Force Protection Industries, Inc., a Force Protection Inc. (NASDAQ: FRPT), group company, today announced that it has received contract M67854-11-C-5063 from the United States Marine Corps Systems Command with an approximate value of $46.6 million. The award is a Foreign Military Sale (FMS) for 40 Program of Record (POR) Buffalo Mine Protected Clearance Vehicles (MPCV). All work under this contract will be performed in Ladson, SC and is expected to be completed by September 30, 2011.
Randy Hutcherson, Chief Operating Officer for Force Protection Industries, Inc., said, "The demand for Buffalo continues to be solid due to its effectiveness as the premier route clearance vehicle available today. Buffalos have saved untold numbers of lives over the last several years in combat operations in Iraq and Afghanistan. We are extremely proud to provide these vehicles to conduct the critical work of clearing the way for coalition troops in harm's way."
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