UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): April 4, 2011
FORCE PROTECTION, INC.
(Exact name of registrant as specified in its charter)
Nevada |
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001-33253 |
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84-1383888 |
(State or other jurisdiction |
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(Commission |
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(IRS Employer |
of incorporation) |
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File Number) |
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Identification No.) |
1520 Old Trolley Road Summerville, South Carolina |
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29485 |
(Address of principal executive offices) |
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(Zip Code) |
Registrants telephone number, including area code: (843) 574-7001
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 1.01. Entry Into A Material Definitive Agreement.
On April 1, 2011, Force Protection, Inc. (Force Protection or the Company) was awarded through its wholly-owned subsidiary, Force Protection Industries, Inc., a contract modification under its contract M67854-11-C-5063 with the United States Marine Corps Systems Command with an approximate value of $46.6 million. The award is a Foreign Military Sale for 40 Program of Record (POR) Buffalo Mine Protected Clearance Vehicles. All work under this modification will be performed in Ladson, SC and is expected to be completed by September 30, 2011.
Item 8.01. Other Events.
On April 6, 2011, Force Protection issued a press release announcing the April 1, 2011 contract modification from the U.S. Marine Corps System Command. A copy of the press release issued on April 6, 2011 is attached as Exhibit 99.1 to this Current Report on Form 8-K and incorporated herein by reference.
This Current Report on Form 8-K contains forward looking statements that are not historical facts, including statements about our beliefs and expectations. These statements are based on beliefs and assumptions of Force Protections management, and on information currently available to management. These forward looking statements include, among other things: the growth, demand and interest for Force Protections services and vehicles, including the Buffalo; the benefits and suitability of the Buffalo, including related survivability enhancements; the ability to meet current and future requirements, including expected work completion dates; the Companys execution of its business strategy and strategic transformation, including its opportunities to grow the business; and, the Companys expected financial and operating results, including its revenues, cash flow and gross margins, for future periods. Forward-looking statements speak only as of the date they are made, and Force Protection undertakes no obligation to update any of them publicly in light of new information or future events. A number of important factors could cause actual results to differ materially from those contained in any forward-looking statements. Examples of these factors include, but are not limited to, the ability to effectively manage the risks in Force Protections business; the ability to develop new technologies and products and the acceptance of these technologies and products; the ability to obtain new orders for its vehicles and products; and the other risk factors and cautionary statements listed in Force Protections periodic reports filed with the Securities and Exchange Commission, including the risks set forth in Force Protections Annual Report on Form 10-K for the year ended December 31, 2010.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
Exhibit |
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Description |
99.1 |
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Press Release entitled Force Protection Receives $46.6 Million Award for Delivery of 40 Buffalo Vehicles |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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Force Protection, Inc. |
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(Registrant) |
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Date: April 8, 2011 |
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/s/ John F. Wall, III |
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(Signature) |
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Name: John F. Wall, III |
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Title: Senior Vice President, Assistant General Counsel and |
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Corporate Secretary |