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Strategies & Market Trends : Value Investing

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From: Tadsamillionaire5/17/2005 8:08:03 AM
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Force Protection, Inc. Wins $45 Million Contract For Armored Vehicles Bound for Iraq
Monday May 16, 9:20 am ET
Cougar Troop Carriers Are Blast-Protected

LADSON, S.C.--(BUSINESS WIRE)--May 16, 2005--The U.S. Department of Defense has awarded Force Protection, Inc. (OTCBB:FRPT - News) a procurement contract for approximately 120 mine-protected Cougar Joint Explosive Ordnance Disposal (EOD) Rapid Response Vehicles to be used in Iraq and Afghanistan. The first delivery order under the contract was announced today for 71 vehicles at an amount not to exceed $45.7 million. The first vehicles are expected to reach the field by early fall 2005.
biz.yahoo.com
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