More Cougar Mastiffs on the Way to UK Forces from Force Protection
Wednesday November 19, 8:45 am ET
LADSON, S.C.--(BUSINESS WIRE)--Force Protection, Inc. (NASDAQ: FRPT - News) today announced that it has received a modification under contract M67854-06-C-5162 from Marine Corps Systems Command for the delivery of 24 additional Cougar Mastiffs to the United Kingdom Ministry of Defence. The undefinitized contract modification carries a dollar value not to exceed $15 million and includes vehicles and spare parts. The vehicles are scheduled for delivery in 2009.
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Michael Moody, Chairman and Chief Executive Officer of Force Protection, said, “We are very appreciative of this order for additional vehicles for the United Kingdom. The Mastiff has performed extraordinarily well for the British Army in support of its missions in the extremely rugged environment of Afghanistan. Our vehicles continue to be the most survivable, sustainable vehicles on the battlefield and we are delighted that we have the opportunity to continue to strengthen our partnership with the United Kingdom Ministry of Defence. The Mastiff has proven to be a life saver. Soon the Ridgback and Buffalo will join Mastiff in Afghanistan to provide excellent service to British Soldiers in harms way.”
About Force Protection, Inc.
Force Protection, Inc. is a leading American designer, developer and manufacturer of survivability solutions, predominantly 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, the Buffalo and the Cheetah, are designed specifically for reconnaissance, forward command and control, 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 is the developer and manufacturer of ForceArmor™ an armor package providing superior protection against explosively formed projectiles (EFPs) now available for a wide range of tactical-wheeled vehicles. The Company is one of the original developers and 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.
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