Monday, April 23, 2007


Muddy alerted FRPT earlier today in chat and lookie what we have here announced today at 5:00 pm:



Force Protection Industries, Inc.,* Ladson, S.C., is being awarded $481,414,500 for firm-fixed-priced delivery order (#0003) under a previously awarded contract (M67854-07-D-5031) for additional Mine Resistant Ambush Protected (MRAP) Low Rate Initial Production (LRIP) vehicles. The Government shall purchase 300 Category I Vehicles and 700 Category II Vehicles, for a total of 1,000 vehicles. Work will be performed in Ladson, S.C., and work is expected to be completed by May 2008. Contract funds will not expire by the end of the current fiscal year. This contract was competitively procured. The Marine Corps Systems Command, Quantico, Va., is the contracting activity.

Hit $25.99 in afterhours, might run a bit in the morning :)

1 comment:

MSTrader said...

Excellent news! I just added FRPT to my cnbc portfolio yesterday before the close - maybe this is just what I need to be the weekly winner! ;)