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Point Blank settles body armor suit with DoJ

In yet  another indication that our military procurement process is out of control is the news that Point Blank – who makes much of the body armor vests worn by our military –  has finally settled a long-standing suit with the Department of Justice.

According to a news release cited by Thomson Reuters, “The government asked for “tens of millions” of dollars in penalties and damages, saying that from 1999 to August of 2005 the company knew or disregarded ...

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What Budget Cuts? Massive Military Trade Show in DC

The Washington Post reports on a 

Key Highlights:

  • Walk around the trade show floor and you’ll find the usual big-name defense contractors at their booths. BAE had outfitted an MRAP (mine-resistance, ambush protected vehicle) into an ambulance. Not far away, SAIC showed off a software system that can use “avatars” to train soldiers on the customs of foreign cultures.  Passersby marveled at the heavy doors and wheels of three gigantic armored trucks and vehicles brought in by Oshkosh Defense of ...
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Military Body Armor Supplier Files for Bankruptcy

Point Blank Solutions Inc.,  who claims to be the leading manufacturer of body armor,  filed for bankruptcy protection on April 14, 2010.   Citing Court filings, Reuters reports that the Florida-based (Pompano Beach) company “supplies more than 80 percent of the U.S. military’s soft body armor vest requirements . . .”  

Claiming mounting legal bills in the trial of former CEO David Brooks – currently on trial in New York for securities fraud and other related crimes – Point Blank Inc. and three affiliates ...

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Point Blank Body Armor and Dragon Skin

by Nathanial R. Helms

A complete suit of Dragon Skin armor, at more than $5,000 per copy, currently costs about five times as much as Interceptor OTV body armor being issued to the troops. Inceptor armor is primarily produced by two giant companies, Armor Holdings Corporation, the current darling of the Defense Department that has more government contracts than a junk yard dog has fleas, and Point Blank Body Armor, the flagship company of DHB Industries that is currently in the ...

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