April 10 (Reuters) - Shares of Force Protection Inc (FRPT.O: Quote, Profile, Research) rose more than 8 percent on Thursday, a day after the armored vehicle maker said the U.S. Defense Department approved the sale of its mine-resistant vehicles worth $125 million to Britain. The British government had requested the sale of 157 mine-resistant ambush protected (MRAP) Cougar vehicles built by the company for its troops in Iraq and AfghanistanThe Brits seem quite taken with the Cougar/Mastiff. The shift of the U.S. armed forces to the Caiman, MaxxPro and RG-33 has been a nice coincidence for our allies across the pond, since delivery on their order will likely accelerate as a result.
(Reuters)
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