Fountain's Defense Business Grows.WASHINGTON, N.C.--(BUSINESS WIRE)--Aug. 30, 1999-- Fountain Powerboat Industries, Inc. has experienced recent growth with new government orders and future partnerships since forming its Defense Operations Division in September 1998. This segment of the Company is starting to show growth from the recent partnerships developed by Steven B. Seigel, Director of Defense Operations. These efforts include an initial order of approximately $1M from the United States Coast Guard United States Coast Guard U.S. military service that enforces maritime laws. It is under the jurisdiction of the Department of Homeland Security; in wartime it functions as part of the U.S. Navy. The Coast Guard enforces federal laws on the high seas and waters within U.S. for a Ship Based Deployable Pursuit Boat (DPB DPB - /d*-pib'/ The PDP-10 instruction "DePosit Byte" that inserts some bits into the middle of some other bits. Hackish usage has been kept alive by the Common LISP function of the same name. ), a high performance Rigid Inflatable Boat An inflatable boat is a lightweight boat constructed with its sides and bow made of flexible tubes containing pressurised gas. For smaller boats, the floor and hull beneath it is often flexible. (RIB) with options for future orders. Additionally, an award has been received for the design and production of transportable/universal gun mounts (using Fountain's high strength, low weight production technology) from the United States Special Operations Command The United States Special Operations Command (USSOCOM or USSOC) is the Unified Combatant Command charged with overseeing the various Special Operations Commands (SOC or SOCOM) of each branch of the U.S. military. The command is part of the U.S. . Also, new awards are being finalized with United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. Customs for a number of utility and interceptor vessels. There are several other areas of Defense Partnership the Company has initiated with other government defense segments that are expected to be finalized in the coming months. These new relationships are expected to bring joint defense projects to the Company. |
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