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Stock Market & Financial Investment News

News Breaks
May 15, 2014
07:34 EDTKVHIKVH Industries receives $5.2M order for military navigation systems
KVH Industries announced that it has received a new order for its TACNAV tactical navigation systems for use by an international military customer in an armored vehicle application. This order is valued at more than $5.2M. Shipments for this order are expected to begin in the next six weeks, with all services being completed by the end of September 2014. Program management, engineering services, and installation support will be provided as part of this order.
News For KVHI From The Last 14 Days
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October 15, 2014
07:13 EDTKVHIKVH Industries receives $19M order for FOG-based navigation systems
KVH Industries announced that it has received a $19M contract for the delivery of a new fiber optic gyro-, or FOG, based tactical navigation system for use by an international military customer in an armored vehicle application. A variant of KVH's TACNAV FOG product and KVH's new TACNAV 3D, the system provides continuous high-accuracy position and orientation even when GPS is lost or jammed. Work on this contract commenced in July under a letter contract, and hardware shipments for this order are expected to be made in 2015 and 2016. Program management, engineering services, and out-year support services will be provided as part of this order.

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