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FRPT)” hspace=”6″ vspace=”6″ width=”200″ height=”42″ />Investors in Force Protection Inc. (FRPT) were eagerly awaiting the company’s earnings report when the market closed on Monday. After trading in a range between $4.00 and $5.00 for eight months, the company was overdue to report some positive news. The release did not disappoint and by the time the market opened Tuesday morning, buyers were falling all over eachother to get their hands on the stock.

Force Protection is a manufacturer of armored vehicles and other products that increase survival rates on the battle field. With the United States and a number of allies in a sustained war against terror on several fronts, there is significant demand for FRPT’s products. This was made clear as the company announced revenue of $289 million which represents a 21% increase over the fourth quarter last year. Management attributed the increase to modernization, spares, and its sustainment business lines. Offsetting the strength was a lower number of vehicles which were shipped.