Force Protection wins $185.9 million for 167 Buffalo vehicles, 102 bar armor kits

LADSON, S.C., 5 Nov. 2011. Force Protection Industries Inc., a Force Protection Inc. (NASDAQ:FRPT) group company, gained a firm fixed price modification to an existing contract (W56HZV-08-C-0028) from U.S. Army Contracting Command in Warren, Mich. The contract, valued at $185.9 million, buys an additional 167 Buffalo A2 Mine Protected Clearance Vehicles and 102 Buffalo A2 Bar Armor Kits. Work is to be performed in Ladson, S.C., with deliveries extending to April 2014.

"By securing Full Material Release and authorization to proceed to Full Rate Production, the Buffalo has achieved additional significant milestones on the path to achieving formal Program of Record status within the U.S. Army's installed fleet of vehicles," Michael Moody, chairman and chief executive officer at Force Protection, says.

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