UPDATE 1-Force Protection shares slump on weak MRAP order

Newswire

(Adds analyst comments, details, share movement) BANGALORE, Dec 19 (Reuters) - Shares of Force Protection Inc fell 22 percent after the maker of ballistic and mine-protected vehicles received only a small share of the $2.6 billion orders given by the U.S. Pentagon under the Mine Resistant Ambush Protected (MRAP) vehicle program. The orders indicated that Force Protection's participation in further MRAP orders may be limited, Dougherty & Co analyst Joe Maxa wrote in a research note. ...

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