Force Protection, Inc. · Ladson, SC United States ·(NASDAQ (CM): FRPT)
Company Description
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Force Protection's vehicles protect military forces from blast forces. The company makes armored land vehicles designed to protect troops from landmines, bombs, and hostile fire. Force Protection's products include the 22-ton Buffalo, which is designed for mine-clearing operations, and the Cougar, a lighter-weight vehicle with similar armoring that can be used for route clearance support, urban patrol, and other activities. The Cheetah is the smallest of the company's offerings. It is used for reconnaissance and other urban operations. While the US Marine Corps is Force Protection's largest single customer, the US Army and friendly foreign governments also purchase military vehicles from the company. To read the full description, subscribe now.
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Key Force Protection, Inc. Financials
| Company Type | Public - NASDAQ (CM): FRPT Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $1,326.3 |
| 2008 Employees | 1,170 |
Force Protection, Inc. Executives
26 executives listed for Force Protection, Inc.'s Ladson, SC location.
| Title | Name & Bio | Contact |
| Chairman, President, and CEO | Michael Moody | Network |
| EVP Operations | Daniel Busher | Network |
| CFO | Charles Mathis | Network |
Competition
Competitive Landscape for Force Protection, Inc.
Demand is driven by the US military budget, which typically changes with perceived threats to US national security. The profitability of individual companies depends on the effective management of subcontractors and raw materials costs and technological expertise. Large companies enjoy economies of scale in design, manufacturing, and purchasing. While small companies often introduce innovation, large companies are often able to adapt more quickly to the evolving demands of modern warfare. Small companies can compete by providing niche products to prime contractors, and by forming joint ventures with larger contractors. The industry is capital-intensive: average annual revenue per employee is about $350,000. To read the full description, subscribe now.Top Force Protection, Inc. Competitors
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