[Satnews] KVH Industries, Inc., (Nasdaq: KVHI) announced today that its guidance and stabilization business has been awarded two contracts totaling $2.7 million: a $1.3 million contract to provide field service representative (FSR) support to an allied country in the Middle East related to KVH’s tactical navigation (TACNAV) systems installed on military vehicles; and, a $1.4 million contract for the delivery of TACNAV systems for use by an international military customer in an armored vehicle application.
KVH’s FSR support will include installation, operations, and maintenance of KVH tactical navigation devices purchased by the customer, and full-time technical support throughout the customer’s territory. The $1.3 million contract covers two years of support beginning immediately, with an extension option for three more years and an additional $2.2 million.
For the $1.4 million contract, KVH will deliver a tactical navigation system designed to help military vehicle crews maintain 100 percent situational awareness with or without GPS; the system is a variant of KVH’s TACNAV TLS and TACNAV Light. The hardware shipments for this order are expected to take place in the fourth quarter of 2015.
"KVH’s TACNAV solution serves as a crucial resource for navigation and battle management, keeping soldiers safe and out of harm’s way wherever they travel,” says Dan Conway, executive vice president of KVH’s guidance and stabilization group. “This new order reaffirms the value of KVH’s TACNAV products as an important tool for U.S. and allied warfighters, providing precision navigation as well as coordination of vehicles in critical situations, and adds to our backlog for the year.”
All of KVH’s TACNAV military vehicle navigation systems provide unjammable precision navigation, heading, and pointing data for vehicle drivers, crews, and commanders. TACNAV can also serve as a heading and position source for situational awareness. The TACNAV system ordered today features a compact design, continuous heading and pointing data output, and a flexible architecture that allows it to function as either a standalone navigation module or as the heart of an expanded, multifunctional TACNAV system. The system is designed to integrate with Battle Management Systems (BMS) and is a vital component for effective battlefield management.
TACNAV systems are currently in use by the U.S. Army and Marine Corps, as well as many allied customers including Canada, Sweden, Great Britain, France, Germany, Spain, Egypt, Botswana, Australia, New Zealand, Saudi Arabia, Taiwan, Romania, Poland, Turkey, Malaysia, Switzerland, South Korea, Singapore, Brazil, and Italy.