KVH Receives $1.3 Million Order for TACNAV Military Navigation Systems
By: Daniel Chubb | September 17, 2008 | Leave a CommentMIDDLETOWN, R.I., Sept. 17 /PRNewswire-FirstCall/ — KVH Industries, Inc., (NASDAQ:KVHI) announced today that it has received a new contract from a southeast Asian customer for the purchase of KVH’s TACNAV(R) military vehicle navigation systems and displays. The contract has a total value of approximately $1.3 million with shipments starting in late 2008 and extending into early 2009.
“This new order reaffirms the international interest in and the versatility of our TACNAV systems when used by U.S. and allied warfighters. TACNAV systems support applications in a wide range of demanding military environments, including vehicle navigation and integration with digital battlefield management systems. This order also builds upon our existing multi-year backlog of TACNAV orders and illustrates the continuing value of this product line to KVH,” explained Dan Conway, vice president of business development for KVH Industries.
KVH’s TACNAV military vehicle navigation systems provide unjammable, precision navigation, heading, and pointing data for vehicle drivers, crews, and commanders. TACNAV can also serve as a link between each vehicle and the overall digital battlefield, making each unit a node in a secure military network that consolidates a wide range of tactical data to provide detailed information to individual units and military commanders.
TACNAV systems are currently in use on U.S. and allied vehicles participating in ongoing operations in Iraq and elsewhere. Military forces fielding TACNAV include the U.S. Army and Marine Corps, as well as many allied customers, among them Canada, Sweden, Great Britain, Germany, Spain, Australia, New Zealand, Saudi Arabia, Taiwan, Malaysia, Switzerland, and Italy.
Visit tacnav.com for complete details regarding KVH’s defense navigation and guidance products.
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