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Force Protection Receives $19.9 Million Field Service Awards

Submitted by: John Warner on Aug 03, 2010 at 10:14 am Tagged with: Mobility Source: Force Protection

Work Extended in Afghanistan, Kuwait and U.S. Locations

LADSON, S.C.--(BUSINESS WIRE)--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, today announced that it has received firm fixed price modifications to existing contract M67854-07-C-5031 with a total value of approximately $19.9 million for continuing field service support work in Afghanistan, Kuwait and the continental United States. All work under these modifications is expected to be complete in August, 2011.

Randy Hutcherson, Chief Operating Officer for Force Protection Industries, Inc., said, “These awards allow us to continue the important upgrade and sustainment work on the installed Cougar fleet in the Middle East. The vehicle’s capabilities are significantly enhanced for the harsh conditions in Afghanistan through the completion of this work.”

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.