Force Protection Inc.

Taking Profit in Force Protection Inc.

2007-05-11T20:00:00Z

On May 05, 2006 we recommended and began covering Force Protection, Inc., then traded on the OTCBB at $2.00. We watched and reported on this one for a little over a year. We saw the Company move to a more liquid exchange and finally decided to take profit.

The publishers of OTCBlog are always on the lookout for the "Next Big Thing". Congratulations to all that got on this one and were able to profit along with us. Remember, information is power and timely information is profitable. Don't miss another opportunity to profit from reading OTCBlog.

Media:
Chad Griffin Consulting, Inc.
Jordan Markwith, 310-888-3523
or
Investors:
CEOcast, Inc.
Dan Schustack, 212-732-4300

Source: Business Wire (February 1, 2008 - 9:29 AM EST)

Force Protection, Inc. Announces New Production and Delivery Records in January

2007-02-05T12:45:00Z

Force Protection, Inc. (NASDAQ:FRPT) today announced that its vehicle production and delivery numbers again reached record highs in January. The leading armored vehicle manufacturer delivered more than 60 vehicles to the U.S. government last month alone.

The Cougar Joint Explosive Ordnance Disposal Rapid Response Vehicle (JERRV) and Iraqi Light Armored Vehicle (ILAV) programs led production numbers. U.S. armed forces have used the Cougar JERRV in Iraq and Afghanistan since 2004. The Cougar ILAV, which is produced with BAE Systems as prime contractor and Force Protection as subcontractor, was first delivered in 2006.

"Our January deliveries are reflective of aggressive ramp up efforts," said Force Protection Vice President for Program Management Damon Walsh. "We also look forward to our first MRAP deliveries to the government early in February, as we add this vitally important product line and continue to expand deliveries."

Force Protection's Buffalo and Cougar mine-protected vehicles have been deployed in the global war on terror since 2003, and have an unmatched record for safety, mobility, and sustainability over more than 2 million hours of heavy combat operations.

"The uniformed war fighter is our most important customer," said COO Raymond Pollard. "He has asked for the life-saving blast protection technology incorporated in our vehicles. We are clearly demonstrating the ability to provide this solution through Force Protection's efforts and the efficient use of our production partners."

About Force Protection

Force Protection, Inc. manufactures ballistic- and mine-protected vehicles through its wholly owned subsidiary. These specialty vehicles are protected against landmines, hostile fire, and Improvised Explosive Devices (IEDs, commonly referred to as roadside bombs). Force Protection's mine and ballistic protection technology is among the most advanced in the world. The vehicles are manufactured outside Charleston, S.C.

For more information, go to www.forceprotection.net.

This release contains forward-looking statements, including, without limitation, statements concerning our business, future plans and objectives and the performance of our products. These forward-looking statements involve certain risks and uncertainties ultimately may not prove to be accurate. Actual results and future events could differ materially from those anticipated in such statements. Technical complications may arise that could prevent the prompt implementation of the strategic plan outlined above. The company cautions that these forward looking statements are further qualified by other factors including, but not limited to, those set forth in the company's Form 10-KSB filing and other filings with the United States Securities and Exchange Commission (available at www.sec.gov). The company undertakes no obligation to publicly update or revise any statements in this release, whether as a result of new information, future events or otherwise, except as required by law.

SOURCE: Force Protection, Inc.

Policy Impact Strategic Communications
Jeff Child, 202-737-5339 (Media Contact)
jchild@policyimpact.com
or
Force Protection, Inc.
Investor Relations, 843-740-7015
investorrelations@forceprotectioninc.com

Force Dynamics Names Board of Directors

2007-02-02T12:45:00Z

Force Dynamics, L.L.C. -- a joint venture between Force Protection, Inc. (NASDAQ:FRPT) and General Dynamics Land Systems, a business unit of General Dynamics Corporation (NYSE:GD) -- today named the members of its board of directors.

Force Protection's COO Raymond Pollard will serve as chairman, with the company's Vice President for Program Management Damon Walsh as Secretary. General Dynamics Land Systems' Mark Roualet, Senior Vice President Ground Combat Systems will serve as Vice Chairman, and Susan Young, Director Production Finance & Estimating, as Treasurer. Richard Hamilton, Force Protection's Vice President for Finance and John Gonias, General Dynamics Land Systems Vice President Contracts serve as members at large. Mark Savarese of General Dynamics was named Program Director for the joint venture.

Force Dynamics was recently awarded a four-vehicle test and evaluation contract from the U.S. Marine Corps Systems Command to produce vehicles for the joint Department of Defense Mine Resistant Ambush Protected (MRAP) vehicle program.

Force Dynamics was formed to offer Force Protection's Cougar 4x4 and 6x6 medium mine-protected vehicles as Category I and II MRAP solutions. The joint venture combines the proprietary vehicle designs of Force Protection with General Dynamics expertise in program management, systems engineering, service support and manufacturing capacity.

About Force Protection

Force Protection manufactures ballistic- and mine-protected vehicles through its wholly owned subsidiary. These specialty vehicles are protected against landmines, hostile fire, and Improvised Explosive Devices (IEDs, commonly referred to as roadside bombs). Force Protection's mine and ballistic protection technology is among the most advanced in the world. The vehicles are manufactured outside Charleston, S.C. For more information on Force Protection and its vehicles, go to www.forceprotection.net.

About General Dynamics

General Dynamics Land Systems, a business unit of General Dynamics (NYSE:GD), designs, manufactures and supports land and amphibious combat systems for the U.S. Army, U.S. Marine Corps, and allied nations. Headquartered in Falls Church, Va., General Dynamics employs approximately 81,100 people worldwide and expects 2006 revenue of approximately $24 billion. The company is a market leader in mission-critical information systems and technologies; land and expeditionary combat systems, armaments and munitions; shipbuilding and marine systems; and business aviation. More information on General Dynamics can be found online at www.generaldynamics.com.

This release contains forward-looking statements, including, without limitation, statements concerning the businesses, future plans and objectives and the performance of their products. These forward-looking statements involve certain risks and uncertainties which ultimately may not prove to be accurate. Actual results and future events could differ materially from those anticipated in such statements. Technical complications may arise that could prevent the prompt implementation of the strategic plan outlined above. The companies caution that these forward looking statements are further qualified by other factors including, but not limited to, those set forth in the companies' Forms 10-K or 10-KSB filing and other filings with the United States Securities and Exchange Commission (available at www.sec.gov). The companies undertakes no obligation to publicly update or revise any statements in this release, whether as a result of new information, future events or otherwise, except as required by law.

SOURCE: Force Dynamics, L.L.C.

Force Protection Contact:
Policy Impact Strategic Communications
Jeff Child, 202-737-5339 (Media Contact)
jchild@policyimpact.com
or
General Dynamics Land Systems
Peter Keating
Tel: 586-825-7930
Cell: 586-665-0065

Force Protection Vehicles Mark More Than Two Million Hours in Combat

2007-01-25T13:00:00Z

BusinessWire - January 25, 2007 9:00 AM ET

Force Protection, Inc. (NASDAQ:FRPT) today announced that its Buffalo and Cougar blast- and ballistic-protected vehicles have logged more than two million hours of combat operations in Iraq and Afghanistan since their initial deployment in 2003.

Due to their V-shaped steel hull design and cutting-edge blast protection technology, Force Protection's vehicles have established an unmatched record for troop safety in the face of thousands of attacks from improvised explosive devices (IEDs), land mines, and roadside bombs.

"This is an important milestone we mark today," said Force Protection Vice President for Program Management Damon Walsh. "It is representative of two important facts: first, that the vehicles are of the highest quality and are built to last; second, that our troops on the ground can count on them as the best possible defense against IEDs and other explosive threats. We are gratified to know that these vehicles are saving lives and are committed to making sure many more are available to protect our troops for millions of hours of combat operations to come."

Force Protection has experienced significant growth in the past year. The company presented more than 50 vehicles to the U.S. government in December 2006 alone, a 300 percent increase from vehicle deliveries in December 2005. With recently announced partnering agreements with other defense industry leaders such as Armor Holdings (NYSE:AH) and General Dynamics Land Systems (NYSE:GD), vehicle production is expected to increase even more dramatically.

For more information on Force Protection and its Buffalo and Cougar vehicle series, go to www.forceprotection.net.

About Force Protection

This release contains forward-looking statements, including, without limitation, statements concerning our business, future plans and objectives and the performance of our products. These forward-looking statements involve certain risks and uncertainties ultimately may not prove to be accurate. Actual results and future events could differ materially from those anticipated in such statements. Technical complications may arise that could prevent the prompt implementation of the strategic plan outlined above. The company cautions that these forward looking statements are further qualified by other factors including, but not limited to, those set forth in the company's Form 10-KSB filing and other filings with the United States Securities and Exchange Commission (available at http://www.sec.gov). The company undertakes no obligation to publicly update or revise any statements in this release, whether as a result of new information, future events or otherwise, except as required by law.

SOURCE: Force Protection, Inc.

Force Protection Contact:
Policy Impact Strategic Communications
Jeff Child, 202-737-5339 (Media Contact)
jchild@policyimpact.com
or
Force Protection, Inc.
Investor Relations, 843-740-7015
investorrelations@forceprotectioninc.com

Force Protection, Inc. Moves to NASDAQ Capital Market

2007-01-19T14:36:00Z

Force Protection, Inc. (NASDAQ:FRPT) officially listed its securities on the NASDAQ Capital Market yesterday, commemorating the Company's listing by opening the market at NASDAQ's MarketSite location in New York City.

"We are thrilled to be here today," said Force Protection Chairman Frank Kavanaugh. "We recognize and deeply appreciate the efforts of Force Protection's executive management team, its investors, and workforce who have supported our mission to produce vehicles that protect and save lives, and who have made this important opportunity possible. We especially dedicate this moment to the men and women of our armed forces for whom these vehicles are built."

Shareholders do not need to take any action as a result of the NASDAQ Capital Market listing. Company stock certificates will remain valid.

Popular with troops who credit the vehicles with saving lives, Force Protection's Buffalo and Cougar blast- and ballistic-protected vehicles have an unmatched record for troop safety, protecting against attacks on vehicles led by improvised explosive devices and roadside bombs. Combined, the vehicles have logged more than 1.6 million hours of combat operations since their initial deployment with U.S. and Allied forces in 2003.

About Force Protection

Force Protection, Inc. manufactures ballistic- and mine-protected vehicles through its wholly owned subsidiary. These specialty vehicles protect against landmines, hostile fire, and Improvised Explosive Devices (IEDs, commonly referred to as roadside bombs). Force Protection's mine and ballistic protection technologies are among the most advanced in the world. The vehicles are manufactured outside Charleston, S.C.

For more information on Force Protection and its vehicles, go to www.forceprotection.net.

This release contains forward-looking statements, including, without limitation, statements concerning our business, future plans and objectives and the performance of our products. These forward-looking statements involve certain risks and uncertainties that ultimately may not prove to be accurate. Actual results and future events could differ materially from those anticipated in such statements. The company cautions that these forward looking statements are further qualified by factors including, but not limited to, those set forth in the company's Form 10-KSB filing and other filings with the United States Securities and Exchange Commission (available at www.sec.gov) and the company's public statements. The company undertakes no obligation to publicly update or revise any statements in this release, whether as a result of new information, future events or otherwise, except as required by law.

SOURCE: Force Protection, Inc.

Policy Impact Strategic Communications
Jeff Child, 202-737-5339 (Media Contact)
jchild@policyimpact.com
or
Force Protection, Inc.
Investor Relations, 843-740-7015
investorrelations@forceprotectioninc.com

U.S. Marine Corps Buys Additional Force Protection Vehicles

2007-01-16T12:56:00Z

Because of increased capacity to rapidly produce its life-saving vehicles, Force Protection, Inc. (OTCBB:FRPT) said today it was able to respond to the U.S. Marine Corps' urgent operational need for 15 of the company's Cougar Joint Explosive Ordnance Disposal Rapid Response Vehicles (JERRV). The contract for the vehicles, spare parts, and sustainment services is worth an approximate $9.4 million. All 15 vehicles will be delivered in January.

"We are pleased to be able to respond to this urgent need so quickly," said Force Protection Vice President for Program Management Damon Walsh. "Due to our ramp up efforts that include expanding production lines and improving manufacturing efficiencies, these vehicles are being produced and readied for presentation to the government in the same month the order was received.

"This is indicative of our increased capacity to produce these unmatched blast- and ballistic-protected vehicles with the required speed to support our soldiers in Iraq," he said. "Based on the strategic manufacturing partnerships we have formed recently, that capacity will only continue to expand."

Force Protection's Buffalo and Cougar vehicles have logged more than 1.6 million hours of combat operations in Iraq and Afghanistan since 2003. Known for the unmatched level of troop safety they provide, the Buffalo and Cougar are deployed by all branches of U.S. armed forces.

About Force Protection

For more information on Force Protection and its vehicles, go to www.forceprotection.net.

This release contains forward-looking statements, including, without limitation, statements concerning our business, future plans and objectives and the performance of our products. These forward-looking statements involve certain risks and uncertainties that ultimately may not prove to be accurate. Actual results and future events could differ materially from those anticipated in such statements. The company cautions that these forward looking statements are further qualified by factors including, but not limited to, those set forth in the company's Form 10-KSB filing and other filings with the United States Securities and Exchange Commission (available at http://www.sec.gov) and the company's public statements. The company undertakes no obligation to publicly update or revise any statements in this release, whether as a result of new information, future events or otherwise, except as required by law.

SOURCE: Force Protection, Inc.

Policy Impact Strategic Communications
Jeff Child, 202-737-5339 (Media Contact)
jchild@policyimpact.com
or
Force Protection, Inc.
Investor Relations, 843-740-7015
investorrelations@forceprotectioninc.com

Force Protection, Inc. Announces Move to NASDAQ Capital Market

2007-01-10T23:42:00Z

Force Protection, Inc. today announced that it has been approved to list its securities on the NASDAQ Capital Market. The armored vehicle manufacturer will retain its FRPT trading symbol. The Company's NASDAQ listing will be effective and commemorated by Force Protection at an Opening Bell Ceremony in New York City on January 18, 2007.

"We are extremely excited about this move," said Force Protection CEO Gordon McGilton. "The NASDAQ listing is the result of our on-going efforts to provide what we believe will be a more stable investment opportunity in our Company."

Force Protection, which has traded on the Over the Counter Bulletin Board since 2003, has experienced substantial corporate growth in the past year. Partnering agreements with other leading defense industry manufacturers such as Armor Holdings and BAE Systems, as well as a recently announced joint venture company with General Dynamics Land Systems, have been made to merge Force Protection's proprietary designs with the manufacturing capacity necessary to meet increasing demand.

Shareholders do not need to take any action as a result of the NASDAQ Capital Market listing. Company stock certificates will remain valid.

Force Protection's Buffalo and Cougar mine-protected vehicles have been deployed with U.S. and Allied forces since 2003.

About Force Protection

Force Protection, Inc. manufactures ballistic- and mine-protected vehicles through its wholly owned subsidiary. These specialty vehicles are protected against landmines, hostile fire, and Improvised Explosive Devices (IEDs, commonly referred to as roadside bombs). Force Protection's mine and ballistic protection technologies are among the most advanced in the world. The vehicles are manufactured outside Charleston, S.C.

For more information on Force Protection and its vehicles, go to www.forceprotection.net.

This release contains forward-looking statements, including, without limitation, statements concerning our business, future plans and objectives and the performance of our products. These forward-looking statements involve certain risks and uncertainties ultimately may not prove to be accurate. Actual results and future events could differ materially from those anticipated in such statements. The company cautions that these forward looking statements are further qualified by factors including, but not limited to, those set forth in the company's Form 10-KSB filing and other filings with the United States Securities and Exchange Commission (available at http://www.sec.gov) and the company's other public statements. The company undertakes no obligation to publicly update or revise any statements in this release, whether as a result of new information, future events or otherwise, except as required by law.

SOURCE: Force Protection, Inc.

Policy Impact Strategic Communications
Media:
Jeff Child, 202-737-5339
jchild@policyimpact.com
or
Force Protection, Inc.
Investor Relations, 843-740-7015
investorrelations@forceprotection.net

Force Protection, Inc. Marks Major '06 Milestones

2007-01-04T12:31:45Z

Force Protection, Inc. Marks Major '06 Milestones, New Vehicle Production Record in December

Leading U.S. armored vehicle manufacturer Force Protection, Inc. (OTCBB:FRPT) continued to record substantial growth in contracts, vehicle deliveries, workforce, production capacity, and strategic partnerships during 2006, the company said today.

Force Protection's Buffalo and Cougar blast- and ballistic-protected vehicles marked more than three years in combat operations in Iraq and Afghanistan in the past year. There are over 300 vehicles currently deployed, more than double the number at the beginning of 2006.

"It has been an important and remarkable year for the company," said CEO Gordon McGilton. "We continue to reap the rewards of restructuring efforts begun in 2003 to become a high-volume assembly-line manufacturer with the capacity to produce the world's best protected vehicles in the numbers needed."

"Built on the foundation of partnerships with other leading defense contractors such as General Dynamics Land Systems, BAE Systems, and Armor Holdings, and the exponential expansion of our workforce and manufacturing infrastructure, Force Protection is positioned to meet the increasing demands for our blast protection technology as never before," said Chairman Frank Kavanaugh.

Force Protection's workforce has increased to more than 700, up from 300 in January 2005. The company delivered more than 50 vehicles in December 2006 alone, a 300% increase from December 2005.

"Our records show that we produced more vehicles last month than in all of 2003 and 2004 combined," added McGilton.

Total contract awards for the year have also multiplied, due in large part to a $214 million contract award from the Marine Corps Systems Command for approximately 280 Cougar Joint Explosive Ordnance Disposal (EOD) Rapid Response Vehicles (JERRV) and Buffalo mine-protected clearance vehicles announced November 10, 2006.

Force Protection received a $180 million Foreign Military Sales contract from the U.S. Army Tank-automotive and Armaments Command to manufacture 378 Iraqi Light Armored Vehicles (ILAVs). Force Protection is acting as subcontractor, with BAE Systems as prime contractor on the award announced June 5, 2006.

The company also marked expansion into the international defense market during 2006, with a $63 million dollar contract award from the British Ministry of Defense (MOD) for more than 85 specially designed Cougars, known by the British military as Mastiff Protected Patrol Vehicles (Mastiff PPV). The first round of Mastiff PPVs were presented to the MOD ahead of schedule on November 16, 2006.

In December 2006, Force Protection and General Dynamics announced a joint venture company, Force Dynamics, which was formed to compete for the Mine Resistant Ambush Protected (MRAP) vehicle program managed by the U.S. Marine Corps. The MRAP competitive action for the first year's estimated requirement of 4,100 vehicles has an approximate value of $2 billion.

The company has continued to expand its integrated logistics support (ILS) department and anticipates that this will be a further source of revenue in 2007. ILS is responsible for order fulfillment on spare parts, contract services and maintenance and training, as well as the deployment of Force Protection field service representatives. ILS revenues are expected to exceed $42 million for 2006.

"By every measure, Force Protection is fulfilling its commitment to do all that is necessary to get these life-saving vehicles to those who need them most," noted McGilton. "From the military to the media to the federal government, our vehicles are recognized as a proven solution to the threat of improvised explosive devices, land mines, and road side bombs. No other vehicle lines match those of Force Protection for troop safety. It is because of their performance in the field that the company continues to experience such phenomenal growth."

"We look forward to continuing this vital work for our customers in 2007," said Kavanaugh. "We are also excited at the opportunities to expand our business model and provide the best possible return for our shareholders."

About Force Protection

Force Protection, Inc. manufactures ballistic- and mine-protected vehicles through its wholly owned subsidiary. These specialty vehicles are protected against landmines, hostile fire, and Improvised Explosive Devices (IEDs, commonly referred to as roadside bombs). Force Protection's mine and ballistic protection technologies are among the most advanced in the world. The vehicles are manufactured outside Charleston, S.C.

For more information on Force Protection and its vehicles, go to www.forceprotection.net.

This release contains forward-looking statements, including, without limitation, statements concerning our business, future plans and objectives and the performance of our products. These forward-looking statements involve certain risks and uncertainties ultimately may not prove to be accurate. Actual results and future events could differ materially from those anticipated in such statements. The company cautions that these forward looking statements are further qualified by factors including, but not limited to, those set forth in the company's Form 10-KSB filing and other filings with the United States Securities and Exchange Commission (available at http://www.sec.gov) and the company's public statements. The company undertakes no obligation to publicly update or revise any statements in this release, whether as a result of new information, future events or otherwise, except as required by law.

SOURCE: Force Protection, Inc.

Policy Impact Strategic Communications
Media:
Jeff Child, 202-737-5339
jchild@policyimpact.com
or
Force Protection, Inc.
Investor Relations, 843-740-7015
investorrelations@forceprotection.net

Force Protection, Inc. and General Dynamics Announce Joint Venture Company

2006-12-23T00:52:00Z

LADSON, S.C., Dec. 22 /PRNewswire-FirstCall/ -- Force Protection, Inc. (OTC Bulletin Board: FRPT) and General Dynamics Land Systems today announced they will form a joint venture to compete for the Mine Resistant Ambush Protected (MRAP) vehicle program, a U.S. joint services program being managed by the U.S. Marine Corps.

The joint venture was formed to offer Force Protection's Cougar 4x4 and 6x6 armored vehicles as an MRAP solution. The joint venture will include an experienced team in program management, systems engineering, production and service support from both Force Protection and General Dynamics.

'This joint venture is an important strategic step for our company,' said Force Protection CEO Gordon McGilton. 'Combining Force Protection's life- saving blast protection technology with the size and capability of General Dynamics will ensure that the MRAP program will be a success and that the vehicles will be the strongest, most advanced blast- and ballistic-protected vehicles in the world. We look forward to working with a company of the caliber of General Dynamics in producing this critically-needed vehicle for our troops.'

'The joint venture will provide our Armed Forces the services of two best- in-class defense companies both dedicated to safeguarding the lives of our servicemen and women,' said Dave Heebner, president General Dynamics Land Systems. 'Together we will leverage the complementary skills and resources inherent in our companies to produce Mine Resistant Ambush Protected vehicles. I'm pleased to be partnering with a very strong Force Protection team to deliver this mobile and highly survivable vehicle.'

The venture builds on an earlier agreement between the companies for General Dynamics to perform structure fabrication of the armored capsule incorporated in Force Protection's Cougar medium mine-protected vehicle.

The Cougar has been deployed since 2004 in the global war on terrorism. It was first used by the 1st Marine Expeditionary Force in Fallujah, and is now used by all branches of U.S. armed services due to its unmatched safety record in the field.

About Force Protection

About General Dynamics

General Dynamics Land Systems, a business unit of General Dynamics (NYSE: GD), designs, manufactures and supports land and amphibious combat systems for the U.S. Army, U.S. Marine Corps, and allied nations. Headquartered in Falls Church, Va., General Dynamics employs approximately 81,100 people worldwide and expects 2006 revenue of approximately $24 billion. The company is a market leader in mission-critical information systems and technologies; land and expeditionary combat systems, armaments and munitions; shipbuilding and marine systems; and business aviation. More information on General Dynamics can be found online at http://www.generaldynamics.com.

This release contains forward-looking statements, including, without limitation, statements concerning the businesses, future plans and objectives and the performance of their products. These forward-looking statements involve certain risks and uncertainties which ultimately may not prove to be accurate. Actual results and future events could differ materially from those anticipated in such statements. Technical complications may arise that could prevent the prompt implementation of the strategic plan outlined above. The companies caution that these forward looking statements are further qualified by other factors including, but not limited to, those set forth in the companies' Forms 10-K or 10-KSB filing and other filings with the United States Securities and Exchange Commission (available at http://www.sec.gov). The companies undertakes no obligation to publicly update or revise any statements in this release, whether as a result of new information, future events or otherwise, except as required by law.

SOURCE General Dynamics Land Systems; Force Protection, Inc.

Source: PR Newswire (December 22, 2006 - 8:34 AM EST)

Force Protection, Inc. Announces $152.75 Million Equity Financing

2006-12-22T00:55:00Z

Armored vehicle manufacturer Force Protection, Inc. (OTCBB:FRPT) today announced it has closed on a private placement of 13 million shares of common stock, generating gross proceeds of approximately $152.75 million.

The securities were sold to a select group of institutional investors at $11.75 per share with no warrants. C.E. Unterberg, Towbin acted as Force Protection's lead placement agent.

"We are excited to announce this arrangement," said Force Protection CEO Gordon McGilton. "Force Protection appreciates the confidence evidenced by the investors who have participated in this financing. This working capital will enable us to finish pre-production activities related to our new vehicle line, Cheetah, as well as continue to expand our production capacity and deliver life-saving Buffalo and Cougar vehicles in greater numbers than ever before."

Demand for Force Protection vehicles has risen dramatically since their initial deployment in 2003, based on their unmatched record for troop safety against improvised explosive devices, land mines, and roadside bombs. All branches of the U.S. military have credited the blast protection technology incorporated in the Buffalo and Cougar with saving lives.

About Force Protection

For more information on Force Protection and its vehicles, go to www.forceprotection.net.

This release contains forward-looking statements, including, without limitation, statements concerning our business, future plans and objectives and the performance of our products. These forward-looking statements involve certain risks and uncertainties ultimately may not prove to be accurate. Actual results and future events could differ materially from those anticipated in such statements. Technical complications may arise that could prevent the prompt implementation of the strategic plan outlined above. The company cautions that these forward looking statements are further qualified by other factors including, but not limited to, those set forth in the company's Form 10-KSB filing and other filings with the United States Securities and Exchange Commission (available at http://www.sec.gov). The company undertakes no obligation to publicly update or revise any statements in this release, whether as a result of new information, future events or otherwise, except as required by law.

Policy Impact Strategic Communications
Media:
Jeff Child, 202-737-5339
jchild@policyimpact.com
or
Force Protection, Inc.
Investor Relations, 843-740-7015
investorrelations@forceprotection.net

Source: Business Wire (December 21, 2006 - 8:31 AM EST)

U.S. Marine Corps Orders More Force Protection Vehicles

2006-12-09T00:58:00Z

Continuing strong demand for Force Protection, Inc.'s (OTCBB:FRPT) armored vehicles was highlighted today as the manufacturer announced another delivery order from the U.S. Marine Corps worth an estimated $69 million for 100 additional Cougar Joint Explosive Ordnance Disposal Rapid Response Vehicles (JERRV). The order marks the fulfillment of a sole source contract previously announced and awarded to Force Protection on November 9, 2006.

More than 300 Force Protection vehicles are currently in the field, and have an unmatched record for troop safety in the face of improvised explosive devices, land mines and roadside bombs in Iraq and Afghanistan. Popular with explosive ordnance disposal teams and other first response units who credit the vehicles with saving their lives, the vehicles incorporate a V-shaped hull design that deflects the force of blasts away from passengers.

"Our vehicles have set the standard for blast protection," said Force Protection CEO Gordon McGilton. "Thousands of incidents in the global war on terror show that Force Protection's proven blast protection technology saves the lives of our troops on the ground who constantly face explosive threats. We are gratified to know that many more vehicles will be deployed in support of their critical mission. This order once again confirms that the investments we have been making to increase our capacity will prove to be time and money well-spent."

For more information on Force Protection and its vehicles, go to www.forceprotection.net.

About Force Protection

This release contains forward-looking statements, including, without limitation, statements concerning our business, future plans and objectives and the performance of our products. These forward-looking statements involve certain risks and uncertainties ultimately may not prove to be accurate. Actual results and future events could differ materially from those anticipated in such statements. Technical complications may arise that could prevent the prompt implementation of the strategic plan outlined above. The company cautions that these forward looking statements are further qualified by other factors including, but not limited to, those set forth in the company's Form 10-KSB filing and other filings with the United States Securities and Exchange Commission (available at http://www.sec.gov). The company undertakes no obligation to publicly update or revise any statements in this release, whether as a result of new information, future events or otherwise, except as required by law.

Force Protection Contact:
Policy Impact Strategic Communications
Jeff Child, 202-737-5339 (Media Contact)
jchild@policyimpact.com
or
Force Protection, Inc.
Investor Relations, 843-740-7015
investorrelations@forceprotectioninc.com

Source: Business Wire (December 8, 2006 - 8:31 AM EST)

ILS Division at Force Protection, Inc. Records Dramatic Growth in '06

2006-11-23T01:01:00Z

Leading armored vehicle manufacturer Force Protection, Inc.'s (OTCBB:FRPT) Integrated Logistics Support (ILS) division reported dramatic expansion in 2006, with an estimated 400% increase in revenue to date.

The ILS division focuses on the maintenance and replacement parts support of the Company's Buffalo and Cougar blast- and ballistic-protected vehicles deployed in Iraq and Afghanistan. The vehicles have been delivered to the U.S. government in record numbers in the past year as the Company has implemented major production capacity and workforce expansion programs.

"The ILS division of Force Protection has had a huge year," said ILS Vice President Murray Hammick. "We believe we will have approximately $44 million in ILS revenues for 2006. Our total revenues in 2005 were approximately $8.5 million, as compared to approximately $35 million in revenues to date in 2006. Clearly, demand for our vehicles is increasing and the demand for our support services is growing along with it."

Logging more than 1.6 million hours of combat operations, Force Protection vehicles have withstood thousands of mine detonations and IED attacks since 2003 without a single fatality.

"The increase in ILS operations reflects a greater number of vehicles in operation," said Warranty Supervisor and retired Army First Sergeant Don Cowart. "Given the mission these vehicles fill, we anticipate the need for support services will continue to rise."

About Force Protection

For more information on Force Protection and its vehicles, go to www.forceprotection.net.

This release contains forward-looking statements, including, without limitation, statements concerning our business, future plans and objectives and the performance of our products. These forward-looking statements involve certain risks and uncertainties ultimately may not prove to be accurate. Actual results and future events could differ materially from those anticipated in such statements. Technical complications may arise that could prevent the prompt implementation of the strategic plan outlined above. The company cautions that these forward looking statements are further qualified by other factors including, but not limited to, those set forth in the company's Form 10-KSB filing and other filings with the United States Securities and Exchange Commission (available at http://www.sec.gov). The company undertakes no obligation to publicly update or revise any statements in this release, whether as a result of new information, future events or otherwise, except as required by law.

Force Protection Contact:
Policy Impact Strategic Communications
Jeff Child, 202-737-5339 (Media Contact)
jchild@policyimpact.com
or
Force Protection, Inc.
Investor Relations, 843-740-7015
investorrelations@forceprotectioninc.com

Source: Business Wire (November 22, 2006 - 9:28 AM EST)

Force Protection, Inc. Announces Agreement with Armor Holdings, Inc.

2006-11-21T01:03:00Z

Force Protection, Inc. (OTCBB:FRPT) today announced it has reached an agreement with the Aerospace & Defense Group of Armor Holdings, Inc. (NYSE:AH) to join in the production of Force Protection's Cougar medium mine-protected vehicle.

Force Protection will be the prime contractor under the agreement, with Armor Holdings as principal subcontractor, using its Sealy, Texas based capacity and core expertise in the automotive integration and assembly of the vehicle.

"Force Protection's commitment has always been to get the life-saving technology incorporated in the Cougar and our other vehicles out to the field in the numbers needed," said Force Protection CEO Gordon McGilton. "This partnering agreement is an important step to ensure this takes place, especially in light of the increasing demand for the vehicle. We are extremely pleased to work with a company of the breadth and depth of Armor Holdings as we continue to fulfill this objective."

Force Protection's Cougar vehicle has been deployed since 2004 in the global war on terror. Despite more than 1,000 mine detonations and IED attacks, not a single fatality has occurred in a Force Protection vehicle. The Cougar was first used by the 1st Marine Expeditionary Force in Falujah, and its use has since been expanded to all branches of the U.S. armed forces.

Robert Schiller, President of Armor Holdings, Inc., said, "Force Protection's Cougar armored vehicle has a proven record of saving lives. Armor Holdings has a proven record of economically supplying world class quality tactical wheeled vehicles in high volumes, and we are very pleased to be working with Force Protection toward getting this critical capability to our troops."

The understanding between the companies is effective as of November 11, 2006. Force Protection has delivered more than 300 blast- and ballistic-protected vehicles to the U.S. government since 2003.

For more information on Force Protection and the Cougar, go to www.forceprotection.net.

Armor Holdings, Inc. is a diversified manufacturer of branded products for the military, law enforcement, and personnel safety markets. Additional information can be found at www.armorholdings.com.

About Force Protection

For more information on Force Protection and its vehicles, go to www.forceprotection.net.

This release contains forward-looking statements, including, without limitation, statements concerning our business, future plans and objectives and the performance of our products. These forward-looking statements involve certain risks and uncertainties ultimately may not prove to be accurate. Actual results and future events could differ materially from those anticipated in such statements. Technical complications may arise that could prevent the prompt implementation of the strategic plan outlined above. The company cautions that these forward looking statements are further qualified by other factors including, but not limited to, those set forth in the company's Form 10-KSB filing and other filings with the United States Securities and Exchange Commission (available at http://www.sec.gov). The company undertakes no obligation to publicly update or revise any statements in this release, whether as a result of new information, future events or otherwise, except as required by law.

Force Protection Contact:
Policy Impact Strategic Communications
Jeff Child, 202-737-5339 (Media Contact)
jchild@policyimpact.com
or
Force Protection, Inc.
Investor Relations, 843-740-7015
investorrelations@forceprotectioninc.com

Source: Business Wire (November 20, 2006 - 10:05 AM EST)

Force Protection, Inc. Announces NASDAQ Application

2006-11-18T01:05:00Z

Force Protection, Inc. (OTCBB:FRPT) today announced its application for listing of its common stock on the NASDAQ Capital Market. The Company believes it meets all of the listing criteria except for its Board composition.

"We have worked diligently to expand our business and develop a leading technology for blast protection," said CEO Gordon McGilton. "As a growing public company, Force Protection believes that it is the appropriate time to apply for listing on NASDAQ."

Force Protection's common stock will continue to trade on the Over the Counter Bulletin Board until NASDAQ approves the application.

"If approved, we believe Force Protection will gain access to a broader institutional investor market, enhance its financing flexibility, and provide greater liquidity for its shareholders," said Chairman Frank Kavanaugh.

About Force Protection

For more information on Force Protection and its vehicles, go to www.forceprotection.net.

This release contains forward-looking statements, including, without limitation, statements concerning our business, future plans and objectives and the performance of our products. These forward-looking statements involve certain risks and uncertainties ultimately may not prove to be accurate. Actual results and future events could differ materially from those anticipated in such statements. Technical complications may arise that could prevent the prompt implementation of the strategic plan outlined above. The company cautions that these forward looking statements are further qualified by other factors including, but not limited to, those set forth in the company's Form 10-KSB filing and other filings with the United States Securities and Exchange Commission (available at http://www.sec.gov). The company undertakes no obligation to publicly update or revise any statements in this release, whether as a result of new information, future events or otherwise, except as required by law.

Policy Impact Strategic Communications
Jeff Child, 202-737-5339 (Media Contact)
jchild@policyimpact.com
or
Force Protection, Inc.
Investor Relations, 843-740-7015
investorrelations@forceprotectioninc.com

Source: Business Wire (November 17, 2006 - 8:05 AM EST)

Force Protection, Inc. Delivers First Round of Cougar Mastiff Vehicles to British Military

2006-11-17T01:08:00Z

Force Protection, Inc. (OTCBB:FRPT) today presented the first round of Cougar Mastiff Patrol Protected vehicles (Mastiff PPV) to the British Ministry of Defence (MOD) at Force Protection's headquarters near Charleston, SC. Force Protection is manufacturing specially modified Cougar vehicles, known in Great Britain as the Mastiff, for the MOD.

These are the first vehicles delivered under a contract awarded by the MOD in August 2006 for more than 85 Mastiff PPVs.

"It is an honor to have our British allies with us today," said CEO Gordon McGilton. "This presentation is three weeks ahead of schedule, with more vehicles to follow. Force Protection is extremely pleased at the efficiency with which this contract is being fulfilled as we work to provide British armed forces with this life-saving technology."

First deployed in 2004 with the U.S. Marine Corps, Force Protection's Cougar and other mine-protected vehicles have an unmatched safety record in Iraq and Afghanistan. British Secretary of State for Defense Des Browne told Parliament in July that the Cougar meets his country's requirements for a well-protected, wheeled vehicle.

"Our marines are your moms and dads, sisters and brothers, and friends," U.S. Marine Corps Colonel Dave Karcher told a crowd of workers and military officials. "I want you to know that what you do makes a difference for them."

The U.S. Marine Corps Systems Command is managing the Mastiff contract through the Department of Defense.

About Force Protection

For more information on Force Protection and its vehicles, go to www.forceprotection.net.

This release contains forward-looking statements, including, without limitation, statements concerning our business, future plans and objectives and the performance of our products. These forward-looking statements involve certain risks and uncertainties ultimately may not prove to be accurate. Actual results and future events could differ materially from those anticipated in such statements. Technical complications may arise that could prevent the prompt implementation of the strategic plan outlined above. The company cautions that these forward looking statements are further qualified by other factors including, but not limited to, those set forth in the company's Form 10-KSB filing and other filings with the United States Securities and Exchange Commission (available at http://www.sec.gov). The company undertakes no obligation to publicly update or revise any statements in this release, whether as a result of new information, future events or otherwise, except as required by law.

Policy Impact Strategic Communications
Jeff Child, 202-737-5339 (Media Contact)
jchild@policyimpact.com
or
Force Protection, Inc.
Investor Relations, 843-740-7015
investorrelations@forceprotectioninc.com

Source: Business Wire (November 16, 2006 - 1:21 PM EST)

Force Protection, Inc. Announces Continued Profitability for Third Quarter

2006-11-15T01:10:00Z

Force Protection, Inc. (OTCBB: FRPT) today announced sales of $42,160,858 as part of its third quarter results for the three-month period ended September 30, 2006. The company recorded a quarterly gross profit of $7,918,508, and a net profit of $602,698 for the same period. Force Protection has realized year-to-date net profits of $1,171,080, generating year-to-date earnings of $0.03 per share.

"This is Force Protection's third consecutive month of operating profitability," said Vice President of Finance Richard Hamilton. "Sales for the quarter bring our 2006 cumulative year-to-date revenue total to $133,037,980, reflecting a dramatic increase from our 2005 full-year results."

Force Protection was recently named South Carolina's Fastest-Growing Company in 2006. The award, based on gross revenues and employment, recognizes the top 25 companies that have contributed to the state's economy. Since their initial deployment to Iraq and Afghanistan in 2003, no fatalities have occurred in a Force Protection vehicle.

"The third quarter was a period of internal growth for the company," said CEO Gordon McGilton. "We added two new vehicle production lines, improved efficiency within the facilities, and continued our workforce expansion program. The focus on these activities caused an anticipated short-swing dip in our third quarter revenue compared with our second quarter results, but it has positioned us to secure new contracts and handle the increased workload flowing from them."

About Force Protection

For more information on Force Protection and its vehicles, go to www.forceprotection.net.

This release contains forward-looking statements, including, without limitation, statements concerning our business, future plans and objectives and the performance of our products. These forward-looking statements involve certain risks and uncertainties ultimately may not prove to be accurate. Actual results and future events could differ materially from those anticipated in such statements. Technical complications may arise that could prevent the prompt implementation of the strategic plan outlined above. The company cautions that these forward looking statements are further qualified by other factors including, but not limited to, those set forth in the company's Form 10-KSB filing and other filings with the United States Securities and Exchange Commission (available at http://www.sec.gov). The company undertakes no obligation to publicly update or revise any statements in this release, whether as a result of new information, future events or otherwise, except as required by law.

Policy Impact Strategic Communications
for Force Protection
Media:
Jeff Child, 202-737-5339
jchild@policyimpact.com
or
Force Protection, Inc.
Investor Relations, 843-740-7015
investorrelations@forceprotectioninc.com

Source: Business Wire (November 14, 2006 - 5:21 PM EST)

FRPT Breaks Record

2006-10-02T16:10:00Z

Force Protection, Inc. Breaks Production Records in September

Armored vehicle manufacturer Force Protection, Inc. (OTCBB:FRPT) exceeded production records in September as it delivered more than 30 of its Buffalo, Cougar Joint Explosive Ordnance Disposal Rapid Response (JERRV), and Iraqi Light Armored (ILAV) vehicles to the U.S. government.

"In addition to our September vehicle deliveries, we have also verified the successful integration of improved materials such as domestic steel for the JERRV and Buffalo vehicles," said Vice President for Program Management Damon Walsh. "The effect of this testing is to increase the availability of raw materials for vehicle production, which in turn enhances our ability to increase production to meet customer demand."

Force Protection vehicles have been deployed in Iraq and Afghanistan since 2003 without a fatality to a passenger. This unmatched record of success has led to major contract awards from U.S. and Coalition governments who recognize the vital role of the vehicles for their armed forces.

"Force Protection continues to experience the fruits of its efforts to ramp up production of these life-saving vehicles," said CEO Gordon McGilton. "We are currently ahead of schedule in deliveries of the Cougar JERRV and are on track with our Buffalo and ILAV programs. We are fulfilling our commitment to get the highest levels of protection available to the field as quickly as possible."

About Force Protection

For more information on Force Protection and its vehicles, go to www.forceprotection.net.

This release contains forward-looking statements, including, without limitation, statements concerning our business, future plans and objectives and the performance of our products. These forward-looking statements involve certain risks and uncertainties ultimately may not prove to be accurate. Actual results and future events could differ materially from those anticipated in such statements. Technical complications may arise that could prevent the prompt implementation of the strategic plan outlined above. The company cautions that these forward looking statements are further qualified by other factors including, but not limited to, those set forth in the company's Form 10-KSB filing and other filings with the United States Securities and Exchange Commission (available at http://www.sec.gov). The company undertakes no obligation to publicly update or revise any statements in this release, whether as a result of new information, future events or otherwise, except as required by law.

SOURCE: Force Protection, Inc.

FRPT Extends Agreement

2006-09-29T13:00:00Z

Force Protection Extends Agreement with South African Technology Partner

Force Protection, Inc. (OTCBB:FRPT) today announced that it has reached an agreement with MECHEM, a division of DENEL (Pty) Ltd of South Africa, to extend the term of their relationship for an additional five years effective September 13, 2006.

Under the agreement, MECHEM, an organization that specializes in the supply of landmine detection, de-mining, and unexploded ordnance disposal equipment and services, will continue to work exclusively with Force Protection on all projects relating to the exploitation of its technology.

"We are extremely pleased to continue this important relationship," said Force Protection CEO Gordon McGilton. "As a world leader in the field of humanitarian de-mining, MECHEM has unequaled knowledge and expertise in the detection, removal and defeat of all types of explosive devices. They will be an invaluable resource to Force Protection's expanding R&D initiatives."

Force Protection manufactures the Cougar and Buffalo mine-protected vehicles that have been deployed in Iraq and Afghanistan since 2003. Despite thousands of mine detonations and IED attacks, no fatalities have occurred in a Force Protection vehicle.

About MECHEM

MECHEM, a division of DENEL (Pty) Ltd (South Africa), specializes in the supply of landmine detection, de-mining and unexploded ordnance disposal equipment, services and consulting. It was established in the late 1960's, originally as a research unit of the Council for Scientific and Industrial Research (CSIR) in South Africa, culminating into a division of DENEL (South Africa). MECHEM has been involved in the research and development of anti-landmine technology for the past 30 years.

About Force Protection

For more information on Force Protection and its vehicles, go to www.forceprotection.net.

This release contains forward-looking statements, including, without limitation, statements concerning our business, future plans and objectives and the performance of our products. These forward-looking statements involve certain risks and uncertainties ultimately may not prove to be accurate. Actual results and future events could differ materially from those anticipated in such statements. Technical complications may arise that could prevent the prompt implementation of the strategic plan outlined above. The company cautions that these forward looking statements are further qualified by other factors including, but not limited to, those set forth in the company's Form 10-KSB filing and other filings with the United States Securities and Exchange Commission (available at http://www.sec.gov). The company undertakes no obligation to publicly update or revise any statements in this release, whether as a result of new information, future events or otherwise, except as required by law.

SOURCE: Force Protection, Inc.

FRPT Appoints Director

2006-09-22T13:00:00Z

Force Protection, Inc. Appoints Independent Director

Armored vehicle manufacturer Force Protection, Inc. (OTCBB:FRPT) announced today that Michael Moody has been appointed an independent member of the Board of Directors by unanimous board vote. Moody will fill the vacancy left by departing director Gale Aguilar.

"Force Protection is greatly benefited in having Michael join the board," said Chairman Frank Kavanaugh. "He brings a wealth of financial experience to this position, and will play a key role in the continuing development of Force Protection as a publicly-traded company. Michael's appointment is another step in the process of reconfiguring the board to achieve a majority of independent directors; a process we hope to conclude very shortly."

A veteran with more than four decades' experience in financial analysis, auditing, and regulatory reporting, Moody currently serves as a principal for Westsource Financial Services, Inc., providing financial and business advisory services to privately held businesses. Moody previously served as Chief Operating Officer for the London American General Agency and as Senior Vice President of Corporate Development for Magna Carta Companies. He also served as a member of the Magna Carta board of directors with particular oversight and review of financial reporting. Moody is a CPA and an associate with the Australian Society of Accountants, and holds a bachelor's degree in Economics from Macquarie University in Sydney, Australia.

Force Protection's Buffalo route clearance and Cougar urban fighting vehicles have kept troops safe in the face of more than 1,000 mine detonations and IED attacks since 2003. More than 200 of these mine-armored vehicles have been delivered to the U.S. government.

About Force Protection

For more information on Force Protection and its vehicles, go to www.forceprotection.net.

This release contains forward-looking statements, including, without limitation, statements concerning our business, future plans and objectives and the performance of our products. These forward-looking statements involve certain risks and uncertainties that ultimately may not prove to be accurate. Actual results and future events could differ materially from those anticipated in such statements. Technical complications may arise that could prevent the prompt implementation of the strategic plan outlined above. The company cautions that these forward looking statements are further qualified by other factors including, but not limited to, those set forth in the company's Form 10-KSB filing and other filings with the United States Securities and Exchange Commission (available at http://www.sec.gov). The company undertakes no obligation to publicly update or revise any statements in this release, whether as a result of new information, future events or otherwise, except as required by law.

SOURCE: Force Protection, Inc.

This stock is ready to Rock!

2006-09-07T23:31:00Z

I just got out of the Force Protection presentation in New York City and I have to say, what a great conference this has been. Being back in the "Big Apple" has been awesome but hearing from FRPT has been even better.

I can't believe how much attention one Company has received. When we first discovered Force Protection, Inc., it was hard to find anyone interested in the company and now everyone wants a piece of them. The demand for their vehicles has never been greater and management is keeping up with the orders. What is not to love about this company?

With new contracts from the British Forces as well as the Iraqi National Army, the demand for the "Buffalo" and the "Cougar" armored vehicles has never been greater. Still considered an early stage growth company, 2005 started the real growth. Growing from 16 employees to over 540 and manufacturing facilities increasing to over 500,000 square feet.

The Market for vehicles that could withstand the blasts from "IED'S" was not recognized early. Force Protection has addressed this market by offering a "Highly Survivable Vehicle" to the market. Meaning, bringing our troops home safely.

All FRPT Vehicles are repairable in the field and are shipped with spare parts. 4 Buffalo's are shipped every month and 20 Cougar's. Now with a need for more vehicles the company continues to ramp up in order to meet demand. With the Military looking to replace the "Hummer" Force Protection will be the vehicle of choice.

There is no direct competitor, especially for the Buffalo and the Cougar seems to be the vehicle of choice. Take a look at the most recent financial statements and you can see for yourself how far the company has come.

I know from what I saw that money managers and investment bankers where blown away by the attention this company received and the potential that awaits. We began covering this stock when it was trading at $2.00 and had many opportunities to take profits, but can't seem to pull the trigger, with so much great news. Remember NASDAQ should be achievable soon and you know what happens then. Look Out!