Force Protection Receives $19.6 Million Award for Additional Field Service Support
June 28, 2010
Installation of ISS Kits on Cougar Fleet Continues in Kuwait
LADSON, SC – June 25, 2010 – Force Protection, Inc. (NASDAQ: FRPT), a leading designer, developer and manufacturer of survivability solutions and provider of total life cycle support for those products, today announced it has received a modification to contract M67854-07-D-5031 from the United States Marine Corps Systems Command for additional field service support. The $19.6 million firm fixed-price contract modification provides for 216 field service representatives and associated support for continued installation of Independent Suspension System (“ISS”) kits on the Cougar Mine Resistant Ambush Protected (“MRAP”) vehicle fleet at the MRAP Sustainment Facility in Kuwait. Work is scheduled to begin on July 1, 2010 and be completed by September 30, 2010.
Randy Hutcherson, Chief Operating Officer of Force Protection, commented, “Given the austere environment in Afghanistan, the installation of ISS kits on the Cougar has proven to be a critical addition to the vehicle’s capabilities. Combined with unsurpassed levels of survivability and sustainability, we are proud to provide a highly-sought solution for our troops in harm’s way. Optimal vehicle suspension is just one component of the Marine Corps’ ongoing and comprehensive program to enhance its Cougar fleet, and we are continuing our leading role in this important initiative.”
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). 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.
