Freshpet Inc (FRPT)

[kphone2004]

Contract News $125-200M (1) year delivery

NAVY

Force Protection Industries, Inc., Ladson, S.C., is being awarded a $125,000,000 letter contract for 100 Joint EOD Rapid Response Vehicles (JERRV) and 44 Buffalo vehicles with associated manuals, deployment kits, field representative support and training. Vehicles will be deployed to and supported in Iraq. This contract contains options, which if exercised, would bring the total estimated contract value to $200,000,000. The maximum ordering quantity will be 200 JERRV vehicles and 82 Buffalo vehicles. Work will be performed in Ladson, S.C., and is expected to be completed by November 2007 and their support will continue up to a year after fielding. Contract funds will not expire by the end of the current fiscal year. This contract is a sole source award to Force Protection Industries, Inc., based on an urgent and compelling need for the Government. The Marine Corps Systems Command, Quantico, Va., is the contracting activity (M67854-07D-5006).