Hungarian Ministry of Defense Orders Three Cougar Protected Vehicles
Released on Tuesday, April 07, 2009
Force Protection, Inc. (NASDAQ: FRPT) today announced that the Hungarian Ministry of Defence has ordered three Cougar vehicles. The contract calls for delivery of vehicles, spare parts and training by June 2009. The value of the award totals $1.3 million.
“We are extremely pleased to provide the battle proven Cougar to the Hungarian Ministry of Defence. Cougar’s reputation for providing survivability to its occupants is certainly world renowned. This award is important to Force Protection in that part of our long term strategy is to continue to grow our customer base. This award further demonstrates our capability to enter into commercial agreements with appropriate foreign governments,” said Michael Moody, Chief Executive Officer of Force Protection.
Source: Hungarian Military Orders Force Protection Cougar Vehicles
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