GMV experienced strong growth in 2008 and experienced an 18 percent increase in overall revenue, up to $128 million in 2008 — space and defense is the largest business area in the company and produced revenue of $94 million U.S. dollars.

Despite the difficult global economic situation, 2008 was a good year for GMV, whose results surpassed the company’s goals for the year. GMV has been ranked 48th among the top 50 space manufacturing and services companies in the world, based on the Company’s space-and missile defense-related revenue in 2008, by Space News. GMV, known for its innovations in space ground systems and flight dynamics, was listed as number 48. GMV specializes in the supply, development, and integration of engineering systems for the aerospace, defense, security, healthcare, transportation, telecommunications and IT sectors.  In Space, GMV is a leading supplier of satellite ground systems for agencies, operators, manufacturers and integrators around the world. The key reasons for the company’s worldwide success include its satellite navigation systems, their technology for satellite ground control systems, and the expansion of the company’s North American division.