LADSON, S.C. -- Force Protection, Inc.announced that it has received a new definitized firm fixed price contract modification for service and support, including spare parts, of its Mine Resistant Ambush Protected Vehicles with a value of approximately $41.8 million.

This order modifies the M67854-07-D-5031 MRAP contract with Marine Corps Systems Command and deliverables under the modification are expected to run through 2009. A portion of the work under this contract modification may be performed by General Dynamics Land Systems pursuant to the terms of the workshare allocation set forth in the agreement between the parties dated December 15, 2006.

Michael Moody, Chairman and Chief Executive Officer of Force Protection, commented, “As the MRAP program enters into a more robust support and sustainment phase, we are pleased that the United States Marine Corps continues to look to us to perform this important service work on our fleet of vehicles.”

Force Protection
10.10.2008