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[Mick1968]

Force Protection Receives $74 Million ILS Contract From U.S. Marine Corps


2008-01-17 08:00 ET - News Release


Company Website: http://www.forceprotection.net
LADSON, S.C. -- (Business Wire)

Force Protection, Inc. (NASDAQ:FRPT) today announced that it has received through its wholly owned subsidiary, Force Protection Industries, Inc., a $74,130,482 million contract for integrated logistics support (ILS) on the Company’s Cougar MRAP Category I and Category II vehicles.

“Force Protection recognizes the importance of supporting the vehicles’ performance in the field,” said Force Protection Industries’ Vice President for Integrated Logistics Support, Phillip Owens. “The Company’s ILS business segment has kept pace with the rush to field these life-saving vehicles. This contract is indicative of our continued efforts to ensure troops have the vehicles in service and to provide them the maximum protection possible.”

Force Protection Industries’ ILS division focuses on the maintenance and replacement parts support of the Company’s Cougar and Buffalo armored vehicles deployed in Iraq and Afghanistan. The vehicles have been delivered to the U.S. government in record numbers in the past year.

The Company’s Cougar and Buffalo vehicles have been regarded as the gold standard in troop safety since their initial deployment in 2003. They have withstood more than 3,000 blast attacks while being used by explosive ordnance disposal, route clearance, and other first response units.

About Force Protection, Inc.

Force Protection, Inc. was the first to respond to the urgent need to bring lifesaving mine-resistant ambush protected vehicles to U.S. troops in combat. The Company is a leading American manufacturer of ballistic- and blast-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, the Cougar and the Buffalo, each have a proven track record where it matters most - in the battlefield. The Company’s newest vehicle, the Cheetah, is designed specifically for reconnaissance, forward command and control, and urban operations, and combines state-of-the-art ballistic and blast protection with the mobility of a unique light-armored vehicle. These specialty vehicles, which the Company believes are in the forefront of blast-resistant technology, are designed to protect their occupants from landmines, hostile fire, and improvised explosive devices (IEDs, commonly referred to as roadside bombs). The Company is one of the primary providers of vehicles for the U.S. military’s Mine Resistant Ambush Protected, or MRAP, vehicle program. For more information on Force Protection and its vehicles, visit www.forceprotection.net.

This press release contains forward-looking statements that involve risks and uncertainties. The Company generally uses words such as “believe,”“may,”“could,”“will,”“intend,”“expect,”“anticipate,”“plan,” and similar expressions to identify forward-looking statements. You should not place undue reliance on these forward-looking statements. Actual results could differ materially from those anticipated in the forward-looking statements for many reasons, including the risks described in the Company’s Form 10-K and other reports filed with the Securities and Exchange Commission. Although management believes the expectations reflected in the forward-looking statements are reasonable, they relate only to events as of the date on which the statements are made, and the Company’s future results, levels of activity, performance or achievements may not meet these expectations. The Company does not intend to update any of the forward-looking statements after the date of this document to conform these statements to actual results or to changes in expectations, except as required by law.


Contacts:

Force Protection, Inc.
Media Contact
Jeff Child, 202-737-5339


Source: Force Protection, Inc.

[Mick1968]

Also los wieder rauf richtung ATH.

Kam von 23 $ auf 3,50 $

Reichlich Potential

[Mick1968]

Kraft-Schutz Empfängt $74 Million Ils Den Vertrag VEREINIGTE STAATEN Vom Marinekorps 2008-01-17 08:00 UND - Nachrichten Freigabe Firma-Web site: http://www.forceprotection.net LADSON, S.C. -- (Geschäft Leitung) Force Protection, Inc. (NASDAQ:FRPT) heute verkündet, daß sie durch seine insgesamt besessene Tochtergesellschaft, Force Protection Industries, Inc., ein Vertrag $74.130.482 Million für integrierte Logistikunterstützung (Ils) auf den Kategorie I und Kategorie II der Firma des Cougar-MRAP Trägern empfangen hat. "Kraft-Schutz erkennt den Wert des Stützens der Leistung der Träger in auffangen,", sagte Vizepräsidenten der Kraft-Schutz-Industrien für integrierte Logistik-Unterstützung, Phillip Owens. "der Geschäftsbereich Ils der Firma hat Schritt mit den Anstürmen gehalten, um diese life-saving Träger aufzufangen. Dieser Vertrag ist hinweisend von unseren anhaltenden Bemühungen, Truppen sicherzustellen haben die Träger im Service und den maximalen möglichen Schutz zur Verfügung zu stellen ihnen." Zwingen Sie Foki Abteilung Ils der Schutz-Industrien auf der Wartung und Ersatzteilunterstützung der gepanzerten Träger des Cougar und des Büffels der Firma, die im Irak und in Afghanistan entfaltet werden. Die Träger sind an die VEREINIGTE STAATEN Regierung in den Rekordzahlen im letzten Jahr geliefert worden. Die Cougar- und Büffelträger der Firma sind als die Goldaktie in der Truppesicherheit seit ihrer Ausgangsentwicklung 2003 angesehen worden. Sie haben mehr als 3.000 Knallangriffen beim durch explosive Artilleriebeseitigung, Wegabstand und andere erste Wartemaßeinheiten verwendet werden widerstanden.