Force Dynamics, LLC Breaks Production Records in December
Wednesday January 2, 9:24 am ET
LADSON, S.C.--(BUSINESS WIRE)--Force Protection, Inc. (NASDAQ:FRPT - News) and General Dynamics Land Systems (NYSE:GD - News) – through their joint venture Force Dynamics, LLC – today announced that they continued to break monthly vehicle production records in December.
ADVERTISEMENT
Through the Force Dynamics joint venture, the companies produced 343 Mine Resistant Ambush Protected (MRAP) Category I and Category II vehicles. Force Protection alone also produced seven Category III Buffalo vehicles in December, one more than the six deliveries called for in its sole-sourced MRAP contract, and thereby set a new Force Protection record with 350 total vehicle deliveries. Force Dynamics finished 2007 with 56 vehicles ahead of schedule on all MRAP Category I and II delivery commitments. In addition, Force Protection ended the year with three vehicles ahead of schedule on its sole-sourced Category III Buffalo contracts.
“The strength of the Force Dynamics enterprise was again evident in December, which was a shortened production month due to the holidays,” said Force Protection Chief Operating Officer Raymond Pollard.
“During this past year, we’ve made good on our word to exponentially ramp up production of our life saving vehicles in response to the urgent requests of our customers. Our paramount objective has always been to meet the needs of the warfigher. We feel gratified to note the role our technology has made in establishing a safer, more secure environment for our armed forces in Iraq and Afghanistan, but also realize that there is much work left to do around the world. Force Protection is committed to continuing its record-breaking production performance in to 2008.”
The Pentagon has ordered more than 3,000 Cougar and Buffalo vehicles from Force Protection in support of MRAP requirements. To date, the Force Dynamics enterprise has delivered more than 1,360 Cougar MRAP vehicles, the largest number of deliveries of any MRAP manufacturer
