Force Protection gets $376M contract |
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Published
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Mon, 22 Oct 2007 14:21
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LADSON, S.C. (AP) - Armored vehicle maker Force Protection Inc. said Monday it received a contract valued at $376 million to build 800 vehicles for the Marine Corps' Mine Resistant Ambush Protected vehicle program.The order for the four- and six-wheel Cougar model vehicles is scheduled to be completed in April. They will be built by Force Dynamics LLC, a joint venture between Force Protection and a division of General Dynamics Corp.Force Protection Chief Operating Officer Raymond Pollard said the order was second biggest in the company's 10-year history.Force Protection shares rose 23 cents to $20.20 in premarket trading.Copyright 2007 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
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Force Dynamics ahead of mfg schedule 