In an effort to save $40 million a year, Force Protection has a new strategy that will not require as many workers. In effect, 120 workers, or 10 percent of the work force, are expected to be laid off.
The Post and Courier of Charleston reports the Ladson-based company is planning to diversify, which includes support and maintenance services for its armored vehicles, many of which are used in combat zones in Iraq. In addition, Force Protection also has specific accessories that will allow the vehicles to withstand more powerful explosions.
The company lost recent bids of lighter-weight vehicles that would have helped the vehicles navigate through rocky Afghanistan terrains.