Force Protection Receives $14.5 Million Award for Field Service Support
August 22, 2010
Continued Sustainment in Afghanistan
LADSON, SC – August 19, 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, 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.”
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.
