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Force Protection gets $42.5 million Marines deal



By AP
08 July 2008 @ 06:15 pm EST

NEW YORK - Armored vehicle maker Force Protection Inc. said Tuesday that it received a $42.5 million contract boost from the Marine Corps Systems Command to provide spare parts and support for its previously ordered mine-resistant ambush protection vehicles.

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Work is scheduled to be completed by December 2009.

Shares of Force Protection rose 29 cents, or 9.2 percent, to close at $3.43. The stock has ranged from $1.03 to $25.25 over the past year.

Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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