Force Protection contracts with Hungarian government

SCBIZ Daily
Staff
April 8, 2009

Force Protection Inc. announced that the Hungarian Ministry of Defence has ordered three Cougar vehicles at a total value of $1.3 million. The contract calls for delivery of vehicles, spare parts and training by June.

The contract further expands Force Protection’s customer base and comes a day after the announcement of a contract with the UK Ministry of Defence. That $122.6 million award went to a joint venture between Force Protection and NP Aerospace Limited, based in Coventry, England.

“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 further demonstrates our capability to enter into commercial agreements with appropriate foreign governments,” Force Protection CEO Michael Moody said.

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