OREANDA-NEWS. On March 16,2007 Force Protection, Inc. (Nasdaq: FRPT) - the leading protective vehicle manufacturer, announced results for the fourth quarter and year ended December 31, 2006. For the year ended December 31, 2006, the Company's net sales totaled $196 million. Net income was $18,2 million or $0,39 per diluted share, reported the press-service of Force Protection, Inc. In the fourth quarter of 2006, the Company's net sales totaled $62,9 million. Net income was $17 million or $0,32 per diluted share during the fourth quarter of 2006.

Gordon McGilton, Chief Executive Officer of Force Protection, said, "2006 has been a milestone year in the history of Force Protection. It is the first year of profitability and a year of tremendous growth. With the completion of a $152,75 million equity offering, the appointment of several independent Board members, and the NASDAQ Stock Market listing, the Company is able to handle the rapid expansion and accommodate the continuing demand of our vehicles. We continue to focus on expediting deliveries through the efficient use of our production facilities and the collaboration of other defense industry leaders with whom we have partnered. Our mission is to produce vehicles that protect and save lives and we are  committed to ensuring that those vehicles are available to protect our troops in a timely manner".