I got this article from Jonathan..thanks guy!
~Provides Increased Visibility to 2011 Full Year Vehicle Revenue Outlook~
LADSON, S.C., April 21, 2011 /PRNewswire/ -- Force Protection Industries, Inc., a FORCE PROTECTION INC. (NASDAQ: FRPT) group company, today announced it has received a $27.4 million sub-contract from Integrated Survivability Technologies Limited ("IST") for the delivery of 47 Cougar Mastiff vehicles to the United Kingdom Ministry of Defence ("U.K. MoD"). IST is a joint venture between Force Protection Europe Limited, a subsidiary of Force Protection Industries, Inc., and NP Aerospace Limited, a subsidiary of The Morgan Crucible Company plc. Work under this sub-contract will be performed in Ladson, South Carolina, and is scheduled to be completed by December 31, 2011.
This falls under the category of WTF!
British involvement is suppose to be winding down in Afghanistan. They already have a vehicle issue (as in too many different types) and its a little late in the game to be adding additional heavy MRAPs that will have limited utility in other war zones.
If this is an example of the course of defense spending in the UK, then I must amend my complaint about the retirement of the Harriers. It wasn't foolish. It was criminal.
