KVH Receives Orders Totaling $6.7 Million for TACNAV Tactical Navigation Systems
KVH Industries, Inc. (KVHI)
Last kvh industries, inc. earnings: 5/1 07:00 am
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Source: GlobeNewswire
MIDDLETOWN, R.I., Sept. 25, 2019 (GLOBE NEWSWIRE) -- KVH Industries, Inc., (Nasdaq: KVHI), announced today that it has received two orders totaling $6.7 million for its fiber optic gyro (FOG)-based TACNAV® tactical navigation systems for use by military customers. Revenue from one of these orders will be completed in 2019; revenue from the other order is expected to begin in the fourth quarter of 2019 and continue through 2021. “KVH’s TACNAV tactical navigation solution provides precision navigation as well as coordination of military vehicles in critical situations,” says Dan Conway, executive vice president of KVH’s inertial navigation group. “The system serves as a crucial resource for navigation and battle management, and as an alternative source of heading, position, and navigation in GPS-denied environments, helping keep soldiers safe and out of harm’s way wherever they travel. These new orders reaffirm the value of KVH’s TACNAV products and add to our backlog.” KVH’s FOG-ba
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KVHI
Sec Filings
- 12/18/24 - Form 4
- 12/10/24 - Form 8-K
- 11/13/24 - Form SC
- KVHI's page on the SEC website