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$2.39 -0.13 (-5.16%)
10/7/2008 3:45 PM

Force Protection, Inc. (FRPT)

CAPS Rating:
***

The Company and its subsidiaries design, manufacture and market blast and ballistics armored vehicles for sale to military customers.

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Avatar christ4me (< 20) Submitted: 9/22/06 5:05 PM : Outperform Start Price: $8.90 FRPT Score: -49.42

Force Protection makes armored vehicles to carry troops and move roadside bombs. They have virtually no competition. The military has used their vehicles and was very pleased with them. They have ordered vehicles and are building a case to order more as replacements of existing unprotective vehicles. The management is good and have been hiring retired military officers to help lead the company. It will be very difficult for members of congress to vote against purchasing vehicles that protect troops.

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