Force Protection Inc. (FRPT) Business in Service of Our Armed Forces
The company has been slapped with a class action suit. It has failed to meet delivery schedules due to a cash crunch, and has failed to meet reporting deadlines because of accounting lacunae. In addition, the Chief Executive left. Yet it is a stock to consider owning. Force Protection is in the business of making vehicles that can stand up to land mines and explosive devices used by terrorists. It serves the United States Department of Defense, with vital roles in protecting our men and women in uniform. It is a key member of the Aerospace & Defense Industry, which…