$2.92 -0.13(-4.3%)
Thu Nov 20 14:01:00 EST

Force Protection, Inc. (NASDAQ : FRPT)

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FRPT houa0001
Target » 29.00 50.0% Jul 21
Final » 3.52 81.8% Ended

 Force Protection has seen its stock skyrocket from $5 to as high as $30 in the past 12 months due to the increased importance of the Mine Resistant Ambush Protected vehicle program (MRAP). The high casualties in Iraq and Afghanistan due to more and more sophisticated Improvised Explosive Device have made the MRAP the foremost priority of the Department of Defense today and delivering those life saving vehicles quick enough has been a major issue. Lately the stock has seen downward pressu...

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FRPT houa0001
Target » 22.00 14.8% Apr 5
Final » 24.26 26.6% Ended

Force Protection manufactures ballistic and blast protected vehicles. Currently in use in Iraq, the vehicles have proven to be highly effective as no soldier has ever died riding one of those vehicles to date. This is due in large part to the inverted triangle shape of the bottom of the vehicle which directs most of the energy and debris of the blast away from the occupants of the vehicle unlike the flat bed of the more common Humvees. The much needed vehicles Buffalo and Cougar are currently ...

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