Monday, February 11, 2008

Problems at Protected Vehicles deepen

MRAP builder Protected Vehicles Inc. of North Charleston, SC has filed for Chapter 11. Protected Vehicles was founded by Garth Barrett, a former Force Protection executive.

In July, Force Protection, of Ladson, SC, launched a suit claiming, among other things, computer fraud and misappropriation of trade secrets.

Of course the Marine Corps announced in December '07 that they were drastically cutting back on MRAP purchases and looking toward the JLTV.

Protected Vehicles and Rafael had developed the GOLAN MRAP platform.

Sources: Various
Photo: Protected Vehicles

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