Marines Recall Combat Vests After Tests

[JRob]

Isn't this nice...

Marines Recall Combat Vests After Tests
Associated Press
May 10, 2005

WASHINGTON - The Marine Corps is recalling 5,277 combat vests issued to troops in Iraq, Afghanistan and Djibouti after a newspaper article raised concerns that they failed a test to determine whether they could stop a bullet.

The Marines said in a statement they are recalling the vests to alleviate any doubts caused by a Marine Corps Times article published Monday, but service officials insisted they do not believe the vests are faulty.

http://www.military.com/NewsContent/0,13319,FL_vests_051005,00.html

[havocmom]

1. Bet the vendor has already cashed the DOD checks

And the CEO probably has a 'Support the troops' bumper sticker.

Any bets about whether the vests reappear after the ruckus dies down?

[norml]

2. Here's my LBN thread on this.

http://www.democraticunderground.com/discuss/duboard.php?az=show_mesg&forum=102&topic_id=1455675&mesg_id=1455675

[Ian David]

3. Point Blank Body Armor / DHB Industries

About DHB Industries Incorporated

DHB Industries Inc.'s Armor Group is a provider of body armor to the military, law enforcement and federal agencies.

Its subsidiaries, Point Blank Body Armor, Inc. (http://www.pointblankarmor.com) and Protective Apparel Corporation of America (PACA) (http://www.pacabodyarmor.com) are focused on the design, manufacture, and distribution of bullet resistant and protective body armor for military, law enforcement, and corrections in the U.S. and worldwide.

DHB Armor Group's customers include the U.S. Army, Air Force, Navy, Marines, Coast Guard, Secret Service, FBI, DEA, INS, ATF, NATO, U.S. Marshals, the NYC Police Department, the LA Police Department, and the California Highway Patrol.

DHB’s Sports Group (http://www.ndlproducts.com) produces and markets a comprehensive line of athletic supports and braces, which are merchandised through national superstore chains including Wal-Mart, Walgreen’s, Long’s Drug Store, Target and Meijer, as well as private label distributors such as Amerisource, Bergen and Cardinal Health.

DHB maintains facilities in Westbury, NY, Pompano Beach, FL, Deerfield Beach, FL, Oakland Park, FL, Jacksboro, TN, and Arlington, VA.

To learn more about DHB Industries, Inc., visit the website at http://www.dhbindustries.com.


I'm working on research at OpenSecrets.org

Anyone wanna help?

http://www.opensecrets.org/indivs/index.asp



DHB Industries Inc (DHB)
http://finance.yahoo.com/q?s=DHB


DHB Industries Inc
400 Post Avenue, Suite 303
Westbury, NY 11590
Phone: [phone]
Fax: [phone]
Email: [email protected]
Web Site: http://www.dhbt.com/

OFFICERS
David Brooks
Chairman, Chief Exec. Officer

Larry Ellis
Pres, Director

Dawn Schlegel
Chief Financial Officer, Treasurer, Sec., Director

Sandra Hatfield
Chief Operating Officer

Ishmon Burks,
Exec. VP, Communications(Investor and Media Relations)



View Insiders
http://finance.yahoo.com/q/it?s=DHB


WFT is "Like a Prayer Trust"?
http://biz.yahoo.com/t/97/5213.html
28-Dec-04 LIKE A PRAYER TRUST (DB)
Chief Executive Officer 330,074 Planned Sale $521,1401


21-Nov-04 PALISADES MASTER FUND LP
33,333 Planned Sale $600,0001
http://biz.yahoo.com/t/53/4823.html

More Insider transactions:
http://finance.yahoo.com/q/it?s=DHB



From the Yahoo Message board:

Ask about the Insider Selling in Nov/De
by: jlc19482005 05/10/05 04:50 pm
Msg: 199603 of 199631

I hope the analysts tear into Brooks today.

Ask about Terry getting too sweet a deal and the $2M brooks charged on corporate credit card and his $2M bonus and 750K $1 options each year.

Ask when he is leaving?

Ask if there are suitors? Why the visit from AH?

What about Dawn and the lack of sound accounting about the inventory and the need for the forensic Accounting firm...

Ask the big questions while Brooks in the audience.

More:
http://finance.messages.yahoo.com/bbs?.mm=FN&action=m&board=1601910385&tid=dhb&sid=1601910385&mid=199603&thr=199579&cur=199579&dir=d


See also:

Marines Recall Combat Vests After Tests
Re: Marines Recall Combat Vests After Te
by: hello_bagholders
Long-Term Sentiment: Strong Sell 05/10/05 04:57 pm
Msg: 199638 of 199649

That was why insiders dumped most of their shares last Nov-Dec. They knew the shit was hitting the fan. This is a real nice group of criminals running the asylum

More:
http://finance.messages.yahoo.com/bbs?.mm=FN&action=m&board=1601910385&tid=dhb&sid=1601910385&mid=199638&thr=199626&cur=199626&dir=d

[Prisoner_Number_Six]

4. I wonder if the unnamed "service officials" would be willing to

don one of the rejected vests and allow someone with a 9 mil take a few shots at them as they stand in front of a news camera?

I'm betting the answer to that would be a "no"...