Force Protection Industries, Inc., a wholly owned subsidiary of FORCE PROTECTION, INC. (NASDAQ: FRPT), announced today the formation of Team Timberwolf on the eve of CANSEC, Canada's foremost defence and security technology showcase. Team Timberwolf is comprised of Force Protection Survivability Solutions Canada, CAE, Elbit Systems and Lockheed Martin Canada to compete for the Canadian Forces Tactical Armoured Patrol Vehicle (TAPV) project.
Team Timberwolf will offer a complete vehicle system and comprehensive in-service support solution. The vehicle is based on the battle proven Cougar vehicle with independent suspension, integrated C4ISR and dual remote weapons systems. Team Timberwolf will debut at CANSEC 2011 to be held June 1-2 at the Lansdowne Park in Ottawa.
Randy Hutcherson, Chief Operating Officer of Force Protection, said, "Team Timberwolf was formed to give Canadian Forces the best and most complete system offering available on the market today in terms of survivability, situational awareness, fighting capability and reparability. We are pleased that CAE, Elbit Systems and Lockheed Martin Canada are part of the team offering Canada the best solution for the TAPV project. The Industrial and Regional Benefits (IRB) developed through the growing Canadian team will be a direct benefit to Canadian companies in the regions responsible for delivering components for Team Timberwolf."
Force Protection Industries, Inc. previously announced that it has been selected by the Canadian Government as one of the competitor companies qualified to provide up to 600 wheeled combat vehicles and related long term support services. The Canadian Department of National Defence (DND) expects to award a contract to the final selected bidder by early 2012. Force Protection also previously announced that it has entered into teaming agreements with CAE, Elbit Systems and Lockheed Martin Canada for the TAPV project.
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