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FRPT

Started by stocktrader2k6, November 01, 2005, 11:13:18 AM

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Terliso


Terliso

FRPT reach my target @ 1.70.... i sold early... but no regrets better than nothing ;)

wrangler

Recent news for FRPT
2006-02-08  See all News
08:10:01 - Wednesday   

Force Protection, Inc. Confirms $21 Million Contract for Buffalo Armored Vehicles; First Delivery Order for Route Clearance Defined and Received

Business Editors / Defense Writers

LADSON, S.C.--(BUSINESS WIRE)--Feb. 8, 2006--
The U.S. Army has issued an initial order to Force
Protection, Inc. (OTCBB:FRPT) for approximately 19 Buffalo mine
clearance vehicles to be used in Iraq and Afghanistan, the company
announced today. The order for vehicles, training and field support is
the first given under a procurement contract and is worth an estimated
$21 million.
"We are encouraged by this order and the fact that it has come so
quickly after the procurement contract was announced," said Force
Protection CEO Gordon McGilton. "This is a clear indicator that the
critical need for the Buffalo continues to increase, and we will
respond accordingly by delivering the first vehicles to the Army in
the next 30 days."
The Buffalo was first deployed with the Army Corps of Engineers in
2003. This is the first time, however, that the Army's Tank-automotive
and Armaments Command in Warren, Michigan has placed an order.
"Force Protection has the necessary infrastructure in place to
meet customer requirements for both the Buffalo and Cougar series,"
said McGilton. "The processes and resources are unique to each
vehicle. We will be able to maximize already-existing Buffalo
production cells while moving forward on expansion of multiple Cougar
production lines. These distinctions are necessary due to the
dramatically larger market represented by Cougar and its multiple
configurations."
Since its inception in 1997, Force Protection has become the
nation's leading center for research against IEDs and blast protection
technology.

About Force Protection

Force Protection, Inc. manufactures ballistic- and mine-protected
vehicles through its wholly owned subsidiary. These specialty vehicles
are protected against landmines, hostile fire, and Improvised
Explosive Devices (IEDs, commonly referred to as roadside bombs).
Force Protection's mine and ballistic protection technology is among
the most advanced in the world. The vehicles are manufactured outside
Charleston, S.C.
For more information on Force Protection
wrangler

la-onda

FRPT: Hits February Production Goals

Wednesday, March 01, 2006 08:52 ET

Force Protection, Inc. (FRPT) announced it has met production objectives for the month of February. The company, which supplies blast- and ballistic-protected vehicles to all branches of the U.S. armed forces, delivered 15 Cougar Joint Explosive Ordnance Disposal Rapid Response Vehicles (JERRVs) to the government in February alone. To date, Force Protection has delivered 28 vehicles since the beginning of the year.

"We have systematically built a foundation to support the increasing demand for our vehicles," said CEO Gordon McGilton. "Our objective is to meet the requirements of an assembly-line manufacturer. We know that the ability to meet higher production volumes is important to our customers. We believe it additionally demonstrates that our expanded plant capacity is ready for higher volume, follow-on orders. The steadily improving production numbers since fall of last year clearly show that this objective is being accomplished."


Terliso

Second round & second profit coming up :D ;D

Terliso

Heavy Volume!! Heavy Volume...Breakout!!...Breakout!!..
50 Million Contract for armored vehicle ;) http://finance.yahoo.com/q?s=FRPT.OB
Price went up above 50(SMA)

Stocky2000

Terlisa great chart!

I found this also...and jumped in today... ;)

Terliso

Quote from: ket1390 on May 04, 2006, 11:41:30 AM
Terlisa great chart!

I found this also...and jumped in today... ;)

1) Chart is looking pretty good & I like it very much ;)
2) Price is above moving averages...VERY BULLISH
3) Volume for YESTERDAY & TODAY that's the RECORD Volume for FRPT ----> something is cookin'.....
4) Golden Cross ---> first week of March ;)

FRPT up 5.11% today

Terliso

My armored vehicle stock is currently up 9.72%

Terliso


Terliso

It's now up 13.03%

It's very hard to decide when to take profit especially when EMA(200) WALL is hovering above @ 3.05

Terliso



Terliso

Ohh man... this is great break the resistance EMA(200) ..I hope it holds

up 22.29%

Terliso

I'm out... looks like it's going back to the WALL EMA(200) ;)

Good trade...