren...

... sie werden ein zweites Mal das nachsehen haben.

[wohinistmeinGeld]

Ich hab es noch vor Augen, "Ich verkaufe nicht unter 40$"
Für mich war das damals schon unrealistisch, und als ihr vor 2,3 Jahren Übernahmen ins Gespräch brachtet war es mir damals schon ein Rätsel warum ihr darauf so scharf seit. Es war klar das damit dann niemand mehr mit Gewinn raus kommt der 2 stellige Kurse bezahlt hat.
Mit dem Übernamekurs hätte ich allerdings auch nicht gerechnet, ich hatte einen fairen Wert von 7 EUR angenommen, man was wurde ich damals nieder gemacht
Und jetzt wollt ihr klagen? Wogegen? Dummheit, Gier oder was?

WArum Brasi sich vor Jahren verabschiedet hat, hat er deutlich geschrieben, er kann euch auch nicht helfen.

[Gexe006]

CC Transcript

http://knobias.10kwizard.com/filing.php?param=&ipage=7891804…

[coolrunning]

I don’t think I can discuss that...

I don´t know....

Blablabla....

Hoffentlich kriegt der mal richtig einen Schuss vor den Bug

[coolrunning]

http://finance.yahoo.com/q/mh?s=FRPT+Major+Holders

[coolrunning]

http://seekingalpha.com/article/306485-general-dynamics-acqu…

[coolrunning]

Hallo an Alle,

einige Fragen:

Was passiert, wenn man seine shares nicht verkauft ?
Bleibt FRPT eigenständig - ich denke ja, oder ?

Ich kann mir nicht vorstellen, das die vielen gehandelten Mio gestern und vorgestern schon zu zwei bis 4 Cent unter Wert auch von GD aufgekauft worden sind. Wer hat gekauft - wer hat verkauft ?

Muss GD nicht eine Meldung machen, wenn bestimmte Prozentanteile ereicht sind ?

Ich verkaufe erst einmal nicht, denn man weiß ja, was man Ende des Jahres bekommen würde.
Wie geht ihr mit der Situation um ?

[Gexe006]

Antwort auf Beitrag Nr.: 42.326.362 von coolrunning am 09.11.11 16:45:18

Gute Frage

Wenn ich das richtig Verstanden müßte man 5,52$ Barabfindung nach Abschluß der Übernahme erhalten. Wie das jetzt genau von statten geht

Muß man die Aktien halten wenn man an einer Shareholderklage teilnimmt
Law Firmen stehen ja zur Zeit Schlange, was muß man denen zahlen wenn man an einer Klage teilnehmen möchte

Fragen über Fragen und es werden nicht weniger

[Camel69]

Antwort auf Beitrag Nr.: 42.326.908 von Gexe006 am 09.11.11 17:58:43

Hallo an alle,

ich habe die vier Firmen angeschrieben. Bisher hat nur Brodsky geantwortet. Zu den Kosten heißt es:

"Please be advised that you will not have to directly pay any monies. All costs and fees will be paid out of the additional monies we are able to obtain for the shareholders or will be paid by the defendants with court approval"

Also ich werde nicht verkaufen, da die $5,52 ja wohl sicher sind. Wenn ich das richtig sehe, werden die Aktien schlußendlich übernommen, wenn GD der Laden fast ganz gehört... alles etwas undurchsichtig... hatte mit so etwas auch noch nie zu tun...

Camel69

[HeinzBork]

Antwort auf Beitrag Nr.: 42.326.908 von Gexe006 am 09.11.11 17:58:43

An für sich ist die Barabfindung nur ein Angebot, keiner muss darauf eingehen. Ein Squeeze -out ist meines Wissens erst ab 90% möglich. Solange die Gesellschaft nicht von der Börse genommen wird, sind die Aktien handelbar.
Gibt es einen Squeeze, dann muss der Ausgleich angemessen sein, was wiederum höchstwahrscheinlich längere Gerichts- und oder Gutachterprozesse zur folge haben wird.
Ich kann mir beim besten Willen nicht vorstellen, daß die Angestellten der Firma unser Eigentum, ohne vorheriges Fragen so einfach verhökern können, nicht mal in den USA.
Ich denke, daß werden die Anwaltsfirmen, die sich jetzt darauf stürzen wohl zu unterbinden wissen.
Allerdings darf man sich nicht allzuviel davon erhoffen, denn diese Geier greifen sich dann auch immer eine große Portion vom Erlös.
Mals schauen wie es weitergeht, vielleicht ist GD ja gezwungen nachzubessern.

[wohinistmeinGeld]

Antwort auf Beitrag Nr.: 42.326.362 von coolrunning am 09.11.11 16:45:18

verkauft haben alle die noch gerettet haben was zu retten ist.

[wohinistmeinGeld]

Antwort auf Beitrag Nr.: 42.327.231 von HeinzBork am 09.11.11 19:06:47

ES gibt verschiedene Möglichkeiten. Wann was wie gehandhabt wird weiß ich nicht.

Solange die Gesellschaft nicht von der Börse genommen wird, sind die Aktien handelbar

Richtig, aber wer weiß ob sie die AG nicht einfach auflösen, dann hast du nichts mehr, ist mir schon mal passiert. Deshalb werde ich keine Aktien mehr einer Firma halten die übernommen wird.
Läuft Frpt als Tochterfirma weiter können auch die Aktien weiter laufen wie gehabt, so ähnlich wie es die Porsche Aktie noch gibt.

Es wird ein Kaufangebot kommen das man annehmen kann oder auch nicht.
Wenn man nicht annimmt und es kommt zu einem Squeeze -out wird es sicher kein gutes Geschäft. Ob es dann Bares gibt, oder ob die Aktien getauscht werden liegt im Ermessen des Übernehmenden. .

[kyron7htx]

Gilt nehme ich an nur für Deutschland?!

Der übernahmerechtliche Squeeze-out [Bearbeiten]

Der übernahmerechtliche Squeeze-out ist im Zuge der Umsetzung der sog. Übernahmeangebots-Richtlinie aus dem Jahr 2004 zum 14. Juli 2006 eingeführt worden. Es ist in den § 39a bis § 39c WpÜG (Wertpapiererwerbs- und Übernahmegesetz) geregelt. Die §§ 39a ff. WpÜG eröffnen dem Bieter eines vorangehenden öffentlichen Übernahmeverfahrens (hier gilt auch der Schwellenwert von 95 % mit der Maßgabe, dass es sich um stimmberechtigtes Grundkapital handeln muss) die Möglichkeit, im engen zeitlichen Zusammenhang mit dem Übernahme- (§§ 29 ff. WpÜG) oder Pflichtangebot (§§ 35 ff. WpÜG) die Übertragung der übrigen stimmberechtigten Aktien zu beantragen. Hält der Bieter zudem 95 % des Grundkapitals, kann er auch die Übertragung der übrigen Aktien beantragen. Der übernahmerechtliche Squeeze-out ist günstiger, schneller und einfacher als sein gesellschaftsrechtliches Pendant. Insbesondere bedarf es nicht der Durchführung einer Hauptversammlung, vielmehr erfolgt die Übertragung per Gerichtsbeschluss (erstinstanzlich ausschließlich zuständig ist das LG Frankfurt am Main). Entsprechende Aktionärsrechte (Anfechtung) sind daher ausgeschlossen. Ferner findet keine (zusätzliche) Unternehmensbewertung statt, sofern das Übernahme- oder Pflichtangebot von 90 % der Aktionäre angenommen wurde: in diesem Fall greift die Vermutung, dass die Abfindung aufgrund der Marktakzeptanz angemessen und eine weitere Bewertung entbehrlich ist; sollte die Annahmequote unter 90 % liegen, wird im Regelfall die Höhe der Abfindung durch eine Unternehmensbewertung zu erfolgen haben.

Hinsichtlich der Abfindung gibt es die folgende Besonderheit: Es ist dieselbe Art der Gegenleistung wie beim vorgehenden Angebot nach §§ 29 ff. oder §§ 35 ff. WpÜG, wahlweise Barabfindung anzubieten. Die Angemessenheit der Abfindung wird unwiderleglich vermutet, da sie bereits beim Übernahme- oder Pflichtangebot geprüft wurde, sofern im Rahmen des Übernahme- oder Pflichtangebots dem Mehrheitsaktionär 90 % der vom Angebot betroffenen Aktien angeboten wurden (dagegen werden verfassungsrechtliche Bedenken vorgebracht.[9]) Die Höhe der wahlweise zu gewährenden Barabfindung ist nach § 31 Abs. 2 Satz 1 WpÜG in Verbindung mit § 5 WpÜG-AngVO zu ermitteln. Dabei spielt bei börsennotierten Gesellschaften der gewichtete durchschnittliche Aktienkurs (der letzten drei Monate) eine überragende Rolle.

Die ersten durchgeführten Ausschlussverfahren gemäß § 39a, § 39b WpÜG haben noch nicht für hinreichende Klärung der noch vielen offenen Fragen zum übernahmerechtlichen Squeeze-Out geführt. Insbesondere hat das Landgericht Frankfurt am Main in seinem zweiten Beschluss gemäß § 39a, § 39b WpÜG die Angemessenheitsvermutung als widerleglich beurteilt.[10] Auch das Oberlandesgericht Frankfurt am Main als Beschwerdeinstanz hat in seinem ersten Beschluss zu dieser Frage[11] nicht abschließend über die Rechtsnatur der Vermutungsregelung des § 39a Abs. 3 Satz 3 WpÜG entschieden. Es hat die Frage der Widerleglichkeit der Vermutung bewusst offen gelassen, weil die von den Beschwerdeführern erhobenen Einwendungen ohnehin nicht substantiiert genug gewesen seien. Das Gericht hat aber entgegen einer häufigen Forderung von den Meinungsvertretern einer unwiderleglichen Vermutung abgelehnt, die Frage vom EuGH überprüfen zu lassen, weil es sich hierbei nicht um eine Frage des deutschen Rechts handele. Inzwischen liegt eine weitere obergerichtliche Rechtsprechung dazu vor, denn das Oberlandesgericht Stuttgart hat sich in seinem Beschluss vom 5. Mai 2009[12] geäußert, dass die Angemessenheitsvermutung als unwiderleglich zu verstehen sei. Im Übrigen ist diese Frage derzeit beim BVerfG anhängig, so dass in Zukunft mit einer endgültigen Klärung zu rechnen ist.

[kyron7htx]

Squeeze out unter anderem auch Vereinigte Staaten von Amerika

http://www.walderwyss.com/publications/560.pdf

[kyron7htx]

Home › Articles
Will M&A Start Doing The Two-Step?
Friday, December 1, 2006 - 00:00

Published Version Digital Version
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LawyerLinks, LLC

Neil McCarthy

Currently, most public company M&A deals are structured as a 'one-step merger' of the target company with the buyer or a shell subsidiary of the buyer. Shareholders must vote to approve these deals, which require the target company to solicit proxies using an SEC-cleared proxy statement. If the requisite shareholder approval is obtained, all the shareholders of the company receive the agreed-upon merger consideration when the merger closes, subject to statutory appraisal rights. The whole process typically takes three to four months.

'Two-step mergers' can have advantages over 'one-step mergers,' especially because they can often be completed more quickly. After the buyer and target negotiate their deal, the first step in a two-step merger is a cash tender offer (or an exchange offer, if the buyer is using its securities as some or all of the merger consideration). The buyer then publicly announces its offer to acquire target securities, subject to specified conditions. Target security holders can accept the offer by tendering their securities to the buyer. As part of this first-step, the buyer will routinely require that at least the minimum amount of voting securities be tendered to give the buyer voting control of the target. This makes the second step - a squeeze-out merger of the remaining target company shareholders - a fait accompli as the buyer already has voting control after the first step.

The SEC's tender offer rules require that the first-step offer be open for 20 business days. The Hart-Scott-Rodino Act, which applies to most public company M&A deals, requires notice and a waiting period of up to 30 days. Thus, two-step mergers can be closed in as little as a month if no other regulatory approvals are required.

By closing a deal in as little as a month, rather than the three to four months required for a one-step merger, all the principal constituencies to an M&A deal can benefit:

• Tendering shareholders get their merger consideration faster, rather than having to wait until the close of a one-step merger. Even the remaining minority shareholders who fail to tender get their merger consideration more quickly.

• There's a smaller window for adverse developments to upset the deal. Buyers fear competing offers; sellers fear 'material adverse changes.' Neither buyers nor sellers benefit from uncertainty.

• The buyer can assert control over the target company more quickly, an important factor in gaining the benefits of its deal.

SEC filings for a two-step merger are less voluminous, as the required SEC disclosures are focused more on the deal rather than on details about the buyer and target. Legal and out-of-pocket costs are typically less for two-step mergers.

So why have few M&A deals been done as two-step mergers?

The threat of class action lawsuits based on the SEC's 'Best Price Rule' is said to be the primary reason for why comparatively few deals are done as two-step mergers. The SEC has recently adopted rule changes, which should reduce and possibly eliminate this litigation risk. These rules become effective on December 8.

The Best Price Rule - which is Exchange Act Rule 14d-10 for third-party tender offers, and Exchange Act Rule 13e-4(f)(8)(ii) for issuer tender offers - was adopted by the SEC in 1986 to prevent perceived abuses from disparate financial treatment of tendering shareholders. The Best Price Rule requires bidders to pay any security holder the highest consideration paid to any other security holder in the tender offer.

More accurately, the rule used to say:

No bidder shall make a tender offer unless:The consideration paid to any security holder pursuant to the tender offer is the highest consideration paid to any other security holder during such tender offer . (Emphasis added.)

Several shareholder class actions have been brought under the Best Price Rule, claiming that amounts paid (by the bidder or by the target) to target executives under employment arrangements, or to other related parties in contemporaneous transactions, actually constituted additional payments for target company shares. Plaintiffs claimed that, in effect, the target executives or related parties were getting paid more for their shares than the public shareholders - violating the Best Price Rule.Thus, plaintiffs argued, all of the target company's public shareholders were entitled to the same aggregate per share payout. Suits made claims for substantial damages, sometimes a multiple of the deal's total value. These claims had substantial settlement value, if they survived early dismissal.

Courts have split over whether to extend application of the Best Price Rule to contemporaneous transactions, including changes to employment arrangements. The 'bright line test' adopted by some courts often led to early dismissal of claims. The 'integral part test' adopted by other courts often led to actions surviving, with later cash settlement.

The litigation risk over this uncertainty has been a disincentive to use of two-step mergers. Most of the deals that were targets of the class action lawsuits (maybe all) could have been structured as one-step mergers and avoided the issue entirely.

The SEC amended the Best Price Rule to address this. The 'basic standard' of the rule will now say:

No bidder shall make a tender offer unless:The consideration paid to any security holder for securities tendered in the tender offer is the highest consideration paid to any other security holder for securities tendered in the tender offer . (Emphasis added.)

The SEC also made additional changes to exempt employment compensation, severance or other employee benefit arrangements, subject to conditions about the nature of the payments. The SEC added a safe harbor to deem these conditions satisfied if the compensatory arrangements are approved by the compensation committee of the target (or the compensation committee of the bidder).

The SEC believes that the changes it made will remove undue litigation risk associated with use of two-step mergers and remove any regulatory disincentive to use of two-step mergers.

Will the recent SEC changes lead to more two-step mergers?

Law firms expect so, based on recent law firm client advisories. The SEC professes to be neutral on one-step versus two-step, but clearly expects its rule change to lead to more two-step mergers.

Cash tender offers are the easy case and present a compelling alternative to a one-step cash merger.

Exchange offers, using stock for some or all of the consideration, are also a compelling alternative to stock and part-stock one-step mergers. The SEC now permits exchange offers to commence on the day of filing of the initial registration statement. Prior practice required that the registration statement be first declared effective, which took weeks and vitiated any timing advantage to the two-step structure. The SEC has said that it will review such early commencement filings within a 20-business day timeframe, so that exchange offers can be executed on a similar timeline to all-cash tender offers.

Two-step mergers aren't always preferable. If a deal faces a lengthy regulatory approval process, the timing advantage to a two-step merger can disappear. When a deal has a long gestation, the buyer can prefer having a timing advantage over competing bidders from having its proxy statement already being on file with the SEC and a shareholder meeting date set.

Buyers who need to borrow to finance their deals will need to comply with the Federal Reserve Board's margin rules. This can present challenges to some buyers - including private equity funds - but can be addressed through structuring techniques.

How do two-step mergers work?

The principal agreement in a two-step merger is a negotiated merger agreement, just as in a one-step merger, but with different provisions to reflect the two-step process. The buyer must file a Schedule TO and exhibits with the SEC and make updating amendments. One of the filed exhibits is the 'Offer to Purchase,' which includes the conditions to the buyer's offer and specified disclosures about the deal. Another is the familiar tombstone ad announcing the tender offer. The target company must file a Schedule 14D-9 (to disclose its position on the offer) and make updating amendments. Unlike the case of a hostile offer, in its Schedule 14D-9 management of the target company will recommend that shareholders accept the buyer's offer. Disclosure items for Schedules TO and 14D-9 are set forth in the SEC's Regulation M-A, a special subset of Regulation S-K.

Unlike a one-step merger, the target company doesn't need to solicit proxies for shareholder approval of the deal. This avoids the need to hold a shareholders' meeting and to file a proxy statement with the SEC, and the ensuing delay.

Buyers will often want to acquire more than 90% of the target company's voting stock in the first-step tender offer, not just the minimum for voting control. This enables the buyer to complete the second step as a short-form merger under many state statutes including Delaware's. Many deals include a 'top-up option' whereby the target company can issue more stock to the buyer to clear the 90% threshold.

Neil McCarthy is Editor-in-Chief of LawyerLinks and has over 20 years of business experience as an investment banker and a business lawyer. He was a director in the investment banking department of Salomon Smith Barney and before that served as vice president in the financial institutions group of Bear Sterns & Co., Inc.

Mr. McCarthy was also a mergers and acquisitions lawyer with Skadden, Arps, Slate, Meagher and Flom in New York, and a business lawyer with Bingham, Dana & Gould in Boston and London. He also worked with colleague Eric Korb in 1998 as CFO of ComLinx, Inc.

McCarthy is a graduate of Harvard Law School and Bowdoin College.

Representative Two-Step Mergers

• Kos Pharma - Abbott Labs Pending

$3.7 billion cash acquisition of a biotech company

• Stellent - Oracle Pending

$440 million cash acquisition of a software company

• Myogen - Gilead Sciences Pending

$2.5 billion cash acquisition of a biotech company

• Mercury Interactive - Hewlett-Packard

$4.5 billion cash acquisition of a software company

• Sybron Dental - Danaher

$2 billion cash acquisition of a dental products company

• Georgia-Pacific - Koch Industries

$13.2 billion cash acquisition created largest U.S. private company

[coolrunning]

Soll die Firma, die 120 Mio Barguthaben an die Aktionäre verteilen - also fasst 2 Dollar/share - dann klagt evtl. keiner mehr.

[coolrunning]

"fast" - nicht fasst ! Mann, Mann....

[coolrunning]

Hier mal wieder einige interessante Dinge:

http://www.scefiling.org/calendar/Latest_21c.pdf

TPL gegen "Chet" Brown


Chet brown = Green arrays
http://www.greenarraychips.com/home/about/bios.html

Greenarrays = Chuck Moore

Chcuk Moore = MMP-Portfolio = PTSC

[coolrunning]

Sorry - gehört in das PTSC-Forum

[coolrunning]

aus IV

mervalot,
What you say is 100% true. Keep in mind though that if the value really does exist in FPI for well over $5.52/share, then another defense contractor could provide a higher hostile bid, going directly to the FPI shareholders.

Keep in mind that FPI's products are more competitive than complementary to GD. After all, GD has invested big dollars in competing for the Land121 and TAPV competitions which FPI is also competing in. If they really believed their product offerings were better, then why would they need to acquire FPI? Either they are in essence saying that they believe FPI will likely win at least one of these competitions, and/or they are saying that the enhanced visibility from the $185M Buffalo contract, $675M funded backlog and future sustainment by itself will justify the $5.52/share price they are offering.

Also, we found out from the Force Dynamics JV that GD was not a good partner with FPI, and chances are there would not be good synergies from a GD/FPI merger.

It looks to me like a defense company with large pockets, who doesn't directly compete with FPI, could recognize greater synergies from merging with FPI. Perhaps an LMT or Boeing would be interested?

I believe GD is trying to purchase FRPT shares in the open market, ahead of sending tender offer notices to FPI shareholders. By 12/31/11, they'll see whether they hold a controlling interest. If they hold over 50% then an FPI shareholder vote wouldn't prevent the takeover. If they hold at least 35%, then chances are they'll still be able to coax at least another 15% to vote YES for the merger. Since FPI mgmt only holds about 1% of FPI, it will likely come down to the institutions who hold around 70%.

What I'm nervous about is that they could offer more money to the larger institutions, under the table, to get their assent for the merger. This of course is illegal but I'm sure it's done on a regular basis.

At any rate I'm continuing to hold FPI and hope others will too.

[Gexe006]

10 November 2011
Consolidation begins—on General Dynamics' Proposed Purchase of Force Protection
I had been asked several times in the press over the past few weeks about the mooted merger between Oshkosh and Navistar, an idea seemingly brought up simply because Carl Icahn now owns something close to ten percent of each company. OK, Carl doesn’t buy companies to run them for the long term, so it’s easy enough to imagine his intent. But each time, when asked what I thought of the merger, I had to admit that it wasn’t the first deal that I would have expected. I could think of a few others, including almost anything involving Force Protection, I would say, if the company wasn’t so fiercely independent.

Not eternally, it seems. General Dynamics Land Systems and Force Protection announced earlier this week that GDLS would be buying the smaller firm for $360 million, or $5.52 per share—about 31 percent above its recent price on the market. That’s a considerable premium, but I’ve already heard some grousing in both directions—that the price wasn’t high enough, and that FP just isn’t a good acquisition for GD. Since I generally don’t comment publicly on transaction prices, at least not without a lot of analysis, I will simply strive to explain why I think that this deal makes sense in principle.

As I’ve commented previously, in this column and in the press and to clients, the military vehicle business is shrinking quickly. When the commandant of the USMC notes that he has 40,000 vehicles, but only needs 30,000, there’s not a lot of room for new programs. That’s before the force structure cuts that we all know are coming, which will also damped enthusiasm for remanufacturing of old vehicles. And yet, there are at least eleven industrial enterprises in the US alone involved with either manufacturing or remanufacturing military vehicles: Oshkosh, Navistar, Daimler (Freightliner), GDLS, FP, BAE Systems, AM General, Textron Land Systems, the Red River Army Depot, the Marine Corps Logistics Base at Albany (Georgia), and MCLB Barstow. It’s pretty inconceivable that all these entities will be left standing after the full extent of the projected declines in spending are felt. After all, in the 2005 Base Realignment and Closure (BRAC) process, the Army itself nominated Red River for closure, and only the BRAC Commission’s hesitation about closing a repair facility during wartime saved it.

So we know that consolidation is coming, that factories will be closed, and that jobs will be shed. The current costs, admittedly, are concentrated amongst those who did yeoman service building vehicles to protect the troops in two wars, but the benefits, if diffuse, will accrue to taxpayers who can reallocate those resources to more efficient future use. For those in the business, this can happen suddenly, in financial distress, or it can happen in an orderly fashion, with plenty of time to sort the assets into their most efficient groupings. GD and FP are choosing the latter path.

All that said, while it was an open secret that plenty of firms had discussed buying FP, the company wasn’t ostensibly being shopped around. GD’s bid was said to have been unsolicited. So why FP specifically? There are at least two reasons.

First, FP has a large installed base of vehicles with relatively loyal customers around the world. The US Marines and the British Army in particular are quite fond of its vehicles, and its Buffalos, the heaviest MRAPs available, are now not just movie icons, but a program of record with the US Army. It’s hardly always the case that the original equipment manufacturer (OEM) captures the future upgrade work on its own vehicles, but the OEM always has a built-in advantage. Even if the government own the technical data package (TDP), there is tacit knowledge in the company, well beyond what’s in the TDP, about how those vehicles work. If the right people in the workforce are retained through the inevitable downsizing, they will form a sustainable competitive advantage in that market.

Second, FP has important technologies, some patented, some simply trade secrets, that bolster the robustness in combat of its products. With this acquisition, preferential access to FP’s armoring products and survivability concepts will accrue to GDLS’s vehicles. This is a bit more than the canard about sticking Navistar engines in Oshkosh trucks, as some Wall Street analysts ventured to the press last month (mostly when grasping at straws to try to sound smart). Engines are relatively modular products that are bought and sold on the open market. Navistar might make sense as a directed subcontractor for Oshkosh’s vehicles, but Catepillar seems to mostly have that role, at the Army’s insistence, and that’s the end of that story. About armoring solutions, military customers are much more flexible, simply because they know what they don’t know. FP’s armor is reasonably modular, in the sense of technology architectures, but the know-how for improving survivability is much more integral and sensitive. There are several companies in the business that are very good at this, but GD is buying one with differential, valuable intellectual assets.

It’s also important to note what this deal is and is not. In this month’s National Defense, Sandra Erwin takes the merger “as further proof that the defense sector increasingly will become vertically integrated as large companies swallow their financially weaker competitors.” The industry will become more concentrated, yes, but not necessarily more vertically integrated. The second explanation above is a matter of vertical integration, but the first is a matter of horizontal integration. Sandra does, however, have an excellent point about the truck business per se. Force Protection was a case study in my book Arms and Innovation: Entrepreneurship and Alliances in the Twenty-First-Century Defense Industry (University of Chicago Press, 2008). Therein, I wrote a bit about this issue, concluding that in the middle of the last decade, the company faced a great market with some great capabilities, but had a tight window for success. In the long run, the large-scale economics of truck production would come to favor larger firms, and FP would have trouble competing on that basis. With this deal, management is concluding that the best deal for shareholders is that 31 percent premium right now.


Posted at 08:57 | Permalink
Comments
I don't believe that any of the shareholders are upset about the alliance between FP and GD. In fact I believe that it will be a net positive for the military.
The question is one of fiduciary duty to the shareholders of FP. $125 million in cash, NO DEBT, $115 Million in inventory, 700+ million in backlogs, and absolutely stellar chance to land contracts in Canada and Australia. A great chance for the UK to increase it's fleet of "Foxhounds". Many years of sustaining and upgrading the vehicles. Not to mention, there will be more conflict in the world, only question is when. (I pray this is not so, I have a son in the military, but one must be realistic) This downsizing can change in an instant as it did in 2001, 1965, 1941, 1nd 1917.
I am not an analyst, but I see no less than $7 per share.
I also do not like the deceitful silence surrounding the sale. I believe, if it smells bad, looks bad, it probably is.
Lawyers will be the only ones to make out on this deal, two years from now the company, whoever it is, will be ordered by the court to pay a small settlement to shareholders and all this could be handled now. What ever happened to the honest man that is as good as his handshake.

Posted by: Tom Gwin | 10 November 2011 at 14:19

http://www.jameshasik.com/weblog/2011/11/consolidation-begin…

[coolrunning]

Force Protection, Inc. (NASDAQ: FRPT) Facing Tough Questions Regarding Sale of Company to General Dynamics Corporation (NYSE: GD)

Posted on November 7, 2011 by Editor

Given the positive outlook provided by Force Protection, Inc. (NASDAQ: FRPT) for the remainder of the year there have been some shareholders who have expressed a negative opinion concerning the company’s decision to move forward with the $360 million sale to General Dynamics Corporation (NYSE: GD), a sale that is expected to close by the end of 2011. While news of the sale sent shares climbing more than 30% on Monday to a high of 5.55, a level they haven’t seen in more than six months, the concern among shareholders is the sale price has undervalued their investment.

It’s hard to argue with those concerns especially when looking at FRPT Chairman and CEO Michael Moody’s comments following the release of the company’s third quarter results in which he stated:

“We continue to expect the second half of 2011 will be much stronger than the first six months of the year, including a fourth quarter that should be the most substantial of the year. We also look forward to near-term customer decisions on a number of substantial programs that could benefit our financial results beginning in 2012. This includes a potential second tranche of vehicle orders under the United Kingdom’s LPPV program, a contract for service and sustainment of the U.S. Army’s fleet of route clearance and MRAP vehicles, Canada’s requirement for vehicles and long-term service as part of its TAPV program, and Australia’s Land 121 Phase 4 and REDFIN vehicle programs. Success in one or more of these business development pursuits will provide increased visibility to long-term revenue for the Company, as well as move us further away from urgent operational funding.”

Those comments would lead one to believe that FRPT would be in the driver’s seat as it pertains to the sale of the company yet the terms of the deal with GD work out to $5.52 for each share which is actually below the 52-week high of 6.00 set on January 10, 2011 and significantly less than the $8.00 price target set by some analysts.

Of course the sale is now being investigated by a number of law firms which are looking into “possible breaches of fiduciary duty and other violations of state law” on the part of FRPT’s Board of Directors, essentially investigating the possibility that the company failed to adequately search for the best deal possible.

While there is certainly some negativity surrounding the actual sale price there are definitely some shareholders who will find the deal favorable as the $5.52 figure is well above the 50-day moving average of 3.90 as well as the 200-day moving average of 4.56. For those who managed to build a position when shares of FRPT were trading at their 52-week low of 3.27 back in August there is a substantial gain to be made but the question remains, are they leaving money on the table?

On one hand there are those who think that FRPT, which produces blast and ballistic-protected vehicles designed to protect soldiers against landmines, hostile fire and IEDs in reconnaissance and urban operations, is selling at the right time given the expected withdrawal of American troops in several areas that they currently occupy. Obviously such a withdrawal could hamper sales for the company yet, as pointed out by Joseph Maxa of Dougherty & Co. LLC, “Force Protection does have some long-term visibility over the next couple of years, its Buffalo vehicle sales are stable through 2014, and there will be service contracts for its Cougar vehicles in the field now that will need refurbishment.” In addition, FRPT is busy producing next-generation mine-resistant ambush-protected vehicles for the UK and there is a potential deal with Australia for 1,300 vehicles that is valued at more than $1.4 billion.

There is no denying that FRPT has fallen on difficult times since 2007 when shares were trading above the 28.00 mark and while they sunk to a level just above 1.00 for a period the current sale price may not adequately account for the company’s current and potential growth in international sales.

As pointed out by Moody the company returned to profitability during their third quarter after a “challenging first half of 2011,” profitability that was anchored by “the delivery of 56 vehicles and continued modernization and spares and sustainment revenue.” Moody supported his belief that the remainder of 2011 would produce even better results due to the fact they had $652 million of funded backlog at the end of the third quarter “with a significant portion associated with fourth quarter deliveries of a number of modernization programs for the U.S. Marines’ Cougar fleet, continued shipments of Buffalos to the U.S. Army, and initial deliveries of Foxhounds to the United Kingdom. We are also seeing the benefits of our expense containment efforts and related initiatives designed to increase the flexibility of our cost structure.”

Of course it’s impossible to ignore the fact that FRPT has been going through tough times, having experienced a significant workforce reduction earlier this year the nine months ending September 30, 2011 resulted in an operating loss of $17.1 million compared to operating income of $7.5 million in the prior year period and their reported net sales of $377.2 million was significantly less than the $448.3 million for the nine months ended September 30, 2010. This is all to say that there is no guarantee that FRPT would see their share price exceed the $5.52 offered by General Dynamics but that’s not to say that the company couldn’t have found a better offer.

[coolrunning]

You and Nicky are both correct in questioning the $122M in cash, but it is more than that. Coincident with a timeframe for putting this deal together Moody announces a share buyback of $20M. They used our money to buy shares which will now be essentially a vote for the merger with no cost to GD. Bought and paid for with our money.


Da hat er verdammt recht.
Die benutzen unser Geld um Aktien zurückzukaufen und diese dann als Stimmen gegen uns einzusetzen.
Da werden die die Rechtsanwälte drauf stürzen.

[coolrunning]

Form 8 k

http://idc.api.edgar-online.com/efx_dll/edgarpro.dll?FetchFi…

[coolrunning]

MarketWire ·
The Law Firm of Levi & Korsinsky, LLP Notifies Investors of Claims of Breaches of Fiduciary Duty by the Board of Force Protection, Inc. in Connection With the Sale of the Company to General Dynamics Corporation
NEW YORK, NY -- (Marketwire) -- 11/15/11 -- Levi & Korsinsky notifies investors of Force Protection, Inc. ("Force Protection" or the "Company") (NASDAQ: FRPT) of claims of breaches of fiduciary duty and other violations of state law against the board of directors of the Company in connection with the sale of the Company to General Dynamics Corporation (NYSE: GD). Under the terms of the transaction, Force Protection shareholders will receive $5.52 for each share of Force Protection stock they own. The transaction has a total approximate value of $360 million. A complaint was filed in Nevada state court.

Click here to learn how to join the action: http://zlk.9nl.com/force-protection, or call: 877-363-5972.

The claims concern whether the Force Protection Board of Directors breached their fiduciary duties to Force Protection stockholders by failing to adequately shop the Company before entering into this transaction and whether General Dynamics Corporation is underpaying for Force Protection shares, thus unlawfully harming Force Protection stockholders. In particular, at least one analyst set a price target of $8.00 per Force Protection share and Force Protection stock traded as high as $5.73 per share as recently as February 2011.

If you own common stock in Force Protection and wish to obtain additional information, please contact Joseph E. Levi, Esq. either via email at [e-mail] or by telephone at [phone], toll-free: [phone], or http://www.zlk.com/force-protection-frpt.html.

Levi & Korsinsky is a national firm with offices in New York, California and Washington D.C. The firm has extensive expertise in prosecuting investor securities litigation involving financial fraud and represents investors throughout the nation, concentrating its practice in securities and shareholder litigation. The attorneys at Levi & Korsinsky have been appointed by numerous courts throughout the country to serve as lead counsel on behalf of shareholders in major litigations involving mergers and acquisitions. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
Levi & Korsinsky, LLP
Joseph Levi, Esq.
Eduard Korsinsky, Esq.
30 Broad Street - 15th Floor
New York, NY 10004
Tel: [phone]
Toll Free: [phone]
Fax: [phone]
www.zlk.com

[Gexe006]

Sollte es noch von Interesse sein

Marmen Signs MoU with Force Protection Industries
16:07 GMT, November 17, 2011 Marmen Inc. of Trois-Rivières, Québec, today announced it has signed a Memorandum of Understanding (MoU) with Force Protection Industries, Inc. as of August 30, 2011 to provide manufacturing and machining services for the Timberwolf, a safe, reliable and technically-advanced Tactical Armoured Patrol Vehicle (TAPV) specifically designed for the Canadian Forces.

The Canadian Government previously selected Force Protection Industries, Inc. as one of the qualified companies to provide up to 600 wheeled combat vehicles and related long term support services. The Department of National Defence (DND) expects to award a contract to the final selected bidder in 2012.

In signing the MoU, Marmen has joined Team Timberwolf, led by Force Protection Industries and CAE. CAE would have overall responsibility for the comprehensive in-service support (ISS) solution. Team Timberwolf is also composed of Canadian Tier 1 subcontractors Lockheed Martin Corporation, Elbit Systems Land and C4I (ESLC) and Malley Industries.

“We are very pleased to be part of Team Timberwolf,” said Patrick Pellerin, President of Marmen. “As an organization and as individuals, we take great pride in knowing that Marmen’s expertise and know-how can contribute to the safety of our Canadian troops.”

“Marmen was selected for the Timberwolf project based on the unmatched quality of its manufacturing and machining services, and we expect them to play a pivotal role in making what we think is the optimal vehicle for the Canadian Forces,” said Randy Hutcherson, Chief of Business Development of Force Protection. “In assembling Team Timberwolf, we have put together a dynamic group of Canadian companies with complementary capabilities that can deliver a low-risk, cost-effective, long-term TAPV solution to Canada.”

“Winning this project will allow Marmen to diversify and grow, yet we also expect the benefits of this project to extend beyond our own organization,” added Mr. Pellerin. “In addition to creating approximately 100 jobs at Marmen, the positive economic impact will certainly be felt throughout our region.”

http://www.defpro.com/news/details/29942/

[coolrunning]

Die Anwälte wird es sicher interessieren


Hier noch etwas:

Ricardo plc Interim Management Statement
Issue date: 17 November 2011

Ricardo plc (‘Ricardo’ or ‘the Company’) – a market leading engineering and automotive consultancy, is today providing an Interim Management Statement in respect of the period 1 July to the date of this release. Ricardo will announce its results for the six month period ending 31 December 2011 on 29 February 2012.

Order intake for the four months to the end of October was 16% higher than the same period last year. Notable orders in the period included transmission work from Japan, engine design for commercial vehicles from Germany, power generation work for India and passenger car work from a Malaysian client. The Asia market remains particularly active, UK and Germany solid, however the US market remains noticeably quiet in comparison.

Revenue was also up 8% on the same period last year. The order book at the end of October was strong at £111m compared to £101m this time last year and the pipeline continues to hold a good mix of work.

Our Technical Consulting business, which has benefitted from a strong mix of orders, continues to be very busy particularly in the UK. However, the US division has had a more difficult start to the year with progress slowing, Germany continues to progress.

The market conditions remain challenging for Strategic Consulting as clients reduce their discretionary spending. Investments we have made to take advantage of potential growth in the business have not yet yielded results as a consequence.

Our Performance Products business has now shipped over 500 supercar engines as volumes ramp up and delivery has commenced for the Foxhound/Ocelot vehicles.
We continue to carefully manage both costs and cash and maintain a strong balance sheet.

Dave Shemmans CEO commented: “We are encouraged to see that revenue, order intake and order book are all tracking ahead of the same period last year. We see a mixed level of activity globally, with Asian markets buoyant and North America less so. We continue to see traditional clients returning as well as welcoming new clients from across the world from a wide range of sectors. We continue to be busy and our balance sheet remains strong. We remain confident of our progress for the full year.”


Further enquiries:
Ricardo plc
Dave Shemmans, Chief Executive
Paula Bell, Group Finance Director
Tel: [phone]

Kreab Gavin Anderson
Fergus Wylie
Michael Turner
Tel: [phone]

[Gexe006]

Antwort auf Beitrag Nr.: 42.368.365 von coolrunning am 18.11.11 10:53:57

Force Protection Industries, Inc., Ladson, S.C., is being awarded a $6,653,664 firm-fixed-priced modification under previously awarded contract (M67854-07-D-5031) for the procurement of 18 field service representatives in support of the Mine Resistant Ambush Protected Vehicle Program. Work will be performed in Afghanistan, and is expected to be completed Nov. 30, 2012. The fiscal 2012 Operations and Maintenance Marine Corps funds will expire at the end of the current fiscal year. Marine Corps Systems Command, Quantico, Va., is the contracting activity.

http://www.defense.gov/contracts/contract.aspx?contractid=46…

[coolrunning]

Was ich nicht verstehe: Warum verkauft jemand seine shares für 5,48 $

... wenn er in ein paar Wochen 5,52 $ bekommt



Zinsvorsprung, wenn das Geld bis dahin besser arbeitet ??? Naja...



























































4

[kyron7htx]

Bekommt jemand noch 5,52$ wenn die Aktie nicht mehr handelbarist?!. Ich meinte gelesen zu haben die Aktie wird wertlos oder es gibt eine Bargeldabfindung die GD bestimmt?!

[coolrunning]

http://www.dailyfinance.com/2011/11/17/this-defense-contract…



Mathis und Moody haben Kohle gemacht ...

http://ir.forceprotection.net/phoenix.zhtml?c=114807&p=irol-…

[coolrunning]

Ich habe heute das Abfindungsangebot 5,52 Dollar von meiner Bank bekommen.
Ich gehe davon aus, das das amerikanische Recht ähnlich dem deutschen ist.
In Deuschtland sind es 95 % zum skweeze out und in den USA wohl 90 %.
Jedenfalls gilt das Angebot nur bei Annahme von 90 % des Gesamtkapitals.

Ich hoffe und glaube nicht, das die 90 % zusammen bekommen.
Wenn es aber genug Idioten gibt, dann werden wir auch keinen Cent weniger bekommen, als man kann ruhig warten, was passiert.

Wenn die 90 % nicht zusammen kommen, dann werden sie sowieso nachbessern, davon bin ich überzeugt.

[Hufeland]

Force Protection sale opposed
From the yhoo: It's gonna be tight!!

http://www.thestate.com/2011/12/02/2065988/force-protection-…

Force Protection sale opposed

By JOHN P. MCDERMOTT - The (Charleston) Post and Courier

CHARLESTON — The contested sale of Force Protection Inc. could be determined by a Nevada judge this month, just one day before the $360 million buyout offer expires.

Announced less than a month ago, the deal to sell Summerville-based maker of armored military vehicles has triggered 17 separate investor lawsuits around the country, including three in Charleston. All argue that General Dynamics Corp.’s purchase offer of $5.52 a share is inadequate.

But time is quickly slipping away, as Circuit Court Judge Markley Dennis pointed out during an hour-long hearing Thursday in downtown Charleston.

General Dynamics has set Dec. 16 as the deadline for its bid, giving Force Protection shareholders who are against the sale just 12 days to delay the transaction so they can argue their cases, probably as a single class-action complaint.

“Things are in motion, and we all know that.” Dennis said.

For now, the battleground has shifted to Nevada, where Force Protection was incorporated and where at least five shareholder complaints seeking to block the sale are being consolidated into one. On Dec. 15, the day before the General Dynamics offer expires, Clark County District Judge Elizabeth Gonzalez is to hear arguments about whether she should put the deal on hold by issuing a temporary restraining order.

Charleston attorney J. Rutledge Young III, who represents Force Protection shareholder Joseph Coniglione, had planned to ask for an injunction on behalf of all of the South Carolina plaintiffs Thursday. He withdrew his request, saying he needed to gather more evidence. Young said he plans to refile the restraining order request in Charleston before the matter is taken up in Nevada.

The three investors who brought the Charleston complaints had their cases rolled into a single lawsuit Thursday.

Also, they also scored a victory when Dennis denied Force Protection attorney Robert Thornton’s request to idle their lawsuits for 60 days. Lawyers for the shareholders objected, saying the sale could be finalized by then.

Also, Dennis said he would allow the South Carolina plaintiffs to participate in the discovery process for the Nevada cases. That means their lawyers can sit in on depositions, including one scheduled for Force Protection chief executive officer Michael Moody on Sunday.

Dennis dismissed the vehicle maker’s argument that it would be too burdensome to let more attorneys take part in the pre-trial fact-finding process.

“Good lawyers find a way to deal with that,” Dennis said.

A former Rhodesian Special Air Service officer founded Force Protection in the 1990s on the former Navy base.

The company ballooned from a $10 million business with 200 workers in 2004 to a $1.3 billion industry with 2,000 employees just three years later, but not without growing pains that left lasting financial strains on some who invested in it.

The company this year agreed to a $24 million settlement on another shareholder lawsuit from 2008 alleging that former top executives, who had made tens of millions of dollars in stock trades before resigning, failed to warn them about vehicle delays or a flawed accounting system.

Separate lawsuits remain active that allege wrongdoing by board members and a resulting loss of $23 million to $63 million to insider trading.

Read more: http://www.thestate.com/2011/12/02/2065988/force-protection-…#ixzz1fbYZ4opO

[coolrunning]

http://seekingalpha.com/article/311755-hard-drives-floods-mo…

The timing of the sell-off in the shares of WDC was almost perfect - if irrational - we had just unloaded huge positions in Force Protection (FRPT) even though we felt General Dynamic's (GD)’s tender offer was too low. The way we saw it, our investors would just have to live with the 39.2% annualized return (47.6% better than the S & P 500) on the shares of FRPT we had just gotten them. Now sitting on a ton of investors' capital because of the highly concentrated position in FRPT and the related return, we had a very good idea about where to put at least part of it.

We didn’t mind dumping the FRPT shares at only $5.52, although we understood there was a good chance the 17 or so shareholder lawsuits which would ultimately amass may well force GD to offer a price which more accurately reflected the correct appraisal of the company. The correct appraisal was published in several Amvona articles during 2011, and so amongst the other phone calls we were receiving that morning, we were also hearing from securities lawyers (who had read the Amvona articles) about the FRPT sale.

[Gexe006]

schlechte news

Thales wins potential $1.5 billion Hawkei PMV-L bid

Thales wins potential $1.5 billion Hawkei PMV-L bid
Monday, 12 December 2011


Thales have won a potential $1.5 billion bid to provide the Australian Defence force for at least 900 and up to 1,300 light fully armour protected vehicles (PMV-L’s), Bendigo Federal MP Steve Gibbons, said today.

Mr Gibbons said today’s announcement was part of a comprehensive statement on a range of Defence procurements by Defence Minister Stephen Smith and Defence Materiel Minister Jason Clare.

He said Thales Hawkei prototypes had easily won the vigorous test trials over two overseas designed vehicles.

”Thales will now receive substantial financial assistance from the Commonwealth to progress to the contract negotiation phase of the program”.

“Subject to contract negotiations and successful construction and development of up to six prototype variants, final Government approval for the program is expected in 2015 with full production to commence in early 2016”.

“Thales Bendigo will also receive Commonwealth financial assistance to further upgrade the blast protection levels on the highly successful Bushmaster vehicles already deployed or to be deployed in Afghanistan”.

“These announcements are sensational news for the people who will crew these vehicles in some of the most dangerous places on earth”, Mr Gibbons said.

“It’s also sensational news for Thales, for jobs, the Bendigo economy and for the many small to medium enterprises throughout Eastern Australia that manufacture components for Thales vehicles”.

Mr Gibbons said personally, it was a particularly satisfying result after almost three years to the day, of hard work.

“I was informed by senior defence officials at a Canberra private briefing on April 23 2009 that we had virtually no chance of pulling this off”.

“They were insisting on an overseas manufactured “off the shelf” product and heavily favoured and recommended the United States Joint Light tactical vehicle (JLTV) program”.

“The then Labor Defence Minister accepted the Department’s advice and allocated funding to participate in the US JLTV development program but left the door slightly open for Australian manufacturers to provide expressions of interest”.

“I think it’s fair to say we blew that door off its hinges”.

“I don’t think there has been a time when I’ve been more proud to be part of this Labor Government”.

“There is no doubt winning this bid dramatically increases the potential for a permanent future for Thales in Bendigo”.

Mr Gibbons said it was an outstanding and probably unprecedented achievement by Thales in Australian defence manufacturing history.

“Starting with a blank sheet of paper Thales have designed, constructed and fully tested prototype vehicles that have now won a major and extremely difficult contract bid in just three short years”.

“This is an outstanding achievement and probably unprecedented not only in Australian defence manufacturing but throughout the rest of the world”.

“ I think the Australian Defence Department officials are slowly realising that Thales is much much more than just a tin shed in Bendigo with a couple of blokes with a welder”.

Mr Gibbons said the Federal Government was aware of the gap in production between the conclusion of the current Bushmaster Protected Mobility Vehicle program and the commencement of the new Hawkei production program.

“The Federal Government and Thales are currently working through options to cover this gap as the Government is keen to ensure Thales maintains the critical skills level in Bendigo in order to be fully prepared for the Hawkei production program”.

“I was disappointed Thales was unsuccessful in winning the Bushmaster Ute light truck bid under Land 121 Phase 3”.

“This contract, for a lower number of vehicles will go to European manufacturer M.A.N. However, Thales has won the main prize with the Hawkei bid potentially worth $1.5 billion under Land 121 Phase 4”.

“To put this into perspective, this potential $1.5 billion contract is more than twice the size of Bendigo’s new hospital contract”.

>>>> there is more at the link, but you get the idea.

http://www.investorvillage.com/smbd.asp?mb=132&mn=177147&pt=…

[Gexe006]

zum Ausgleich ein kleinerer Contract

Force Protection Industries, Inc., Ladson, S.C., is being awarded an $88,860,348 firm-fixed-price modification under previously awarded contract (M67854-07-D-5031) for a 12-month renewal of 240 field service representatives to install liner blanket kits, install modernization safety kits, and conduct general maintenance work on the Cougar Mine Resistant Ambush Protected vehicle fleet supporting Operation Enduring Freedom. Work will be performed in the theater of operations throughout Afghanistan, and is expected to be completed December 31, 2012. Contract funds will expire at the end of the current fiscal year. Marine Corps Systems Command, Quantico, Va., is the contracting activity.


http://www.defense.gov/contracts/contract.aspx?contractid=46…

[wohinistmeinGeld]

Antwort auf Beitrag Nr.: 42.470.747 von Gexe006 am 12.12.11 23:19:26

wieso interessiert euch das noch? Der Kurs steht fest, mehr gibts nicht und wenn sie noch 100 Aufträge bekommen.

[coolrunning]

Antwort auf Beitrag Nr.: 42.470.854 von wohinistmeinGeld am 13.12.11 00:12:03

Da bin ich und auch andere Aktionäre aber ganz anderer Meinung.

Aber wenn du das Angebot angenommen hast, dann ist es ja für dich erledigt.

[kyron7htx]

wohinistmeinGeld
schrieb am 13.12.11 00:12:03

Wenn es Dich nicht mehr interessiert, wieso hinterläßt Du in diesem Thread noch Kommentare!?

Ich kann mich da nur coolrunnig anschließen. Es könnte noch ein Nachbesserungsangebot kommen, oder anderes. Keiner hat hier eine Kristallkugel.
Und den einen oder anderen Dollar/Euro mehr bei anständiger Stückzahl können schon ein paar hunderttausend ausmachen. Wieviel und ob kann keiner sagen. Auch eine Blockung ist nicht entschieden, da keiner weiß ob GD die angestrebte Zahl an Aktien schon besitzt oder noch nicht. Es bleibt interessant meine ich. Die Hoffnung stirbt zuletzt.

[wohinistmeinGeld]

Zitat von coolrunning: Da bin ich und auch andere Aktionäre aber ganz anderer Meinung.

Aber wenn du das Angebot angenommen hast, dann ist es ja für dich erledigt.

Ich denke du kannst dich erinnern dass ich bei 13$ meine letzten St. verkauft habe und dass ich damals schon von deinem "ich verkaufe nicht unter 40$" nichts gehalten habe.

Ansonsten wäre es mir neu dass man nicht in einem Thread sein darf wenn man nicht investiert ist. Ich lösche keine Aktie die ich mal hatte aus den Favoriten, man will schließlich wissen ob eine Verkaufsentscheidung richtig oder falsch war.

[kyron7htx]

Force Protection Industries, Inc., Ladson, S.C., is being awarded a $61,569,512 firm-fixed-price modification under previously awarded contract (M67854-07-D-5031) for a 12-month renewal of 177 field service representatives (FSR) to install independent suspension systems; conduct battle damage assessment and repair; install block modification kits; and perform maintenance to bring vehicles back to full mission capable status on the Cougar Mine Resistant Ambush Protected (MRAP) vehicle fleet. The modification also provides for FSR sponsorship, lodging, vehicle, bus, and heavy equipment rentals. All work will be performed at the MRAP sustainment facility in Kuwait, and is expected to be completed Dec. 31, 2012. The fiscal 2012 Operations and Maintenance Marine Corps funds in the amount of $61,569,512 will expire at the end of the current fiscal year. Marine Corps Systems Command, Quantico, Va., is the contracting activity.

150 Millionen $ in einer Woche. Bin gespannt.

[Gexe006]

FALLS CHURCH, Va. , Dec. 19, 2011 /PRNewswire/ -- General Dynamics (NYSE: GD - News) today announced the successful completion of its tender offer to purchase all of the outstanding shares of common stock of Force Protection, Inc. (NASDAQ: FRPT - News), for a price of $5.52 per share in cash. The offer and withdrawal rights expired, as scheduled, on Friday, December 16, 2011. The tender offer was launched on November 18 , following the announcement on November 7 that General Dynamics and Force Protection had reached agreement on the terms of a merger agreement. The acquisition of Force Protection is expected to be accretive to General Dynamics' earnings in 2012.

As of December 16 , approximately 51.7 million shares of Force Protection common stock, including approximately 3.7 million shares subject to guaranteed delivery procedures, were validly tendered and not withdrawn in the offer. That amount represents approximately 81.7 percent of the outstanding shares of Force Protection common stock. General Dynamics accepted for payment the shares through its wholly-owned subsidiary, Falcon Acquisition Corp. General Dynamics will now exercise a "top up" option, as described in the Offer to Purchase, which will result in General Dynamics owning at least 90% of the outstanding shares of Force Protection. Once the top-up option is exercised, General Dynamics intends to complete a "short form" merger under Nevada law.

Force Protection will become a wholly owned subsidiary of General Dynamics as a result of the merger and will become part of General Dynamics Land Systems.

In the merger, each remaining share of Force Protection common stock that was not validly tendered in the tender offer, other than shares owned by General Dynamics or Force Protection, will be cancelled and converted into the right to receive the same $5.52 per share in cash that was paid in the tender offer.


Once the merger is completed, General Dynamics intends to cause all shares of Force Protection common stock to be delisted from the NASDAQ Capital Market, and Force Protection will no longer have reporting obligations under the Securities Exchange Act of 1934, as amended.

More information about General Dynamics is available at www.generaldynamics.com.

Notice to Investors

This press release is for informational purposes only and is not a recommendation, an offer to purchase or a solicitation of an offer to sell shares of Force Protection stock. Falcon Acquisition Corp., a wholly-owned subsidiary of General Dynamics, has filed a tender offer statement and related exhibits with the SEC and Force Protection has filed a solicitation/recommendation statement with respect to the tender offer. Investors and stockholders of Force Protection are strongly advised to read the tender offer statement (including the related exhibits) and the solicitation/recommendation statement, as well as any amendments thereto and other relevant documents filed with the SEC, when they become available, because they will contain important information that stockholders should consider before making any decision regarding tendering their shares. The tender offer statement (including the related exhibits), the solicitation/recommendation statement and other documents (when available) filed with the SEC are available at no charge on the SEC's website at www.sec.gov. In addition, the tender offer statement and other documents (when available) filed by the wholly-owned subsidiary of General Dynamics with the SEC are available to all stockholders of Force Protection free of charge at www.generaldynamics.com. The solicitation/recommendation statement and the other documents (when available) filed by Force Protection with the SEC are available to all stockholders of Force Protection free of charge at www.forceprotection.net.

Certain statements made in this press release, including any statements as to future results of operations and financial projections, may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, as amended. Statements herein regarding the proposed transaction between General Dynamics and Force Protection, the expected timetable for completing the transaction, the potential benefits of the transaction, and any other statements about management's future expectations, beliefs, goals, plans or prospects also constitute forward-looking statements. Forward-looking statements are based on management's expectations, estimates, projections and assumptions. These statements are not guarantees of future performance and involve certain risks and uncertainties, which are difficult to predict. Therefore, actual future results and trends may differ materially from what is forecast in forward-looking statements due to a variety of factors. Additional information regarding these factors is contained in each company's filings with the Securities and Exchange Commission, including, without limitation, its Annual Report on Form 10-K and its Quarterly Reports on Form 10-Q.

All forward-looking statements speak only as of the date they were made. General Dynamics and Force Protection do not undertake any obligation to update or publicly release any revisions to any forward-looking statements to reflect events, circumstances or changes in expectations after the date of this press release.

http://finance.yahoo.com/news/General-Dynamics-Completes-prn…

[KMST]

sieht aus als wäre das ding hier gegessen...

[carpediem2]

Also die bieten 5,52$ an ,man muss verkaufen fertig keine andere Möglichkeit..... Was ist da morgen. Gestern ein kurzes up auf 5,55 und fertig........ wird jetzt nicht mehr gehandelt oder was???
Kann mir da mal jemand auf die Sprünge helfen.

[Gexe006]

Antwort auf Beitrag Nr.: 42.505.800 von carpediem2 am 20.12.11 22:20:19

Tja so wie es bei Yahoo ausschaut gibt es kein Tickersymbol FRPT mehr, wird wohl nicht mehr gehandelt an der NASDAQ.
Da bleibt wohl nur abzuwarten und hoffen das der Wechselkurs noch ein paar Promille bringt.
Ich muß allerdings gestehen das ich vor Kurzem raus bin, da sich mir eine berufliche Fortbildung eröffnet hat und ich etwas Geld brauchte.

Dann sag ich mal Goodby FORCE, nun werden wir auch von den CEO's nicht mehr verarscht

[kyron7htx]

UK to buy 100 more Force Protection vehicles

LONDON | Thu Dec 22, 2011 10:44am EST

Dec 22 (Reuters) - Britain will buy about 100 more light-armoured Foxhound patrol vehicles from U.S. defence firm Force Protection Inc for use in Afghanistan, the Ministry of Defence said on Thursday.

The purchase is part of a drive to better protect British forces from roadside bombs planted by Taliban insurgents that have claimed many of the nearly 400 British soldiers killed in Afghanistan since 2001.

The Ministry of Defence did not give a value for the order, saying the deal was subject to final contractual negotiations with Force Protection's European arm.

U.S. defence contractor General Dynamics Corp said in November it would buy Force Protection Inc for $360 million.

The Ministry of Defence said the order was part of a 400 million pound ($626.56 million) package to better protect British soldiers in Afghanistan, including more than 200 million pounds to be spent on technology to counter roadside bombs.

The order will bring to around 300 the number of Foxhound vehicles available to the 9,500-strong British force in Afghanistan.

Britain signed a 180 million pound contract in November 2010 to buy 200 Foxhounds. The first vehicles under that contract are due to be delivered for military training over the next month.

The vehicle has a V-shaped underside to dissipate blasts. It can be driven on only three wheels and has an engine that can be replaced in 30 minutes.

Foxhound is designed, developed and built in Britain by Force Protection Europe and engineering and automotive consultancy Ricardo, the Ministry of Defence said.

[Hufeland]

Hallo,

wie geht es für die, die noch Aktien haben weiter? In den meisten Fällen müssen die ihre Aktien zum Übernahmeangebotspreis abnehmen.
Sehe ich das richtig?
Oder besteht noch die Möglichkeit, daß GD nachbessern muß.

Hufe

[KMST]

Antwort auf Beitrag Nr.: 42.515.456 von Hufeland am 22.12.11 19:19:39

GD muss nicht nachbessern...kannst nur noch am wechselkurs was verdienen der aber um die 1,30 schon ganz ok ist.

[wohinistmeinGeld]

Zitat von carpediem2: Also die bieten 5,52$ an ,man muss verkaufen fertig keine andere Möglichkeit..... Was ist da morgen. Gestern ein kurzes up auf 5,55 und fertig........ wird jetzt nicht mehr gehandelt oder was???
Kann mir da mal jemand auf die Sprünge helfen.

Man muß nicht verkaufen, die Aktien werden aus dem Depot gelöscht, das Geld gut geschrieben und fertig.

Da habt ihr noch Glück gehabt. Das geht so nur weil sie als 100% Tochter aufgenommen und weiter geführt werden. Die hätten auch einfach auflösen können, dann hätte es gar nichts mehr gegeben.

Wer die Umsätze seit der Bekanntgabe der Übernahme beobachtet hat, dem war klar dass alle raus werfen was es zu werfen gibt um noch wenigstens ein wenig zu retten.
Nur so ein paar ganz Hartnäckige, um nicht zu sagen Naive, die nicht unter 40$ verkaufen wollten, zu Zeiten als ich schon sagte über 7$ wäre hoffnungslos überbewertet, haben gehalten. Und dann noch klagen wollen wogegen auch immer

[Hufeland]

Antwort auf Beitrag Nr.: 42.516.246 von wohinistmeinGeld am 22.12.11 22:48:28

Man muß nicht verkaufen, die Aktien werden aus dem Depot gelöscht, das Geld gut geschrieben und fertig.

Da habt ihr noch Glück gehabt. Das geht so nur weil sie als 100% Tochter aufgenommen und weiter geführt werden. Die hätten auch einfach auflösen können, dann hätte es gar nichts mehr gegeben.

Wenn du so fit im us-aktienrecht bist dann nenn mir doch bitte mal die entsprechenden gesetzlichen Grundlagen, aufgrund dessen GD die Rechte der verbliebenen Aktionäre mißachten und sie einfach enteignen kann, denn das wäre das Szenario, daß du gerade beschrieben hast.

Ansonsten ist das was du gerade geschrieben hast reine Dampfplauderei ohne Sinn.
Noch sind etwa 13 Mio. Aktien nicht in den Händen von GD, da werden auch noch ein paar große Fonds sein. Ob die sich so abspeisen lassen, dann hätten sie ja auch das Übernahmeangebot annehmen können.

Bitte informiere mich über die entsprechenden gesetzlichen Grundlagen ansonsten fordere ich dich auf, hier nicht mehr zu schreiben.

Ich glaube, du bist ein richtig schadenfroher Zeitgenosse der mit seinem Leben nicht zufrieden ist.

[wohinistmeinGeld]

Antwort auf Beitrag Nr.: 42.516.288 von Hufeland am 22.12.11 23:07:52

Ich glaube, du bist ein richtig schadenfroher Zeitgenosse

Richtig, aber nur bei solchen Typen wie euch, die einen beschimpfen und als ahnungslosen Deppen hin stellen wenn man bei 20 $ sagt es wird, wegen Überbewertung, Zeit zu verkaufen.
Für allen anderen tut es mir Leid und wünschte sie hätten auf mich und andere Warner gehört. Ihr habt ja nicht mal auf euren Guru Brasi gehört.

Und zu deinem Aktienrecht, die Arbeit mache ich mir wegen euch ganz sicher nicht, das raus zu suchen.
Ich habe beide Versionen von Übernahmen schon erlebt und weiß deshalb wie es gehen kann.
Das läuft alles automatisch ab, da muß man nichts tun, man hätte nur vorher rechtzeitig verkaufen können, aber das werdet ihr Anfänger auch noch lernen wenn ihr ein paar Jahre am Markt seit.

Es muß nicht eine der beiden Versionen sein, es können die Aktien auch umgewandelt werden, dann hat man ohne das man irgendwas tun muß die Aktien des Übernehmenden im Depot, das ist aber hier nicht der Fall.

Für euch ist der Zug abgefahren, verständlich also dass ihr euch noch an irgendeinen Strohhalm klammert. Wogegen ihr allerdings klagen wollt, oder wofür, ist mir ein Rätsel. Eien Klage wegen Dummheit oder Gier wird sicher nicht durchkommen und was gibt es sonst noch?

[carpediem2]

Hallo, ja ein Anfänger bin ich bestimmt und bleibe es wohl auch die nächsten 10Jahre und mit Aktienrecht kenn ich mich nur sehr wenig aus.....trotzdem erstmal danke für Eure Infos, verstehe so langsam etwas mehr.
Bei VW hat soein übernahmeversuch jedoch vor 1-2 Jahren zu einem Kursanstieg von über 1000€ je Aktie geführt.
Habe heute mal versucht einen Teil zu verkaufen.... doch ich kriege wohl auch nur meine von GD festgelegten 5,52.
Mit meinem Stimmrecht von 0,01%kann ich mich wohl gegen diese Übernahme wehren,bzw.nicht zustimmen.
Kann ja von dem Erlös GD-Aktien kaufen.....so wäre da wahrscheinlich die Rechtssprechung????
Also Zeit byebye zu sagen ...vielleicht liest man sich ja in irgentwelchen anderen Threads mal wieder

[wohinistmeinGeld]

Antwort auf Beitrag Nr.: 42.527.727 von carpediem2 am 28.12.11 21:39:17

du hast heute verkauft, wie hast du das gemacht, die Aktie gibt es doch nicht mehr und ist damit auch nicht mehr handelbar

[VirtualNormann]

Mein Broker hat meine Aktien schon aus dem Depot genommen und das Geld ist auch schon da.

[carpediem2]

Antwort auf Beitrag Nr.: 42.528.125 von wohinistmeinGeld am 29.12.11 00:06:49

Ich hatte versucht zu verkaufen...mit den US-Aktien die auch dort gekauft wurde konnte ich eine Order erstellen ...kurz darauf kam ein Anruf meiner Depotbank.
Heute sind die Aktien ausgebucht, ein Guthaben wurde eingebucht.Ende

[wohinistmeinGeld]

Antwort auf Beitrag Nr.: 42.529.712 von carpediem2 am 29.12.11 13:55:40

ja, das ist dann das was ich meinte, dass alles automatisch abläuft

[microby]

die Ära frpt ist mit der Bargeldeinbuchung beendet, beieindruckende Performance!
Start als Penny OTC und dann ging die Post ab bis über 30$, alles in allem eine tolle Geschichte mit enormen Möglichkeiten Geld zu verdienen, wenn man mal alles Negative hinsichtlich der Kriegsgerätschaft ausblendet.

Die Tipp Empfehler und auch Kritiker hatten in den letzten Jahren doch eine ganz gute Nase!

Habt Ihr schon den nächsten OTC Kickstarter im Blick? Wo seht Ihr ein Zukunftsunternehmen?

Gruß