Force Protection Provides Additional Information Concerning Participation in Land 121 Competition

Author: Force Protection, Inc.
Publisher: Force Protection, Inc.
Date: 05/27/2010

LADSON, S.C. – May 27, 2010 – Force Protection, Inc. (NASDAQ: FRPT), a leading survivability solutions provider, today provided additional information related to the Australian Government’s Land 121 Phase 4 Project for the Protected Mobility Vehicle – Light (PMV-L) prototype (“Land 121”).

Yesterday the Company announced that its Ocelot light protected patrol vehicle has been down-selected by the Australian Government to compete in the Land 121 competition. Ocelot was offered for the competition through Force Protection’s subsidiary, Force Protection Europe, LTD.

There are six entities remaining in the Land 121 competition, including Force Protection Europe, LTD. Three of the entities are from the current US Joint Light Tactical Vehicle program, which is also working on the development of protected mobility vehicle prototypes.

The Australian Government has announced the Land 121 competition could lead to a manufacturing contract for up to 1,300 vehicles. Force Protection currently expects a final decision from the Australian Government will come no earlier than 2011.

About Force Protection, Inc.
Force Protection, Inc. is a leading designer, developer and manufacturer of survivability solutions, including blast- and ballistic-protected wheeled vehicles currently deployed by the U.S. military and its allies to support armed forces and security personnel in conflict zones. The Company’s specialty vehicles, including the Buffalo, Cougar and related variants, are designed specifically for reconnaissance and urban operations and to protect their occupants from landmines, hostile fire, and improvised explosive devices (IEDs, commonly referred to as roadside bombs). The Company also develops, manufactures, tests, delivers and supports products and services aimed at further enhancing the survivability of users against additional threats. In addition, the Company provides long-term life cycle support services of its vehicles that involve development of technical data packages, supply of spares, field and depot maintenance activities, assignment of highly-skilled field service representatives, and advanced on and off-road driver and maintenance training programs. For more information on Force Protection and its products and services, visit www.forceprotection.net.

Safe Harbor Statement
This press release 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 Protection’s management, and on information currently available to management. These forward looking statements include, among other things the growth, demand and interest and demand for Force Protection’s vehicles, including the Ocelot vehicle; expectations for future contracts for the Ocelot the benefits; and suitability of the Ocelot; the rate at which the Company will be able to produce these vehicles; the ability to meet current and future requirements the Company’s execution of its business strategy and strategic transformation, including its opportunities to grow the business; and the Company’s 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 the Company 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, ability to effectively manage the risks in the Company’s business; the ability to develop new technologies and products and the acceptance of these technologies and products; the other risk factors and cautionary statements listed in the Company’s periodic reports filed with the Securities and Exchange Commission, including the risks set forth in the Company’s Annual Report on Form 10-K for the year ended December 31, 2009 and as updated in the Quarterly Report on Form 10-Q for the quarter ended March 31, 2010.

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