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Non-Tech : FRPT - Force Protection, Inc.
FRPT 64.11+3.5%Jan 9 9:30 AM EST

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From: Tadsamillionaire9/21/2007 2:39:54 PM
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Force Protection (FRPT - ) fans have high hopes for the next stage in the government's armored-vehicle procurement effort.
Billions of dollars will be at stake in a program now widely called MRAP II. The big-budget sequel to the Mine-Resistant Ambush-Protected vehicle program funds the purchase of vehicles that can protect U.S. soldiers deployed overseas from threats like mines and bombs.

Force Protection landed a big role in the original MRAP program. But with the curtain set to rise on MRAP II, Force Protection may be forced to share the spotlight with deep-pocketed rivals including Navistar

Ladson, S.C.-based Force Protection believes it is up to the task, but some observers suspect the result will be even more pressure on Force Protection's once-highflying stock.

"Even as talk of pulling out of Iraq grows louder, the military has been recruiting other, bigger contractors to help with production," The Wall Street Journal noted earlier this month. "The big companies are diversified builders of everything from ships and Gulfstream jets to dump trucks, while tiny Force Protection largely owes its existence to building MRAPs for the U.S. military's campaign in Iraq. .
thestreet.com
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