Force Protection Awarded $43.7 M for Service and Support

(Ladson, SC., May 27, 2008) -- Force Protection, Inc. (NASDAQ:FRPT - News) today announced that its wholly owned subsidiary, Force Protection Industries, Inc. has received two contract modification orders for the service and support of its Mine Resistant Ambush Protected Vehicles from the Marine Corps Systems Command, Quantico, Virginia. Work under the two orders, which together total $43.7 million, is expected to be completed by October of 2009. These orders bring the total service and support orders received during 2008 to approximately $180 million.

Michael Moody, Chief Executive Officer of Force Protection, commented, "We are very pleased to have received these new orders, which we believe demonstrate confidence in our ability to provide sustainability to the MRAP Cougar fleets. Additionally, these contract modifications give us additional visibility into fiscal 2009. This visibility enables us to better service our customer and to plan our business to deliver the appropriate level of profitability. We continue to be pleased with the support shown to our company and our life-saving products by the United States Marine Corps."

Source : Force Protection Inc.

Recent News from Force Protection Inc.

• Force Protection Receives New Service and Support Orders [Defence] [ Mon 11 Aug 2008 ]
• Force Protection Rolls Out 1st Ridgback Vehicles for UK MoD [Defence] [ Wed 6 Aug 2008 ]
• French Military Orders Buffalo Vehicles from Force Protection [Defence] [ Fri 25 Jul 2008 ]
• Force Protection Receives New Service and Support Orders [Defence] [ Wed 9 Jul 2008 ]
• Force Protection Marks Delivery of 200th Buffalo Vehicle [Defence] [ Fri 6 Jun 2008 ]
• Force Protection Awarded $43.7 M for Service and Support [Defence] [ Mon 2 Jun 2008 ]
• Force Protection Receives $94 M for Cougar Vehicles [Defence] [ Mon 5 May 2008 ]