Freshpet (NASDAQ:FRPT)
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From May 2019 to May 2024
Force Protection, Inc. (NASDAQ: FRPT) today announced that it has
received a modification under contract M67854-07-C-5039 for the delivery
of 14 of its Buffalo A2 route-clearance vehicles and 34 of its Cougar
vehicles to the Canadian Government. The undefinitized contract
modification carries a dollar value not to exceed $49.4 million and
includes vehicles, spare parts and field support. The vehicles are
scheduled for delivery in 2009.
This represents the second order for Force Protection vehicles by the
Canadian Government. In 2007, Force Protection delivered five Buffalo
and five Cougar vehicles for the Canadian Expeditionary Force Command.
Michael Moody, Chairman and Chief Executive Officer of Force Protection,
stated, “Our NATO allies continue to face threats from roadside bombs,
landmines and many other types of improvised explosive devices. We are
delighted that the Canadian military will be receiving this life saving
equipment for use in supporting their operations in the global war on
terror. This order further solidifies our belief that the Cougar and
Buffalo are proving to be the most survivable, sustainable vehicles on
the battlefield. We are very pleased that the Canadian government has
chosen to procure additional vehicles from Force Protection.”
About Force Protection, Inc.
Force Protection, Inc. is a leading American designer, developer and
manufacturer of life saving survivability solutions, predominantly
ballistic- and blast-protected wheeled vehicles currently deployed by
the U.S. military and its allies to support armed forces and security
personnel in conflict zones. The Company’s specialty vehicles, the
Cougar, the Buffalo and the Cheetah, are designed specifically for
reconnaissance, forward command and control, and urban operations and to
protect their occupants from landmines, hostile fire, and improvised
explosive devices (IEDs, commonly referred to as roadside bombs). The
Company also is the developer and manufacturer of ForceArmor™ an armor
package providing superior protection against explosively formed
projectiles (EFPs) now available for a wide range of tactical-wheeled
vehicles. The Company is one of the original developers and primary
providers of vehicles for the U.S. military’s Mine Resistant Ambush
Protected, or MRAP, vehicle program. For more information on Force
Protection and its vehicles, visit www.forceprotection.net.
Safe Harbor Language
This press release contains forward looking statements that are not
historical facts, including statements about our beliefs and
expectations are forward-looking statements. These statements are based
on beliefs and assumptions by Force Protection’s management, and on
information currently available to management. Forward-looking
statements speak only as of the date they are made, and we undertake no
obligation to update any of them publicly in light of new information or
future events. A number of important factors could cause actual result
to differ materially from those contained in any forward-looking
statements. Examples of these factors include, but are not limited to,
our ability to fulfill the above described order on a timely basis, our
ability to effectively manage the risks in our business; the reaction of
the marketplace to the foregoing; and other risk factors and cautionary
statements listed in the Company’s periodic reports filed with the
Securities and Exchange Commission, including the risks set forth in the
Company’s 2007 Annual Report on Form 10-K for the year ended December
31, 2007.