Posts Tagged ‘logistics management military vehicles’

Force Protection Europe launches unique logistics management system for military vehicles

Wednesday, June 23rd, 2010

- Visit us at DVD in the Off Road area, stand no OR-04, for a demonstration -

Force Protection Europe will be showcasing a ground-breaking logistics management system, specially designed for the needs of military vehicles, during DVD from 23 to 24 June (Stand no OR-04). Currently, most logistics management packages have been created to meet the needs of the commercial and military aviation sectors and the ground vehicles market has been awaiting an appropriate solution.
Known as Karrus, the system is a comprehensive closed-loop logistics software management suite with unprecedented capability to optimise life cycle support, increase operational availability and minimise costs.

Easy to learn, easy to use and inexpensive to populate, Karrus analyses complex logistics data, instantly providing the information needed to answer a diversity of key strategic and tactical questions. What parts are needed and how many should we stock? What is our current fleet availability? What repair policy should we adopt for our fleet? How much will it cost to run our fleet for the next 10 years? Addressing issues such as these used to take hours of manual labour, but all that has changed with the arrival of Karrus.

Using input from sources such as deployed Field Service Representatives, Karrus provides a snapshot of fleet status and health, analysing every component to enable informed evaluations and assessment to be made. Available data includes the performance history of components and their ‘repair, replace, stock’ categorisation.

Force Protection Europe Ltd’s Managing Director, David Hind, said: “Military fleet operators around the world have been searching for a system like this. It will radically reduce the man hours devoted to logistics information management, enabling important decisions to be made more quickly and efficiently. It will also help ensure that logistics teams have total clarity of their stock holding and needs, thus cutting down on areas such as over ordering. We have tested the system on our own fleet and it has proven its worth very quickly.”

The system will be promoted on a global basis, including in the United States by Force Protection Europe’s parent company.

Paul Kovarovic, Senior Vice President, Force Protection Industries, Inc., said: “Controlling the ever-changing flow of logistics data and the resulting analysis is complex, but it is also vitally important, especially in these days of budget constraints. The Karrus set of modular logistics tools brings to the ground vehicle sector the levels of access to information previously only available to aviation support.”

ENDS
For further information please contact Victoria Bailey at CMS Strategic on +44 (0)208 748 9797 or at victoria.bailey@cmsstrategic.com

Background information:
Force Protection Europe Ltd (FPE) is a wholly owned subsidiary of Force Protection Industries, Inc. (FPII) - the world’s leading provider of survivability solutions. FPII’s Buffalo and Cougar MRAP vehicles (in service with the British Army as Mastiff, Ridgback and Wolfhound) are acknowledged globally as providing the highest levels of blast protection. FPE has been established to create a UK leader in the provision and sustainment of survivability solutions based on tactical wheeled vehicles. www.forceprotection.net

Force Protection, Inc. Safe Harbor Language
This press release contains forward looking statements that are not historical facts, including statements about our beliefs and expectations. These statements are based on beliefs and assumptions of Force Protection Inc.’s management, and on information currently available to management. These forward looking statements include, among other things: the growth and demand for Force Protection Inc.’s products, including the Karrus Logistics Management System; the benefits and suitability of Karrus; the ability to meet current and future requirements; and the Company’s expected financial and operating results, including its revenues and cash flow, for future periods. Forward-looking statements speak only as of the date they are made, and the Company undertakes no obligation to update any of them publicly in light of new information or future events. A number of important factors could cause actual results to differ materially from those contained in any forward-looking statements. Examples of these factors include, but are not limited to, the ability to effectively manage the risks in the Company’s business; the ability to develop new technologies and products and the acceptance of these technologies and products; the ability to obtain and complete new orders for its vehicles and products; and other risk factors and cautionary statements listed in the Company’s periodic reports filed with the Securities and Exchange Commission, including the risks set forth in the Company’s Annual Report on Form 10-K for the year ended December 31, 2009 and Quarterly Report on Form 10Q for the quarter ended March 31, 2010.