Allstocks.com's Bulletin Board Post New Topic  Post A Reply
my profile login | register | search | faq | forum home

  next oldest topic   next newest topic
» Allstocks.com's Bulletin Board » NASDAQ, AMEX, NYSE Stocks » FRCP - Expanding Business - New Govt Contract

 - UBBFriend: Email this page to someone!    
Author Topic: FRCP - Expanding Business - New Govt Contract
Teufelmann
Member


Rate Member
Icon 6 posted      Profile for Teufelmann     Send New Private Message       Edit/Delete Post   Reply With Quote 
5-12-04 18:30(EST) WLTX-TV Columbia, SC news.

Sen. Lindsey Gram endorsing company for (Columbia) - A low country company is now working on a multi-million dollar defense contract to supply armored trucks to the troops overseas.

The armor plated vehicles will protect soldiers from land mines, car bombs, and gunfire. More than 30 of the trucks are already in Iraq and Afganistan and there are more on the way.

Mike Aldrich is with Force Protection, the company that is building these vehilces. "We do have to train crews not to leave the vehicle when attacked. The safest place to be is in our vehicle," he said.

Thanks to the government contract, Force Protection is now hiring abouyt 80 expert welders and metal fabricators to work at their factory near Charleston.

"Do the Due"


IP: Logged | Report this post to a Moderator
SCinFL
Member


Rate Member
Icon 1 posted      Profile for SCinFL     Send New Private Message       Edit/Delete Post   Reply With Quote 
quote:
Originally posted by Teufelmann:
5-12-04 18:30(EST) WLTX-TV Columbia, SC news.

Sen. Lindsey Gram endorsing company for (Columbia) - A low country company is now working on a multi-million dollar defense contract to supply armored trucks to the troops overseas.

The armor plated vehicles will protect soldiers from land mines, car bombs, and gunfire. More than 30 of the trucks are already in Iraq and Afganistan and there are more on the way.

Mike Aldrich is with Force Protection, the company that is building these vehilces. "We do have to train crews not to leave the vehicle when attacked. The safest place to be is in our vehicle," he said.

Thanks to the government contract, Force Protection is now hiring abouyt 80 expert welders and metal fabricators to work at their factory near Charleston.

"Do the Due"



MAY 17
NEWS--Force Protection INc awarded 15 mil contract by US ARmy for Buffalo vehicle per Sen Graham(SC) office. http://wwww.defenselink.mil/contracts/2004/ct20040517.html

Sarah

[This message has been edited by SCinFL (edited May 17, 2004).]


IP: Logged | Report this post to a Moderator
NoMore925
Member


Rate Member
Icon 1 posted      Profile for NoMore925     Send New Private Message       Edit/Delete Post   Reply With Quote 
Undoubtedly there will be a huge run tomorrow. I hope it sustains the run for several days.
IP: Logged | Report this post to a Moderator
Teufelmann
Member


Rate Member
Icon 1 posted      Profile for Teufelmann     Send New Private Message       Edit/Delete Post   Reply With Quote 
Press Release Source: Force Protection, Inc.


Senator Graham's Office Announces Sale of Force Protection's Buffalo Vehicle to U.S. Military
Monday May 17, 4:00 pm ET


CHARLESTON, S.C.--(BUSINESS WIRE)--May 17, 2004--Force Protection, Inc. (OTCBB:FRCP - News) stated today that Senator Lindsey Graham (R-SC) has announced that the U.S. military has signed a contract to purchase 21 Buffalo Mine Protected Clearance Vehicles (MPCVs) from the company's Technical Solutions Group (TSG) subsidiary. A copy of Senator Graham's statement is below.
U.S. Senator Lindsey Graham (R-South Carolina) today announced an
order for 21 Buffalo Mine Protected Clearance Vehicles will be
filled by Technical Solutions Group of Ladson.

The estimate value of the contract, targeted for completion by
years end, is $15.3 million with an initial release of $7.6
million.

"Our men and women in uniform deserve the best equipment and
training available," said Graham. "The Buffalo will help protect
our soldiers from landmines and roadside bombs as they carry out
their duties in Iraq and Afghanistan. It's an important vehicle
helping our soldiers fulfill critical missions.

"As a member of the Senate Armed Services Committee, it's also
particularly satisfying to know that a company with South Carolina
ties is playing a big role in helping win the war on terror."

Graham has been an advocate for additional armed vehicle
protection for U.S. soldiers and Marines in the global war on
terror.

Technical Solutions Group, a subsidiary of Force Protection, Inc., manufactures and markets vehicles designed to both protect troops and equipment as well as to detonate and remove mines. The company combines a proprietary capsule design with American automotive technology to produce vehicles with a high level of protection, visibility, load carrying capacity, interior space and parts availability- all critical qualities in military vehicles.

About Force Protection, Inc.

Force Protection, Inc. manufactures and distributes vehicles that protect and save lives and property. Its subsidiary, Technical Solutions Group, Inc., (TSG) manufactures and markets military vehicles that are protected against landmines, hostile fire, and Improvised Explosive Devices (IEDs, commonly referred to as roadside bombs). The vehicles are manufactured outside Charleston, S.C. For more information visit http://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.

--------------------------------------------------------------------------------
Contact:
Force Protection, Inc.,
Investor Relations, 949-374-4894
investorrelations@forceprotectioninc.com
or
Stearns Johnson Communications
Tim Johnson, 415-397-7600
tjohnson@stearnsjohnson.com



IP: Logged | Report this post to a Moderator
roller
New Member


Rate Member
Icon 1 posted      Profile for roller     Send New Private Message       Edit/Delete Post   Reply With Quote 
Expanding orders manpower and bright future! Contracts will keep rolling in and this company will be on the big borads soon. This is the best penny stock since microsoft!


quote:
Originally posted by NoMore925:
Undoubtedly there will be a huge run tomorrow. I hope it sustains the run for several days.


IP: Logged | Report this post to a Moderator
   

Quick Reply
Message:

HTML is not enabled.
UBB Code™ is enabled.

Instant Graemlins
   


Post New Topic  Post A Reply Close Topic   Feature Topic   Move Topic   Delete Topic next oldest topic   next newest topic
 - Printer-friendly view of this topic
Hop To:


Contact Us | Allstocks.com Message Board Home

© 1997 - 2021 Allstocks.com. All rights reserved.

Powered by Infopop Corporation
UBB.classic™ 6.7.2

Share