KVH Industries, Inc., has received a new contract from a southeast Asian customer for the purchase of KVH's TACNAV II fiber optic gyro (FOG)-based vehicle navigation systems and displays. The contract has a total value of approximately $2.3 million with shipments starting in 2007 and extending through 2010.
Commenting on the new contract, Dan Conway, KVH's vice president of business development, said, "Thanks to its integrated KVH fiber optic gyros, our TACNAV II system offers vehicle crews and combat commanders a powerful tool for unjammable navigation as well as full integration with the increasingly robust digital battlefield.
"This new order and the more than $20 million in additional military navigation orders that we have received since the start of 2007 illustrate the continuing demand for our military vehicle navigation systems in the international and domestic markets. While most of these orders will have limited financial impact in the immediate term due to their out-year delivery schedules, they are helping us build a very strong, multi-year foundation for our military navigation business."
KVH's TACNAV II is a FOG-based tactical navigation system for vehicles that combines GPS position data with inputs from its fiber optic gyro, optional digital compass, and the vehicle's odometer to provide unjammable, precision navigation, heading, and pointing data for vehicle drivers, crews, and commanders.
TACNAV II also offers a link between each vehicle and the customer's Battle Management System (BMS), 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.
