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$4.00 -0.17 (-4.08%)
9/5/2008 4:00 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 costanostra (59.15) Submitted: 4/10/08 9:21 PM : Outperform Start Price: $2.50 FRPT Score: 32.13

Force Protection has come under flack recently (no pun intended) due to some issues with management and various class action lawsuits. They've been criticized in the US but it seems that overseas they are doing well. I would like to see some more contracts from this joint venture in the United Kingdom and possibly in China as they increase military spending. There will be strong demand for armored combat vehicles for years to come. I think management has an opportunity to turn this stock around.

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