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Article: KVH Announces New Orders for Its Vehicle Navigation Systems

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Wireless News
Article date:
January 13, 2005
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Wireless News
01-13-2005
KVH Announces New Orders for Its Vehicle Navigation Systems

WIRELESS NEWS-13 January 2005-KVH Announces New Orders for Its Vehicle Navigation Systems (C)2005 10Meters - http:// www.10meters.com

KVH Industries has received two new orders, valued at approximately $1.15 milion, for its TACNAV vehicle navigation systems.
One order is valued at roughly $911,000 and was placed by a defense prime contractor on behalf of a foreign customer. The secord order for $238,000 was awarded by a repeat U.S. military customer.

KVH said the majority of the contract revenue is expected to be recognized during the first half of 2005.

KVH's TACNAV military vehicle navigation systems ...

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