ThursdayMay 31, 2007 4:04 pm

Quantum (QTWW) Stocks Rise after News of Contract

Stocks for Quantum Fuel Systems Technologies Worldwide Inc. (Nasdaq: QTWW) jumped 22 percent today after the company announced it had been awarded a contract by Force Protection Inc. (Nasdaq: FRPT), manufacturer and developer of Mine-Resistant Ambush Protected (MRAP) vehicles for the military.According to the press release, Quantum will provide Force Protection with engineering design and production support on the latter's vehicles, including prototype vehicle builds and manufacturing process development. As a fully integrated alternative energy company and a leader in power-train engineering, system integration, and fuel system manufacturing, Quantum is well-suited for dealing with the project. "We are pleased to…

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